Funding you earn now, next payment 02:00 UTC−0.0483%/8h= −52.9% APRnext payment −$0.60 per $10,000 · paid last 24h +0.077%
Price spread now: Nado against Hyperliquid−0.505%7-day average +0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$470.472% of the position
Funding, last 3 days (all we have)+0.437%+$44 on $10k
+Price spread, last 7 days+0.468%+$47 · spread now −0.505%, 7d avg +0.048%
=Together, before fees+0.905%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board+$90 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Nado is 0.553% cheaper against Hyperliquid than usual: you would sell low and buy high (−$55 if the spread goes back to its 7-day average of +0.048%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.437%, 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 | 589.56 | 0.1945 | pay 0.0243% / 1h | 54m 01s | $89.2M | $72.9M | 5x |
| Short | Nado XMR-PERP | 586.58 | 0.1461 | get 0.0183% / 1h | 54m 01s | $1.3M | $464K | 10x |
Hyperliquid XMR
Nado XMR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$101.5
- Price spread: −0.505% → +0.048%
- −$55.26
- Slippage, 4 orders
- −$31.24
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$204
- Costs to cover
- 0.472%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 10 min ago; Nado: 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 Hyperliquid live order book, 10 min ago | 1.28 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Nado live order book, 4 min ago | 7.43 bp | 11.1 bp −$11 | 60.4 bp −$604 | 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 | 585.87 | −0.626% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.221% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 585.54 | −0.682% | $1.0M | $662K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 586.41 | −0.534% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 587.00 | −0.434% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0192% | 1h | 587.61 | −0.331% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0440% | 8h | 590.01 | +0.076% | $21.3M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0443% | 8h | 589.75 | +0.032% | $54.0M | $167.7M | 75x | as long as short |
| Gate XMR_USDT | +0.0531% | 8h | 588.45 | −0.188% | $1.6M | $4.6M | 50x | as long as short |
| Bitget XMRUSDT | +0.0572% | 8h | 589.79 | +0.039% | $9.7M | $14.4M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
Bitget XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0623% | 8h | 588.06 | −0.255% | $654K | $2.5M | 75x | as long as short |
| BloFin XMR-USDT | +0.0644% | 8h | 585.46 | −0.695% | $2.8M | $11.5M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0709% | 8h | 588.62 | −0.159% | $48.2M | $26.1M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 586.50 | −0.519% | $270K | $1.1M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0894% | 8h | 583.84 | −0.970% | $346K | $802K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0917% / S −0.2716% | 1h | 585.94 | −0.614% | $546K | — | 100x | as long as short |
| Variational Omni XMR | +0.0958% | 8h | 583.01 | −1.111% | $6.6M | $2.7M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1049% | 8h | 587.67 | −0.321% | $43K | $733K | 10x | as long as short |
| BingX XMR-USDT | +0.1087% | 8h | 589.83 | +0.046% | — | $5.8M | — | as long as short |
| Backpack XMR_USDC_PERP | +0.1088% | 1h | 588.69 | −0.148% | $184K | $535K | 20x | as long as short |
| Bybit XMRUSDT | +0.1112% | 8h | 589.85 | +0.049% | $47.4M | $65.0M | 75x | as long as short |
| Lighter XMR | +0.1144% | 1h | 587.95 | −0.274% | $3.3M | $7.2M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1237% | 8h | 586.23 | −0.565% | $8K | $4K | 20x | as long as short |
| Polymarket Perps XMR-USD | +0.1291% | 1h | 586.59 | −0.504% | $49K | $1.9M | 5x | as long as short |
| Kraken Futures PF_XMRUSD | +0.1300% | 1h | 587.94 | −0.274% | $5.6M | $20.5M | 50x | as long as short |
| Nado XMR-PERPshort | +0.1461% | 1h | 586.58 | −0.505% | $1.3M | $464K | 10x | |
| dYdX XMR-USD | +0.1778% | 1h | 585.41 | −0.704% | $106K | $50K | 5x | as long as short |
| SoDEX XMR-USD | +0.1939% | 1h | 587.90 | −0.282% | $447K | $3K | 5x | as long as short |
| Hyperliquid XMRlong | +0.1945% | 1h | 589.56 | long leg | $89.2M | $72.9M | 5x | |
| Extended XMR-USD | +0.2280% | 1h | 590.03 | +0.079% | $3.1M | $8.1M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2668% | 1h | 585.45 | −0.698% | $1K | $46K | 10x | as long as short |
Aster XMRUSDT
BloFin XMR-USDT
KuCoin XMRUSDTM
Pacifica XMR
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
BingX XMR-USDT
Backpack XMR_USDC_PERP
Bybit XMRUSDT
Lighter XMR
Paradex XMR-USD-PERP
Polymarket Perps XMR-USD
Kraken Futures PF_XMRUSD
dYdX XMR-USD
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD