XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0717%/8h= −78.5% APRnext payment −$0.90 per $10,000 · paid last 24h −0.095%

Price spread now: Lighter against GMX+0.175%7-day average +0.172% · you sell dearer than you buy

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

Long on GMX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.220%−$22 on $10k

Price spread, last 4 days (all we have)−0.174%−$17 · spread now +0.175%, 7d avg +0.172%

Together, before fees−0.393%+ Points / potential airdropLighter: Season 3 · farm board−$39 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.172%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.220% in total (about -22.7% 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	GMX XMR/USD [WBTC.b-USDC]	570.70	L +0.1029% / S −0.1284%	pay 0.0129% / 1h	17m 39s	$594K	—	100x
Short	Lighter XMR	571.70	0.0312	get 0.0039% / 1h	17m 39s	$3.0M	$5.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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

Position, each leg$Hold fordaysFee GMXbpFee LighterbpOrdersPrice spread, now +0.175%Rate

Funding earned: −$150.63
Price spread: +0.175% → +0.172%: $0.35
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Lighter: 0 bp × 2 orders: $0
Net: −$162.28
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Lighter: live order book, 10 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 Lighter live order book, 10 min ago	3.17 bp	5.4 bp −$5	13.4 bp −$134	153.6 bp −$15.4K	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 −0.0005%	1h	570.76	+0.011%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.077%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	572.00	+0.228%	$1.0M	$533K	10x	as long as short
Polymarket Perps XMR-USD	+0.0100%	1h	571.37	+0.118%	$30K	$1.6M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	571.36	+0.116%	$2K	$1.2M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.03	+0.233%	$1.1M	$1.0M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	572.24	+0.271%	$12K	—	3x	as long as short
Lighter XMRshort	+0.0312%	1h	571.70	+0.175%	$3.0M	$5.5M	10x
Kraken Futures PF_XMRUSD	+0.0372%	1h	570.92	+0.039%	$5.4M	$8.6M	50x	as long as short
Bybit XMRUSDT	+0.0378%	8h	571.64	+0.165%	$46.3M	$48.3M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XMRUSDTM	+0.0398%	8h	571.80	+0.193%	$45.3M	$17.4M	50x	as long as short
Gate XMR_USDT	+0.0440%	8h	571.72	+0.179%	$1.6M	$2.7M	50x	as long as short
MEXC XMR_USDT	+0.0467%	8h	571.97	+0.223%	$19.9M	$9.7M	100x	as long as short
Binance XMRUSDT	+0.0467%	8h	571.80	+0.193%	$52.2M	$101.6M	75x	as long as short
Hyperliquid XMR	+0.0536%	1h	571.75	+0.184%	$86.7M	$57.5M	5x	as long as short
BingX XMR-USDT	+0.0539%	8h	571.86	+0.204%	—	$5.1M	—	as long as short
Pacifica XMR	+0.0550%	1h	571.83	+0.198%	$268K	$740K	10x	as long as short
Extended XMR-USD	+0.0552%	1h	571.72	+0.180%	$3.0M	$7.4M	25x	as long as short
Bitget XMRUSDT	+0.0574%	8h	572.09	+0.244%	$9.3M	$10.2M	50x	as long as short
Aster XMRUSDT	+0.0580%	8h	571.74	+0.182%	$657K	$1.5M	75x	as long as short
Paradex XMR-USD-PERP	+0.0687%	8h	571.94	+0.217%	$8K	$2K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0700%	8h	572.05	+0.238%	$337K	$632K	10x	as long as short
Variational Omni XMR	+0.0781%	8h	573.32	+0.459%	$6.2M	$2.3M	—	as long as short
BloFin XMR-USDT	+0.0789%	8h	572.23	+0.268%	$2.7M	$9.7M	75x	as long as short
Nado XMR-PERP	+0.1007%	1h	571.97	+0.223%	$1.2M	$308K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]long	L +0.1029% / S −0.1284%	1h	570.70	long leg	$594K	—	100x
SoDEX XMR-USD	+0.1030%	1h	571.97	+0.223%	$435K	$4K	5x	as long as short
Orderly PERP_XMR_USDC	+0.1095%	8h	571.96	+0.221%	$40K	$404K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1239%	1h	571.84	+0.200%	$128K	$421K	20x	as long as short
dYdX XMR-USD	+0.1768%	1h	570.92	+0.040%	$103K	$28K	5x	as long as short
Aftermath Perps XMRUSD	+0.2015%	1h	571.91	+0.213%	$1K	$38K	10x	as long as short