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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XMR/USD [WBTC.b-USDC] | 572.59 | L +0.1057% / S −0.1398% | pay 0.0132% / 1h | 34m 36s | $592K | — | 100x |
| Short | Hyperliquid XMR | 573.06 | 0.1215 | get 0.0152% / 1h | 34m 36s | $86.4M | $70.9M | 5x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy GMX no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 9 min ago | 0.79 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0003% | 1h | 572.70 | +0.020% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.739% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 571.71 | −0.154% | $1.0M | $643K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 573.59 | +0.175% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 573.00 | +0.072% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0232% | 1h | 573.95 | +0.237% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0314% | 8h | 572.10 | −0.086% | $44.9M | $26.2M | 50x | as long as short |
| dYdX XMR-USD | +0.0493% | 1h | 571.62 | −0.170% | $104K | $44K | 5x | as long as short |
| Bitget XMRUSDT | +0.0575% | 8h | 572.53 | −0.010% | $9.4M | $13.3M | 50x | as long as short |
| MEXC XMR_USDT | +0.0616% | 8h | 572.85 | +0.045% | $19.7M | $14.6M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0616% | 8h | 572.59 | +0.001% | $52.4M | $161.2M | 75x | as long as short |
| Gate XMR_USDT | +0.0625% | 8h | 572.51 | −0.014% | $1.5M | $4.3M | 50x | as long as short |
| BingX XMR-USDT | +0.0672% | 8h | 572.65 | +0.011% | — | $5.7M | — | as long as short |
| Bybit XMRUSDT | +0.0716% | 8h | 572.25 | −0.059% | $46.4M | $64.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0747% | 1h | 573.35 | +0.133% | $5.4M | $19.1M | 50x | as long as short |
| Extended XMR-USD | +0.0768% | 1h | 572.51 | −0.015% | $3.0M | $8.2M | 25x | as long as short |
| Aster XMRUSDT | +0.0769% | 8h | 572.81 | +0.039% | $642K | $2.2M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0779% | 1h | 573.46 | +0.152% | $28K | $2.2M | 5x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 572.74 | +0.026% | $265K | $1.0M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0936% | 8h | 572.70 | +0.020% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.1007% | 8h | 571.95 | −0.113% | $330K | $728K | 10x | as long as short |
| BloFin XMR-USDT | +0.1013% | 8h | 574.03 | +0.252% | $2.7M | $11.2M | 75x | as long as short |
| Lighter XMR | +0.1024% | 1h | 572.82 | +0.040% | $3.1M | $7.5M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]long | L +0.1057% / S −0.1398% | 1h | 572.59 | long leg | $592K | — | 100x | |
| Orderly PERP_XMR_USDC | +0.1186% | 8h | 574.04 | +0.253% | $40K | $713K | 10x | as long as short |
| Variational Omni XMR | +0.1193% | 8h | 571.73 | −0.151% | $6.3M | $2.3M | — | as long as short |
| Hyperliquid XMRshort | +0.1215% | 1h | 573.06 | +0.082% | $86.4M | $70.9M | 5x | |
| Backpack XMR_USDC_PERP | +0.1372% | 1h | 573.89 | +0.227% | $169K | $532K | 20x | as long as short |
| Nado XMR-PERP | +0.1378% | 1h | 572.52 | −0.012% | $1.3M | $455K | 10x | as long as short |
| SoDEX XMR-USD | +0.1415% | 1h | 574.43 | +0.321% | $437K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2105% | 1h | 571.51 | −0.188% | $1K | $43K | 10x | as long as short |
GMX XMR/USD [WBTC.b-USDC]
Hyperliquid XMR
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
Bybit XMRUSDT
Kraken Futures PF_XMRUSD
Extended XMR-USD
Aster XMRUSDT
Polymarket Perps XMR-USD
Pacifica XMR
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Lighter XMR
Variational Omni XMR
Backpack XMR_USDC_PERP
SoDEX XMR-USD
Aftermath Perps XMRUSD