Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1404%/8h= +153.8% APRpaid last 24h −0.321%

Price spread now: GMX against HTX−0.245%7-day average +0.088% · you buy dearer than you sell

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

Long on HTX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−1.487%−$149 on $10k

Price spread, last 4 days (all we have)+0.688%+$69 · spread now −0.245%, 7d avg +0.088%

Together, before fees−0.800%−$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.333% cheaper against HTX than usual: you would sell low and buy high (spread −0.245% now, against its 7-day average of +0.088%). If the spread goes back, that is −$33 on $10k: about 19 hours of funding at the current rate (+$42 a day). Mind the row above: over the last 3 days funding on this pair cost −1.487%, 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	HTX XMR-USDT	576.95	0.0100	pay 0.0100% / 8h	1h 47m	$1.1M	$1.5M	20x
Short	GMX XMR/USD [WBTC.b-USDC]	575.54	L +0.1132% / S −0.1504%	get 0.0188% / 1h	47m 17s	$604K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against HTX. 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 HTXbpFee GMXbpOrdersPrice spread, now −0.245%Rate

Funding earned: $294.87
Price spread: −0.245% → +0.088%: −$33.25
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: $237.61
Costs to cover: 0.240%
Break-even: 1.4 days

Slippage unknown: HTX: live order book, 1 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 HTX live order book, 1 min ago	13.97 bp	50.7 bp −$51	doesn't fit	doesn't fit	doesn't fit
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
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0004%	1h	575.64	−0.227%	$32K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+0.971%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	577.89	+0.162%	$1.0M	$635K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.83	−0.194%	$2K	$1.7M	20x	as long as short
HTX XMR-USDTlong	+0.0100%	8h	576.95	long leg	$1.1M	$1.5M	20x
dYdX XMR-USD	+0.0182%	1h	575.66	−0.223%	$104K	$43K	5x	as long as short
Aevo XMR-PERP	+0.0240%	1h	576.99	+0.008%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0335%	8h	575.90	−0.182%	$45.4M	$24.6M	50x	as long as short
Lighter XMR	+0.0400%	1h	576.16	−0.137%	$3.1M	$6.1M	10x	as long as short
Extended XMR-USD	+0.0496%	1h	576.34	−0.106%	$3.0M	$8.2M	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps XMR-USD	+0.0523%	1h	576.48	−0.081%	$23K	$2.1M	5x	as long as short
Bitget XMRUSDT	+0.0592%	8h	576.81	−0.024%	$9.5M	$12.4M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0631%	1h	575.50	−0.251%	$5.4M	$17.3M	50x	as long as short
BingX XMR-USDT	+0.0645%	8h	576.54	−0.071%	—	$5.5M	—	as long as short
Binance XMRUSDT	+0.0647%	8h	576.15	−0.139%	$52.5M	$146.0M	75x	as long as short
MEXC XMR_USDT	+0.0649%	8h	576.04	−0.158%	$20.0M	$14.4M	100x	as long as short
Bybit XMRUSDT	+0.0673%	8h	575.95	−0.173%	$46.8M	$61.6M	75x	as long as short
Gate XMR_USDT	+0.0681%	8h	576.36	−0.102%	$1.5M	$3.3M	50x	as long as short
Aster XMRUSDT	+0.0807%	8h	576.44	−0.088%	$640K	$2.0M	75x	as long as short
Paradex XMR-USD-PERP	+0.0865%	8h	576.71	−0.042%	$8K	$3K	20x	as long as short
Backpack XMR_USDC_PERP	+0.0889%	1h	576.77	−0.031%	$175K	$531K	20x	as long as short
Hyperliquid XMR	+0.0892%	1h	576.57	−0.066%	$87.2M	$67.4M	5x	as long as short
SoDEX XMR-USD	+0.0996%	1h	576.50	−0.078%	$438K	$3K	5x	as long as short
Pacifica XMR	+0.1002%	1h	576.67	−0.049%	$266K	$944K	10x	as long as short
GRVT XMR_USDT_Perp	+0.1018%	8h	575.73	−0.211%	$335K	$711K	10x	as long as short
Nado XMR-PERP	+0.1043%	1h	577.45	+0.086%	$1.3M	$445K	10x	as long as short
BloFin XMR-USDT	+0.1063%	8h	576.43	−0.090%	$2.7M	$11.0M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.1132% / S −0.1504%	1h	575.54	−0.245%	$604K	—	100x
Variational Omni XMR	+0.1147%	8h	575.44	−0.262%	$6.2M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1194%	8h	576.52	−0.075%	$41K	$604K	10x	as long as short
Aftermath Perps XMRUSD	+0.1969%	1h	576.25	−0.122%	$1K	$42K	10x	as long as short