Funding you earn now, next payment 22:00 UTC+0.0795%/8h= +87.0% APRnext payment +$0.99 per $10,000 · paid last 24h +0.080%
Price spread now: GMX against Pacifica−0.080%7-day average −0.177% · 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)+0.234%+$23 on $10k
+Price spread, last 3 days (all we have)+0.044%+$4 · spread now −0.080%, 7d avg −0.177%
=Together, before fees+0.277%+ Points / potential airdropPacifica: Active · farm board+$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and GMX is 0.096% dearer against Pacifica than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.177%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.234% in total (about 27.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.99 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 | Pacifica XMR | 596.32 | 0.0619 | pay 0.0077% / 1h | 8m 02s | $272K | $1.0M | 10x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 595.84 | L +0.0844% / S −0.1414% | get 0.0177% / 1h | 8m 02s | $355K | — | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Pacifica. 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
- $166.94
- Price spread: −0.080% → −0.177%
- $9.63
- Slippage, 4 orders
- no order book: not counted
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $156.57
- Costs to cover
- 0.200%
- Break-even
- 0.4 days
Slippage unknown: Pacifica: 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 Pacifica live order book, 1 min ago | 4.11 bp | 12.6 bp −$13 | 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 −0.0009% | 1h | 595.91 | −0.069% | $44K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.743% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 595.97 | −0.059% | $48.0M | $61.2M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 598.86 | +0.427% | $1.1M | $672K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 596.14 | −0.030% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 597.14 | +0.138% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0261% | 8h | 598.61 | +0.383% | $7.0M | $2.7M | — | as long as short |
| Lighter XMR | +0.0280% | 1h | 596.58 | +0.043% | $3.5M | $6.7M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0289% | 1h | 596.86 | +0.090% | $24K | $1.8M | 5x | as long as short |
| Binance XMRUSDT | +0.0339% | 8h | 596.43 | +0.018% | $54.7M | $162.5M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0341% | 8h | 596.85 | +0.089% | $22.7M | $15.3M | 100x | as long as short |
| BingX XMR-USDT | +0.0362% | 8h | 596.46 | +0.023% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0377% | 8h | 596.33 | +0.002% | $9.9M | $14.2M | 50x | as long as short |
| Gate XMR_USDT | +0.0439% | 8h | 595.91 | −0.069% | $1.6M | $4.5M | 50x | as long as short |
| SoDEX XMR-USD | +0.0442% | 1h | 596.63 | +0.052% | $453K | $3K | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.0471% | 1h | 596.09 | −0.039% | $203K | $574K | 20x | as long as short |
| BloFin XMR-USDT | +0.0492% | 8h | 597.64 | +0.221% | $2.8M | $11.5M | 75x | as long as short |
| Aster XMRUSDT | +0.0530% | 8h | 596.32 | −0.001% | $680K | $2.3M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0588% | 8h | 596.01 | −0.052% | $49.2M | $25.5M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0595% | 8h | 598.72 | +0.403% | $348K | $782K | 10x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0610% | 1h | 595.99 | −0.055% | $5.7M | $20.4M | 50x | as long as short |
| Pacifica XMRlong | +0.0619% | 1h | 596.32 | long leg | $272K | $1.0M | 10x | |
| Paradex XMR-USD-PERP | +0.0782% | 8h | 596.75 | +0.073% | $8K | $4K | 20x | as long as short |
| dYdX XMR-USD | +0.0842% | 1h | 595.76 | −0.094% | $108K | $50K | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | L +0.0844% / S −0.1414% | 1h | 595.84 | −0.080% | $355K | — | 100x | |
| Orderly PERP_XMR_USDC | +0.0895% | 8h | 596.59 | +0.045% | $48K | $718K | 10x | as long as short |
| Nado XMR-PERP | +0.1043% | 1h | 596.84 | +0.087% | $1.3M | $479K | 10x | as long as short |
| Extended XMR-USD | +0.1384% | 1h | 596.27 | −0.008% | $3.2M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1583% | 1h | 597.02 | +0.117% | $87.6M | $66.5M | 5x | as long as short |
| HTX XMR-USDT | +0.2265% | 8h | 595.89 | −0.072% | $1.1M | $1.4M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2321% | 1h | 596.90 | +0.098% | $2K | $47K | 10x | as long as short |
Pacifica XMR
GMX XMR/USD [WBTC.b-USDC]
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Variational Omni XMR
Lighter XMR
Polymarket Perps XMR-USD
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Gate XMR_USDT
SoDEX XMR-USD
Backpack XMR_USDC_PERP
BloFin XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
GRVT XMR_USDT_Perp
Kraken Futures PF_XMRUSD
Paradex XMR-USD-PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD