Spread before costs (cost unknown: a leg has no order-book sample)+0.111%
7d average—if it closes, per $10,000$11funding while held, a day+$2.43
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica LDO | 0.4355 | 0.0100 | pay 0.0013% / 1h | 8m 13s | $112K | $188K | 10x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4360 | L +0.0302% / S −0.0181% | get 0.0023% / 1h | 8m 13s | $24K | — | 100x |
Pacifica LDO
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
- $11.11
- Funding while held
- $2.43
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$6.45
- Spread needed to break even
- 0.200%
Slippage unknown: Pacifica: live order book, 41 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0081%
- Per $10,000 a day
- +$2.43
- 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 Pacifica live order book, 41 min ago | 8.05 bp | 20.6 bp −$21 | doesn't fit | 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.Coinbase International0.4312cheapestVariational Omni0.4339+0.622%OKX0.4349+0.858%BloFin0.4349+0.858%Reya0.4349+0.861%Injective0.4350+0.881%Bybit0.4351+0.904%Extended0.4352+0.926%Bitget0.4352+0.928%BingX0.4352+0.928%Gate0.4353+0.951%Polymarket Perps0.4354+0.979%
Coinbase International
Variational Omni
OKX
BloFin
Reya
Injective
Bybit
Extended
Bitget
BingX
Gate
Polymarket PerpsPacifica0.4355+0.997%
Binance0.4355+0.997%MEXC0.4355+0.997%Paradex0.4355+1.000%Kraken Futures0.4355+1.007%Backpack0.4355+1.009%Aevo0.4356+1.032%KuCoin0.4357+1.044%Aster0.4357+1.045%Deribit0.4358+1.067%dYdX0.4360+1.109%
Binance
MEXC
Paradex
Kraken Futures
Backpack
Aevo
KuCoin
Aster
Deribit
dYdXGMX0.4360+1.109%
Hyperliquid0.4360+1.111%ApeX Omni0.4360+1.113%Lighter0.4366+1.248%SunX0.4456+3.340%
Hyperliquid
ApeX Omni
Lighter
SunXLDO on 28 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Coinbase International LDO-PERP-INTX | −0.987% | −0.1248% | 1h | $116K | $45K | 50x | as long as short |
| Variational Omni LDO | −0.372% | +0.0100% | 8h | $221K | $146K | — | as long as short |
| OKX LDO-USDT-SWAP | −0.138% | +0.0100% | 8h | $4.0M | $9.8M | 50x | as long as short |
| BloFin LDO-USDT | −0.138% | +0.0121% | 8h | $833K | $122K | 75x | as long as short |
| Reya LDORUSDPERP | −0.135% | +0.0325% | 1h | $303K | — | 15x | as long as short |
| Injective LDO/USDC PERP | −0.115% | +0.0033% | 1h | $4K | $136K | 12x | as long as short |
| Bybit LDOUSDT | −0.092% | +0.0076% | 8h | $16.5M | $13.1M | 50x | as long as short |
| Extended LDO-USD | −0.070% | +0.0104% | 1h | $261K | $1.0M | 25x | as long as short |
| Bitget LDOUSDT | −0.069% | +0.0100% | 8h | $3.3M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | −0.069% | +0.0100% | 8h | — | $4.9M | — | as long as short |
Show all 28 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate LDO_USDT | −0.046% | +0.0100% | 8h | $1.4M | $1.2M | 50x | as long as short |
| Polymarket Perps LDO-USD | −0.018% | +0.0038% | 1h | $29K | $1.2M | 5x | as long as short |
| Pacifica LDOlong | 0.000% | +0.0100% | 1h | $112K | $188K | 10x | |
| Binance LDOUSDT | 0.000% | +0.0100% | 8h | $17.9M | $39.0M | 75x | as long as short |
| MEXC LDO_USDT | 0.000% | +0.0100% | 8h | $9.5M | $7.7M | 200x | as long as short |
| Paradex LDO-USD-PERP | +0.002% | +0.0099% | 8h | $3K | $56 | 20x | as long as short |
| Kraken Futures PF_LDOUSD | +0.010% | −0.0094% | 1h | $1.2M | $549K | 50x | as long as short |
| Backpack LDO_USDC_PERP | +0.011% | −0.0020% | 1h | $86K | $202K | 10x | as long as short |
| Aevo LDO-PERP | +0.034% | +0.0104% | 1h | $39K | — | 3x | as long as short |
| KuCoin LDOUSDTM | +0.046% | +0.0100% | 8h | $2.5M | $4.1M | 50x | as long as short |
| Aster LDOUSDT | +0.048% | +0.0100% | 8h | $169K | $317K | 10x | as long as short |
| Deribit LDO_USDC-PERPETUAL | +0.069% | −0.0209% | 1h | $3K | $10K | 25x | as long as short |
| dYdX LDO-USD | +0.111% | 0.0000% | 1h | $84K | $17K | 5x | as long as short |
| GMX LDO/USD [ETH-USDC]short | +0.111% | L +0.0302% / S −0.0181% | 1h | $24K | — | 100x | |
| Hyperliquid LDO | +0.113% | +0.0100% | 1h | $12.3M | $3.5M | 5x | as long as short |
| ApeX Omni LDOUSDT | +0.115% | +0.0100% | 1h | $33K | $646K | 50x | as long as short |
| Lighter LDO | +0.248% | +0.0096% | 1h | $885K | $280K | 10x | as long as short |
| SunX LDO-USDT | +2.319% | +0.0100% | 8h | $1K | $1.5M | 20x | as long as short |