XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0635%/8h= +69.5% APRnext payment +$0.79 per $10,000 · paid last 24h +0.071%

Price spread now: SoDEX against GMX+0.088%7-day average +0.179% · you sell dearer than you buy

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

Long on GMX Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.112%+$11 on $10k

Price spread, last 3 days (all we have)+0.100%+$10 · spread now +0.088%, 7d avg +0.179%

Together, before fees+0.212%+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. SoDEX is 0.091% cheaper against GMX than usual: you would sell low and buy high (spread +0.088% now, against its 7-day average of +0.179%). If the spread goes back, that is −$9 on $10k: about 11 hours of funding at the current rate (+$19 a day). At the pace of the last 3 days (+0.112% in total) that is about 2.6 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.112% in total (about 12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.79 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]	585.48	L +0.0959% / S −0.1215%	pay 0.0120% / 1h	4m 07s	$653K	—	100x
Short	SoDEX XMR-USD	586.00	0.1594	get 0.0199% / 1h	4m 07s	$445K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.088%Rate

Funding earned: $133.34
Price spread: +0.088% → +0.179%: −$9.11
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $104.23
Costs to cover: 0.200%
Break-even: 1.5 days

Slippage unknown: GMX: no order-book sample; SoDEX: live order book, 64 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 SoDEX live order book, 64 min ago	0.09 bp	12.9 bp −$13	45.4 bp −$454	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 30 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	585.44	−0.008%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.926%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	583.62	−0.318%	$1.0M	$668K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	586.46	+0.167%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	585.99	+0.086%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	586.00	+0.089%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0403%	1h	584.87	−0.104%	$106K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0519%	8h	586.09	+0.103%	$20.8M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0522%	8h	587.20	+0.293%	$53.5M	$168.1M	75x	as long as short
Bitget XMRUSDT	+0.0621%	8h	586.17	+0.117%	$9.6M	$14.2M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0707%	8h	586.24	+0.129%	$652K	$2.5M	75x	as long as short
BingX XMR-USDT	+0.0781%	8h	586.20	+0.122%	—	$5.8M	—	as long as short
KuCoin XMRUSDTM	+0.0785%	8h	585.57	+0.015%	$48.0M	$26.1M	50x	as long as short
Bybit XMRUSDT	+0.0797%	8h	586.00	+0.088%	$47.5M	$65.1M	75x	as long as short
Gate XMR_USDT	+0.0799%	8h	586.09	+0.103%	$1.6M	$4.6M	50x	as long as short
Pacifica XMR	+0.0821%	1h	586.28	+0.136%	$270K	$1.1M	10x	as long as short
Polymarket Perps XMR-USD	+0.0897%	1h	586.64	+0.197%	$32K	$2.1M	5x	as long as short
Backpack XMR_USDC_PERP	+0.0900%	1h	585.61	+0.021%	$173K	$539K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]long	L +0.0959% / S −0.1215%	1h	585.48	long leg	$653K	—	100x
Lighter XMR	+0.0976%	1h	585.96	+0.081%	$3.3M	$7.2M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1031%	8h	584.44	−0.179%	$342K	$795K	10x	as long as short
Variational Omni XMR	+0.1058%	8h	586.20	+0.122%	$6.7M	$2.5M	—	as long as short
Orderly PERP_XMR_USDC	+0.1077%	8h	585.90	+0.071%	$42K	$736K	10x	as long as short
Paradex XMR-USD-PERP	+0.1212%	8h	585.82	+0.057%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1307%	1h	584.96	−0.089%	$5.5M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1410%	1h	587.02	+0.262%	$1.3M	$466K	10x	as long as short
SoDEX XMR-USDshort	+0.1594%	1h	586.00	+0.088%	$445K	$3K	5x
Hyperliquid XMR	+0.1615%	1h	586.32	+0.143%	$88.5M	$73.1M	5x	as long as short
Extended XMR-USD	+0.1800%	1h	585.85	+0.062%	$3.1M	$8.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2733%	1h	585.81	+0.056%	$1K	$46K	10x	as long as short