XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1292%/8h= +141.5% APRnext payment +$1.62 per $10,000 · paid last 24h +0.097%

Price spread now: GMX against Lighter−0.258%7-day average −0.167% · you buy dearer than you sell

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

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.240%+$24 on $10k

Price spread, last 3 days (all we have)+0.161%+$16 · spread now −0.258%, 7d avg −0.167%

Together, before fees+0.401%+ Points / potential airdropLighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.090% cheaper against Lighter than usual: you would sell low and buy high (spread −0.258% now, against its 7-day average of −0.167%). If the spread goes back, that is −$9 on $10k: about 6 hours of funding at the current rate (+$39 a day). At the pace of the last 3 days (+0.240% in total) that is about 29 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.240% in total (about 27.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.62 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	Lighter XMR	592.78	0.1160	pay 0.0145% / 1h	57m 10s	$3.3M	$7.1M	10x
Short	GMX XMR/USD [WBTC.b-USDC]	591.25	L +0.0871% / S −0.2452%	get 0.0307% / 1h	57m 10s	$550K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now −0.258%Rate

Funding earned: $271.4
Price spread: −0.258% → −0.167%: −$9.05
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $250.35
Costs to cover: 0.120%
Break-even: 0.5 days

Slippage unknown: Lighter: live order book, 11 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 Lighter live order book, 11 min ago	4.07 bp	4.6 bp −$5	11.0 bp −$110	121.6 bp −$12.2K	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
dYdX XMR-USD	0.0000%	1h	590.90	−0.317%	$107K	$50K	5x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	591.50	−0.215%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.672%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.57	−0.035%	$1.1M	$657K	10x	as long as short
HTX XMR-USDT	+0.0100%	8h	592.00	−0.131%	$1.1M	$1.5M	20x	as long as short
SunX XMR-USDT	+0.0111%	8h	592.20	−0.098%	$2K	$2.0M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	592.76	−0.003%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0361%	8h	592.95	+0.029%	$21.7M	$15.1M	100x	as long as short
Binance XMRUSDT	+0.0362%	8h	592.87	+0.015%	$54.3M	$166.3M	75x	as long as short
Bitget XMRUSDT	+0.0482%	8h	592.73	−0.008%	$9.7M	$14.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0521%	8h	592.85	+0.012%	$2.8M	$11.7M	75x	as long as short
KuCoin XMRUSDTM	+0.0598%	8h	592.09	−0.116%	$48.4M	$26.2M	50x	as long as short
Aster XMRUSDT	+0.0606%	8h	592.61	−0.029%	$640K	$2.5M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0638%	8h	592.56	−0.036%	$348K	$795K	10x	as long as short
Variational Omni XMR	+0.0639%	8h	592.14	−0.109%	$6.7M	$2.6M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0643%	1h	591.65	−0.190%	$5.6M	$20.6M	50x	as long as short
Pacifica XMR	+0.0659%	1h	592.83	+0.009%	$276K	$1.1M	10x	as long as short
BingX XMR-USDT	+0.0690%	8h	593.07	+0.049%	—	$5.8M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.0871% / S −0.2452%	1h	591.25	−0.258%	$550K	—	100x
Orderly PERP_XMR_USDC	+0.0982%	8h	592.69	−0.015%	$42K	$734K	10x	as long as short
Paradex XMR-USD-PERP	+0.0985%	8h	592.76	−0.003%	$8K	$4K	20x	as long as short
Lighter XMRlong	+0.1160%	1h	592.78	long leg	$3.3M	$7.1M	10x
Backpack XMR_USDC_PERP	+0.1168%	1h	592.30	−0.081%	$201K	$576K	20x	as long as short
Nado XMR-PERP	+0.1332%	1h	592.94	+0.027%	$1.3M	$470K	10x	as long as short
SoDEX XMR-USD	+0.1528%	1h	592.93	+0.025%	$451K	$3K	5x	as long as short
Polymarket Perps XMR-USD	+0.1541%	1h	592.86	+0.014%	$49K	$1.9M	5x	as long as short
Bybit XMRUSDT	+0.1647%	8h	593.17	+0.066%	$48.1M	$64.5M	75x	as long as short
Gate XMR_USDT	+0.1755%	8h	592.34	−0.074%	$1.7M	$4.6M	50x	as long as short
Extended XMR-USD	+0.2224%	1h	592.88	+0.017%	$3.2M	$7.1M	25x	as long as short
Hyperliquid XMR	+0.2449%	1h	593.46	+0.115%	$89.6M	$72.4M	5x	as long as short
Aftermath Perps XMRUSD	+0.2450%	1h	591.73	−0.177%	$2K	$46K	10x	as long as short