Funding you earn now, next payment 02:00 UTC+0.0613%/8h= +67.1% APRpaid last 24h +0.170%
Price spread now: GMX against Bitget−0.214%7-day average −0.190% · 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)+0.395%+$40 on $10k
+Price spread, last 3 days (all we have)+0.010%+$1 · spread now −0.214%, 7d avg −0.190%
=Funding pays, the price is against you. GMX is 0.024% cheaper against Bitget than usual: you would sell low and buy high (spread −0.214% now, against its 7-day average of −0.190%). If the spread goes back, that is −$2 on $10k: about 3 hours of funding at the current rate (+$18 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XMRUSDT | 586.40 | 0.0620 | pay 0.0620% / 8h | 5h 59m | $9.6M | $14.2M | 50x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 585.14 | L +0.0967% / S −0.1233% | get 0.0154% / 1h | 59m 57s | $652K | — | 100x |
Bitget XMRUSDT
GMX XMR/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Bitget. 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
- $128.65
- Price spread: −0.214% → −0.190%
- −$2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $102.28
- Costs to cover
- 0.240%
- Break-even
- 1.4 days
Slippage unknown: Bitget: live order book, 4 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 Bitget live order book, 4 min ago | 4.60 bp | 17.7 bp −$18 | 22.3 bp −$223 | 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 30 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 −0.0010% | 1h | 585.18 | −0.207% | $35K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.767% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 586.69 | +0.049% | $1.0M | $669K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 585.68 | −0.123% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 585.42 | −0.167% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 586.55 | +0.026% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0394% | 1h | 585.60 | −0.136% | $106K | $50K | 5x | as long as short |
| Binance XMRUSDT | +0.0521% | 8h | 586.30 | −0.017% | $53.5M | $167.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0523% | 8h | 586.36 | −0.007% | $20.9M | $15.3M | 100x | as long as short |
| Bitget XMRUSDTlong | +0.0620% | 8h | 586.40 | long leg | $9.6M | $14.2M | 50x |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
dYdX XMR-USD
Binance XMRUSDT
MEXC XMR_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0710% | 8h | 586.44 | +0.006% | $653K | $2.5M | 75x | as long as short |
| BingX XMR-USDT | +0.0757% | 8h | 586.44 | +0.007% | — | $5.8M | — | as long as short |
| Bybit XMRUSDT | +0.0761% | 8h | 586.34 | −0.010% | $47.5M | $65.0M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0779% | 8h | 585.98 | −0.072% | $48.0M | $26.1M | 50x | as long as short |
| Gate XMR_USDT | +0.0782% | 8h | 585.76 | −0.109% | $1.6M | $4.6M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 586.57 | +0.029% | $270K | $1.1M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0864% | 1h | 586.20 | −0.034% | $31K | $2.1M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.0870% | 1h | 585.87 | −0.090% | $173K | $539K | 20x | as long as short |
| Lighter XMR | +0.0960% | 1h | 586.29 | −0.019% | $3.3M | $7.2M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | L +0.0967% / S −0.1233% | 1h | 585.14 | −0.214% | $652K | — | 100x | |
| Variational Omni XMR | +0.1060% | 8h | 586.46 | +0.011% | $6.7M | $2.5M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.1061% | 8h | 586.38 | −0.003% | $343K | $773K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.1081% | 8h | 586.34 | −0.010% | $42K | $736K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1194% | 8h | 586.31 | −0.015% | $8K | $4K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.1306% | 1h | 585.19 | −0.207% | $5.5M | $20.5M | 50x | as long as short |
| Nado XMR-PERP | +0.1389% | 1h | 586.61 | +0.037% | $1.3M | $466K | 10x | as long as short |
| SoDEX XMR-USD | +0.1536% | 1h | 586.44 | +0.007% | $446K | $3K | 5x | as long as short |
| Hyperliquid XMR | +0.1573% | 1h | 586.41 | +0.002% | $88.5M | $73.1M | 5x | as long as short |
| Extended XMR-USD | +0.1728% | 1h | 586.48 | +0.013% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2669% | 1h | 586.15 | −0.043% | $1K | $46K | 10x | as long as short |
Aster XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
KuCoin XMRUSDTM
Gate XMR_USDT
Pacifica XMR
Polymarket Perps XMR-USD
Backpack XMR_USDC_PERP
Lighter XMR
Variational Omni XMR
GRVT XMR_USDT_Perp
Orderly PERP_XMR_USDC
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
Nado XMR-PERP
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD