Funding you earn now, next payment 01:00 UTC−0.0134%/8h= −14.7% APRnext payment −$0.17 per $10,000 · paid last 24h −0.058%
Price spread now: GMX against Reya+0.076%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
=The price spread pays, funding is against you. GMX is 0.076% dearer against Reya than usual: you sell high and buy low (spread +0.076% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya LDORUSDPERP | 0.4301 | 0.0336 | pay 0.0042% / 1h | 50m 55s | $300K | — | 15x |
| Short | GMX LDO/USD [ETH-USDC] | 0.4304 | L +0.0319% / S −0.0201% | get 0.0025% / 1h | 50m 55s | $23K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Reya. 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
- −$28.24
- Price spread: +0.076% → 0.000%
- $7.63
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$38.61
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Reya: 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 Reya no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Reya 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 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 | −0.0752% | 1h | 0.4303 | +0.043% | $117K | $53K | 50x | as long as short |
| dYdX LDO-USD | 0.0000% | 1h | 0.4307 | +0.143% | $83K | $17K | 5x | as long as short |
| Deribit LDO_USDC-PERPETUAL | 0.0000% | 1h | 0.4306 | +0.113% | $3K | $10K | 25x | as long as short |
| Injective LDO/USDC PERP | +0.0033% | 1h | 0.4110 | −4.444% | $4K | $14 | 12x | as long as short |
| Paradex LDO-USD-PERP | +0.0100% | 8h | 0.4301 | −0.008% | $3K | $56 | 20x | as long as short |
| Hyperliquid LDO | +0.0100% | 1h | 0.4305 | +0.085% | $12.1M | $4.0M | 5x | as long as short |
| Aster LDOUSDT | +0.0100% | 8h | 0.4305 | +0.096% | $169K | $149K | 10x | as long as short |
| Pacifica LDO | +0.0100% | 1h | 0.4306 | +0.105% | $111K | $178K | 10x | as long as short |
| Binance LDOUSDT | +0.0100% | 8h | 0.4303 | +0.043% | $18.1M | $38.0M | 75x | as long as short |
| Bybit LDOUSDT | +0.0100% | 8h | 0.4301 | −0.003% | $16.3M | $12.5M | 50x | as long as short |
Show all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX LDO-USDT-SWAP | +0.0100% | 8h | 0.4299 | −0.050% | $4.1M | $9.1M | 50x | as long as short |
| Gate LDO_USDT | +0.0100% | 8h | 0.4305 | +0.090% | $1.4M | $1.0M | 50x | as long as short |
| MEXC LDO_USDT | +0.0100% | 8h | 0.4304 | +0.067% | $7.9M | $7.5M | 200x | as long as short |
| KuCoin LDOUSDTM | +0.0100% | 8h | 0.4304 | +0.067% | $2.8M | $4.2M | 50x | as long as short |
| Bitget LDOUSDT | +0.0100% | 8h | 0.4305 | +0.090% | $3.4M | $3.7M | 75x | as long as short |
| BingX LDO-USDT | +0.0100% | 8h | 0.4302 | +0.020% | — | $3.7M | — | as long as short |
| Backpack LDO_USDC_PERP | +0.0100% | 1h | 0.4303 | +0.036% | $86K | $149K | 10x | as long as short |
| Variational Omni LDO | +0.0100% | 8h | 0.4299 | −0.042% | $202K | $82K | — | as long as short |
| GRVT LDO_USDT_Perp | +0.0100% | 8h | 0.4311 | +0.218% | $306K | $3.5M | 10x | as long as short |
| ApeX Omni LDOUSDT | +0.0100% | 1h | 0.4310 | +0.206% | $35K | $646K | 50x | as long as short |
| Polymarket Perps LDO-USD | +0.0100% | 1h | 0.4305 | +0.090% | $23K | $736K | 5x | as long as short |
| SunX LDO-USDT | +0.0100% | 8h | 0.4404 | +2.391% | $2K | $1.5M | 20x | as long as short |
| Extended LDO-USD | +0.0104% | 1h | 0.4299 | −0.042% | $259K | $1.1M | 25x | as long as short |
| Aevo LDO-PERP | +0.0104% | 1h | 0.4304 | +0.076% | $38K | — | 3x | as long as short |
| BloFin LDO-USDT | +0.0121% | 8h | 0.4305 | +0.090% | $787K | $222K | 75x | as long as short |
| Kraken Futures PF_LDOUSD | +0.0197% | 1h | 0.4307 | +0.138% | $1.1M | $524K | 50x | as long as short |
| GMX LDO/USD [ETH-USDC]short | L +0.0319% / S −0.0201% | 1h | 0.4304 | +0.076% | $23K | — | 100x | |
| Reya LDORUSDPERPlong | +0.0336% | 1h | 0.4301 | long leg | $300K | — | 15x | |
| Lighter LDO | +0.0464% | 1h | 0.4314 | +0.294% | $876K | $267K | 10x | as long as short |
GMX LDO/USD [ETH-USDC]
Coinbase International LDO-PERP-INTX
Deribit LDO_USDC-PERPETUAL
Injective LDO/USDC PERP
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
BloFin LDO-USDT
Kraken Futures PF_LDOUSD
Lighter LDO