XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0717%/8h= +78.6% APRnext payment +$0.90 per $10,000 · paid last 24h −0.045%

Price spread now: GMX against dYdX−0.156%7-day average −0.006% · you buy dearer than you sell

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

Long on dYdX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.072%−$7 on $10k

Price spread, last 4 days (all we have)+0.343%+$34 · spread now −0.156%, 7d avg −0.006%

Together, before fees+0.272%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.150% cheaper against dYdX than usual: you would sell low and buy high (spread −0.156% now, against its 7-day average of −0.006%). If the spread goes back, that is −$15 on $10k: about 17 hours of funding at the current rate (+$22 a day). Mind the row above: over the last 3 days funding on this pair cost −0.072%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.072% in total (about -7.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.90 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	dYdX XMR-USD	574.78	0.0535	pay 0.0067% / 1h	38m 01s	$104K	$44K	5x
Short	GMX XMR/USD [WBTC.b-USDC]	573.88	L +0.0990% / S −0.1253%	get 0.0157% / 1h	38m 01s	$591K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against dYdX. 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 dYdXbpFee GMXbpOrdersPrice spread, now −0.156%Rate

Funding earned: $150.65
Price spread: −0.156% → −0.006%: −$15.02
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $113.63
Costs to cover: 0.220%
Break-even: 1.7 days

Slippage unknown: dYdX: live order book, 21 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 dYdX live order book, 21 min ago	134.90 bp	143.0 bp −$143	143.3 bp −$1,433	311.7 bp −$31.2K	1443.0 bp −$721.5K
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
Injective XMR/USDC PERP	−0.0136%	1h	582.55	+1.352%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0010%	1h	574.16	−0.109%	$45K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	574.26	−0.090%	$3.3M	$7.4M	10x	as long as short
edgeX XMRUSDC	+0.0100%	4h	576.73	+0.339%	$1.0M	$653K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	574.31	−0.082%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.00	+0.038%	$1.1M	$1.6M	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0149%	1h	573.68	−0.192%	$5.4M	$19.5M	50x	as long as short
Polymarket Perps XMR-USD	+0.0153%	1h	575.44	+0.115%	$19K	$2.2M	5x	as long as short
Aevo XMR-PERP	+0.0200%	1h	575.24	+0.081%	$12K	—	3x	as long as short
Gate XMR_USDT	+0.0388%	8h	574.68	−0.018%	$1.5M	$4.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0409%	8h	574.79	+0.002%	$46.7M	$64.0M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0442%	1h	574.34	−0.077%	$168K	$534K	20x	as long as short
Binance XMRUSDT	+0.0480%	8h	574.93	+0.027%	$52.5M	$164.7M	75x	as long as short
MEXC XMR_USDT	+0.0482%	8h	574.77	−0.002%	$20.2M	$15.0M	100x	as long as short
BingX XMR-USDT	+0.0534%	8h	574.94	+0.028%	—	$5.7M	—	as long as short
dYdX XMR-USDlong	+0.0535%	1h	574.78	long leg	$104K	$44K	5x
Bitget XMRUSDT	+0.0547%	8h	574.98	+0.035%	$9.4M	$14.0M	50x	as long as short
KuCoin XMRUSDTM	+0.0565%	8h	574.18	−0.105%	$45.0M	$26.5M	50x	as long as short
Pacifica XMR	+0.0626%	1h	575.80	+0.177%	$266K	$1.1M	10x	as long as short
Extended XMR-USD	+0.0672%	1h	574.66	−0.021%	$3.1M	$8.4M	25x	as long as short
Aster XMRUSDT	+0.0683%	8h	575.00	+0.038%	$641K	$2.4M	75x	as long as short
Hyperliquid XMR	+0.0691%	1h	574.71	−0.012%	$86.4M	$70.9M	5x	as long as short
Nado XMR-PERP	+0.0698%	1h	575.33	+0.095%	$1.3M	$465K	10x	as long as short
BloFin XMR-USDT	+0.0743%	8h	576.03	+0.217%	$2.7M	$11.2M	75x	as long as short
Paradex XMR-USD-PERP	+0.0767%	8h	576.03	+0.218%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.0831%	1h	574.94	+0.028%	$437K	$3K	5x	as long as short
GRVT XMR_USDT_Perp	+0.0848%	8h	577.61	+0.493%	$346K	$742K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.0990% / S −0.1253%	1h	573.88	−0.156%	$591K	—	100x
Variational Omni XMR	+0.1031%	8h	576.29	+0.262%	$6.6M	$2.2M	—	as long as short
Orderly PERP_XMR_USDC	+0.1114%	8h	574.94	+0.028%	$40K	$720K	10x	as long as short
Aftermath Perps XMRUSD	+0.2192%	1h	576.19	+0.245%	$1K	$44K	10x	as long as short