XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.1350%/8h= +147.8% APRnext payment +$1.69 per $10,000 · paid last 24h +0.184%

Price spread now: GMX against Lighter−0.224%7-day average −0.171% · you buy dearer than you sell

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

Long on Lighter Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.331%+$33 on $10k

Price spread, last 4 days (all we have)+0.072%+$7 · spread now −0.224%, 7d avg −0.171%

Together, before fees+0.403%+ Points / potential airdropLighter: Season 3 · farm board+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. GMX is 0.053% cheaper against Lighter than usual: you would sell low and buy high (spread −0.224% now, against its 7-day average of −0.171%). If the spread goes back, that is −$5 on $10k: about 3 hours of funding at the current rate (+$41 a day). At the pace of the last 3 days (+0.331% in total) that is about 13 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.331% in total (about 35.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.69 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	Lighter XMR	576.25	0.0216	pay 0.0027% / 1h	12m 21s	$3.1M	$6.2M	10x
Short	GMX XMR/USD [WBTC.b-USDC]	574.96	L +0.1170% / S −0.1566%	get 0.0196% / 1h	12m 21s	$596K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX against Lighter. 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 LighterbpFee GMXbpOrdersPrice spread, now −0.224%Rate

Funding earned: $283.52
Price spread: −0.224% → −0.171%: −$5.26
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee GMX: 6 bp × 2 orders: −$12
Net: $266.26
Costs to cover: 0.120%
Break-even: 0.4 days

Slippage unknown: Lighter: live order book, 6 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 Lighter live order book, 6 min ago	3.44 bp	3.8 bp −$4	16.2 bp −$162	112.8 bp −$11.3K	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 −0.0004%	1h	574.48	−0.307%	$32K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.094%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	578.74	+0.433%	$1.0M	$585K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.81	−0.076%	$2K	$1.4M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.00	−0.217%	$1.1M	$1.3M	20x	as long as short
Lighter XMRlong	+0.0216%	1h	576.25	long leg	$3.1M	$6.2M	10x
Extended XMR-USD	+0.0232%	1h	575.80	−0.077%	$3.0M	$8.1M	25x	as long as short
Aevo XMR-PERP	+0.0240%	1h	576.43	+0.032%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0319%	8h	575.69	−0.097%	$45.6M	$21.3M	50x	as long as short
Polymarket Perps XMR-USD	+0.0464%	1h	575.89	−0.062%	$24K	$1.9M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XMR-USD	+0.0495%	1h	575.18	−0.184%	$104K	$43K	5x	as long as short
Bitget XMRUSDT	+0.0593%	8h	576.26	+0.002%	$9.6M	$11.2M	50x	as long as short
BingX XMR-USDT	+0.0596%	8h	576.07	−0.031%	—	$5.3M	—	as long as short
Bybit XMRUSDT	+0.0601%	8h	575.96	−0.050%	$46.8M	$56.0M	75x	as long as short
MEXC XMR_USDT	+0.0620%	8h	576.26	+0.002%	$20.3M	$14.5M	100x	as long as short
Binance XMRUSDT	+0.0621%	8h	576.12	−0.022%	$52.4M	$124.7M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0631%	1h	575.33	−0.159%	$5.4M	$12.4M	50x	as long as short
Gate XMR_USDT	+0.0677%	8h	575.94	−0.053%	$1.6M	$3.3M	50x	as long as short
Paradex XMR-USD-PERP	+0.0749%	8h	576.23	−0.002%	$8K	$3K	20x	as long as short
Aster XMRUSDT	+0.0780%	8h	576.07	−0.031%	$643K	$1.9M	75x	as long as short
Hyperliquid XMR	+0.0784%	1h	575.91	−0.059%	$87.3M	$64.0M	5x	as long as short
SoDEX XMR-USD	+0.0915%	1h	576.10	−0.026%	$438K	$3K	5x	as long as short
Nado XMR-PERP	+0.0919%	1h	576.11	−0.024%	$1.3M	$420K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0983%	8h	579.29	+0.528%	$336K	$665K	10x	as long as short
BloFin XMR-USDT	+0.0990%	8h	576.05	−0.034%	$2.7M	$10.6M	75x	as long as short
Pacifica XMR	+0.1002%	1h	576.34	+0.016%	$268K	$876K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1008%	1h	575.42	−0.144%	$175K	$485K	20x	as long as short
Variational Omni XMR	+0.1063%	8h	578.48	+0.387%	$6.3M	$2.4M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.1170% / S −0.1566%	1h	574.96	−0.224%	$596K	—	100x
Orderly PERP_XMR_USDC	+0.1182%	8h	575.89	−0.062%	$40K	$542K	10x	as long as short
Aftermath Perps XMRUSD	+0.1869%	1h	575.93	−0.055%	$1K	$41K	10x	as long as short