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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0157%/8h= +17.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.105%
Price spread now: Hyperliquid against GMX+0.082%7-day average +0.176% · you sell dearer than you buy
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)−0.092%−$9 on $10k
Price spread, last 4 days (all we have)+0.023%+$2 · spread now +0.082%, 7d avg +0.176%
Together, before fees−0.069%+ Points / potential airdropHyperliquid: Season 2 · farm board−$7 on $10k · with fees, hour by hour
Funding pays, the price is against you. Hyperliquid is 0.094% cheaper against GMX than usual: you would sell low and buy high (spread +0.082% now, against its 7-day average of +0.176%). If the spread goes back, that is −$9 on $10k: about 48 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 3 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]572.59L +0.1057% / S −0.1398%pay 0.0132% / 1h34m 36s$592K100x
ShortHyperliquid XMR573.060.1215get 0.0152% / 1h34m 36s$86.4M$70.9M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against GMX. 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
$33.04
Price spread: +0.082% → +0.176%
−$9.4
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$2.64
Costs to cover
0.210%
Break-even
6.4 days
Slippage unknown: GMX: no order-book sample; Hyperliquid: live order book, 9 min ago. 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 GMX no order-book sample
Sell Hyperliquid live order book, 9 min ago0.79 bp10.1 bp −$10doesn't fitdoesn't fitdoesn't fit
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 −0.0003%1h572.70+0.020%$37K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.739%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h571.71−0.154%$1.0M$643K10xas long as short
SunX XMR-USDT+0.0100%8h573.59+0.175%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h573.00+0.072%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0232%1h573.95+0.237%$12K3xas long as short
KuCoin XMRUSDTM+0.0314%8h572.10−0.086%$44.9M$26.2M50xas long as short
dYdX XMR-USD+0.0493%1h571.62−0.170%$104K$44K5xas long as short
Bitget XMRUSDT+0.0575%8h572.53−0.010%$9.4M$13.3M50xas long as short
MEXC XMR_USDT+0.0616%8h572.85+0.045%$19.7M$14.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0616%8h572.59+0.001%$52.4M$161.2M75xas long as short
Gate XMR_USDT+0.0625%8h572.51−0.014%$1.5M$4.3M50xas long as short
BingX XMR-USDT+0.0672%8h572.65+0.011%$5.7Mas long as short
Bybit XMRUSDT+0.0716%8h572.25−0.059%$46.4M$64.3M75xas long as short
Kraken Futures PF_XMRUSD+0.0747%1h573.35+0.133%$5.4M$19.1M50xas long as short
Extended XMR-USD+0.0768%1h572.51−0.015%$3.0M$8.2M25xas long as short
Aster XMRUSDT+0.0769%8h572.81+0.039%$642K$2.2M75xas long as short
Polymarket Perps XMR-USD+0.0779%1h573.46+0.152%$28K$2.2M5xas long as short
Pacifica XMR+0.0912%1h572.74+0.026%$265K$1.0M10xas long as short
Paradex XMR-USD-PERP+0.0936%8h572.70+0.020%$8K$4K20xas long as short
GRVT XMR_USDT_Perp+0.1007%8h571.95−0.113%$330K$728K10xas long as short
BloFin XMR-USDT+0.1013%8h574.03+0.252%$2.7M$11.2M75xas long as short
Lighter XMR+0.1024%1h572.82+0.040%$3.1M$7.5M10xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.1057% / S −0.1398%1h572.59long leg$592K100x
Orderly PERP_XMR_USDC+0.1186%8h574.04+0.253%$40K$713K10xas long as short
Variational Omni XMR+0.1193%8h571.73−0.151%$6.3M$2.3Mas long as short
Hyperliquid XMRshort+0.1215%1h573.06+0.082%$86.4M$70.9M5x
Backpack XMR_USDC_PERP+0.1372%1h573.89+0.227%$169K$532K20xas long as short
Nado XMR-PERP+0.1378%1h572.52−0.012%$1.3M$455K10xas long as short
SoDEX XMR-USD+0.1415%1h574.43+0.321%$437K$3K5xas long as short
Aftermath Perps XMRUSD+0.2105%1h571.51−0.188%$1K$43K10xas long as short