XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0124%/8h= −13.6% APRnext payment −$0.16 per $10,000 · paid last 24h +0.046%

Price spread now: GMX against Hyperliquid−0.403%7-day average −0.166% · you buy dearer than you sell

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

Long on Hyperliquid Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.191%+$19 on $10k

Price spread, last 3 days (all we have)+0.312%+$31 · spread now −0.403%, 7d avg −0.166%

Together, before fees+0.502%+ Points / potential airdropHyperliquid: Season 2 · farm board+$50 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GMX is 0.237% cheaper against Hyperliquid than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.166%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.191%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid XMR	595.43	0.1535	pay 0.0192% / 1h	39m 40s	$86.6M	$65.3M	5x
Short	GMX XMR/USD [WBTC.b-USDC]	593.03	L +0.0841% / S −0.1411%	get 0.0176% / 1h	39m 40s	$353K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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 HyperliquidbpFee GMXbpOrdersPrice spread, now −0.403%Rate

Funding earned: −$26.08
Price spread: −0.403% → −0.166%: −$23.73
Slippage, 4 orders: no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee GMX: 6 bp × 2 orders: −$12
Net: −$70.81
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Hyperliquid: live order book, 4 min ago; GMX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Hyperliquid live order book, 4 min ago	2.10 bp	9.4 bp −$9	doesn't fit	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

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 −0.0009%	1h	593.36	−0.348%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.595%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	592.97	−0.413%	$47.4M	$60.7M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	593.91	−0.255%	$202K	$563K	20x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.02	−0.740%	$1.0M	$674K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	593.06	−0.398%	$2K	$1.9M	20x	as long as short
Polymarket Perps XMR-USD	+0.0143%	1h	593.96	−0.247%	$24K	$1.8M	5x	as long as short
dYdX XMR-USD	+0.0168%	1h	592.66	−0.465%	$108K	$50K	5x	as long as short
Lighter XMR	+0.0168%	1h	594.24	−0.201%	$3.5M	$6.7M	10x	as long as short
Aevo XMR-PERP	+0.0176%	1h	594.28	−0.194%	$12K	—	3x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XMR-USD	+0.0176%	1h	594.31	−0.188%	$452K	$4K	5x	as long as short
Variational Omni XMR	+0.0300%	8h	593.60	−0.307%	$6.9M	$2.8M	—	as long as short
Gate XMR_USDT	+0.0360%	8h	592.53	−0.487%	$1.6M	$4.5M	50x	as long as short
MEXC XMR_USDT	+0.0369%	8h	593.00	−0.408%	$22.6M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0369%	8h	593.59	−0.309%	$54.4M	$161.7M	75x	as long as short
BingX XMR-USDT	+0.0376%	8h	592.72	−0.455%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0392%	8h	593.06	−0.398%	$9.9M	$14.0M	50x	as long as short
BloFin XMR-USDT	+0.0521%	8h	593.54	−0.317%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0554%	8h	594.47	−0.161%	$670K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0613%	1h	593.68	−0.295%	$5.6M	$20.3M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0617%	8h	590.89	−0.763%	$344K	$796K	10x	as long as short
Pacifica XMR	+0.0619%	1h	593.79	−0.276%	$268K	$1.0M	10x	as long as short
KuCoin XMRUSDTM	+0.0626%	8h	594.31	−0.188%	$49.4M	$25.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0732%	8h	593.59	−0.309%	$8K	$4K	20x	as long as short
Nado XMR-PERP	+0.0792%	1h	593.55	−0.316%	$1.3M	$477K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.0841% / S −0.1411%	1h	593.03	−0.403%	$353K	—	100x
Orderly PERP_XMR_USDC	+0.0868%	8h	594.13	−0.218%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1056%	1h	592.71	−0.457%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMRlong	+0.1535%	1h	595.43	long leg	$86.6M	$65.3M	5x
Aftermath Perps XMRUSD	+0.2290%	1h	592.96	−0.414%	$2K	$47K	10x	as long as short
HTX XMR-USDT	+0.2395%	8h	591.05	−0.736%	$1.1M	$1.4M	20x	as long as short