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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0372%/8h= −40.7% APRnext payment $0.46 per $10,000 · paid last 24h +0.063%
Price spread now: GMX against Hyperliquid−0.188%7-day average −0.172% · you buy dearer than you sell
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)+0.213%+$21 on $10k
Price spread, last 3 days (all we have)+0.030%+$3 · spread now −0.188%, 7d avg −0.172%
Together, before fees+0.243%+ Points / potential airdropHyperliquid: Season 2 · farm board+$24 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: −$11 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.213%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XMR586.470.1595pay 0.0199% / 1h1m 59s$88.6M$73.1M5x
ShortGMX XMR/USD [WBTC.b-USDC]585.37L +0.0963% / S −0.1224%get 0.0153% / 1h1m 59s$652K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Hyperliquid. 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
−$78.02
Price spread: −0.188% → −0.172%
−$1.61
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee GMX: 6 bp × 2 orders
−$12
Net
−$100.63
Costs to cover
0.210%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 12 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
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 12 min ago1.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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 30 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 −0.0010%1h585.39−0.184%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.755%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h583.62−0.485%$1.0M$668K10xas long as short
SunX XMR-USDT+0.0100%8h585.89−0.099%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h585.95−0.089%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0216%1h586.64+0.029%$12K3xas long as short
dYdX XMR-USD+0.0389%1h585.60−0.148%$106K$50K5xas long as short
MEXC XMR_USDT+0.0524%8h586.51+0.007%$20.9M$15.3M100xas long as short
Binance XMRUSDT+0.0525%8h586.51+0.007%$53.5M$168.0M75xas long as short
Bitget XMRUSDT+0.0623%8h586.40−0.012%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0714%8h586.76+0.049%$653K$2.5M75xas long as short
BingX XMR-USDT+0.0757%8h586.62+0.026%$5.8Mas long as short
Bybit XMRUSDT+0.0777%8h586.64+0.029%$47.5M$65.0M75xas long as short
KuCoin XMRUSDTM+0.0781%8h586.22−0.043%$48.1M$26.1M50xas long as short
Gate XMR_USDT+0.0788%8h585.76−0.121%$1.6M$4.6M50xas long as short
Pacifica XMR+0.0821%1h586.470.000%$270K$1.1M10xas long as short
Polymarket Perps XMR-USD+0.0882%1h586.08−0.066%$31K$2.1M5xas long as short
Backpack XMR_USDC_PERP+0.0884%1h585.97−0.085%$173K$539K20xas long as short
GMX XMR/USD [WBTC.b-USDC]shortL +0.0963% / S −0.1224%1h585.37−0.188%$652K100x
Lighter XMR+0.0968%1h586.28−0.033%$3.3M$7.2M10xas long as short
GRVT XMR_USDT_Perp+0.1057%8h585.89−0.100%$343K$773K10xas long as short
Variational Omni XMR+0.1058%8h586.20−0.046%$6.7M$2.5Mas long as short
Orderly PERP_XMR_USDC+0.1082%8h586.56+0.015%$42K$736K10xas long as short
Paradex XMR-USD-PERP+0.1203%8h586.32−0.026%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1306%1h585.34−0.192%$5.5M$20.5M50xas long as short
Nado XMR-PERP+0.1400%1h586.37−0.017%$1.3M$466K10xas long as short
SoDEX XMR-USD+0.1565%1h586.64+0.029%$446K$3K5xas long as short
Hyperliquid XMRlong+0.1595%1h586.47long leg$88.6M$73.1M5x
Extended XMR-USD+0.1768%1h586.37−0.017%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2692%1h585.97−0.086%$1K$46K10xas long as short