Funding you earn now, next payment 11:00 UTC+0.0204%/8h= +22.3% APRnext payment +$0.25 per $10,000 · paid last 24h +0.026%
Price spread now: GMX against Extended+0.104%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and GMX is 0.104% dearer against Extended than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended LDO-USD | 0.4155 | 0.0104 | pay 0.0013% / 1h | 54m 35s | $251K | $1.4M | 25x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4159 | L +0.0384% / S −0.0308% | get 0.0038% / 1h | 54m 35s | $29K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Extended. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $42.81
- Price spread: +0.104% → 0.000%
- $10.35
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $36.16
- Costs to cover
- 0.170%
- Break-even
- 1.1 days
Slippage unknown: Extended: live order book, 2 min ago; GMX: no order-book sample. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Extended live order book, 2 min ago | 3.61 bp | 16.4 bp −$16 | 94.9 bp −$949 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
LDO on 29 exchanges
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.0384% | 1h | 0.4146 | −0.220% | $114K | $47K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0231% | 1h | 0.4158 | +0.069% | $7K | $10K | 25x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4162 | +0.163% | $80K | $2K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −1.086% | $4K | $10 | 12x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4166 | +0.271% | $840K | $243K | 10x | as long as short |
| Backpack LDO_USDC_PERP | +0.0096% | 1h | 0.4161 | +0.136% | $86K | $171K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4157 | +0.046% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4162 | +0.158% | $11.4M | $2.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4164 | +0.219% | $163K | $53K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4161 | +0.141% | $105K | $7K | 10x | as long as short |
Show all 29 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4160 | +0.108% | $17.5M | $30.6M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4158 | +0.069% | $16.0M | $9.4M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4160 | +0.117% | $4.0M | $6.0M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4161 | +0.141% | $1.6M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4160 | +0.117% | $6.3M | $5.0M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4161 | +0.141% | $2.6M | $2.9M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4158 | +0.069% | $3.2M | $2.5M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4159 | +0.093% | — | $10.0M | — | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4160 | +0.128% | $198K | $51K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4167 | +0.287% | $295K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4170 | +0.358% | $31K | $632K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4163 | +0.189% | $24K | $309K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4259 | +2.500% | $1K | $1.1M | 20x | as long as short |
| Extended LDO-USDlong | +0.0104% | 1h | 0.4155 | long leg | $251K | $1.4M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4161 | +0.152% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0107% | 8h | 0.4160 | +0.117% | $878K | $266K | 75x | as long as short |
| Reya LDORUSDPERP | +0.0349% | 1h | 0.4158 | +0.076% | $290K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0363% | 1h | 0.4163 | +0.193% | $1.0M | $743K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0384% / S −0.0308% | 1h | 0.4159 | +0.104% | $29K | — | 100x |
Extended LDO-USD
GMX LDO/USD [ETH-USDC]
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
Lighter LDO
Backpack LDO_USDC_PERP
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDT
OKX LDO-USDT-SWAP
Gate LDO_USDT
MEXC LDO_USDT
KuCoin LDOUSDTM
Bitget LDOUSDT
BingX LDO-USDT
Variational Omni LDO
GRVT LDO_USDT_Perp
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
BloFin LDO-USDT
Kraken Futures PF_LDOUSD