Spread before costs (cost unknown: a leg has no order-book sample)+0.105%
7d average—if it closes, per $10,000$11funding while held, a day+$2.58
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX LDO-USDT-SWAP | 0.4360 | 0.0100 | pay 0.0100% / 8h | 6h 58m | $4.1M | $9.8M | 50x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4365 | L +0.0307% / S −0.0186% | get 0.0023% / 1h | 58m 40s | $24K | — | 100x |
OKX LDO-USDT-SWAP
GMX LDO/USD [ETH-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $10.53
- Funding while held
- $2.58
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$8.89
- Spread needed to break even
- 0.220%
Slippage unknown: OKX: live order book, 6 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0086%
- Per $10,000 a day
- +$2.58
- Average in range /8h
- —
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 OKX live order book, 6 min ago | 3.44 bp | 16.4 bp −$16 | 53.7 bp −$537 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni0.4352cheapestCoinbase International0.4353+0.014%Reya0.4358+0.118%
Variational Omni
Coinbase International
ReyaOKX0.4360+0.175%
ApeX Omni0.4360+0.175%Polymarket Perps0.4360+0.186%Bybit0.4361+0.198%BloFin0.4361+0.198%Extended0.4361+0.208%Aevo0.4363+0.232%Gate0.4363+0.244%Aster0.4363+0.247%Backpack0.4364+0.258%Paradex0.4364+0.264%Deribit0.4364+0.267%Pacifica0.4364+0.271%
ApeX Omni
Polymarket Perps
Bybit
BloFin
Extended
Aevo
Gate
Aster
Backpack
Paradex
Deribit
PacificaGMX0.4365+0.280%
KuCoin0.4365+0.290%BingX0.4365+0.290%Binance0.4366+0.308%Bitget0.4366+0.313%MEXC0.4368+0.359%Kraken Futures0.4368+0.365%Hyperliquid0.4370+0.402%dYdX0.4370+0.405%Lighter0.4374+0.494%Injective0.4380+0.634%SunX0.4461+2.495%
KuCoin
BingX
Binance
Bitget
MEXC
Kraken Futures
Hyperliquid
dYdX
Lighter
Injective
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni LDO | −0.175% | +0.0100% | 8h | $219K | $166K | — | as long as short |
| Coinbase International LDO-PERP-INTX | −0.161% | −0.1272% | 1h | $117K | $47K | 50x | as long as short |
| Reya LDORUSDPERP | −0.057% | +0.0326% | 1h | $304K | — | 15x | as long as short |
| OKX LDO-USDT-SWAPlong | 0.000% | +0.0100% | 8h | $4.1M | $9.8M | 50x | |
| ApeX Omni LDOUSDT | 0.000% | +0.0100% | 1h | $33K | $647K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.011% | +0.0004% | 1h | $23K | $1.1M | 5x | as long as short |
| Bybit LDOUSDT | +0.023% | +0.0023% | 8h | $16.6M | $13.1M | 50x | as long as short |
| BloFin LDO-USDT | +0.023% | +0.0114% | 8h | $840K | $176K | 75x | as long as short |
| Extended LDO-USD | +0.033% | +0.0104% | 1h | $262K | $1.0M | 25x | as long as short |
| Aevo LDO-PERP | +0.057% | +0.0104% | 1h | $39K | — | 3x | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | +0.069% | −0.0018% | 8h | $1.4M | $1.1M | 50x | as long as short |
| Aster LDOUSDT | +0.072% | +0.0100% | 8h | $171K | $326K | 10x | as long as short |
| Backpack LDO_USDC_PERP | +0.083% | +0.0152% | 1h | $86K | $198K | 10x | as long as short |
| Paradex LDO-USD-PERP | +0.089% | +0.0099% | 8h | $3K | $56 | 20x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.092% | 0.0000% | 1h | $3K | $10K | 25x | as long as short |
| Pacifica LDO | +0.096% | +0.0100% | 1h | $112K | $188K | 10x | as long as short |
| GMX LDO/USD [ETH-USDC]short | +0.105% | L +0.0307% / S −0.0186% | 1h | $24K | — | 100x | |
| KuCoin LDOUSDTM | +0.115% | +0.0100% | 8h | $2.7M | $4.3M | 50x | as long as short |
| BingX LDO-USDT | +0.115% | +0.0100% | 8h | — | $4.9M | — | as long as short |
| Binance LDOUSDT | +0.133% | +0.0100% | 8h | $18.2M | $40.1M | 75x | as long as short |
| Bitget LDOUSDT | +0.138% | +0.0100% | 8h | $3.4M | $3.8M | 75x | as long as short |
| MEXC LDO_USDT | +0.183% | +0.0100% | 8h | $9.1M | $7.4M | 200x | as long as short |
| Kraken Futures PF_LDOUSD | +0.190% | +0.0125% | 1h | $1.2M | $590K | 50x | as long as short |
| Hyperliquid LDO | +0.227% | +0.0100% | 1h | $12.4M | $3.6M | 5x | as long as short |
| dYdX LDO-USD | +0.229% | 0.0000% | 1h | $84K | $17K | 5x | as long as short |
| Lighter LDO | +0.319% | +0.0096% | 1h | $888K | $264K | 10x | as long as short |
| Injective LDO/USDC PERP | +0.459% | +0.0033% | 1h | $4K | $92K | 12x | as long as short |
| SunX LDO-USDT | +2.317% | +0.0100% | 8h | $2K | $1.5M | 20x | as long as short |