XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0801%/8h= −87.7% APRnext payment −$1.00 per $10,000 · paid last 24h +0.003%

Price spread now: Polymarket Perps against GMX+0.021%7-day average +0.184% · you sell dearer than you buy

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

Long on GMX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.018%−$2 on $10k

Price spread, last 4 days (all we have)+0.196%+$20 · spread now +0.021%, 7d avg +0.184%

Together, before fees+0.178%+$18 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and Polymarket Perps is 0.162% cheaper against GMX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.184%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.018% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.00 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	GMX XMR/USD [WBTC.b-USDC]	578.20	L +0.1172% / S −0.1566%	pay 0.0146% / 1h	59m 51s	$599K	—	100x
Short	Polymarket Perps XMR-USD	578.32	0.0370	get 0.0046% / 1h	59m 51s	$26K	$1.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against GMX. 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 GMXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$168.27
Price spread: +0.021% → +0.184%: −$16.22
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$204.49
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Polymarket Perps: live order book, 4 min ago. 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 GMX no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 4 min ago	2.78 bp	7.1 bp −$7	7.2 bp −$72	doesn't fit	doesn't fit

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	578.12	−0.013%	$33K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+0.753%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	576.88	−0.227%	$1.0M	$562K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	577.12	−0.186%	$2K	$1.4M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	579.00	+0.139%	$1.1M	$1.3M	20x	as long as short
Extended XMR-USD	+0.0104%	1h	578.45	+0.043%	$3.0M	$8.0M	25x	as long as short
Lighter XMR	+0.0192%	1h	579.01	+0.141%	$3.1M	$6.2M	10x	as long as short
Aevo XMR-PERP	+0.0232%	1h	579.15	+0.165%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0295%	8h	578.41	+0.037%	$45.7M	$20.8M	50x	as long as short
Polymarket Perps XMR-USDshort	+0.0370%	1h	578.32	+0.021%	$26K	$1.8M	5x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XMR-USD	+0.0441%	1h	576.73	−0.254%	$104K	$42K	5x	as long as short
Bybit XMRUSDT	+0.0555%	8h	578.74	+0.094%	$47.0M	$55.3M	75x	as long as short
Bitget XMRUSDT	+0.0569%	8h	579.42	+0.212%	$9.6M	$11.2M	50x	as long as short
BingX XMR-USDT	+0.0573%	8h	578.41	+0.037%	—	$5.3M	—	as long as short
Binance XMRUSDT	+0.0591%	8h	578.77	+0.099%	$52.7M	$121.9M	75x	as long as short
MEXC XMR_USDT	+0.0595%	8h	578.88	+0.118%	$20.3M	$14.5M	100x	as long as short
Kraken Futures PF_XMRUSD	+0.0628%	1h	578.08	−0.020%	$5.5M	$12.4M	50x	as long as short
Gate XMR_USDT	+0.0631%	8h	578.55	+0.061%	$1.6M	$3.3M	50x	as long as short
Paradex XMR-USD-PERP	+0.0659%	8h	578.06	−0.024%	$8K	$3K	20x	as long as short
Hyperliquid XMR	+0.0699%	1h	579.18	+0.170%	$87.8M	$63.1M	5x	as long as short
Aster XMRUSDT	+0.0751%	8h	578.20	+0.001%	$646K	$1.8M	75x	as long as short
SoDEX XMR-USD	+0.0774%	1h	578.92	+0.125%	$440K	$3K	5x	as long as short
Nado XMR-PERP	+0.0853%	1h	578.13	−0.012%	$1.3M	$435K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0946%	8h	577.52	−0.117%	$335K	$652K	10x	as long as short
BloFin XMR-USDT	+0.0949%	8h	577.59	−0.105%	$2.7M	$10.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0960%	1h	579.19	+0.172%	$176K	$479K	20x	as long as short
Pacifica XMR	+0.1002%	1h	577.62	−0.099%	$270K	$847K	10x	as long as short
Variational Omni XMR	+0.1008%	8h	577.39	−0.139%	$6.3M	$2.3M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]long	L +0.1172% / S −0.1566%	1h	578.20	long leg	$599K	—	100x
Orderly PERP_XMR_USDC	+0.1173%	8h	578.78	+0.101%	$41K	$522K	10x	as long as short
Aftermath Perps XMRUSD	+0.1808%	1h	577.75	−0.077%	$1K	$41K	10x	as long as short