XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.1463%/8h= +160.2% APRnext payment +$1.83 per $10,000 · paid last 24h +0.106%

Price spread now: GMX against Polymarket Perps−0.296%7-day average −0.180% · you buy dearer than you sell

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

Long on Polymarket Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.065%+$7 on $10k

Price spread, last 3 days (all we have)+0.094%+$9 · spread now −0.296%, 7d avg −0.180%

Together, before fees+0.159%+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.116% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.296% now, against its 7-day average of −0.180%). If the spread goes back, that is −$12 on $10k: about 6 hours of funding at the current rate (+$44 a day). At the pace of the last 3 days (+0.065% in total) that is about 5.6 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.065% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.83 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	Polymarket Perps XMR-USD	592.68	0.0990	pay 0.0124% / 1h	0m 26s	$50K	$1.9M	5x
Short	GMX XMR/USD [WBTC.b-USDC]	590.92	L +0.0870% / S −0.2452%	get 0.0307% / 1h	0m 26s	$550K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Polymarket Perps. 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 Polymarket PerpsbpFee GMXbpOrdersPrice spread, now −0.296%Rate

Funding earned: $307.2
Price spread: −0.296% → −0.180%: −$11.63
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $275.57
Costs to cover: 0.200%
Break-even: 0.7 days

Slippage unknown: Polymarket Perps: 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 Polymarket Perps live order book, 3 min ago	1.61 bp	5.6 bp −$6	9.2 bp −$92	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	590.93	−0.295%	$45K	—	150x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.14	−0.260%	$1.0M	$666K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	590.68	−0.337%	$2K	$2.0M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	591.91	−0.130%	$12K	—	3x	as long as short
Bybit XMRUSDT	+0.0183%	8h	592.71	+0.005%	$48.1M	$64.4M	75x	as long as short
MEXC XMR_USDT	+0.0347%	8h	592.55	−0.022%	$21.7M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0348%	8h	592.44	−0.040%	$54.2M	$166.3M	75x	as long as short
BingX XMR-USDT	+0.0448%	8h	592.58	−0.017%	—	$5.8M	—	as long as short
Lighter XMR	+0.0456%	1h	592.53	−0.026%	$3.3M	$7.2M	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0465%	1h	591.11	−0.265%	$5.6M	$20.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0478%	8h	592.44	−0.040%	$9.7M	$14.6M	50x	as long as short
Gate XMR_USDT	+0.0485%	8h	591.73	−0.160%	$1.7M	$4.6M	50x	as long as short
BloFin XMR-USDT	+0.0502%	8h	592.63	−0.008%	$2.8M	$11.7M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0548%	1h	592.08	−0.101%	$201K	$579K	20x	as long as short
Pacifica XMR	+0.0565%	1h	592.68	0.000%	$276K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0581%	8h	591.88	−0.135%	$48.4M	$26.2M	50x	as long as short
Aster XMRUSDT	+0.0598%	8h	592.29	−0.066%	$635K	$2.5M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0622%	8h	590.44	−0.378%	$346K	$795K	10x	as long as short
Variational Omni XMR	+0.0639%	8h	592.14	−0.092%	$6.7M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.0870% / S −0.2452%	1h	590.92	−0.296%	$550K	—	100x
Orderly PERP_XMR_USDC	+0.0974%	8h	592.36	−0.054%	$42K	$734K	10x	as long as short
Polymarket Perps XMR-USDlong	+0.0990%	1h	592.68	long leg	$50K	$1.9M	5x
Paradex XMR-USD-PERP	+0.0997%	8h	592.68	0.000%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.1187%	1h	592.48	−0.034%	$450K	$3K	5x	as long as short
Nado XMR-PERP	+0.1223%	1h	592.54	−0.023%	$1.3M	$470K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	+0.688%	$3K	$6K	12x	as long as short
dYdX XMR-USD	+0.1492%	1h	590.90	−0.300%	$107K	$50K	5x	as long as short
HTX XMR-USDT	+0.1678%	8h	591.00	−0.283%	$1.1M	$1.5M	20x	as long as short
Hyperliquid XMR	+0.1806%	1h	593.14	+0.078%	$89.5M	$72.4M	5x	as long as short
Extended XMR-USD	+0.2152%	1h	592.53	−0.025%	$3.2M	$7.1M	25x	as long as short
Aftermath Perps XMRUSD	+0.2443%	1h	591.14	−0.260%	$2K	$46K	10x	as long as short