Spread before costs (cost unknown: a leg has no order-book sample)−0.017%
7d average−0.183%if it closes, per $10,000$2funding while held, a day+$51.83
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps XMR-USD | 569.74 | 0.0100 | pay 0.0013% / 1h | 49m 23s | $16K | $1.7M | 5x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 569.65 | L +0.1057% / S −0.1828% | get 0.0228% / 1h | 49m 23s | $247K | — | 100x |
Polymarket Perps XMR-USD
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
- −$1.66
- Funding while held
- $51.83
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $30.17
- Spread needed to break even
- 0.200%
Slippage unknown: Polymarket Perps: live order book, 6 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 Polymarket Perps live order book, 6 min ago | 2.89 bp | 7.0 bp −$7 | 7.2 bp −$72 | 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 Futures569.15cheapestgTrade (Gains Network)569.34+0.032%
Kraken Futures
gTrade (Gains Network)GMX569.65+0.086%
Polymarket Perps569.74+0.103%
Lighter569.78+0.110%KuCoin569.78+0.110%SunX569.78+0.110%MEXC569.82+0.117%Bybit569.83+0.119%Hyperliquid569.86+0.124%Binance569.86+0.124%Gate569.92+0.135%Aster569.96+0.141%Paradex569.97+0.143%dYdX570.00+0.149%Bitget570.00+0.149%HTX570.01+0.150%Extended570.02+0.152%Backpack570.06+0.159%Nado570.08+0.162%BingX570.08+0.163%Pacifica570.11+0.168%BloFin570.12+0.170%Aftermath Perps570.23+0.189%SoDEX570.24+0.191%Aevo570.44+0.225%Orderly570.59+0.252%edgeX570.63+0.260%Variational Omni571.10+0.343%Injective578.59+1.658%
Lighter
KuCoin
SunX
MEXC
Bybit
Hyperliquid
Binance
Gate
Aster
Paradex
dYdX
Bitget
HTX
Extended
Backpack
Nado
BingX
Pacifica
BloFin
SoDEX
Aevo
Orderly
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 | −0.103% | +0.0309% | 1h | $5.6M | $18.3M | 50x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.071% | L +0.0010% / S −0.0008% | 1h | $32K | — | 150x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | −0.017% | L +0.1057% / S −0.1828% | 1h | $247K | — | 100x | |
| Polymarket Perps XMR-USDlong | 0.000% | +0.0100% | 1h | $16K | $1.7M | 5x | |
| Lighter XMR | +0.007% | +0.0096% | 1h | $3.5M | $5.9M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.007% | +0.0527% | 8h | $46.3M | $24.2M | 50x | as long as short |
| SunX XMR-USDT | +0.007% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| MEXC XMR_USDT | +0.014% | +0.0453% | 8h | $21.3M | $14.2M | 100x | as long as short |
| Bybit XMRUSDT | +0.016% | +0.0100% | 8h | $45.4M | $56.9M | 75x | as long as short |
| Hyperliquid XMR | +0.021% | +0.0100% | 1h | $80.0M | $57.2M | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.021% | +0.0451% | 8h | $53.6M | $156.0M | 75x | as long as short |
| Gate XMR_USDT | +0.032% | +0.0100% | 8h | $1.5M | $4.2M | 50x | as long as short |
| Aster XMRUSDT | +0.038% | +0.0684% | 8h | $670K | $2.4M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.040% | +0.0469% | 8h | $8K | $3K | 20x | as long as short |
| dYdX XMR-USD | +0.046% | +1.3574% | 1h | $103K | $43K | 5x | as long as short |
| Bitget XMRUSDT | +0.046% | +0.0611% | 8h | $9.8M | $14.5M | 50x | as long as short |
| HTX XMR-USDT | +0.047% | +0.0100% | 8h | $1.1M | $1.4M | 20x | as long as short |
| Extended XMR-USD | +0.049% | +0.0432% | 1h | $3.2M | $6.9M | 25x | as long as short |
| Backpack XMR_USDC_PERP | +0.056% | +0.0262% | 1h | $162K | $529K | 20x | as long as short |
| Nado XMR-PERP | +0.059% | +0.0276% | 1h | $1.3M | $459K | 10x | as long as short |
| BingX XMR-USDT | +0.060% | +0.0596% | 8h | — | $5.7M | — | as long as short |
| Pacifica XMR | +0.065% | +0.0316% | 1h | $270K | $1.1M | 10x | as long as short |
| BloFin XMR-USDT | +0.067% | +0.0590% | 8h | $2.8M | $10.3M | 75x | as long as short |
| Aftermath Perps XMRUSD | +0.086% | +0.1786% | 1h | $1K | $47K | 10x | as long as short |
| SoDEX XMR-USD | +0.088% | +0.0100% | 1h | $433K | $4K | 5x | as long as short |
| Aevo XMR-PERP | +0.122% | +0.0192% | 1h | $12K | — | 3x | as long as short |
| Orderly PERP_XMR_USDC | +0.149% | +0.1086% | 8h | $52K | $710K | 10x | as long as short |
| edgeX XMRUSDC | +0.157% | +0.0100% | 4h | $1.0M | $681K | 10x | as long as short |
| Variational Omni XMR | +0.239% | +0.0607% | 8h | $6.8M | $4.3M | — | as long as short |
| Injective XMR/USDC PERP | +1.553% | +0.0033% | 1h | $3K | $85K | 12x | as long as short |