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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.1304%/8h= +142.8% APRnext payment +$1.63 per $10,000 · paid last 24h +0.184%
Price spread now: GMX against Lighter−0.165%7-day average −0.171% · 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)+0.331%+$33 on $10k
Price spread, last 4 days (all we have)+0.013%+$1 · spread now −0.165%, 7d avg −0.171%
Together, before fees+0.344%+ Points / potential airdropLighter: Season 3 · farm board+$34 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.171%, so right now this pair is about funding alone: +$39 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.331% in total (about 35.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.63 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XMR577.740.0256pay 0.0032% / 1h17m 09s$3.1M$6.2M10x
ShortGMX XMR/USD [WBTC.b-USDC]576.79L +0.1168% / S −0.1560%get 0.0195% / 1h17m 09s$598K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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
$273.92
Price spread: −0.165% → −0.171%
$0.6
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee GMX: 6 bp × 2 orders
−$12
Net
$262.52
Costs to cover
0.120%
Break-even
0.3 days
Slippage unknown: Lighter: live order book, 11 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 Lighter live order book, 11 min ago2.96 bp3.0 bp −$318.5 bp −$185113.0 bp −$11.3Kdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0004%1h576.84−0.155%$33K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+0.833%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h576.53−0.210%$1.0M$584K10xas long as short
SunX XMR-USDT+0.0100%8h577.18−0.097%$2K$1.4M20xas long as short
HTX XMR-USDT+0.0100%8h577.00−0.128%$1.1M$1.4M20xas long as short
Aevo XMR-PERP+0.0240%1h577.87+0.023%$12K3xas long as short
Lighter XMRlong+0.0256%1h577.74long leg$3.1M$6.2M10x
Extended XMR-USD+0.0264%1h577.45−0.049%$3.0M$8.2M25xas long as short
KuCoin XMRUSDTM+0.0331%8h577.73−0.002%$45.7M$21.7M50xas long as short
Polymarket Perps XMR-USD+0.0496%1h577.53−0.036%$22K$1.9M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XMR-USD+0.0498%1h577.58−0.027%$105K$43K5xas long as short
Bitget XMRUSDT+0.0597%8h577.99+0.043%$9.6M$11.3M50xas long as short
BingX XMR-USDT+0.0597%8h577.91+0.029%$5.3Mas long as short
Bybit XMRUSDT+0.0617%8h577.82+0.014%$46.9M$56.7M75xas long as short
MEXC XMR_USDT+0.0622%8h577.740.000%$20.2M$14.5M100xas long as short
Binance XMRUSDT+0.0628%8h577.81+0.012%$52.6M$126.0M75xas long as short
Kraken Futures PF_XMRUSD+0.0630%1h576.76−0.169%$5.4M$13.6M50xas long as short
Gate XMR_USDT+0.0680%8h577.77+0.005%$1.6M$3.3M50xas long as short
Paradex XMR-USD-PERP+0.0767%8h578.22+0.083%$8K$3K20xas long as short
Aster XMRUSDT+0.0791%8h578.12+0.065%$641K$1.9M75xas long as short
Hyperliquid XMR+0.0806%1h577.87+0.023%$87.5M$63.9M5xas long as short
Nado XMR-PERP+0.0933%1h578.11+0.064%$1.3M$436K10xas long as short
SoDEX XMR-USD+0.0942%1h577.79+0.009%$439K$3K5xas long as short
GRVT XMR_USDT_Perp+0.0985%8h577.83+0.016%$335K$665K10xas long as short
BloFin XMR-USDT+0.0995%8h577.71−0.005%$2.7M$10.7M75xas long as short
Backpack XMR_USDC_PERP+0.0999%1h577.52−0.038%$176K$486K20xas long as short
Pacifica XMR+0.1002%1h577.99+0.043%$269K$876K10xas long as short
Variational Omni XMR+0.1077%8h574.67−0.531%$6.2M$2.4Mas long as short
GMX XMR/USD [WBTC.b-USDC]shortL +0.1168% / S −0.1560%1h576.79−0.165%$598K100x
Orderly PERP_XMR_USDC+0.1188%8h577.60−0.024%$41K$544K10xas long as short
Aftermath Perps XMRUSD+0.1869%1h576.08−0.287%$1K$41K10xas long as short