Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0500%/8h= +54.8% APRpaid last 24h +0.079%

Price spread now: GMX against Paradex−0.234%7-day average — · you buy dearer than you sell

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

Long on Paradex Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Funding pays, the price is against you. GMX is 0.234% cheaper against Paradex than usual: you would sell low and buy high (spread −0.234% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$23 on $10k: about 37 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XMR-USD-PERP	571.35	0.0849	pay 0.0849% / 8h	2h 46m	$8K	$4K	20x
Short	GMX XMR/USD [WBTC.b-USDC]	570.01	L +0.1032% / S −0.1349%	get 0.0169% / 1h	46m 01s	$590K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Paradex. 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 ParadexbpFee GMXbpOrdersPrice spread, now −0.234%Rate

Funding earned: $105.07
Price spread: −0.234% → 0.000%: −$23.41
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee GMX: 6 bp × 2 orders: −$12
Net: $65.66
Costs to cover: 0.160%
Break-even: 2.6 days

Slippage unknown: Paradex: no order-book sample; 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 Paradex no order-book sample	—	—	—	—	—
Sell GMX no order-book sample	—	—	—	—	—

Paradex and 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 −0.0003%	1h	570.29	−0.186%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.961%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	571.51	+0.029%	$1.0M	$644K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	570.83	−0.091%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	571.73	+0.067%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0232%	1h	571.62	+0.048%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0289%	8h	570.98	−0.064%	$44.8M	$26.5M	50x	as long as short
Bitget XMRUSDT	+0.0565%	8h	571.27	−0.014%	$9.4M	$13.5M	50x	as long as short
Gate XMR_USDT	+0.0594%	8h	571.51	+0.028%	$1.5M	$4.3M	50x	as long as short
MEXC XMR_USDT	+0.0605%	8h	571.50	+0.027%	$19.7M	$14.6M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0606%	8h	571.45	+0.017%	$52.3M	$163.4M	75x	as long as short
BingX XMR-USDT	+0.0661%	8h	571.48	+0.023%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0701%	8h	571.38	+0.006%	$46.3M	$64.7M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0751%	1h	570.30	−0.183%	$5.4M	$19.1M	50x	as long as short
Aster XMRUSDT	+0.0755%	8h	571.37	+0.005%	$640K	$2.3M	75x	as long as short
dYdX XMR-USD	+0.0792%	1h	570.41	−0.164%	$103K	$44K	5x	as long as short
Extended XMR-USD	+0.0792%	1h	571.33	−0.003%	$3.0M	$8.3M	25x	as long as short
Polymarket Perps XMR-USD	+0.0847%	1h	571.14	−0.036%	$28K	$2.2M	5x	as long as short
Paradex XMR-USD-PERPlong	+0.0849%	8h	571.35	long leg	$8K	$4K	20x
Pacifica XMR	+0.0912%	1h	571.42	+0.012%	$265K	$1.0M	10x	as long as short
BloFin XMR-USDT	+0.0995%	8h	571.72	+0.065%	$2.7M	$11.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.1011%	8h	572.40	+0.184%	$331K	$728K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.1032% / S −0.1349%	1h	570.01	−0.234%	$590K	—	100x
Lighter XMR	+0.1144%	1h	571.43	+0.014%	$3.1M	$7.5M	10x	as long as short
Orderly PERP_XMR_USDC	+0.1184%	8h	571.24	−0.019%	$40K	$720K	10x	as long as short
Variational Omni XMR	+0.1188%	8h	571.45	+0.019%	$6.3M	$2.3M	—	as long as short
Hyperliquid XMR	+0.1254%	1h	571.45	+0.018%	$86.2M	$71.4M	5x	as long as short
SoDEX XMR-USD	+0.1494%	1h	571.35	0.000%	$434K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1500%	1h	570.88	−0.082%	$168K	$535K	20x	as long as short
Nado XMR-PERP	+0.1571%	1h	571.53	+0.033%	$1.3M	$458K	10x	as long as short
Aftermath Perps XMRUSD	+0.2077%	1h	571.40	+0.009%	$1K	$43K	10x	as long as short