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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XMR | 577.74 | 0.0256 | pay 0.0032% / 1h | 17m 09s | $3.1M | $6.2M | 10x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 576.79 | L +0.1168% / S −0.1560% | get 0.0195% / 1h | 17m 09s | $598K | — | 100x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 11 min ago | 2.96 bp | 3.0 bp −$3 | 18.5 bp −$185 | 113.0 bp −$11.3K | 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 | 576.84 | −0.155% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.833% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.53 | −0.210% | $1.0M | $584K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 577.18 | −0.097% | $2K | $1.4M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 577.00 | −0.128% | $1.1M | $1.4M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 577.87 | +0.023% | $12K | — | 3x | as long as short |
| Lighter XMRlong | +0.0256% | 1h | 577.74 | long leg | $3.1M | $6.2M | 10x | |
| Extended XMR-USD | +0.0264% | 1h | 577.45 | −0.049% | $3.0M | $8.2M | 25x | as long as short |
| KuCoin XMRUSDTM | +0.0331% | 8h | 577.73 | −0.002% | $45.7M | $21.7M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.0496% | 1h | 577.53 | −0.036% | $22K | $1.9M | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX XMR-USD | +0.0498% | 1h | 577.58 | −0.027% | $105K | $43K | 5x | as long as short |
| Bitget XMRUSDT | +0.0597% | 8h | 577.99 | +0.043% | $9.6M | $11.3M | 50x | as long as short |
| BingX XMR-USDT | +0.0597% | 8h | 577.91 | +0.029% | — | $5.3M | — | as long as short |
| Bybit XMRUSDT | +0.0617% | 8h | 577.82 | +0.014% | $46.9M | $56.7M | 75x | as long as short |
| MEXC XMR_USDT | +0.0622% | 8h | 577.74 | 0.000% | $20.2M | $14.5M | 100x | as long as short |
| Binance XMRUSDT | +0.0628% | 8h | 577.81 | +0.012% | $52.6M | $126.0M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0630% | 1h | 576.76 | −0.169% | $5.4M | $13.6M | 50x | as long as short |
| Gate XMR_USDT | +0.0680% | 8h | 577.77 | +0.005% | $1.6M | $3.3M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0767% | 8h | 578.22 | +0.083% | $8K | $3K | 20x | as long as short |
| Aster XMRUSDT | +0.0791% | 8h | 578.12 | +0.065% | $641K | $1.9M | 75x | as long as short |
| Hyperliquid XMR | +0.0806% | 1h | 577.87 | +0.023% | $87.5M | $63.9M | 5x | as long as short |
| Nado XMR-PERP | +0.0933% | 1h | 578.11 | +0.064% | $1.3M | $436K | 10x | as long as short |
| SoDEX XMR-USD | +0.0942% | 1h | 577.79 | +0.009% | $439K | $3K | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0985% | 8h | 577.83 | +0.016% | $335K | $665K | 10x | as long as short |
| BloFin XMR-USDT | +0.0995% | 8h | 577.71 | −0.005% | $2.7M | $10.7M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0999% | 1h | 577.52 | −0.038% | $176K | $486K | 20x | as long as short |
| Pacifica XMR | +0.1002% | 1h | 577.99 | +0.043% | $269K | $876K | 10x | as long as short |
| Variational Omni XMR | +0.1077% | 8h | 574.67 | −0.531% | $6.2M | $2.4M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | L +0.1168% / S −0.1560% | 1h | 576.79 | −0.165% | $598K | — | 100x | |
| Orderly PERP_XMR_USDC | +0.1188% | 8h | 577.60 | −0.024% | $41K | $544K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1869% | 1h | 576.08 | −0.287% | $1K | $41K | 10x | as long as short |
Lighter XMR
GMX XMR/USD [WBTC.b-USDC]
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Extended XMR-USD
KuCoin XMRUSDTM
Polymarket Perps XMR-USD
Bitget XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Kraken Futures PF_XMRUSD
Gate XMR_USDT
Paradex XMR-USD-PERP
Aster XMRUSDT
Hyperliquid XMR
SoDEX XMR-USD
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Backpack XMR_USDC_PERP
Pacifica XMR
Variational Omni XMR
Aftermath Perps XMRUSD