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+0.0136%/8h= +14.9% APRnext payment +$0.17 per $10,000 · paid last 24h +0.001%
Price spread now: Lighter against GMX+0.065%7-day average +0.168% · 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)−0.172%−$17 on $10k
Price spread, last 3 days (all we have)+0.079%+$8 · spread now +0.065%, 7d avg +0.168%
Together, before fees−0.093%+ Points / potential airdropLighter: Season 3 · farm board−$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.103% cheaper against GMX than usual: you would sell low and buy high (spread +0.065% now, against its 7-day average of +0.168%). If the spread goes back, that is −$10 on $10k: about 2.5 days of funding at the current rate (+$4 a day). Mind the row above: over the last 3 days funding on this pair cost −0.172%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]588.08L +0.0936% / S −0.1162%pay 0.0117% / 1h22m 27s$655K100x
ShortLighter XMR588.460.1072get 0.0134% / 1h22m 27s$3.3M$7.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$28.52
Price spread: +0.065% → +0.168%
−$10.3
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
$6.21
Costs to cover
0.120%
Break-even
5.5 days
Slippage unknown: GMX: no order-book sample; Lighter: live order book, 6 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 Lighter live order book, 6 min ago1.51 bp10.7 bp −$1122.3 bp −$223163.2 bp −$16.3Kdoesn'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%1h588.31+0.040%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.476%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h590.16+0.355%$1.1M$667K10xas long as short
SunX XMR-USDT+0.0100%8h587.46−0.105%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h587.96−0.020%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h588.57+0.084%$12K3xas long as short
dYdX XMR-USD+0.0456%1h587.40−0.115%$106K$50K5xas long as short
MEXC XMR_USDT+0.0521%8h589.46+0.235%$21.0M$15.3M100xas long as short
Binance XMRUSDT+0.0521%8h589.84+0.300%$53.9M$168.2M75xas long as short
Bitget XMRUSDT+0.0616%8h588.92+0.143%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0697%8h588.47+0.067%$654K$2.5M75xas long as short
Gate XMR_USDT+0.0753%8h588.68+0.102%$1.6M$4.6M50xas long as short
KuCoin XMRUSDTM+0.0782%8h588.77+0.118%$48.2M$26.2M50xas long as short
Pacifica XMR+0.0821%1h588.58+0.085%$273K$1.1M10xas long as short
BingX XMR-USDT+0.0856%8h590.01+0.328%$5.8Mas long as short
Bybit XMRUSDT+0.0873%8h589.80+0.293%$47.6M$65.0M75xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.0936% / S −0.1162%1h588.08long leg$655K100x
Backpack XMR_USDC_PERP+0.1004%1h587.82−0.044%$184K$534K20xas long as short
Variational Omni XMR+0.1021%8h590.91+0.481%$6.7M$2.9Mas long as short
Orderly PERP_XMR_USDC+0.1065%8h589.88+0.306%$42K$736K10xas long as short
Lighter XMRshort+0.1072%1h588.46+0.065%$3.3M$7.2M10x
Polymarket Perps XMR-USD+0.1085%1h589.20+0.191%$35K$2.1M5xas long as short
GRVT XMR_USDT_Perp+0.1110%8h590.89+0.477%$346K$786K10xas long as short
Paradex XMR-USD-PERP+0.1286%8h588.11+0.005%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1301%1h587.29−0.134%$5.6M$20.5M50xas long as short
Nado XMR-PERP+0.1505%1h589.41+0.226%$1.3M$467K10xas long as short
Hyperliquid XMR+0.1824%1h589.30+0.208%$89.1M$73.7M5xas long as short
SoDEX XMR-USD+0.1838%1h588.19+0.019%$447K$3K5xas long as short
Extended XMR-USD+0.2104%1h588.67+0.101%$3.2M$8.2M25xas long as short
Aftermath Perps XMRUSD+0.2776%1h588.44+0.061%$1K$46K10xas long as short