Funding you earn now, next payment 22:00 UTC+0.1020%/8h= +111.7% APRpaid last 24h +0.100%
Price spread now: GMX against Bitget−0.183%7-day average −0.191% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.332%+$33 on $10k
+Price spread, last 3 days (all we have)−0.037%−$4 · spread now −0.183%, 7d avg −0.191%
=The price spread sits at its 7-day average of −0.191%, so right now this pair is about funding alone: +$31 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XMRUSDT | 595.35 | 0.0391 | pay 0.0391% / 8h | 2h 37m | $9.9M | $14.0M | 50x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 594.26 | L +0.0841% / S −0.1411% | get 0.0176% / 1h | 37m 03s | $353K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. 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
- $214.13
- Price spread: −0.183% → −0.191%
- $0.79
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $190.91
- Costs to cover
- 0.240%
- Break-even
- 0.8 days
Slippage unknown: Bitget: 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 Bitget live order book, 2 min ago | 3.95 bp | 19.6 bp −$20 | 29.7 bp −$297 | 86.0 bp −$8,599 | 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.
XMR on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0009% | 1h | 594.58 | −0.129% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.581% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 594.92 | −0.072% | $47.6M | $60.8M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 593.32 | −0.341% | $1.1M | $672K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 594.64 | −0.119% | $2K | $1.9M | 20x | as long as short |
| Backpack XMR_USDC_PERP | +0.0122% | 1h | 594.84 | −0.086% | $203K | $569K | 20x | as long as short |
| Aevo XMR-PERP | +0.0176% | 1h | 595.00 | −0.059% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0190% | 1h | 595.28 | −0.012% | $24K | $1.8M | 5x | as long as short |
| Lighter XMR | +0.0216% | 1h | 595.12 | −0.039% | $3.5M | $6.7M | 10x | as long as short |
| dYdX XMR-USD | +0.0266% | 1h | 594.39 | −0.161% | $108K | $50K | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XMR-USD | +0.0274% | 1h | 595.28 | −0.012% | $452K | $4K | 5x | as long as short |
| Variational Omni XMR | +0.0300% | 8h | 593.60 | −0.293% | $6.9M | $2.8M | — | as long as short |
| MEXC XMR_USDT | +0.0367% | 8h | 595.40 | +0.008% | $22.7M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0368% | 8h | 595.45 | +0.017% | $54.5M | $161.8M | 75x | as long as short |
| BingX XMR-USDT | +0.0372% | 8h | 595.47 | +0.020% | — | $5.8M | — | as long as short |
| Gate XMR_USDT | +0.0376% | 8h | 595.19 | −0.027% | $1.6M | $4.5M | 50x | as long as short |
| Bitget XMRUSDTlong | +0.0391% | 8h | 595.35 | long leg | $9.9M | $14.0M | 50x | |
| BloFin XMR-USDT | +0.0517% | 8h | 595.58 | +0.039% | $2.8M | $11.3M | 75x | as long as short |
| Aster XMRUSDT | +0.0551% | 8h | 594.87 | −0.081% | $671K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0612% | 1h | 594.30 | −0.177% | $5.6M | $20.3M | 50x | as long as short |
| Pacifica XMR | +0.0619% | 1h | 595.25 | −0.016% | $269K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0624% | 8h | 593.34 | −0.337% | $346K | $796K | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0627% | 8h | 595.08 | −0.045% | $49.5M | $25.4M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0738% | 8h | 595.25 | −0.016% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.0817% | 1h | 595.11 | −0.040% | $1.3M | $477K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | L +0.0841% / S −0.1411% | 1h | 594.26 | −0.183% | $353K | — | 100x | |
| Orderly PERP_XMR_USDC | +0.0871% | 8h | 595.12 | −0.039% | $48K | $729K | 10x | as long as short |
| Extended XMR-USD | +0.1104% | 1h | 595.06 | −0.049% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1572% | 1h | 596.28 | +0.156% | $86.8M | $65.4M | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2332% | 1h | 593.63 | −0.289% | $2K | $47K | 10x | as long as short |
| HTX XMR-USDT | +0.2401% | 8h | 592.45 | −0.487% | $1.1M | $1.4M | 20x | as long as short |
Bitget XMRUSDT
GMX XMR/USD [WBTC.b-USDC]
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Backpack XMR_USDC_PERP
Polymarket Perps XMR-USD
Lighter XMR
SoDEX XMR-USD
Variational Omni XMR
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Gate XMR_USDT
BloFin XMR-USDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
GRVT XMR_USDT_Perp
KuCoin XMRUSDTM
Paradex XMR-USD-PERP
Extended XMR-USD
Hyperliquid XMR
Aftermath Perps XMRUSD
HTX XMR-USDT