LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.102%

Price spread now: Deribit against GMX+0.044%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Deribit

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Deribit is 0.044% dearer against GMX than usual: you sell high and buy low (spread +0.044% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 34 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LDO/USD [ETH-USDC]	0.4302	L +0.0319% / S −0.0201%	pay 0.0040% / 1h	29m 40s	$23K	—	100x
Short	Deribit LDO_USDC-PERPETUAL	0.4304	0.0215	get 0.0027% / 1h	29m 40s	$3K	$10K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against GMX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GMXbpFee DeribitbpOrdersPrice spread, now +0.044%Rate

Funding earned: −$21.78
Price spread: +0.044% → 0.000%: $4.44
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$36.34
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Deribit: 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 GMX no order-book sample	—	—	—	—	—
Sell Deribit no order-book sample	—	—	—	—	—

GMX and Deribit: 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	−0.0752%	1h	0.4300	−0.049%	$117K	$53K	50x	as long as short
dYdX LDO-USD	0.0000%	1h	0.4303	+0.017%	$83K	$17K	5x	as long as short
Injective LDO/USDC PERP	+0.0033%	1h	0.4110	−4.465%	$4K	$14	12x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4301	−0.032%	$3K	$56	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4308	+0.126%	$12.0M	$4.1M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4308	+0.147%	$169K	$149K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4305	+0.059%	$111K	$178K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4306	+0.091%	$18.1M	$38.0M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	0.4301	−0.025%	$16.3M	$12.4M	50x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4301	−0.025%	$4.1M	$9.1M	50x	as long as short

Show all 29 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate LDO_USDT	+0.0100%	8h	0.4304	+0.044%	$1.4M	$1.0M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4305	+0.068%	$7.9M	$7.5M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4305	+0.068%	$2.8M	$4.2M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4302	−0.002%	$3.4M	$3.7M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4303	+0.021%	—	$3.7M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4304	+0.033%	$87K	$148K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4302	−0.006%	$201K	$81K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4305	+0.063%	$306K	$3.5M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4310	+0.184%	$35K	$644K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4304	+0.049%	$23K	$736K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4408	+2.462%	$2K	$1.5M	20x	as long as short
BloFin LDO-USDT	+0.0100%	8h	0.4307	+0.114%	$791K	$221K	75x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4300	−0.041%	$263K	$1.6M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4304	+0.033%	$38K	—	3x	as long as short
Kraken Futures PF_LDOUSD	+0.0197%	1h	0.4306	+0.099%	$1.1M	$526K	50x	as long as short
Deribit LDO_USDC-PERPETUALshort	+0.0215%	1h	0.4304	+0.044%	$3K	$10K	25x
GMX LDO/USD [ETH-USDC]long	L +0.0319% / S −0.0201%	1h	0.4302	long leg	$23K	—	100x
Reya LDORUSDPERP	+0.0336%	1h	0.4299	−0.074%	$300K	—	15x	as long as short
Lighter LDO	+0.0624%	1h	0.4315	+0.288%	$876K	$267K	10x	as long as short