XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0133%/8h= −14.6% APRnext payment −$0.17 per $10,000 · paid last 24h +0.106%

Price spread now: GMX against Kraken Futures+0.170%54s7-day average −0.017% · you sell dearer than you buy

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

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.254%+$25 on $10k

Price spread, last 3 days (all we have)−0.185%−$18 · spread now +0.170%, 7d avg −0.017%

Together, before fees+0.069%+$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GMX is 0.187% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of −0.017%): +$19 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.7 days. Mind the row above: over the last 3 days funding on this pair paid +0.254%, so the current rate has only just turned against you. The two prices were read 54 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	Kraken Futures PF_XMRUSD	588.60	0.1299	pay 0.0162% / 1h	21m 28s	$5.6M	$20.5M	50x
Short	GMX XMR/USD [WBTC.b-USDC]	589.60	L +0.0940% / S −0.1166%	get 0.0146% / 1h	21m 28s	$657K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Kraken Futures. 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 Kraken FuturesbpFee GMXbpOrdersPrice spread, now +0.170%Rate

Funding earned: −$27.92
Price spread: +0.170% → −0.017%: $18.7
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$31.23
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Kraken Futures: live order book, 3 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 Kraken Futures live order book, 3 min ago	7.73 bp	15.3 bp −$15	28.4 bp −$284	108.6 bp −$10.9K	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 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	589.52	+0.158%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.387%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	588.88	+0.048%	$1.1M	$669K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.03	+0.074%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	586.92	−0.285%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	590.34	+0.297%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0444%	1h	588.79	+0.033%	$107K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0521%	8h	590.54	+0.330%	$21.0M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0522%	8h	590.60	+0.341%	$53.9M	$168.3M	75x	as long as short
Bitget XMRUSDT	+0.0615%	8h	590.20	+0.273%	$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	+0.0703%	8h	590.00	+0.239%	$658K	$2.5M	75x	as long as short
Gate XMR_USDT	+0.0763%	8h	590.22	+0.276%	$1.6M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0785%	8h	589.87	+0.217%	$48.3M	$26.2M	50x	as long as short
Pacifica XMR	+0.0821%	1h	590.18	+0.269%	$273K	$1.1M	10x	as long as short
BingX XMR-USDT	+0.0853%	8h	590.90	+0.392%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.0862%	8h	590.68	+0.354%	$47.7M	$65.0M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.0940% / S −0.1166%	1h	589.60	+0.170%	$657K	—	100x
Backpack XMR_USDC_PERP	+0.1003%	1h	589.66	+0.181%	$185K	$534K	20x	as long as short
Variational Omni XMR	+0.1021%	8h	590.91	+0.393%	$6.7M	$2.9M	—	as long as short
Orderly PERP_XMR_USDC	+0.1066%	8h	590.58	+0.337%	$42K	$736K	10x	as long as short
Polymarket Perps XMR-USD	+0.1079%	1h	590.45	+0.315%	$32K	$2.1M	5x	as long as short
Lighter XMR	+0.1080%	1h	589.94	+0.229%	$3.3M	$7.2M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1103%	8h	588.79	+0.032%	$345K	$786K	10x	as long as short
Paradex XMR-USD-PERP	+0.1290%	8h	589.83	+0.209%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSDlong	+0.1299%	1h	588.60	long leg	$5.6M	$20.5M	50x
Nado XMR-PERP	+0.1507%	1h	590.40	+0.307%	$1.3M	$467K	10x	as long as short
Hyperliquid XMR	+0.1813%	1h	590.63	+0.346%	$89.3M	$73.7M	5x	as long as short
SoDEX XMR-USD	+0.1862%	1h	590.20	+0.273%	$449K	$3K	5x	as long as short
Extended XMR-USD	+0.2104%	1h	590.18	+0.269%	$3.2M	$8.3M	25x	as long as short
Aftermath Perps XMRUSD	+0.2777%	1h	588.77	+0.029%	$1K	$46K	10x	as long as short