Funding you earn now, next payment 01:00 UTC−0.1351%/8h= −148.0% APRnext payment −$1.69 per $10,000 · paid last 24h −0.100%
Price spread now: Polymarket Perps against Extended−0.028%49s7-day average +0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$260.258% of the position
Funding, last 7 days−0.284%−$28 on $10k
+Price spread, last 7 days+0.083%+$8 · spread now −0.028%, 7d avg +0.039%
=Together, before fees−0.200%+ Points / potential airdropExtended: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and Polymarket Perps is 0.067% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.039%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.284% in total (about -14.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.69 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 | 587.91 | 0.2464 | pay 0.0308% / 1h | 14m 38s | $3.1M | $8.0M | 25x |
| Short | Polymarket Perps XMR-USD | 587.74 | 0.1113 | get 0.0139% / 1h | 14m 38s | $47K | $1.9M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- −$283.79
- Price spread: −0.028% → +0.039%
- −$6.68
- Slippage, 4 orders
- −$12.78
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$316.24
- Costs to cover
- 0.258%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Polymarket Perps: live order book, 4 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 | 2.46 bp | 5.1 bp −$5 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 4 min ago | 3.58 bp | 7.6 bp −$8 | 7.6 bp −$76 | 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 | 586.52 | −0.236% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.506% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 587.75 | −0.027% | $1.0M | $662K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 587.13 | −0.132% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 586.96 | −0.161% | $1.1M | $1.6M | 20x | as long as short |
| dYdX XMR-USD | +0.0106% | 1h | 585.89 | −0.342% | $106K | $50K | 5x | as long as short |
| Aevo XMR-PERP | +0.0184% | 1h | 587.18 | −0.123% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0425% | 8h | 587.56 | −0.059% | $21.3M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0428% | 8h | 587.85 | −0.009% | $53.6M | $167.1M | 75x | as long as short |
| Bitget XMRUSDT | +0.0553% | 8h | 587.84 | −0.011% | $9.7M | $14.5M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XMR-USDT | +0.0616% | 8h | 587.79 | −0.020% | $2.8M | $11.5M | 75x | as long as short |
| Aster XMRUSDT | +0.0617% | 8h | 586.94 | −0.164% | $652K | $2.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0648% | 1h | 586.45 | −0.247% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 587.65 | −0.043% | $278K | $1.1M | 10x | as long as short |
| Gate XMR_USDT | +0.0717% | 8h | 587.25 | −0.112% | $1.6M | $4.6M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0719% | 8h | 587.62 | −0.049% | $48.2M | $26.1M | 50x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0869% / S −0.2458% | 1h | 586.31 | −0.272% | $546K | — | 100x | as long as short |
| GRVT XMR_USDT_Perp | +0.0869% | 8h | 586.60 | −0.222% | $347K | $792K | 10x | as long as short |
| Variational Omni XMR | +0.0884% | 8h | 587.59 | −0.053% | $6.7M | $2.6M | — | as long as short |
| Backpack XMR_USDC_PERP | +0.0971% | 1h | 587.12 | −0.134% | $184K | $535K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1041% | 8h | 587.41 | −0.084% | $42K | $739K | 10x | as long as short |
| BingX XMR-USDT | +0.1111% | 8h | 588.26 | +0.060% | — | $5.8M | — | as long as short |
| Polymarket Perps XMR-USDshort | +0.1113% | 1h | 587.74 | −0.028% | $47K | $1.9M | 5x | |
| Bybit XMRUSDT | +0.1196% | 8h | 587.53 | −0.064% | $47.3M | $64.8M | 75x | as long as short |
| SoDEX XMR-USD | +0.1216% | 1h | 587.40 | −0.086% | $446K | $3K | 5x | as long as short |
| Lighter XMR | +0.1216% | 1h | 587.48 | −0.072% | $3.3M | $7.2M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1271% | 8h | 587.26 | −0.109% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.1405% | 1h | 587.89 | −0.003% | $1.3M | $465K | 10x | as long as short |
| Hyperliquid XMR | +0.1947% | 1h | 587.53 | −0.064% | $89.2M | $73.1M | 5x | as long as short |
| Extended XMR-USDlong | +0.2464% | 1h | 587.91 | long leg | $3.1M | $8.0M | 25x | |
| Aftermath Perps XMRUSD | +0.2650% | 1h | 587.84 | −0.012% | $1K | $46K | 10x | as long as short |
Extended XMR-USD
Polymarket Perps XMR-USD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Bitget XMRUSDT
BloFin XMR-USDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
Gate XMR_USDT
KuCoin XMRUSDTM
GMX XMR/USD [WBTC.b-USDC]
GRVT XMR_USDT_Perp
Variational Omni XMR
Backpack XMR_USDC_PERP
BingX XMR-USDT
Bybit XMRUSDT
SoDEX XMR-USD
Lighter XMR
Paradex XMR-USD-PERP
Hyperliquid XMR
Aftermath Perps XMRUSD