XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0367%/8h= −40.2% APRnext payment −$0.46 per $10,000 · paid last 24h +0.059%

Price spread now: dYdX against Extended−0.313%7-day average −0.184% · you buy dearer than you sell

Net, funding: paid 7d − costs−$345as in the Funding arb table

Net, price: spread back to 7d avg − costs−$369as in the Price arb table

costs, in and out, $10k−$3563.559% of the position

Long on Extended Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.110%+$11 on $10k

Price spread, last 4 days (all we have)−0.074%−$7 · spread now −0.313%, 7d avg −0.184%

Together, before fees+0.037%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and dYdX is 0.129% cheaper against Extended than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.184%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.110%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.110% in total (about 5.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.46 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	Extended XMR-USD	576.33	0.0704	pay 0.0088% / 1h	17m 17s	$3.0M	$8.2M	25x
Short	dYdX XMR-USD	574.53	0.0337	get 0.0042% / 1h	17m 17s	$104K	$44K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Extended. 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 ExtendedbpFee dYdXbpOrdersPrice spread, now −0.313%Rate

Funding earned: −$77.08
Price spread: −0.313% → −0.184%: −$12.86
Slippage, 4 orders: −$340.92
Fee Extended: 2.5 bp × 2 orders: −$5
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$445.86
Costs to cover: 3.559%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; dYdX: live order book, 32 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 Extended live order book, 2 min ago	1.65 bp	4.4 bp −$4	10.8 bp −$108	doesn't fit	doesn't fit
Sell dYdX live order book, 32 min ago	85.26 bp	246.9 bp −$247	270.5 bp −$2,705	429.5 bp −$42.9K	1160.4 bp −$580.2K

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 −0.0003%	1h	575.11	−0.211%	$38K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.079%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	575.74	−0.103%	$1.0M	$642K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.51	−0.142%	$2K	$1.8M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.00	−0.231%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0240%	1h	576.68	+0.061%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0323%	8h	576.02	−0.054%	$45.3M	$26.2M	50x	as long as short
dYdX XMR-USDshort	+0.0337%	1h	574.53	−0.313%	$104K	$44K	5x
Bitget XMRUSDT	+0.0583%	8h	576.59	+0.045%	$9.5M	$13.2M	50x	as long as short
MEXC XMR_USDT	+0.0625%	8h	576.60	+0.047%	$20.0M	$14.6M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0626%	8h	576.60	+0.047%	$52.7M	$160.5M	75x	as long as short
Gate XMR_USDT	+0.0664%	8h	575.48	−0.147%	$1.6M	$4.3M	50x	as long as short
BingX XMR-USDT	+0.0669%	8h	576.66	+0.057%	—	$5.6M	—	as long as short
Polymarket Perps XMR-USD	+0.0670%	1h	576.26	−0.012%	$27K	$2.1M	5x	as long as short
Extended XMR-USDlong	+0.0704%	1h	576.33	long leg	$3.0M	$8.2M	25x
Bybit XMRUSDT	+0.0706%	8h	576.39	+0.011%	$46.7M	$64.0M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0744%	1h	575.07	−0.219%	$5.4M	$19.0M	50x	as long as short
Aster XMRUSDT	+0.0784%	8h	575.91	−0.073%	$648K	$2.2M	75x	as long as short
Lighter XMR	+0.0880%	1h	576.17	−0.028%	$3.1M	$7.6M	10x	as long as short
Paradex XMR-USD-PERP	+0.0891%	8h	576.18	−0.026%	$8K	$4K	20x	as long as short
Pacifica XMR	+0.0912%	1h	576.13	−0.034%	$266K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1020%	8h	575.69	−0.111%	$346K	$727K	10x	as long as short
BloFin XMR-USDT	+0.1030%	8h	575.88	−0.078%	$2.7M	$11.2M	75x	as long as short
Hyperliquid XMR	+0.1062%	1h	576.33	0.000%	$87.0M	$70.9M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1085% / S −0.1451%	1h	575.14	−0.206%	$595K	—	100x	as long as short
Variational Omni XMR	+0.1174%	8h	575.62	−0.122%	$6.4M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1193%	8h	576.34	+0.002%	$41K	$674K	10x	as long as short
Nado XMR-PERP	+0.1244%	1h	576.50	+0.031%	$1.3M	$450K	10x	as long as short
SoDEX XMR-USD	+0.1317%	1h	576.21	−0.021%	$438K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1415%	1h	575.84	−0.085%	$169K	$532K	20x	as long as short
Aftermath Perps XMRUSD	+0.2041%	1h	575.15	−0.205%	$2K	$42K	10x	as long as short