Funding you earn now, next payment 03:00 UTC+0.0636%/8h= +69.6% APRpaid last 24h +0.277%
Price spread now: GMX against Bybit+0.101%7-day average −0.177% · 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)+0.532%+$53 on $10k
+Price spread, last 4 days (all we have)−0.319%−$32 · spread now +0.101%, 7d avg −0.177%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and GMX is 0.278% dearer against Bybit than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.177%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 581.70 | 0.0669 | pay 0.0669% / 8h | 5h 39m | $47.2M | $64.8M | 75x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 582.29 | L +0.0996% / S −0.1304% | get 0.0163% / 1h | 39m 53s | $650K | — | 100x |
Bybit XMRUSDT
GMX XMR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bybit. 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
- $133.47
- Price spread: +0.101% → −0.177%
- $27.77
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $138.24
- Costs to cover
- 0.230%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 4 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 Bybit live order book, 4 min ago | 1.72 bp | 11.3 bp −$11 | 24.5 bp −$245 | 88.5 bp −$8,847 | 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 −0.0010% | 1h | 582.52 | +0.141% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +2.589% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 583.21 | +0.260% | $1.0M | $656K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 582.53 | +0.143% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 582.04 | +0.058% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 583.56 | +0.320% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0386% | 1h | 581.15 | −0.095% | $105K | $50K | 5x | as long as short |
| Polymarket Perps XMR-USD | +0.0514% | 1h | 583.20 | +0.258% | $31K | $2.1M | 5x | as long as short |
| Binance XMRUSDT | +0.0517% | 8h | 581.83 | +0.023% | $53.0M | $166.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0518% | 8h | 582.74 | +0.179% | $21.1M | $15.2M | 100x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
dYdX XMR-USD
Polymarket Perps XMR-USD
Binance XMRUSDT
MEXC XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XMR | +0.0568% | 1h | 581.61 | −0.015% | $3.3M | $7.1M | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0614% | 1h | 583.60 | +0.327% | $171K | $539K | 20x | as long as short |
| Bitget XMRUSDT | +0.0615% | 8h | 581.60 | −0.017% | $9.5M | $14.1M | 50x | as long as short |
| Gate XMR_USDT | +0.0629% | 8h | 582.33 | +0.108% | $1.6M | $4.5M | 50x | as long as short |
| BingX XMR-USDT | +0.0639% | 8h | 581.76 | +0.010% | — | $5.7M | — | as long as short |
| Bybit XMRUSDTlong | +0.0669% | 8h | 581.70 | long leg | $47.2M | $64.8M | 75x | |
| Aster XMRUSDT | +0.0707% | 8h | 582.59 | +0.152% | $649K | $2.4M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0782% | 8h | 583.63 | +0.332% | $47.9M | $26.1M | 50x | as long as short |
| BloFin XMR-USDT | +0.0789% | 8h | 582.65 | +0.163% | $2.8M | $11.4M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0957% | 1h | 582.48 | +0.134% | $5.5M | $19.7M | 50x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 582.52 | +0.140% | $263K | $1.1M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | L +0.0996% / S −0.1304% | 1h | 582.29 | +0.101% | $650K | — | 100x | |
| GRVT XMR_USDT_Perp | +0.0998% | 8h | 583.48 | +0.306% | $345K | $766K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1001% | 8h | 582.55 | +0.146% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.1042% | 1h | 583.65 | +0.335% | $1.3M | $463K | 10x | as long as short |
| Variational Omni XMR | +0.1074% | 8h | 582.21 | +0.088% | $6.6M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1094% | 8h | 583.36 | +0.285% | $42K | $736K | 10x | as long as short |
| Hyperliquid XMR | +0.1185% | 1h | 581.79 | +0.016% | $87.5M | $71.5M | 5x | as long as short |
| SoDEX XMR-USD | +0.1362% | 1h | 583.48 | +0.306% | $443K | $3K | 5x | as long as short |
| Extended XMR-USD | +0.1400% | 1h | 583.78 | +0.357% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2589% | 1h | 582.94 | +0.213% | $2K | $46K | 10x | as long as short |
Lighter XMR
Backpack XMR_USDC_PERP
Bitget XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
Pacifica XMR
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
Nado XMR-PERP
Variational Omni XMR
Orderly PERP_XMR_USDC
Hyperliquid XMR
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD