XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0553%/8h= −60.5% APRnext payment −$5.53 per $10,000 · paid last 24h +0.301%

Price spread now: Orderly against Bybit−0.152%7-day average −0.011% · you buy dearer than you sell

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

Long on Bybit Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 7 days+1.064%+$106 on $10k

Price spread, last 3 days (all we have)+0.099%+$10 · spread now −0.152%, 7d avg −0.011%

Together, before fees+1.162%+$116 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Orderly is 0.141% cheaper against Bybit than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.011%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +1.064%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XMRUSDT	593.34	0.1573	pay 0.1573% / 8h	7h 38m	$47.7M	$64.7M	75x
Short	Orderly PERP_XMR_USDC	592.44	0.1020	get 0.1020% / 8h	7h 38m	$42K	$738K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Bybit. 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 BybitbpFee OrderlybpOrdersPrice spread, now −0.152%Rate

Funding earned: −$116.08
Price spread: −0.152% → −0.011%: −$14.08
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$147.16
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Bybit: live order book, 5 min ago; Orderly: 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 Bybit live order book, 5 min ago	0.51 bp	11.4 bp −$11	24.3 bp −$243	89.2 bp −$8,915	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	591.22	−0.357%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.576%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0087%	1h	590.79	−0.431%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.17	−0.366%	$1.0M	$659K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	591.64	−0.287%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	589.59	−0.632%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0184%	1h	592.33	−0.171%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0417%	8h	592.96	−0.064%	$21.6M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0419%	8h	593.03	−0.053%	$54.3M	$166.9M	75x	as long as short
Bitget XMRUSDT	+0.0515%	8h	592.87	−0.079%	$9.8M	$14.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0601%	8h	592.61	−0.123%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0631%	8h	592.65	−0.116%	$656K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0644%	1h	590.93	−0.407%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	593.08	−0.044%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0669%	8h	592.54	−0.135%	$48.6M	$26.2M	50x	as long as short
Variational Omni XMR	+0.0778%	8h	592.85	−0.082%	$6.7M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0871% / S −0.2452%	1h	590.92	−0.409%	$550K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.0883%	1h	592.21	−0.190%	$201K	$549K	20x	as long as short
Orderly PERP_XMR_USDCshort	+0.1020%	8h	592.44	−0.152%	$42K	$738K	10x
Gate XMR_USDT	+0.1085%	8h	592.52	−0.138%	$1.6M	$4.6M	50x	as long as short
Paradex XMR-USD-PERP	+0.1135%	8h	592.70	−0.107%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1224%	1h	592.81	−0.090%	$3.3M	$7.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1240%	8h	589.84	−0.590%	$345K	$805K	10x	as long as short
Polymarket Perps XMR-USD	+0.1338%	1h	592.42	−0.155%	$48K	$1.9M	5x	as long as short
Nado XMR-PERP	+0.1346%	1h	592.41	−0.156%	$1.3M	$467K	10x	as long as short
BingX XMR-USDT	+0.1375%	8h	592.95	−0.066%	—	$5.8M	—	as long as short
SoDEX XMR-USD	+0.1482%	1h	592.57	−0.130%	$450K	$3K	5x	as long as short
Bybit XMRUSDTlong	+0.1573%	8h	593.34	long leg	$47.7M	$64.7M	75x
Hyperliquid XMR	+0.2059%	1h	593.49	+0.025%	$89.8M	$72.3M	5x	as long as short
Extended XMR-USD	+0.2400%	1h	592.96	−0.064%	$3.2M	$7.8M	25x	as long as short
Aftermath Perps XMRUSD	+0.2523%	1h	591.07	−0.382%	$1K	$46K	10x	as long as short