Funding you earn now, next payment 06:00 UTC−0.0218%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.055%
Price spread now: ApeX Omni against GMX−0.031%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and ApeX Omni is 0.031% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX LDO/USD [ETH-USDC] | 0.4231 | L +0.0318% / S −0.0201% | pay 0.0040% / 1h | 49m 00s | $23K | — | 100x |
| Short | ApeX Omni LDOUSDT | 0.4230 | 0.0100 | get 0.0013% / 1h | 49m 00s | $32K | $639K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against GMX. 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
- −$45.86
- Price spread: −0.031% → 0.000%
- −$3.1
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$70.95
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; ApeX Omni: live order book, 64 min ago. 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 GMX no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 64 min ago | 6.99 bp | 14.5 bp −$15 | 118.9 bp −$1,189 | doesn't fit | doesn't fit |
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 venues
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 | −0.0464% | 1h | 0.4189 | −1.000% | $116K | $40K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4235 | +0.093% | $82K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4234 | +0.064% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −2.867% | $4K | $11 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4230 | −0.025% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4234 | +0.073% | $11.5M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4234 | +0.052% | $167K | $93K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4234 | +0.064% | $108K | $27K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4232 | +0.016% | $17.8M | $30.9M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4229 | −0.055% | $16.0M | $10.1M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4230 | −0.031% | $4.0M | $6.7M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4233 | +0.040% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4231 | −0.007% | $7.4M | $5.8M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4234 | +0.064% | $2.7M | $3.5M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4230 | −0.031% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4233 | +0.040% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4231 | 0.000% | $90K | $180K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4234 | +0.058% | $199K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4235 | +0.090% | $300K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDTshort | +0.0100% | 1h | 0.4230 | −0.031% | $32K | $639K | 50x | |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4234 | +0.059% | $27K | $368K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4332 | +2.380% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4229 | −0.052% | $254K | $1.2M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4233 | +0.035% | $37K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0114% | 8h | 0.4230 | −0.031% | $899K | $257K | 75x | as long as short |
| GMX LDO/USD [ETH-USDC]long | L +0.0318% / S −0.0201% | 1h | 0.4231 | long leg | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0342% | 1h | 0.4231 | −0.011% | $295K | — | 15x | as long as short |
| Lighter LDO | +0.0400% | 1h | 0.4240 | +0.203% | $855K | $263K | 10x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0597% | 1h | 0.4232 | +0.019% | $1.1M | $658K | 50x | as long as short |
GMX LDO/USD [ETH-USDC]
ApeX Omni LDOUSDT
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective 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
Backpack LDO_USDC_PERP
Variational Omni LDO
GRVT LDO_USDT_Perp
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
BloFin LDO-USDT
Lighter LDO
Kraken Futures PF_LDOUSD