Spread before costs (cost unknown: a leg has no order-book sample)−0.115%
7d average−0.177%if it closes, per $10,000$12funding while held, a day+$51.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 570.29 | 0.0100 | pay 0.0100% / 8h | 7h 50m | $45.5M | $56.8M | 75x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 569.63 | L +0.1057% / S −0.1828% | get 0.0228% / 1h | 50m 58s | $247K | — | 100x |
Bybit XMRUSDT
GMX XMR/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$11.52
- Funding while held
- $51.83
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $17.31
- Spread needed to break even
- 0.230%
Slippage unknown: Bybit: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1728%
- Per $10,000 a day
- +$51.83
- Average in range /8h
- —
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 Bybit live order book, 4 min ago | 1.14 bp | 11.4 bp −$11 | 21.2 bp −$212 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Kraken Futures569.05cheapestSunX569.53+0.085%
Kraken Futures
SunXGMX569.63+0.103%
Lighter569.77+0.128%Backpack569.78+0.129%KuCoin569.90+0.150%gTrade (Gains Network)569.92+0.153%dYdX570.00+0.167%HTX570.01+0.169%MEXC570.04+0.174%BloFin570.12+0.188%Polymarket Perps570.13+0.190%Aster570.14+0.192%Binance570.20+0.202%BingX570.22+0.206%Gate570.25+0.211%Bitget570.26+0.213%
Lighter
Backpack
KuCoin
gTrade (Gains Network)
dYdX
HTX
MEXC
BloFin
Polymarket Perps
Aster
Binance
BingX
Gate
BitgetBybit570.29+0.218%
Extended570.33+0.225%Pacifica570.37+0.233%Aevo570.40+0.238%Hyperliquid570.41+0.239%Paradex570.42+0.241%Orderly570.48+0.252%Nado570.52+0.259%Aftermath Perps570.63+0.278%edgeX570.63+0.278%SoDEX570.64+0.280%Variational Omni571.42+0.417%Injective578.59+1.677%
Extended
Pacifica
Aevo
Hyperliquid
Paradex
Orderly
Nado
SoDEX
Variational Omni
InjectiveXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XMRUSD | −0.218% | +0.0309% | 1h | $5.6M | $18.3M | 50x | as long as short |
| SunX XMR-USDT | −0.133% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | −0.115% | L +0.1057% / S −0.1828% | 1h | $247K | — | 100x | |
| Lighter XMR | −0.090% | +0.0096% | 1h | $3.5M | $5.9M | 10x | as long as short |
| Backpack XMR_USDC_PERP | −0.089% | +0.0273% | 1h | $162K | $529K | 20x | as long as short |
| KuCoin XMRUSDTM | −0.068% | +0.0529% | 8h | $46.3M | $24.2M | 50x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.066% | L +0.0010% / S −0.0008% | 1h | $32K | — | 150x | as long as short |
| dYdX XMR-USD | −0.051% | +1.6967% | 1h | $103K | $43K | 5x | as long as short |
| HTX XMR-USDT | −0.049% | +0.0100% | 8h | $1.1M | $1.4M | 20x | as long as short |
| MEXC XMR_USDT | −0.044% | +0.0458% | 8h | $21.3M | $14.2M | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| BloFin XMR-USDT | −0.030% | +0.0590% | 8h | $2.8M | $10.3M | 75x | as long as short |
| Polymarket Perps XMR-USD | −0.028% | +0.0100% | 1h | $16K | $1.7M | 5x | as long as short |
| Aster XMRUSDT | −0.027% | +0.0687% | 8h | $670K | $2.4M | 75x | as long as short |
| Binance XMRUSDT | −0.016% | +0.0454% | 8h | $53.8M | $156.0M | 75x | as long as short |
| BingX XMR-USDT | −0.012% | +0.0596% | 8h | — | $5.7M | — | as long as short |
| Gate XMR_USDT | −0.007% | +0.0100% | 8h | $1.5M | $4.2M | 50x | as long as short |
| Bitget XMRUSDT | −0.005% | +0.0618% | 8h | $9.8M | $14.5M | 50x | as long as short |
| Bybit XMRUSDTlong | 0.000% | +0.0100% | 8h | $45.5M | $56.8M | 75x | |
| Extended XMR-USD | +0.006% | +0.0448% | 1h | $3.2M | $6.9M | 25x | as long as short |
| Pacifica XMR | +0.014% | +0.0316% | 1h | $272K | $1.1M | 10x | as long as short |
| Aevo XMR-PERP | +0.020% | +0.0192% | 1h | $12K | — | 3x | as long as short |
| Hyperliquid XMR | +0.021% | +0.0100% | 1h | $80.0M | $57.2M | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.023% | +0.0465% | 8h | $8K | $3K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.033% | +0.1095% | 8h | $52K | $710K | 10x | as long as short |
| Nado XMR-PERP | +0.040% | +0.0285% | 1h | $1.3M | $459K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.059% | +0.1785% | 1h | $1K | $47K | 10x | as long as short |
| edgeX XMRUSDC | +0.060% | +0.0100% | 4h | $1.0M | $681K | 10x | as long as short |
| SoDEX XMR-USD | +0.061% | +0.0100% | 1h | $434K | $4K | 5x | as long as short |
| Variational Omni XMR | +0.199% | +0.0627% | 8h | $6.8M | $4.3M | — | as long as short |
| Injective XMR/USDC PERP | +1.455% | +0.0033% | 1h | $3K | $85K | 12x | as long as short |