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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0821%/8h= +89.9% APRnext payment +$1.03 per $10,000 · paid last 24h +0.081%
Price spread now: Hyperliquid against GMX+0.188%7-day average +0.172% · you sell dearer than you buy
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 3 days (all we have)−0.101%−$10 on $10k
Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.188%, 7d avg +0.172%
Together, before fees−0.131%+ Points / potential airdropHyperliquid: Season 2 · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.172%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.101%, 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 -0.101% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.03 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]584.61L +0.0918% / S −0.1123%pay 0.0115% / 1h31m 40s$652K100x
ShortHyperliquid XMR585.710.1739get 0.0217% / 1h31m 40s$88.5M$73.6M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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
$172.46
Price spread: +0.188% → +0.172%
$1.62
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$153.08
Costs to cover
0.210%
Break-even
0.8 days
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 12 min ago. 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 Hyperliquid live order book, 12 min ago1.03 bp7.9 bp −$8doesn't fitdoesn't fitdoesn't fit
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 30 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/USDL +0.0010% / S −0.0010%1h584.65+0.007%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+2.078%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h582.75−0.317%$1.0M$669K10xas long as short
SunX XMR-USDT+0.0100%8h584.49−0.020%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h584.00−0.104%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0200%1h585.40+0.134%$12K3xas long as short
MEXC XMR_USDT+0.0477%8h585.77+0.198%$20.9M$15.3M100xas long as short
Binance XMRUSDT+0.0485%8h585.91+0.222%$53.6M$168.4M75xas long as short
Gate XMR_USDT+0.0503%8h584.89+0.048%$1.6M$4.6M50xas long as short
dYdX XMR-USD+0.0557%1h584.55−0.010%$106K$50K5xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0593%8h585.46+0.145%$9.6M$14.5M50xas long as short
Aster XMRUSDT+0.0654%8h585.20+0.101%$649K$2.5M75xas long as short
KuCoin XMRUSDTM+0.0763%8h584.99+0.065%$47.9M$26.2M50xas long as short
Pacifica XMR+0.0821%1h585.77+0.199%$271K$1.1M10xas long as short
Backpack XMR_USDC_PERP+0.0828%1h585.40+0.135%$183K$534K20xas long as short
BingX XMR-USDT+0.0896%8h585.84+0.210%$5.8Mas long as short
Bybit XMRUSDT+0.0900%8h585.80+0.204%$47.3M$65.1M75xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.0918% / S −0.1123%1h584.61long leg$652K100x
GRVT XMR_USDT_Perp+0.0979%8h584.15−0.079%$340K$792K10xas long as short
Lighter XMR+0.0992%1h585.48+0.149%$3.3M$7.2M10xas long as short
Variational Omni XMR+0.0997%8h582.24−0.405%$6.6M$2.9Mas long as short
Polymarket Perps XMR-USD+0.1032%1h585.51+0.154%$48K$2.0M5xas long as short
Orderly PERP_XMR_USDC+0.1049%8h585.32+0.121%$42K$735K10xas long as short
Paradex XMR-USD-PERP+0.1201%8h584.99+0.065%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1308%1h584.51−0.018%$5.6M$20.4M50xas long as short
Nado XMR-PERP+0.1367%1h586.00+0.238%$1.3M$466K10xas long as short
SoDEX XMR-USD+0.1696%1h585.55+0.161%$445K$3K5xas long as short
Hyperliquid XMRshort+0.1739%1h585.71+0.188%$88.5M$73.6M5x
Extended XMR-USD+0.1984%1h585.65+0.178%$3.2M$8.2M25xas long as short
Aftermath Perps XMRUSD+0.2758%1h583.03−0.270%$1K$46K10xas long as short