Funding you earn now, next payment 01:00 UTC+0.1799%/8h= +197.0% APRnext payment +$2.25 per $10,000 · paid last 24h +0.142%
Price spread now: GMX against Pacifica−0.212%7-day average −0.179% · 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)+0.292%+$29 on $10k
+Price spread, last 3 days (all we have)+0.075%+$7 · spread now −0.212%, 7d avg −0.179%
=Together, before fees+0.367%+ Points / potential airdropPacifica: Active · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.033% cheaper against Pacifica than usual: you would sell low and buy high (spread −0.212% now, against its 7-day average of −0.179%). If the spread goes back, that is −$3 on $10k: about 1 hour of funding at the current rate (+$54 a day). At the pace of the last 3 days (+0.292% in total) that is about 9 hours.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.292% in total (about 33.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.25 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 | Pacifica XMR | 587.29 | 0.0659 | pay 0.0082% / 1h | 16m 11s | $278K | $1.1M | 10x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 586.04 | L +0.0869% / S −0.2458% | get 0.0307% / 1h | 16m 11s | $546K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $377.75
- Price spread: −0.212% → −0.179%
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $354.42
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: Pacifica: 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 Pacifica live order book, 3 min ago | 7.41 bp | 13.9 bp −$14 | 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 | 586.17 | −0.190% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.613% | $3K | $4K | 12x | as long as short |
| dYdX XMR-USD | +0.0075% | 1h | 585.25 | −0.347% | $106K | $50K | 5x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 590.84 | +0.604% | $1.0M | $661K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 587.01 | −0.047% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 586.00 | −0.219% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0184% | 1h | 586.85 | −0.075% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0424% | 8h | 588.00 | +0.121% | $21.3M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0425% | 8h | 587.37 | +0.014% | $53.6M | $167.2M | 75x | as long as short |
| Bitget XMRUSDT | +0.0550% | 8h | 588.47 | +0.201% | $9.7M | $14.5M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0617% | 8h | 586.86 | −0.074% | $652K | $2.5M | 75x | as long as short |
| BloFin XMR-USDT | +0.0618% | 8h | 587.74 | +0.077% | $2.7M | $11.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0648% | 1h | 586.85 | −0.075% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMRlong | +0.0659% | 1h | 587.29 | long leg | $278K | $1.1M | 10x | |
| KuCoin XMRUSDTM | +0.0701% | 8h | 585.46 | −0.311% | $48.0M | $26.1M | 50x | as long as short |
| Gate XMR_USDT | +0.0736% | 8h | 586.70 | −0.100% | $1.6M | $4.6M | 50x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | L +0.0869% / S −0.2458% | 1h | 586.04 | −0.212% | $546K | — | 100x | |
| Variational Omni XMR | +0.0884% | 8h | 587.59 | +0.052% | $6.7M | $2.6M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.0967% | 8h | 591.60 | +0.734% | $350K | $792K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0968% | 1h | 587.54 | +0.043% | $184K | $535K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1040% | 8h | 587.08 | −0.036% | $42K | $739K | 10x | as long as short |
| BingX XMR-USDT | +0.1111% | 8h | 587.84 | +0.094% | — | $5.8M | — | as long as short |
| Polymarket Perps XMR-USD | +0.1115% | 1h | 587.40 | +0.019% | $47K | $1.9M | 5x | as long as short |
| Bybit XMRUSDT | +0.1160% | 8h | 588.18 | +0.152% | $47.3M | $64.8M | 75x | as long as short |
| SoDEX XMR-USD | +0.1207% | 1h | 587.67 | +0.065% | $447K | $3K | 5x | as long as short |
| Lighter XMR | +0.1208% | 1h | 587.38 | +0.015% | $3.3M | $7.2M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1267% | 8h | 586.59 | −0.119% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.1411% | 1h | 587.42 | +0.022% | $1.3M | $466K | 10x | as long as short |
| Hyperliquid XMR | +0.1964% | 1h | 587.67 | +0.066% | $89.2M | $73.0M | 5x | as long as short |
| Extended XMR-USD | +0.2464% | 1h | 587.64 | +0.060% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2647% | 1h | 588.22 | +0.159% | $1K | $46K | 10x | as long as short |
Pacifica XMR
GMX XMR/USD [WBTC.b-USDC]
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Bitget XMRUSDT
Aster XMRUSDT
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
KuCoin XMRUSDTM
Gate XMR_USDT
Variational Omni XMR
GRVT XMR_USDT_Perp
Backpack XMR_USDC_PERP
BingX XMR-USDT
Polymarket Perps XMR-USD
Bybit XMRUSDT
SoDEX XMR-USD
Lighter XMR
Paradex XMR-USD-PERP
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD