XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0379%/8h= −41.5% APRnext payment −$0.47 per $10,000 · paid last 24h +0.073%

Price spread now: GMX against SoDEX−0.088%7-day average −0.179% · you buy dearer than you sell

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

Long on SoDEX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)0.000%$0 on $10k

Price spread, last 3 days (all we have)−0.100%−$10 · spread now −0.088%, 7d avg −0.179%

Together, before fees−0.100%−$10 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GMX is 0.091% dearer against SoDEX than usual: you sell high and buy low (spread −0.088% now, against its 7-day average of −0.179%): +$9 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 3 days (0.000% in total) that is about years.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.47 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	SoDEX XMR-USD	586.00	0.1594	pay 0.0199% / 1h	3m 39s	$445K	$3K	5x
Short	GMX XMR/USD [WBTC.b-USDC]	585.48	L +0.0959% / S −0.1215%	get 0.0152% / 1h	3m 39s	$653K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against SoDEX. 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 SoDEXbpFee GMXbpOrdersPrice spread, now −0.088%Rate

Funding earned: −$79.6
Price spread: −0.088% → −0.179%: $9.12
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: −$90.49
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: SoDEX: live order book, 65 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 SoDEX live order book, 65 min ago	0.09 bp	12.6 bp −$13	46.0 bp −$460	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 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	585.44	−0.096%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.836%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	583.62	−0.405%	$1.0M	$668K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	586.46	+0.078%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	585.99	−0.002%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	586.00	+0.001%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0396%	1h	585.60	−0.068%	$106K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0519%	8h	587.13	+0.193%	$20.9M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0525%	8h	586.68	+0.116%	$53.5M	$168.0M	75x	as long as short
Bitget XMRUSDT	+0.0621%	8h	586.69	+0.118%	$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	+0.0714%	8h	586.76	+0.130%	$653K	$2.5M	75x	as long as short
BingX XMR-USDT	+0.0781%	8h	587.24	+0.212%	—	$5.8M	—	as long as short
KuCoin XMRUSDTM	+0.0785%	8h	586.22	+0.038%	$48.1M	$26.1M	50x	as long as short
Bybit XMRUSDT	+0.0789%	8h	586.59	+0.101%	$47.5M	$65.1M	75x	as long as short
Gate XMR_USDT	+0.0799%	8h	586.75	+0.128%	$1.6M	$4.6M	50x	as long as short
Pacifica XMR	+0.0821%	1h	586.72	+0.123%	$270K	$1.1M	10x	as long as short
Polymarket Perps XMR-USD	+0.0897%	1h	586.64	+0.109%	$32K	$2.1M	5x	as long as short
Backpack XMR_USDC_PERP	+0.0900%	1h	585.61	−0.067%	$173K	$539K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.0959% / S −0.1215%	1h	585.48	−0.088%	$653K	—	100x
Lighter XMR	+0.0984%	1h	586.61	+0.105%	$3.3M	$7.2M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1031%	8h	584.44	−0.266%	$342K	$795K	10x	as long as short
Variational Omni XMR	+0.1058%	8h	586.20	+0.034%	$6.7M	$2.5M	—	as long as short
Orderly PERP_XMR_USDC	+0.1077%	8h	585.90	−0.017%	$42K	$736K	10x	as long as short
Paradex XMR-USD-PERP	+0.1212%	8h	585.82	−0.032%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1307%	1h	584.96	−0.177%	$5.5M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1410%	1h	587.02	+0.174%	$1.3M	$466K	10x	as long as short
SoDEX XMR-USDlong	+0.1594%	1h	586.00	long leg	$445K	$3K	5x
Hyperliquid XMR	+0.1613%	1h	587.12	+0.191%	$88.7M	$73.1M	5x	as long as short
Extended XMR-USD	+0.1800%	1h	587.09	+0.187%	$3.1M	$8.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2733%	1h	585.81	−0.032%	$1K	$46K	10x	as long as short