Funding you earn now, next payment 22:00 UTC−0.0286%/8h= −31.3% APRnext payment −$0.36 per $10,000 · paid last 24h −0.381%
Price spread now: Injective against GMX−0.807%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 −$9 a day on $10k at the current rate, and Injective is 0.807% cheaper against GMX than usual: you would sell low and buy high (−$81 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] | 0.4305 | L +0.0319% / S −0.0201% | pay 0.0040% / 1h | 4m 51s | $24K | — | 100x |
| Short | Injective LDO/USDC PERP | 0.4270 | 0.0033 | get 0.0004% / 1h | 4m 51s | $4K | $11 | 12x |
GMX LDO/USD [ETH-USDC]
Injective LDO/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$60.02
- Price spread: −0.807% → 0.000%
- −$80.72
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$152.77
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: 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 Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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 | −0.0688% | 1h | 0.4290 | −0.343% | $116K | $54K | 50x | as long as short |
| Deribit LDO_USDC-PERPETUAL | −0.0450% | 1h | 0.4280 | −0.575% | $3K | $10K | 25x | as long as short |
| Kraken Futures PF_LDOUSD | −0.0332% | 1h | 0.4281 | −0.552% | $1.1M | $564K | 50x | as long as short |
| dYdX LDO-USD | +0.0014% | 1h | 0.4332 | +0.626% | $84K | $17K | 5x | as long as short |
| Injective LDO/USDC PERPshort | +0.0033% | 1h | 0.4270 | −0.807% | $4K | $11 | 12x | |
| BloFin LDO-USDT | +0.0096% | 8h | 0.4283 | −0.505% | $787K | $226K | 75x | as long as short |
| Lighter LDO | +0.0096% | 1h | 0.4303 | −0.045% | $872K | $266K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4318 | +0.303% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4292 | −0.296% | $11.8M | $3.8M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4284 | −0.480% | $169K | $149K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Kraken Futures PF_LDOUSD
dYdX LDO-USD
BloFin LDO-USDT
Lighter LDO
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica LDO | +0.0100% | 1h | 0.4321 | +0.377% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4290 | −0.350% | $17.9M | $38.3M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4286 | −0.436% | $16.3M | $13.3M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4286 | −0.436% | $4.0M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4285 | −0.459% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4289 | −0.366% | $8.5M | $7.7M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4289 | −0.366% | $2.8M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4286 | −0.436% | $3.3M | $3.8M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4285 | −0.459% | — | $3.9M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4282 | −0.526% | $85K | $185K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4321 | +0.385% | $202K | $88K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4334 | +0.674% | $303K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4330 | +0.587% | $35K | $648K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4320 | +0.364% | $22K | $739K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4421 | +2.701% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4285 | −0.452% | $256K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4286 | −0.446% | $38K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC]long | L +0.0319% / S −0.0201% | 1h | 0.4305 | long leg | $24K | — | 100x | |
| Reya LDORUSDPERP | +0.0333% | 1h | 0.4315 | +0.235% | $301K | — | 15x | as long as short |
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
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Aevo LDO-PERP
Reya LDORUSDPERP