LDO

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.014%

Price spread now: Reya against GMX−0.047%7-day average — · you buy dearer than you sell

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

Long on GMX Short on Reya

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—+ Points / potential airdropReya: Active · farm boardneeds both histories

Funding pays, the price is against you. Reya is 0.047% cheaper against GMX than usual: you would sell low and buy high (spread −0.047% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 6.4 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX LDO/USD [ETH-USDC]	0.4254	L +0.0319% / S −0.0201%	pay 0.0040% / 1h	7m 01s	$23K	—	100x
Short	Reya LDORUSDPERP	0.4252	0.0343	get 0.0043% / 1h	7m 01s	$297K	—	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Reya 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 ReyabpOrdersPrice spread, now −0.047%Rate

Funding earned: $5.18
Price spread: −0.047% → 0.000%: −$4.72
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Reya: 3 bp × 2 orders: −$6
Net: −$17.54
Costs to cover: 0.180%
Break-even: 30.7 days

Slippage unknown: GMX: no order-book sample; Reya: 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 Reya no order-book sample	—	—	—	—	—

GMX and Reya: 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	0.4192	−1.454%	$117K	$41K	50x	as long as short
dYdX LDO-USD	0.0000%	1h	0.4244	−0.228%	$82K	$5K	5x	as long as short
Injective LDO/USDC PERP	+0.0033%	1h	0.4110	−3.382%	$4K	$11	12x	as long as short
Paradex LDO-USD-PERP	+0.0100%	8h	0.4251	−0.072%	$3K	—	20x	as long as short
Hyperliquid LDO	+0.0100%	1h	0.4258	+0.095%	$11.6M	$3.1M	5x	as long as short
Aster LDOUSDT	+0.0100%	8h	0.4253	−0.014%	$167K	$91K	10x	as long as short
Pacifica LDO	+0.0100%	1h	0.4251	−0.076%	$107K	$28K	10x	as long as short
Binance LDOUSDT	+0.0100%	8h	0.4255	+0.027%	$17.8M	$31.1M	75x	as long as short
Bybit LDOUSDT	+0.0100%	8h	0.4253	−0.020%	$16.1M	$10.2M	50x	as long as short
OKX LDO-USDT-SWAP	+0.0100%	8h	0.4252	−0.044%	$4.0M	$6.8M	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	0.4252	−0.044%	$1.4M	$1.1M	50x	as long as short
MEXC LDO_USDT	+0.0100%	8h	0.4255	+0.027%	$7.1M	$5.9M	200x	as long as short
KuCoin LDOUSDTM	+0.0100%	8h	0.4255	+0.027%	$2.7M	$3.5M	50x	as long as short
Bitget LDOUSDT	+0.0100%	8h	0.4252	−0.044%	$3.3M	$3.0M	75x	as long as short
BingX LDO-USDT	+0.0100%	8h	0.4253	−0.020%	—	$10.0M	—	as long as short
Backpack LDO_USDC_PERP	+0.0100%	1h	0.4255	+0.029%	$90K	$181K	10x	as long as short
Variational Omni LDO	+0.0100%	8h	0.4241	−0.308%	$198K	$62K	—	as long as short
GRVT LDO_USDT_Perp	+0.0100%	8h	0.4243	−0.260%	$302K	$3.5M	10x	as long as short
ApeX Omni LDOUSDT	+0.0100%	1h	0.4240	−0.326%	$32K	$638K	50x	as long as short
Polymarket Perps LDO-USD	+0.0100%	1h	0.4256	+0.053%	$22K	$375K	5x	as long as short
SunX LDO-USDT	+0.0100%	8h	0.4356	+2.401%	$1K	$1.2M	20x	as long as short
Extended LDO-USD	+0.0104%	1h	0.4251	−0.066%	$259K	$1.2M	25x	as long as short
Aevo LDO-PERP	+0.0104%	1h	0.4255	+0.033%	$38K	—	3x	as long as short
BloFin LDO-USDT	+0.0119%	8h	0.4253	−0.020%	$883K	$260K	75x	as long as short
Deribit LDO_USDC-PERPETUAL	+0.0220%	1h	0.4256	+0.050%	$7K	$20K	25x	as long as short
Lighter LDO	+0.0232%	1h	0.4263	+0.208%	$859K	$267K	10x	as long as short
GMX LDO/USD [ETH-USDC]long	L +0.0319% / S −0.0201%	1h	0.4254	long leg	$23K	—	100x
Reya LDORUSDPERPshort	+0.0343%	1h	0.4252	−0.047%	$297K	—	15x
Kraken Futures PF_LDOUSD	+0.0594%	1h	0.4258	+0.095%	$1.1M	$661K	50x	as long as short