XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0665%/8h= −72.8% APRnext payment −$0.83 per $10,000 · paid last 24h +0.003%

Price spread now: Polymarket Perps against GMX+0.153%7-day average +0.184% · you sell dearer than you buy

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

Long on GMX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.153%, 7d avg +0.184%

Together, before fees+0.047%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and Polymarket Perps is 0.031% cheaper against GMX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.184%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.018% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.83 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]	573.49	L +0.1144% / S −0.1518%	pay 0.0143% / 1h	27m 14s	$595K	—	100x
Short	Polymarket Perps XMR-USD	574.37	0.0479	get 0.0060% / 1h	27m 14s	$22K	$2.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.153%Rate

Funding earned: −$139.66
Price spread: +0.153% → +0.184%: −$3.09
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$162.75
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 1 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 Polymarket Perps live order book, 1 min ago	2.61 bp	7.0 bp −$7	7.1 bp −$71	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 −0.0004%	1h	574.15	+0.114%	$32K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.579%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	575.25	+0.306%	$1.0M	$582K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	574.08	+0.102%	$2K	$1.5M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.70	−0.138%	$1.1M	$1.4M	20x	as long as short
Aevo XMR-PERP	+0.0240%	1h	575.06	+0.273%	$12K	—	3x	as long as short
Lighter XMR	+0.0280%	1h	574.49	+0.174%	$3.1M	$6.2M	10x	as long as short
Extended XMR-USD	+0.0320%	1h	574.62	+0.196%	$3.0M	$8.3M	25x	as long as short
KuCoin XMRUSDTM	+0.0320%	8h	574.47	+0.170%	$45.3M	$22.4M	50x	as long as short
Polymarket Perps XMR-USDshort	+0.0479%	1h	574.37	+0.153%	$22K	$2.0M	5x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0597%	8h	574.84	+0.235%	$9.6M	$11.7M	50x	as long as short
BingX XMR-USDT	+0.0604%	8h	574.88	+0.242%	—	$5.4M	—	as long as short
Bybit XMRUSDT	+0.0631%	8h	574.40	+0.158%	$46.6M	$58.5M	75x	as long as short
Binance XMRUSDT	+0.0633%	8h	574.64	+0.200%	$52.3M	$133.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0633%	1h	573.77	+0.048%	$5.4M	$15.2M	50x	as long as short
MEXC XMR_USDT	+0.0634%	8h	574.77	+0.223%	$20.1M	$14.5M	100x	as long as short
dYdX XMR-USD	+0.0635%	1h	574.34	+0.148%	$104K	$43K	5x	as long as short
Gate XMR_USDT	+0.0676%	8h	573.81	+0.055%	$1.6M	$3.3M	50x	as long as short
Aster XMRUSDT	+0.0791%	8h	574.30	+0.141%	$636K	$2.0M	75x	as long as short
Paradex XMR-USD-PERP	+0.0802%	8h	574.85	+0.236%	$8K	$3K	20x	as long as short
Hyperliquid XMR	+0.0803%	1h	574.58	+0.189%	$87.0M	$65.9M	5x	as long as short
SoDEX XMR-USD	+0.0937%	1h	574.80	+0.228%	$437K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.0952%	1h	574.40	+0.158%	$174K	$492K	20x	as long as short
Nado XMR-PERP	+0.0989%	1h	574.37	+0.153%	$1.3M	$444K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0992%	8h	575.42	+0.336%	$343K	$711K	10x	as long as short
Pacifica XMR	+0.1002%	1h	574.77	+0.223%	$265K	$906K	10x	as long as short
BloFin XMR-USDT	+0.1046%	8h	574.94	+0.252%	$2.7M	$10.7M	75x	as long as short
Variational Omni XMR	+0.1099%	8h	574.60	+0.194%	$6.2M	$2.4M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]long	L +0.1144% / S −0.1518%	1h	573.49	long leg	$595K	—	100x
Orderly PERP_XMR_USDC	+0.1186%	8h	574.68	+0.207%	$40K	$588K	10x	as long as short
Aftermath Perps XMRUSD	+0.1910%	1h	574.58	+0.190%	$1K	$41K	10x	as long as short