XMR

Funding pays, the price is against you. GMX is 0.326% cheaper against dYdX than usual: you would sell low and buy high (spread −0.328% now, against its 7-day average of −0.002%). If the spread goes back, that is −$33 on $10k: about 37 hours of funding at the current rate (+$21 a day). Mind the row above: over the last 3 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.092% in total (about -10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.