Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XMR587.290.0659pay 0.0082% / 1h16m 11s$278K$1.1M10x
ShortGMX XMR/USD [WBTC.b-USDC]586.04L +0.0869% / S −0.2458%get 0.0307% / 1h16m 11s$546K100x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 3 min ago7.41 bp13.9 bp −$14doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h586.17−0.190%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.613%$3K$4K12xas long as short
dYdX XMR-USD+0.0075%1h585.25−0.347%$106K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h590.84+0.604%$1.0M$661K10xas long as short
SunX XMR-USDT+0.0100%8h587.01−0.047%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h586.00−0.219%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0184%1h586.85−0.075%$12K3xas long as short
MEXC XMR_USDT+0.0424%8h588.00+0.121%$21.3M$15.3M100xas long as short
Binance XMRUSDT+0.0425%8h587.37+0.014%$53.6M$167.2M75xas long as short
Bitget XMRUSDT+0.0550%8h588.47+0.201%$9.7M$14.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0617%8h586.86−0.074%$652K$2.5M75xas long as short
BloFin XMR-USDT+0.0618%8h587.74+0.077%$2.7M$11.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0648%1h586.85−0.075%$5.6M$20.5M50xas long as short
Pacifica XMRlong+0.0659%1h587.29long leg$278K$1.1M10x
KuCoin XMRUSDTM+0.0701%8h585.46−0.311%$48.0M$26.1M50xas long as short
Gate XMR_USDT+0.0736%8h586.70−0.100%$1.6M$4.6M50xas long as short
GMX XMR/USD [WBTC.b-USDC]shortL +0.0869% / S −0.2458%1h586.04−0.212%$546K100x
Variational Omni XMR+0.0884%8h587.59+0.052%$6.7M$2.6Mas long as short
GRVT XMR_USDT_Perp+0.0967%8h591.60+0.734%$350K$792K10xas long as short
Backpack XMR_USDC_PERP+0.0968%1h587.54+0.043%$184K$535K20xas long as short
Orderly PERP_XMR_USDC+0.1040%8h587.08−0.036%$42K$739K10xas long as short
BingX XMR-USDT+0.1111%8h587.84+0.094%$5.8Mas long as short
Polymarket Perps XMR-USD+0.1115%1h587.40+0.019%$47K$1.9M5xas long as short
Bybit XMRUSDT+0.1160%8h588.18+0.152%$47.3M$64.8M75xas long as short
SoDEX XMR-USD+0.1207%1h587.67+0.065%$447K$3K5xas long as short
Lighter XMR+0.1208%1h587.38+0.015%$3.3M$7.2M10xas long as short
Paradex XMR-USD-PERP+0.1267%8h586.59−0.119%$8K$4K20xas long as short
Nado XMR-PERP+0.1411%1h587.42+0.022%$1.3M$466K10xas long as short
Hyperliquid XMR+0.1964%1h587.67+0.066%$89.2M$73.0M5xas long as short
Extended XMR-USD+0.2464%1h587.64+0.060%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2647%1h588.22+0.159%$1K$46K10xas long as short