Funding you earn now, next payment 21:00 UTC+0.0688%/8h= +75.3% APRnext payment +$0.86 per $10,000 · paid last 24h +0.027%
Price spread now: GMX against Kraken Futures+0.069%54s7-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 +$21 a day on $10k at the current rate, and GMX is 0.069% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_LDOUSD | 0.4363 | −0.0487 | get 0.0061% / 1h | 32m 24s | $1.2M | $512K | 50x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4366 | L +0.0319% / S −0.0201% | get 0.0025% / 1h | 32m 24s | $24K | — | 100x |
Kraken Futures PF_LDOUSD
GMX LDO/USD [ETH-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Kraken Futures. 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
- $144.42
- Price spread: +0.069% → 0.000%
- $6.9
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $129.32
- Costs to cover
- 0.220%
- Break-even
- 0.7 days
Slippage unknown: Kraken Futures: live order book, 2 min ago; 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 Kraken Futures live order book, 2 min ago | 14.89 bp | 20.5 bp −$21 | 130.9 bp −$1,309 | doesn't fit | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
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 | −0.0904% | 1h | 0.4310 | −1.205% | $116K | $52K | 50x | as long as short |
| Kraken Futures PF_LDOUSDlong | −0.0487% | 1h | 0.4363 | long leg | $1.2M | $512K | 50x | |
| dYdX LDO-USD | 0.0000% | 1h | 0.4372 | +0.215% | $84K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4366 | +0.079% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4270 | −2.122% | $4K | $111 | 12x | as long as short |
| BloFin LDO-USDT | +0.0097% | 8h | 0.4370 | +0.171% | $796K | $230K | 75x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4375 | +0.289% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4370 | +0.166% | $12.2M | $3.4M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4378 | +0.356% | $172K | $148K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4379 | +0.382% | $112K | $182K | 10x | as long as short |
Coinbase International LDO-PERP-INTX
dYdX LDO-USD
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
BloFin LDO-USDT
Paradex LDO-USD-PERP
Hyperliquid LDO
Aster LDOUSDT
Pacifica LDOShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance LDOUSDT | +0.0100% | 8h | 0.4365 | +0.065% | $18.2M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4362 | −0.013% | $16.9M | $13.0M | 50x | as long as short |
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4364 | +0.033% | $4.1M | $9.2M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4364 | +0.033% | $1.4M | $1.1M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4364 | +0.033% | $9.1M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4366 | +0.079% | $2.7M | $4.3M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4361 | −0.036% | $3.3M | $3.6M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4365 | +0.056% | — | $3.8M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4374 | +0.271% | $86K | $188K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4350 | −0.298% | $203K | $119K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4354 | −0.192% | $310K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4370 | +0.171% | $33K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4374 | +0.269% | $26K | $716K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4467 | +2.394% | $2K | $1.4M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4372 | +0.214% | $262K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4366 | +0.090% | $39K | — | 3x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0319% / S −0.0201% | 1h | 0.4366 | +0.069% | $24K | — | 100x | |
| Lighter LDO | +0.0328% | 1h | 0.4388 | +0.583% | $888K | $264K | 10x | as long as short |
| Reya LDORUSDPERP | +0.0331% | 1h | 0.4361 | −0.032% | $304K | — | 15x | as long as short |
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
Lighter LDO
Reya LDORUSDPERP