Funding you earn now, next payment 03:00 UTC+0.0168%/8h= +18.4% APRnext payment +$0.21 per $10,000 · paid last 24h +0.435%
Price spread now: GMX against Injective+4.139%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$5 a day on $10k at the current rate, and GMX is 4.139% dearer against Injective than usual: you sell high and buy low: +$414 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective LDO/USDC PERP | 0.4110 | 0.0033 | pay 0.0004% / 1h | 56m 50s | $4K | $13 | 12x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4280 | L +0.0319% / S −0.0201% | get 0.0025% / 1h | 56m 50s | $23K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. 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
- $35.26
- Price spread: +4.139% → 0.000%
- $413.87
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $437.11
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; GMX: 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective and 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 28 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 | −0.0512% | 1h | 0.4259 | +3.625% | $119K | $43K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4281 | +4.168% | $83K | $5K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4280 | +4.136% | $7K | $20K | 25x | as long as short |
| Injective LDO/USDC PERPlong | +0.0033% | 1h | 0.4110 | long leg | $4K | $13 | 12x | |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4276 | +4.028% | $3K | — | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4298 | +4.567% | $11.7M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4285 | +4.261% | $169K | $134K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4282 | +4.177% | $110K | $144K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4292 | +4.437% | $18.0M | $32.4M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4294 | +4.477% | $16.1M | $10.5M | 50x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4294 | +4.477% | $4.0M | $7.4M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4288 | +4.331% | $1.5M | $999K | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4291 | +4.404% | $7.7M | $6.9M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4290 | +4.380% | $2.7M | $4.0M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4293 | +4.453% | $3.3M | $3.2M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4290 | +4.380% | — | $10.0M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4283 | +4.200% | $88K | $156K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4295 | +4.495% | $202K | $68K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4296 | +4.527% | $303K | $3.4M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4300 | +4.623% | $33K | $638K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4280 | +4.148% | $23K | $687K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4380 | +6.569% | $1K | $1.2M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4286 | +4.270% | $258K | $1.3M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4277 | +4.063% | $38K | — | 3x | as long as short |
| Lighter LDO | +0.0160% | 1h | 0.4287 | +4.316% | $871K | $265K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0319% / S −0.0201% | 1h | 0.4280 | +4.139% | $23K | — | 100x | |
| Reya LDORUSDPERP | +0.0338% | 1h | 0.4276 | +4.042% | $298K | — | 15x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0577% | 1h | 0.4283 | +4.199% | $1.2M | $713K | 50x | as long as short |
Injective LDO/USDC PERP
GMX LDO/USD [ETH-USDC]
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
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
ApeX Omni LDOUSDT
Polymarket Perps LDO-USD
SunX LDO-USDT
Extended LDO-USD
Lighter LDO
Kraken Futures PF_LDOUSD