Funding you earn now, next payment 05:00 UTC−0.0088%/8h= −9.7% APRnext payment −$0.11 per $10,000 · paid last 24h −0.195%
Price spread now: Polymarket Perps against dYdX+0.101%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$2972.969% of the position
Funding, last 7 days−0.413%−$41 on $10k
+Price spread, last 4 days (all we have)+2.835%+$284 · spread now +0.101%, 7d avg +0.236%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.135% cheaper against dYdX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.236%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XMR-USD | 574.43 | 0.0591 | pay 0.0074% / 1h | 57m 24s | $104K | $44K | 5x |
| Short | Polymarket Perps XMR-USD | 575.01 | 0.0503 | get 0.0063% / 1h | 57m 24s | $25K | $2.1M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against dYdX. 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
- −$18.57
- Price spread: +0.101% → +0.236%
- −$13.55
- Slippage, 4 orders
- −$278.86
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$328.98
- Costs to cover
- 2.969%
- Break-even
- never at this rate
Slippage from dYdX: live order book, 61 min ago; Polymarket Perps: live order book, 1 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, 61 min ago | 134.90 bp | 143.0 bp −$143 | 143.3 bp −$1,433 | 311.7 bp −$31.2K | 1443.0 bp −$721.5K |
| Sell Polymarket Perps live order book, 1 min ago | 2.52 bp | 7.2 bp −$7 | 7.3 bp −$73 | 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 | 574.11 | −0.056% | $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 | 576.01 | +0.275% | $1.0M | $644K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 575.13 | +0.121% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 575.55 | +0.195% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 575.33 | +0.156% | $12K | — | 3x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0225% | 1h | 573.67 | −0.132% | $5.4M | $19.4M | 50x | as long as short |
| Lighter XMR | +0.0344% | 1h | 575.39 | +0.167% | $3.2M | $7.5M | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0348% | 1h | 575.13 | +0.121% | $170K | $534K | 20x | as long as short |
| KuCoin XMRUSDTM | +0.0388% | 8h | 574.55 | +0.020% | $45.0M | $26.5M | 50x | 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 | +0.0447% | 8h | 574.82 | +0.067% | $1.6M | $4.5M | 50x | as long as short |
| Bybit XMRUSDT | +0.0478% | 8h | 575.35 | +0.160% | $46.9M | $64.4M | 75x | as long as short |
| BingX XMR-USDT | +0.0487% | 8h | 575.42 | +0.172% | — | $5.6M | — | as long as short |
| Polymarket Perps XMR-USDshort | +0.0503% | 1h | 575.01 | +0.101% | $25K | $2.1M | 5x | |
| Bitget XMRUSDT | +0.0511% | 8h | 575.32 | +0.155% | $9.4M | $13.7M | 50x | as long as short |
| MEXC XMR_USDT | +0.0513% | 8h | 575.49 | +0.184% | $20.2M | $14.7M | 100x | as long as short |
| Binance XMRUSDT | +0.0513% | 8h | 575.33 | +0.157% | $52.6M | $164.2M | 75x | as long as short |
| dYdX XMR-USDlong | +0.0591% | 1h | 574.43 | long leg | $104K | $44K | 5x | |
| Pacifica XMR | +0.0682% | 1h | 575.75 | +0.230% | $266K | $1.0M | 10x | as long as short |
| Aster XMRUSDT | +0.0683% | 8h | 575.14 | +0.123% | $638K | $2.3M | 75x | as long as short |
| Extended XMR-USD | +0.0728% | 1h | 575.10 | +0.117% | $3.1M | $8.4M | 25x | as long as short |
| BloFin XMR-USDT | +0.0823% | 8h | 575.79 | +0.236% | $2.7M | $11.2M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0902% | 8h | 575.97 | +0.268% | $345K | $721K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0925% | 8h | 575.74 | +0.228% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.0934% | 1h | 575.77 | +0.233% | $1.3M | $460K | 10x | as long as short |
| Hyperliquid XMR | +0.0986% | 1h | 575.31 | +0.153% | $86.6M | $71.2M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0989% / S −0.1254% | 1h | 573.88 | −0.096% | $591K | — | 100x | as long as short |
| Variational Omni XMR | +0.1050% | 8h | 576.81 | +0.415% | $6.6M | $2.2M | — | as long as short |
| SoDEX XMR-USD | +0.1095% | 1h | 575.22 | +0.137% | $437K | $3K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.1126% | 8h | 575.12 | +0.120% | $40K | $735K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1931% | 1h | 575.40 | +0.169% | $1K | $44K | 10x | as long as short |
Polymarket Perps XMR-USD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Lighter XMR
Backpack XMR_USDC_PERP
KuCoin XMRUSDTM
Gate XMR_USDT
Bybit XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Pacifica XMR
Aster XMRUSDT
Extended XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
Hyperliquid XMR
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
SoDEX XMR-USD
Aftermath Perps XMRUSD