XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.034%

Price spread now: Hyperliquid against Extended+0.055%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$79as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$320.315% of the position

Long on Extended Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.472%−$47 on $10k

Price spread, last 7 days−0.095%−$10 · spread now +0.055%, 7d avg +0.012%

Together, before fees−0.567%+ Points / potential airdropExtended: Active · Hyperliquid: Season 2 · farm board−$57 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Hyperliquid is 0.044% dearer against Extended than usual: you sell high and buy low (spread +0.055% now, against its 7-day average of +0.012%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 7.2 days. At the pace of the last 7 days (−0.472% in total) that is about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XMR-USD	598.72	0.1744	pay 0.0218% / 1h	34m 48s	$3.2M	$6.9M	25x
Short	Hyperliquid XMR	599.05	0.1724	get 0.0215% / 1h	34m 48s	$90.4M	$70.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid 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 HyperliquidbpOrdersPrice spread, now +0.055%Rate

Funding earned: −$4.26
Price spread: +0.055% → +0.012%: $4.36
Slippage, 4 orders: −$17.51
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$31.41
Costs to cover: 0.315%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Hyperliquid: live order book, 9 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, 4 min ago	2.58 bp	5.2 bp −$5	10.4 bp −$104	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 9 min ago	0.08 bp	8.1 bp −$8	doesn't fit	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 −0.0009%	1h	597.53	−0.198%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	598.78	+0.010%	$49.0M	$63.1M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	599.04	+0.054%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	597.94	−0.130%	$2K	$2.0M	20x	as long as short
Lighter XMR	+0.0120%	1h	598.19	−0.089%	$3.4M	$6.9M	10x	as long as short
Aevo XMR-PERP	+0.0160%	1h	598.34	−0.063%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0233%	1h	597.88	−0.140%	$204K	$575K	20x	as long as short
MEXC XMR_USDT	+0.0317%	8h	598.70	−0.003%	$22.2M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0318%	8h	598.44	−0.047%	$54.8M	$164.3M	75x	as long as short
BingX XMR-USDT	+0.0409%	8h	598.88	+0.027%	—	$5.7M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0430%	8h	598.64	−0.013%	$10.0M	$14.3M	50x	as long as short
Variational Omni XMR	+0.0439%	8h	599.98	+0.210%	$6.9M	$2.6M	—	as long as short
BloFin XMR-USDT	+0.0446%	8h	598.51	−0.035%	$2.8M	$11.7M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0460%	1h	597.37	−0.225%	$5.7M	$20.5M	50x	as long as short
Gate XMR_USDT	+0.0502%	8h	597.92	−0.133%	$1.7M	$4.6M	50x	as long as short
Pacifica XMR	+0.0565%	1h	598.48	−0.040%	$281K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0573%	8h	598.27	−0.075%	$48.9M	$26.0M	50x	as long as short
Aster XMRUSDT	+0.0587%	8h	598.19	−0.088%	$683K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0594%	8h	599.70	+0.165%	$352K	$794K	10x	as long as short
Polymarket Perps XMR-USD	+0.0689%	1h	598.78	+0.010%	$22K	$1.7M	5x	as long as short
SoDEX XMR-USD	+0.0693%	1h	598.41	−0.051%	$455K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0850%	8h	598.18	−0.089%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0883% / S −0.2497%	1h	597.46	−0.210%	$564K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0946%	8h	598.35	−0.061%	$44K	$729K	10x	as long as short
Nado XMR-PERP	+0.1160%	1h	598.27	−0.075%	$1.3M	$476K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.327%	$3K	$6K	12x	as long as short
Hyperliquid XMRshort	+0.1724%	1h	599.05	+0.055%	$90.4M	$70.4M	5x
Extended XMR-USDlong	+0.1744%	1h	598.72	long leg	$3.2M	$6.9M	25x
HTX XMR-USDT	+0.1986%	8h	597.75	−0.162%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2312%	1h	598.73	+0.003%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.2574%	1h	597.01	−0.285%	$108K	$50K	5x	as long as short