Funding you earn now, next payment 05:00 UTC+0.0560%/8h= +61.3% APRnext payment +$0.70 per $10,000 · paid last 24h +0.143%
Price spread now: Nado against Lighter+0.084%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 3 days (all we have)+0.526%+$53 on $10k
+Price spread, last 7 days+0.108%+$11 · spread now +0.084%, 7d avg +0.046%
=Together, before fees+0.634%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$63 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Nado is 0.037% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XMR | 567.52 | 0.0592 | pay 0.0074% / 1h | 2m 04s | $3.1M | $7.7M | 10x |
| Short | Nado XMR-PERP | 567.99 | 0.1152 | get 0.0144% / 1h | 2m 04s | $1.3M | $458K | 10x |
Lighter XMR
Nado XMR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Lighter. 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
- $117.52
- Price spread: +0.084% → +0.046%
- $3.71
- Slippage, 4 orders
- −$33.87
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $80.36
- Costs to cover
- 0.409%
- Break-even
- 2.2 days
Slippage from Lighter: live order book, 6 min ago; Nado: live order book, 1 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 Lighter live order book, 6 min ago | 3.94 bp | 6.0 bp −$6 | 15.9 bp −$159 | 136.1 bp −$13.6K | doesn't fit |
| Sell Nado live order book, 1 min ago | 8.96 bp | 16.1 bp −$16 | 33.2 bp −$332 | 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 −0.0003% | 1h | 566.68 | −0.149% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.648% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 571.86 | +0.764% | $1.0M | $644K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 567.14 | −0.067% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 568.00 | +0.084% | $1.0M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0224% | 1h | 567.95 | +0.076% | $11K | — | 3x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0228% | 1h | 566.49 | −0.181% | $5.3M | $19.1M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0266% | 8h | 567.05 | −0.083% | $44.5M | $26.4M | 50x | as long as short |
| Bitget XMRUSDT | +0.0526% | 8h | 568.10 | +0.102% | $9.4M | $13.4M | 50x | as long as short |
| Gate XMR_USDT | +0.0554% | 8h | 567.70 | +0.032% | $1.5M | $4.5M | 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
Kraken Futures PF_XMRUSD
KuCoin XMRUSDTM
Bitget XMRUSDT
Gate XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paradex XMR-USD-PERP | +0.0561% | 8h | 567.68 | +0.027% | $8K | $4K | 20x | as long as short |
| Binance XMRUSDT | +0.0567% | 8h | 567.68 | +0.027% | $51.8M | $163.4M | 75x | as long as short |
| MEXC XMR_USDT | +0.0569% | 8h | 568.00 | +0.084% | $19.6M | $14.8M | 100x | as long as short |
| Lighter XMRlong | +0.0592% | 1h | 567.52 | long leg | $3.1M | $7.7M | 10x | |
| BingX XMR-USDT | +0.0613% | 8h | 568.77 | +0.220% | — | $5.7M | — | as long as short |
| Bybit XMRUSDT | +0.0653% | 8h | 567.93 | +0.072% | $46.0M | $64.7M | 75x | as long as short |
| Extended XMR-USD | +0.0656% | 1h | 567.53 | +0.002% | $3.0M | $8.4M | 25x | as long as short |
| Backpack XMR_USDC_PERP | +0.0669% | 1h | 567.21 | −0.055% | $167K | $533K | 20x | as long as short |
| Pacifica XMR | +0.0682% | 1h | 567.94 | +0.074% | $263K | $1.0M | 10x | as long as short |
| Aster XMRUSDT | +0.0717% | 8h | 567.53 | +0.002% | $633K | $2.3M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0725% | 1h | 567.66 | +0.024% | $28K | $2.2M | 5x | as long as short |
| dYdX XMR-USD | +0.0782% | 1h | 566.25 | −0.224% | $103K | $44K | 5x | as long as short |
| BloFin XMR-USDT | +0.0939% | 8h | 569.16 | +0.289% | $2.7M | $11.1M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0972% | 8h | 571.86 | +0.764% | $338K | $720K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0999% / S −0.1286% | 1h | 566.31 | −0.214% | $586K | — | 100x | as long as short |
| Variational Omni XMR | +0.1141% | 8h | 571.91 | +0.774% | $6.3M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1150% | 8h | 567.66 | +0.024% | $40K | $731K | 10x | as long as short |
| Nado XMR-PERPshort | +0.1152% | 1h | 567.99 | +0.084% | $1.3M | $458K | 10x | |
| Hyperliquid XMR | +0.1175% | 1h | 567.76 | +0.042% | $85.6M | $71.4M | 5x | as long as short |
| SoDEX XMR-USD | +0.1377% | 1h | 567.71 | +0.033% | $431K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1917% | 1h | 570.33 | +0.495% | $1K | $43K | 10x | as long as short |
Paradex XMR-USD-PERP
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Bybit XMRUSDT
Extended XMR-USD
Backpack XMR_USDC_PERP
Pacifica XMR
Aster XMRUSDT
Polymarket Perps XMR-USD
dYdX XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Hyperliquid XMR
SoDEX XMR-USD
Aftermath Perps XMRUSD