XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0511%/8h= −56.0% APRnext payment −$0.64 per $10,000 · paid last 24h +0.010%

Price spread now: Polymarket Perps against GMX+0.070%7-day average +0.182% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.008%+$1 on $10k

Price spread, last 4 days (all we have)+0.064%+$6 · spread now +0.070%, 7d avg +0.182%

Together, before fees+0.072%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Polymarket Perps is 0.112% cheaper against GMX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.182%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.008% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XMR/USD [WBTC.b-USDC]	581.24	L +0.0996% / S −0.1304%	pay 0.0124% / 1h	38m 22s	$648K	—	100x
Short	Polymarket Perps XMR-USD	581.65	0.0484	get 0.0061% / 1h	38m 22s	$31K	$2.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Position, each leg$Hold fordaysFee GMXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.070%Rate

Funding earned: −$107.4
Price spread: +0.070% → +0.182%: −$11.2
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$138.6
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 5 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 5 min ago	2.74 bp	6.9 bp −$7	7.5 bp −$75	doesn't fit	doesn'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 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	581.25	+0.001%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+0.225%	$3K	$6K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	582.20	+0.164%	$1.0M	$657K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	580.51	−0.126%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	581.00	−0.042%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	582.13	+0.152%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0388%	1h	580.35	−0.153%	$105K	$50K	5x	as long as short
Polymarket Perps XMR-USDshort	+0.0484%	1h	581.65	+0.070%	$31K	$2.1M	5x
MEXC XMR_USDT	+0.0520%	8h	582.26	+0.175%	$20.6M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0520%	8h	582.20	+0.164%	$53.0M	$166.9M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0552%	1h	581.36	+0.019%	$3.3M	$7.1M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0597%	1h	580.55	−0.120%	$170K	$539K	20x	as long as short
Gate XMR_USDT	+0.0609%	8h	581.56	+0.054%	$1.6M	$4.5M	50x	as long as short
Bitget XMRUSDT	+0.0614%	8h	582.36	+0.192%	$9.5M	$14.2M	50x	as long as short
BingX XMR-USDT	+0.0639%	8h	582.34	+0.188%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0648%	8h	582.47	+0.211%	$47.3M	$64.8M	75x	as long as short
Aster XMRUSDT	+0.0713%	8h	581.27	+0.005%	$648K	$2.4M	75x	as long as short
KuCoin XMRUSDTM	+0.0775%	8h	581.32	+0.013%	$47.8M	$26.1M	50x	as long as short
BloFin XMR-USDT	+0.0793%	8h	581.42	+0.030%	$2.7M	$11.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0962%	1h	579.74	−0.259%	$5.5M	$20.0M	50x	as long as short
Paradex XMR-USD-PERP	+0.0988%	8h	581.30	+0.009%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]long	L +0.0996% / S −0.1304%	1h	581.24	long leg	$648K	—	100x
Pacifica XMR	+0.0996%	1h	581.45	+0.035%	$264K	$1.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0998%	8h	583.48	+0.385%	$345K	$766K	10x	as long as short
Nado XMR-PERP	+0.1013%	1h	582.31	+0.183%	$1.3M	$464K	10x	as long as short
Variational Omni XMR	+0.1074%	8h	582.21	+0.166%	$6.6M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1095%	8h	582.11	+0.149%	$42K	$736K	10x	as long as short
Hyperliquid XMR	+0.1159%	1h	581.65	+0.070%	$87.5M	$71.5M	5x	as long as short
SoDEX XMR-USD	+0.1312%	1h	581.29	+0.008%	$442K	$3K	5x	as long as short
Extended XMR-USD	+0.1352%	1h	582.21	+0.166%	$3.1M	$8.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2585%	1h	581.95	+0.122%	$2K	$46K	10x	as long as short