Funding you earn now, next payment 05:00 UTC−0.0215%/8h= −23.5% APRnext payment −$0.27 per $10,000 · paid last 24h −0.052%
Price spread now: Extended against GMX−0.143%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
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.143% cheaper against GMX than usual: you would sell low and buy high (−$14 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] | 0.4258 | L +0.0319% / S −0.0201% | pay 0.0040% / 1h | 25m 26s | $23K | — | 100x |
| Short | Extended LDO-USD | 0.4252 | 0.0104 | get 0.0013% / 1h | 25m 26s | $255K | $1.3M | 25x |
GMX LDO/USD [ETH-USDC]
Extended LDO-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$45.15
- Price spread: −0.143% → 0.000%
- −$14.28
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$76.43
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago | 5.87 bp | 15.0 bp −$15 | 59.5 bp −$595 | 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 | −0.0352% | 1h | 0.4253 | −0.114% | $118K | $41K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4257 | −0.016% | $82K | $5K | 5x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −3.473% | $4K | $13 | 12x | as long as short |
| BloFin LDO-USDT | +0.0077% | 8h | 0.4262 | +0.097% | $907K | $252K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4252 | −0.132% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4257 | −0.013% | $11.6M | $3.1M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4258 | −0.007% | $167K | $100K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4256 | −0.038% | $109K | $26K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4255 | −0.067% | $17.9M | $30.5M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4251 | −0.161% | $16.0M | $9.9M | 50x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDO
Binance LDOUSDT
Bybit LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4253 | −0.114% | $4.0M | $6.8M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4256 | −0.044% | $1.5M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4254 | −0.091% | $7.6M | $6.3M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4256 | −0.044% | $2.7M | $3.6M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4252 | −0.138% | $3.3M | $3.1M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4255 | −0.067% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4259 | +0.017% | $90K | $175K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4256 | −0.051% | $200K | $60K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4265 | +0.167% | $305K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4260 | +0.050% | $32K | $641K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4256 | −0.032% | $21K | $246K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4356 | +2.305% | $2K | $1.2M | 20x | as long as short |
| Extended LDO-USDshort | +0.0104% | 1h | 0.4252 | −0.143% | $255K | $1.3M | 25x | |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4259 | +0.027% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC]long | L +0.0319% / S −0.0201% | 1h | 0.4258 | long leg | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0342% | 1h | 0.4251 | −0.155% | $296K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0395% | 1h | 0.4262 | +0.098% | $1.1M | $653K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.0455% | 1h | 0.4260 | +0.050% | $7K | $20K | 25x | as long as short |
| Lighter LDO | +0.0464% | 1h | 0.4266 | +0.182% | $873K | $250K | 10x | as long as short |
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
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Aevo LDO-PERP
Reya LDORUSDPERP
Kraken Futures PF_LDOUSD
Deribit LDO_USDC-PERPETUAL
Lighter LDO