Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.1327%/8h= +145.3% APRpaid last 24h −0.335%

Price spread now: GMX against HTX−0.102%7-day average +0.091% · you buy dearer than you sell

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

Long on HTX Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−1.507%−$151 on $10k

Price spread, last 4 days (all we have)+0.711%+$71 · spread now −0.102%, 7d avg +0.091%

Together, before fees−0.796%−$80 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.193% cheaper against HTX than usual: you would sell low and buy high (spread −0.102% now, against its 7-day average of +0.091%). If the spread goes back, that is −$19 on $10k: about 12 hours of funding at the current rate (+$40 a day). Mind the row above: over the last 3 days funding on this pair cost −1.507%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	572.95	0.0100	pay 0.0100% / 8h	2h 27m	$1.1M	$1.5M	20x
Short	GMX XMR/USD [WBTC.b-USDC]	572.36	L +0.1073% / S −0.1427%	get 0.0178% / 1h	27m 48s	$593K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against HTX. 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 HTXbpFee GMXbpOrdersPrice spread, now −0.102%Rate

Funding earned: $278.72
Price spread: −0.102% → +0.091%: −$19.32
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee GMX: 6 bp × 2 orders: −$12
Net: $235.4
Costs to cover: 0.240%
Break-even: 1.1 days

Slippage unknown: HTX: live order book, 1 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 HTX live order book, 1 min ago	14.59 bp	48.7 bp −$49	doesn't fit	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 −0.0003%	1h	572.59	−0.063%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.676%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	572.10	−0.148%	$1.0M	$644K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	572.90	−0.009%	$2K	$1.8M	20x	as long as short
HTX XMR-USDTlong	+0.0100%	8h	572.95	long leg	$1.1M	$1.5M	20x
Aevo XMR-PERP	+0.0232%	1h	573.73	+0.136%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0323%	8h	572.67	−0.049%	$44.9M	$26.2M	50x	as long as short
dYdX XMR-USD	+0.0407%	1h	572.70	−0.044%	$104K	$44K	5x	as long as short
Bitget XMRUSDT	+0.0577%	8h	573.49	+0.094%	$9.4M	$13.3M	50x	as long as short
MEXC XMR_USDT	+0.0616%	8h	573.32	+0.065%	$19.8M	$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	+0.0618%	8h	573.37	+0.074%	$52.5M	$161.1M	75x	as long as short
Gate XMR_USDT	+0.0640%	8h	573.08	+0.023%	$1.5M	$4.3M	50x	as long as short
BingX XMR-USDT	+0.0679%	8h	573.38	+0.075%	—	$5.6M	—	as long as short
Polymarket Perps XMR-USD	+0.0686%	1h	573.45	+0.087%	$27K	$2.2M	5x	as long as short
Bybit XMRUSDT	+0.0706%	8h	573.40	+0.079%	$46.4M	$64.1M	75x	as long as short
Extended XMR-USD	+0.0720%	1h	573.13	+0.032%	$3.0M	$8.2M	25x	as long as short
Kraken Futures PF_XMRUSD	+0.0748%	1h	572.26	−0.121%	$5.4M	$19.1M	50x	as long as short
Aster XMRUSDT	+0.0769%	8h	573.64	+0.121%	$642K	$2.2M	75x	as long as short
Lighter XMR	+0.0856%	1h	573.37	+0.072%	$3.1M	$7.6M	10x	as long as short
Paradex XMR-USD-PERP	+0.0911%	8h	573.37	+0.074%	$8K	$4K	20x	as long as short
Pacifica XMR	+0.0912%	1h	573.84	+0.155%	$265K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1006%	8h	573.02	+0.012%	$345K	$727K	10x	as long as short
BloFin XMR-USDT	+0.1012%	8h	573.19	+0.042%	$2.7M	$11.2M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.1073% / S −0.1427%	1h	572.36	−0.102%	$593K	—	100x
Hyperliquid XMR	+0.1111%	1h	573.30	+0.061%	$86.4M	$71.0M	5x	as long as short
Orderly PERP_XMR_USDC	+0.1188%	8h	573.12	+0.030%	$40K	$695K	10x	as long as short
Variational Omni XMR	+0.1189%	8h	572.35	−0.104%	$6.3M	$2.3M	—	as long as short
SoDEX XMR-USD	+0.1285%	1h	573.29	+0.059%	$436K	$3K	5x	as long as short
Nado XMR-PERP	+0.1291%	1h	573.40	+0.079%	$1.3M	$452K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1386%	1h	573.04	+0.016%	$168K	$532K	20x	as long as short
Aftermath Perps XMRUSD	+0.2075%	1h	572.59	−0.063%	$1K	$43K	10x	as long as short