XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0883%/8h= +96.7% APRnext payment +$1.10 per $10,000 · paid last 24h −0.052%

Price spread now: Nado against dYdX+0.296%7-day average +0.246% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$407as in the Price arb table

costs, in and out, $10k−$4124.122% of the position

Long on dYdX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.158%+$16 on $10k

Price spread, last 4 days (all we have)+2.623%+$262 · spread now +0.296%, 7d avg +0.246%

Together, before fees+2.781%+ Points / potential airdropNado: Active · farm board+$278 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Nado is 0.049% dearer against dYdX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.246%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.158% in total (about 17.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.10 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	dYdX XMR-USD	574.43	0.0337	pay 0.0042% / 1h	51m 51s	$104K	$44K	5x
Short	Nado XMR-PERP	576.13	0.1219	get 0.0152% / 1h	51m 51s	$1.3M	$460K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against dYdX. 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 dYdXbpFee NadobpOrdersPrice spread, now +0.296%Rate

Funding earned: $185.36
Price spread: +0.296% → +0.246%: $4.95
Slippage, 4 orders: −$395.16
Fee dYdX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$221.85
Costs to cover: 4.122%
Break-even: 15.4 days

Slippage from dYdX: live order book, 2 min ago; Nado: live order book, 2 min ago.

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 dYdX live order book, 2 min ago	75.75 bp	91.9 bp −$92	93.1 bp −$931	147.8 bp −$14.8K	963.7 bp −$481.8K
Sell Nado live order book, 2 min ago	5.55 bp	12.5 bp −$13	36.4 bp −$364	doesn't fit	doesn't fit

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 −0.0008%	1h	575.07	+0.111%	$50K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.413%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	575.89	+0.254%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.46	+0.179%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.59	+0.202%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	576.15	+0.300%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0225%	1h	574.46	+0.005%	$5.4M	$19.4M	50x	as long as short
dYdX XMR-USDlong	+0.0337%	1h	574.43	long leg	$104K	$44K	5x
KuCoin XMRUSDTM	+0.0383%	8h	575.27	+0.146%	$45.0M	$26.5M	50x	as long as short
Lighter XMR	+0.0456%	1h	575.75	+0.230%	$3.2M	$7.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDT	+0.0467%	8h	575.05	+0.108%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0487%	8h	575.97	+0.268%	—	$5.6M	—	as long as short
Bybit XMRUSDT	+0.0502%	8h	575.96	+0.266%	$46.9M	$64.5M	75x	as long as short
Bitget XMRUSDT	+0.0515%	8h	575.90	+0.255%	$9.5M	$13.7M	50x	as long as short
MEXC XMR_USDT	+0.0519%	8h	575.85	+0.247%	$20.0M	$14.7M	100x	as long as short
Binance XMRUSDT	+0.0519%	8h	575.87	+0.251%	$52.7M	$164.1M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0529%	1h	575.38	+0.165%	$170K	$534K	20x	as long as short
Pacifica XMR	+0.0682%	1h	576.01	+0.275%	$266K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0688%	8h	575.75	+0.229%	$638K	$2.3M	75x	as long as short
Extended XMR-USD	+0.0736%	1h	575.76	+0.231%	$3.1M	$8.4M	25x	as long as short
Polymarket Perps XMR-USD	+0.0821%	1h	575.86	+0.249%	$28K	$2.2M	5x	as long as short
BloFin XMR-USDT	+0.0844%	8h	575.88	+0.252%	$2.7M	$11.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0902%	8h	575.55	+0.194%	$345K	$721K	10x	as long as short
Paradex XMR-USD-PERP	+0.0931%	8h	576.11	+0.292%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1254%	1h	574.61	+0.030%	$592K	—	100x	as long as short
Variational Omni XMR	+0.1063%	8h	575.28	+0.148%	$6.5M	$2.2M	—	as long as short
Orderly PERP_XMR_USDC	+0.1129%	8h	575.82	+0.242%	$40K	$735K	10x	as long as short
Nado XMR-PERPshort	+0.1219%	1h	576.13	+0.296%	$1.3M	$460K	10x
Hyperliquid XMR	+0.1245%	1h	575.78	+0.235%	$86.6M	$71.1M	5x	as long as short
SoDEX XMR-USD	+0.1504%	1h	575.90	+0.255%	$438K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1929%	1h	575.87	+0.251%	$1K	$44K	10x	as long as short