Settings8H · net · $10k
Funding arb · Price arb /

XMR

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0984%/8h= −107.7% APRnext payment $1.23 per $10,000 · paid last 24h −0.191%
Price spread now: Pacifica against dYdX+0.281%7-day average +0.187% · you sell dearer than you buy
Net, funding: paid 7d − costs−$522as in the Funding arb table
Net, price: spread back to 7d avg − costs−$444as in the Price arb table
costs, in and out, $10k−$4534.531% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.688%−$69 on $10k
Price spread, last 4 days (all we have)+0.095%+$9 · spread now +0.281%, 7d avg +0.187%
Together, before fees−0.593%+ Points / potential airdropPacifica: Active · farm board−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.094% dearer against dYdX than usual: you sell high and buy low (spread +0.281% now, against its 7-day average of +0.187%): +$9 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.688% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.688% in total (about -35.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.23 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XMR-USD595.260.1371pay 0.0171% / 1h43m 21s$108K$50K5x
ShortPacifica XMR596.940.0387get 0.0048% / 1h43m 21s$271K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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

Funding earned
−$206.58
Price spread: +0.281% → +0.187%
$9.4
Slippage, 4 orders
−$435.05
Fee dYdX: 5 bp × 2 orders
−$10
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$650.23
Costs to cover
4.531%
Break-even
never at this rate
Slippage from dYdX: live order book, 40 min ago; Pacifica: live order book, just now.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy dYdX live order book, 40 min ago8.36 bp219.4 bp −$219236.7 bp −$2,367400.9 bp −$40.1K895.9 bp −$448.0K
Sell Pacifica live order book, just now2.43 bp11.6 bp −$12doesn't fitdoesn't fitdoesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h596.74+0.248%$44K150xas long as short
Bybit XMRUSDT+0.0100%8h597.59+0.391%$48.3M$61.4M75xas long as short
edgeX XMRUSDC+0.0100%4h596.23+0.163%$1.1M$667K10xas long as short
SunX XMR-USDT+0.0100%8h594.69−0.097%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h595.48+0.035%$12K3xas long as short
Variational Omni XMR+0.0246%8h597.79+0.424%$6.9M$2.7Mas long as short
Binance XMRUSDT+0.0327%8h597.57+0.387%$54.9M$162.8M75xas long as short
MEXC XMR_USDT+0.0329%8h597.77+0.421%$22.4M$15.0M100xas long as short
BingX XMR-USDT+0.0375%8h597.44+0.365%$5.7Mas long as short
Kraken Futures PF_XMRUSD+0.0383%1h594.40−0.145%$5.7M$20.4M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica XMRshort+0.0387%1h596.94+0.281%$271K$1.0M10x
Bitget XMRUSDT+0.0395%8h598.03+0.465%$10.0M$14.2M50xas long as short
BloFin XMR-USDT+0.0476%8h595.29+0.004%$2.8M$11.4M75xas long as short
Gate XMR_USDT+0.0482%8h596.40+0.191%$1.6M$4.5M50xas long as short
Aster XMRUSDT+0.0526%8h596.76+0.252%$671K$2.3M75xas long as short
KuCoin XMRUSDTM+0.0557%8h597.03+0.297%$48.8M$25.8M50xas long as short
GRVT XMR_USDT_Perp+0.0593%8h595.66+0.066%$354K$785K10xas long as short
Injective XMR/USDC PERP+0.0695%1h591.89−0.567%$3K$6K12xas long as short
Polymarket Perps XMR-USD+0.0744%1h597.78+0.423%$23K$1.8M5xas long as short
SoDEX XMR-USD+0.0775%1h595.17−0.016%$452K$3K5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0823% / S −0.1341%1h596.43+0.197%$341K100xas long as short
Paradex XMR-USD-PERP+0.0865%8h596.57+0.220%$8K$4K20xas long as short
Lighter XMR+0.0872%1h596.56+0.217%$3.5M$6.7M10xas long as short
Orderly PERP_XMR_USDC+0.0910%8h597.04+0.298%$48K$720K10xas long as short
Backpack XMR_USDC_PERP+0.0943%1h594.65−0.103%$202K$575K20xas long as short
dYdX XMR-USDlong+0.1371%1h595.26long leg$108K$50K5x
Nado XMR-PERP+0.1577%1h597.36+0.352%$1.3M$480K10xas long as short
Extended XMR-USD+0.1744%1h596.82+0.261%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1838%1h598.30+0.511%$88.6M$67.4M5xas long as short
HTX XMR-USDT+0.2128%8h594.21−0.177%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2451%1h596.62+0.228%$2K$47K10xas long as short