Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.1072%/8h= −117.4% APRnext payment $1.34 per $10,000 · paid last 24h −0.276%
Price spread now: gTrade (Gains Network) against GMX−0.059%59s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and gTrade (Gains Network) is 0.059% cheaper against GMX than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]572.85L +0.1077% / S −0.1372%pay 0.0135% / 1h47m 16s$596K100x
ShortgTrade (Gains Network) XMR/USD572.51L +0.0010% / S −0.0005%get 0.0001% / 1h47m 16s$34K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against GMX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$225.22
Price spread: −0.059% → 0.000%
−$5.94
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$255.16
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; gTrade (Gains Network): 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
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell gTrade (Gains Network) no order-book sample
GMX and gTrade (Gains Network): 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDshortL +0.0010% / S −0.0005%1h572.51−0.059%$34K150x
Injective XMR/USDC PERP+0.0033%1h582.55+1.693%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h574.89+0.356%$1.0M$544K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h572.64−0.037%$30K$1.7M5xas long as short
SunX XMR-USDT+0.0100%8h573.13+0.048%$2K$1.2M20xas long as short
HTX XMR-USDT+0.0100%8h573.95+0.191%$1.1M$1.1M20xas long as short
Bybit XMRUSDT+0.0130%8h573.07+0.038%$46.4M$49.4M75xas long as short
Aevo XMR-PERP+0.0200%1h573.11+0.045%$12K3xas long as short
Gate XMR_USDT+0.0226%8h573.40+0.095%$1.6M$2.6M50xas long as short
Extended XMR-USD+0.0312%1h572.74−0.020%$3.0M$7.5M25xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XMRUSDTM+0.0358%8h573.34+0.085%$45.3M$17.7M50xas long as short
Kraken Futures PF_XMRUSD+0.0372%1h571.96−0.156%$5.4M$9.0M50xas long as short
MEXC XMR_USDT+0.0494%8h573.69+0.146%$20.1M$9.7M100xas long as short
Binance XMRUSDT+0.0494%8h573.64+0.137%$52.4M$105.2M75xas long as short
BingX XMR-USDT+0.0507%8h573.50+0.113%$5.2Mas long as short
Bitget XMRUSDT+0.0537%8h573.42+0.099%$9.5M$10.2M50xas long as short
Pacifica XMR+0.0550%1h573.62+0.133%$271K$751K10xas long as short
Lighter XMR+0.0552%1h572.73−0.023%$3.0M$5.5M10xas long as short
Hyperliquid XMR+0.0604%1h573.58+0.127%$87.0M$58.7M5xas long as short
Aster XMRUSDT+0.0619%8h573.51+0.114%$642K$1.6M75xas long as short
Paradex XMR-USD-PERP+0.0666%8h573.62+0.134%$8K$2K20xas long as short
BloFin XMR-USDT+0.0799%8h572.91+0.010%$2.7M$9.9M75xas long as short
GRVT XMR_USDT_Perp+0.0802%8h574.55+0.296%$344K$623K10xas long as short
Variational Omni XMR+0.0814%8h574.89+0.355%$6.2M$2.3Mas long as short
SoDEX XMR-USD+0.0909%1h573.01+0.027%$435K$4K5xas long as short
Nado XMR-PERP+0.1004%1h573.57+0.125%$1.2M$314K10xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.1077% / S −0.1372%1h572.85long leg$596K100x
Orderly PERP_XMR_USDC+0.1109%8h572.94+0.015%$40K$434K10xas long as short
Backpack XMR_USDC_PERP+0.1260%1h573.64+0.137%$136K$430K20xas long as short
dYdX XMR-USD+0.1342%1h572.79−0.011%$104K$29K5xas long as short
Aftermath Perps XMRUSD+0.2083%1h573.47+0.108%$1K$39K10xas long as short