Funding you earn now, next payment 06:00 UTC+0.1417%/8h= +155.2% APRnext payment +$1.77 per $10,000 · paid last 24h +0.345%
Price spread now: GMX against Injective−1.286%57s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. GMX is 1.286% cheaper against Injective than usual: you would sell low and buy high (spread −1.286% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$129 on $10k: about 3.0 days of funding at the current rate (+$43 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XMR/USDC PERP | 582.55 | 0.0033 | pay 0.0004% / 1h | 20m 29s | $3K | $3K | 12x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 575.06 | L +0.1085% / S −0.1451% | get 0.0181% / 1h | 20m 29s | $595K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Injective. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $297.64
- Price spread: −1.286% → 0.000%
- −$128.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $157.01
- Costs to cover
- 0.120%
- Break-even
- 3.3 days
Slippage unknown: Injective: no order-book sample; 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 Injective no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Injective and 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 −0.0003% | 1h | 575.09 | −1.281% | $38K | — | 150x | as long as short |
| Injective XMR/USDC PERPlong | +0.0033% | 1h | 582.55 | long leg | $3K | $3K | 12x | |
| edgeX XMRUSDC | +0.0100% | 4h | 575.04 | −1.290% | $1.0M | $641K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 575.14 | −1.272% | $2K | $1.8M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 573.07 | −1.627% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 576.21 | −1.088% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0324% | 8h | 575.72 | −1.172% | $45.2M | $26.2M | 50x | as long as short |
| dYdX XMR-USD | +0.0359% | 1h | 574.41 | −1.397% | $104K | $44K | 5x | as long as short |
| Bitget XMRUSDT | +0.0576% | 8h | 576.48 | −1.042% | $9.5M | $13.3M | 50x | as long as short |
| MEXC XMR_USDT | +0.0623% | 8h | 576.50 | −1.039% | $19.8M | $14.6M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0624% | 8h | 576.59 | −1.023% | $52.7M | $160.7M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0652% | 1h | 576.09 | −1.109% | $27K | $2.2M | 5x | as long as short |
| Gate XMR_USDT | +0.0661% | 8h | 575.48 | −1.214% | $1.6M | $4.3M | 50x | as long as short |
| BingX XMR-USDT | +0.0673% | 8h | 576.21 | −1.088% | — | $5.6M | — | as long as short |
| Extended XMR-USD | +0.0688% | 1h | 575.92 | −1.138% | $3.1M | $8.2M | 25x | as long as short |
| Bybit XMRUSDT | +0.0703% | 8h | 575.88 | −1.145% | $46.6M | $64.1M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0745% | 1h | 574.65 | −1.356% | $5.4M | $19.1M | 50x | as long as short |
| Aster XMRUSDT | +0.0781% | 8h | 575.91 | −1.140% | $648K | $2.2M | 75x | as long as short |
| Lighter XMR | +0.0864% | 1h | 575.79 | −1.160% | $3.1M | $7.6M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0885% | 8h | 575.98 | −1.128% | $8K | $4K | 20x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 575.75 | −1.167% | $266K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1016% | 8h | 575.49 | −1.212% | $346K | $727K | 10x | as long as short |
| BloFin XMR-USDT | +0.1027% | 8h | 575.65 | −1.184% | $2.7M | $11.2M | 75x | as long as short |
| Hyperliquid XMR | +0.1061% | 1h | 576.17 | −1.095% | $86.9M | $70.8M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | L +0.1085% / S −0.1451% | 1h | 575.06 | −1.286% | $595K | — | 100x | |
| Variational Omni XMR | +0.1174% | 8h | 575.62 | −1.189% | $6.4M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1191% | 8h | 575.99 | −1.126% | $40K | $677K | 10x | as long as short |
| Nado XMR-PERP | +0.1239% | 1h | 576.38 | −1.059% | $1.3M | $450K | 10x | as long as short |
| SoDEX XMR-USD | +0.1267% | 1h | 575.76 | −1.166% | $438K | $3K | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.1423% | 1h | 575.38 | −1.231% | $169K | $531K | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2040% | 1h | 574.31 | −1.415% | $2K | $42K | 10x | as long as short |
Injective XMR/USDC PERP
GMX XMR/USD [WBTC.b-USDC]
gTrade (Gains Network) XMR/USD
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Polymarket Perps XMR-USD
Gate XMR_USDT
BingX XMR-USDT
Extended XMR-USD
Bybit XMRUSDT
Kraken Futures PF_XMRUSD
Aster XMRUSDT
Lighter XMR
Paradex XMR-USD-PERP
Pacifica XMR
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Hyperliquid XMR
Variational Omni XMR
SoDEX XMR-USD
Backpack XMR_USDC_PERP
Aftermath Perps XMRUSD