Funding you earn now, next payment 22:00 UTC−0.0322%/8h= −35.3% APRnext payment −$0.40 per $10,000 · paid last 24h +0.050%
Price spread now: Extended against Hyperliquid−0.216%7-day average −0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs+$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days+0.479%+$48 on $10k
+Price spread, last 7 days+0.242%+$24 · spread now −0.216%, 7d avg −0.008%
=Together, before fees+0.721%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board+$72 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Extended is 0.207% cheaper against Hyperliquid than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of −0.008%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.479%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XMR | 597.55 | 0.1586 | pay 0.0198% / 1h | 16m 12s | $87.5M | $66.3M | 5x |
| Short | Extended XMR-USD | 596.26 | 0.1264 | get 0.0158% / 1h | 16m 12s | $3.1M | $6.8M | 25x |
Hyperliquid XMR
Extended XMR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- −$67.71
- Price spread: −0.216% → −0.008%
- −$20.72
- Slippage, 4 orders
- −$14.37
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$116.8
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 8 min ago; Extended: live order book, 3 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 Hyperliquid live order book, 8 min ago | 0.84 bp | 7.7 bp −$8 | 11.2 bp −$112 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 2.26 bp | 5.9 bp −$6 | 11.3 bp −$113 | 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 | 595.82 | −0.289% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.947% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 596.26 | −0.216% | $47.9M | $61.0M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 597.29 | −0.043% | $1.1M | $673K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 595.88 | −0.279% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 596.72 | −0.139% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0272% | 8h | 595.94 | −0.270% | $6.9M | $2.8M | — | as long as short |
| Polymarket Perps XMR-USD | +0.0281% | 1h | 596.89 | −0.110% | $24K | $1.8M | 5x | as long as short |
| Lighter XMR | +0.0288% | 1h | 596.24 | −0.220% | $3.5M | $6.7M | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0352% | 1h | 596.11 | −0.241% | $203K | $576K | 20x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Variational Omni XMR
Polymarket Perps XMR-USD
Lighter XMR
Backpack XMR_USDC_PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0352% | 8h | 596.45 | −0.184% | $22.7M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0352% | 8h | 596.29 | −0.211% | $54.6M | $162.3M | 75x | as long as short |
| BingX XMR-USDT | +0.0365% | 8h | 596.75 | −0.134% | — | $5.8M | — | as long as short |
| Bitget XMRUSDT | +0.0381% | 8h | 596.82 | −0.122% | $9.9M | $14.2M | 50x | as long as short |
| SoDEX XMR-USD | +0.0396% | 1h | 596.44 | −0.186% | $453K | $3K | 5x | as long as short |
| Gate XMR_USDT | +0.0406% | 8h | 595.62 | −0.323% | $1.6M | $4.5M | 50x | as long as short |
| BloFin XMR-USDT | +0.0498% | 8h | 597.11 | −0.074% | $2.8M | $11.4M | 75x | as long as short |
| Aster XMRUSDT | +0.0542% | 8h | 596.40 | −0.192% | $674K | $2.3M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0585% | 8h | 596.37 | −0.197% | $49.3M | $25.5M | 50x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0611% | 1h | 595.46 | −0.350% | $5.7M | $20.4M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0611% | 8h | 597.24 | −0.052% | $350K | $782K | 10x | as long as short |
| Pacifica XMR | +0.0619% | 1h | 596.87 | −0.114% | $272K | $1.0M | 10x | as long as short |
| dYdX XMR-USD | +0.0705% | 1h | 594.89 | −0.444% | $108K | $50K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0771% | 8h | 596.59 | −0.161% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0864% / S −0.1487% | 1h | 595.67 | −0.314% | $369K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.0902% | 8h | 596.38 | −0.196% | $48K | $718K | 10x | as long as short |
| Nado XMR-PERP | +0.0977% | 1h | 596.74 | −0.136% | $1.3M | $478K | 10x | as long as short |
| Extended XMR-USDshort | +0.1264% | 1h | 596.26 | −0.216% | $3.1M | $6.8M | 25x | |
| Hyperliquid XMRlong | +0.1586% | 1h | 597.55 | long leg | $87.5M | $66.3M | 5x | |
| HTX XMR-USDT | +0.2261% | 8h | 596.31 | −0.208% | $1.1M | $1.4M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2310% | 1h | 596.80 | −0.126% | $2K | $47K | 10x | as long as short |
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
SoDEX XMR-USD
Gate XMR_USDT
BloFin XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
Kraken Futures PF_XMRUSD
GRVT XMR_USDT_Perp
Pacifica XMR
dYdX XMR-USD
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Nado XMR-PERP
HTX XMR-USDT
Aftermath Perps XMRUSD