XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0914%/8h= +100.1% APRnext payment +$1.14 per $10,000 · paid last 24h +0.122%

Price spread now: GMX against Polymarket Perps−0.239%7-day average −0.180% · you buy dearer than you sell

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

Long on Polymarket Perps Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.065%+$7 on $10k

Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.239%, 7d avg −0.180%

Together, before fees+0.102%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.059% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.239% now, against its 7-day average of −0.180%). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$27 a day). At the pace of the last 3 days (+0.065% in total) that is about 2.9 days.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.065% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.14 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	Polymarket Perps XMR-USD	590.54	0.1538	pay 0.0192% / 1h	51m 25s	$49K	$2.0M	5x
Short	GMX XMR/USD [WBTC.b-USDC]	589.13	L +0.0870% / S −0.2452%	get 0.0307% / 1h	51m 25s	$548K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Polymarket Perps. 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 Polymarket PerpsbpFee GMXbpOrdersPrice spread, now −0.239%Rate

Funding earned: $191.94
Price spread: −0.239% → −0.180%: −$5.93
Slippage, 4 orders: no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee GMX: 6 bp × 2 orders: −$12
Net: $166.01
Costs to cover: 0.200%
Break-even: 0.9 days

Slippage unknown: Polymarket Perps: live order book, 2 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 Polymarket Perps live order book, 2 min ago	2.95 bp	7.1 bp −$7	8.0 bp −$80	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 −0.0009%	1h	589.19	−0.229%	$45K	—	150x	as long as short
dYdX XMR-USD	+0.0023%	1h	589.21	−0.226%	$107K	$50K	5x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.053%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.61	+0.350%	$1.1M	$658K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	590.99	+0.076%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	592.41	+0.317%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	590.45	−0.015%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0384%	8h	590.65	+0.019%	$21.5M	$15.1M	100x	as long as short
Binance XMRUSDT	+0.0388%	8h	590.53	−0.002%	$54.1M	$166.4M	75x	as long as short
Bitget XMRUSDT	+0.0491%	8h	590.67	+0.022%	$9.7M	$14.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0542%	8h	592.92	+0.403%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0619%	8h	590.80	+0.044%	$642K	$2.5M	75x	as long as short
KuCoin XMRUSDTM	+0.0626%	8h	590.00	−0.091%	$48.2M	$26.2M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0644%	1h	590.18	−0.061%	$5.6M	$20.6M	50x	as long as short
Pacifica XMR	+0.0659%	1h	590.92	+0.064%	$275K	$1.1M	10x	as long as short
Variational Omni XMR	+0.0711%	8h	590.83	+0.050%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.0870% / S −0.2452%	1h	589.13	−0.239%	$548K	—	100x
Backpack XMR_USDC_PERP	+0.0985%	1h	590.32	−0.037%	$200K	$559K	20x	as long as short
Orderly PERP_XMR_USDC	+0.0998%	8h	590.50	−0.007%	$42K	$734K	10x	as long as short
Paradex XMR-USD-PERP	+0.1023%	8h	590.50	−0.006%	$8K	$4K	20x	as long as short
Gate XMR_USDT	+0.1054%	8h	590.20	−0.058%	$1.7M	$4.6M	50x	as long as short
Lighter XMR	+0.1360%	1h	590.67	+0.022%	$3.3M	$7.1M	10x	as long as short
Nado XMR-PERP	+0.1477%	1h	590.84	+0.051%	$1.3M	$470K	10x	as long as short
SoDEX XMR-USD	+0.1480%	1h	591.29	+0.127%	$449K	$3K	5x	as long as short
Polymarket Perps XMR-USDlong	+0.1538%	1h	590.54	long leg	$49K	$2.0M	5x
BingX XMR-USDT	+0.1630%	8h	590.75	+0.036%	—	$5.8M	—	as long as short
GRVT XMR_USDT_Perp	+0.1732%	8h	592.18	+0.277%	$347K	$795K	10x	as long as short
Bybit XMRUSDT	+0.1749%	8h	590.68	+0.024%	$47.9M	$64.6M	75x	as long as short
Extended XMR-USD	+0.2288%	1h	590.70	+0.027%	$3.2M	$7.1M	25x	as long as short
Hyperliquid XMR	+0.2434%	1h	590.64	+0.017%	$89.2M	$72.6M	5x	as long as short
Aftermath Perps XMRUSD	+0.2475%	1h	590.67	+0.022%	$2K	$46K	10x	as long as short