Funding you earn now, next payment 22:00 UTC−0.0845%/8h= −92.5% APRpaid last 24h +0.049%
Price spread now: Paradex against Hyperliquid−0.187%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$25 a day on $10k at the current rate, and Paradex is 0.187% cheaper against Hyperliquid than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XMR | 596.27 | 0.1586 | pay 0.0198% / 1h | 36m 10s | $86.8M | $65.4M | 5x |
| Short | Paradex XMR-USD-PERP | 595.16 | 0.0742 | get 0.0742% / 8h | 2h 36m | $8K | $4K | 20x |
Hyperliquid XMR
Paradex XMR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- −$177.36
- Price spread: −0.187% → 0.000%
- −$18.68
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$209.04
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; Paradex: no order-book sample. Net counts fees only.
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 | 2.10 bp | 9.4 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 594.48 | −0.301% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.735% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 595.12 | −0.193% | $47.6M | $60.8M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 593.32 | −0.495% | $1.1M | $672K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 594.56 | −0.287% | $2K | $1.9M | 20x | as long as short |
| Backpack XMR_USDC_PERP | +0.0122% | 1h | 594.84 | −0.240% | $203K | $569K | 20x | as long as short |
| Aevo XMR-PERP | +0.0176% | 1h | 595.39 | −0.148% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0209% | 1h | 595.36 | −0.153% | $24K | $1.8M | 5x | as long as short |
| Lighter XMR | +0.0240% | 1h | 595.07 | −0.202% | $3.5M | $6.7M | 10x | as long as short |
| dYdX XMR-USD | +0.0297% | 1h | 594.39 | −0.315% | $108K | $50K | 5x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Backpack XMR_USDC_PERP
Aevo XMR-PERP
Polymarket Perps XMR-USD
Lighter XMR
dYdX XMR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XMR-USD | +0.0297% | 1h | 595.21 | −0.178% | $452K | $4K | 5x | as long as short |
| Variational Omni XMR | +0.0300% | 8h | 593.60 | −0.447% | $6.9M | $2.8M | — | as long as short |
| MEXC XMR_USDT | +0.0367% | 8h | 595.37 | −0.151% | $22.7M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0368% | 8h | 595.10 | −0.197% | $54.5M | $161.8M | 75x | as long as short |
| BingX XMR-USDT | +0.0372% | 8h | 595.19 | −0.181% | — | $5.8M | — | as long as short |
| Gate XMR_USDT | +0.0381% | 8h | 595.04 | −0.206% | $1.6M | $4.5M | 50x | as long as short |
| Bitget XMRUSDT | +0.0390% | 8h | 595.10 | −0.196% | $9.9M | $14.0M | 50x | as long as short |
| BloFin XMR-USDT | +0.0517% | 8h | 595.58 | −0.116% | $2.8M | $11.3M | 75x | as long as short |
| Aster XMRUSDT | +0.0555% | 8h | 594.87 | −0.235% | $671K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0612% | 1h | 594.35 | −0.322% | $5.6M | $20.3M | 50x | as long as short |
| Pacifica XMR | +0.0619% | 1h | 595.28 | −0.166% | $269K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0624% | 8h | 593.34 | −0.491% | $346K | $796K | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0627% | 8h | 594.82 | −0.243% | $49.5M | $25.4M | 50x | as long as short |
| Paradex XMR-USD-PERPshort | +0.0742% | 8h | 595.16 | −0.187% | $8K | $4K | 20x | |
| Nado XMR-PERP | +0.0838% | 1h | 594.69 | −0.265% | $1.3M | $477K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0842% / S −0.1411% | 1h | 594.29 | −0.332% | $353K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.0873% | 8h | 595.17 | −0.184% | $48K | $729K | 10x | as long as short |
| Extended XMR-USD | +0.1120% | 1h | 595.12 | −0.192% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMRlong | +0.1586% | 1h | 596.27 | long leg | $86.8M | $65.4M | 5x | |
| Aftermath Perps XMRUSD | +0.2333% | 1h | 593.96 | −0.387% | $2K | $47K | 10x | as long as short |
| HTX XMR-USDT | +0.2398% | 8h | 592.45 | −0.641% | $1.1M | $1.4M | 20x | as long as short |
SoDEX XMR-USD
Variational Omni XMR
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Gate XMR_USDT
Bitget XMRUSDT
BloFin XMR-USDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
GRVT XMR_USDT_Perp
KuCoin XMRUSDTM
Nado XMR-PERP
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Extended XMR-USD
Aftermath Perps XMRUSD
HTX XMR-USDT