Funding you earn now, next payment 06:00 UTC−0.0905%/8h= −99.1% APRnext payment −$1.13 per $10,000 · paid last 24h +0.044%
Price spread now: dYdX against Nado−0.364%7-day average −0.249% · 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−$381as in the Price arb table
costs, in and out, $10k−$3703.698% of the position
Funding, last 3 days (all we have)−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)−0.867%−$87 · spread now −0.364%, 7d avg −0.249%
=Together, before fees−1.036%+ Points / potential airdropNado: Active · farm board−$104 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and dYdX is 0.115% cheaper against Nado than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.249%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.169% in total (about -17.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.13 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 | Nado XMR-PERP | 579.48 | 0.1220 | pay 0.0152% / 1h | 13m 56s | $1.3M | $450K | 10x |
| Short | dYdX XMR-USD | 577.37 | 0.0314 | get 0.0039% / 1h | 13m 56s | $105K | $44K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Nado. 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
- −$190.15
- Price spread: −0.364% → −0.249%
- −$11.45
- Slippage, 4 orders
- −$352.77
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$571.37
- Costs to cover
- 3.698%
- Break-even
- never at this rate
Slippage from Nado: live order book, 5 min ago; dYdX: live order book, 35 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 Nado live order book, 5 min ago | 7.46 bp | 11.5 bp −$11 | 57.3 bp −$573 | 15985.8 bp −$1.60M | doesn't fit |
| Sell dYdX live order book, 35 min ago | 85.26 bp | 246.9 bp −$247 | 270.5 bp −$2,705 | 429.5 bp −$42.9K | 1160.4 bp −$580.2K |
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 −0.0006% | 1h | 578.28 | −0.207% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.530% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.48 | −0.517% | $1.0M | $642K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 578.28 | −0.207% | $2K | $1.8M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 577.00 | −0.428% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 579.60 | +0.022% | $12K | — | 3x | as long as short |
| dYdX XMR-USDshort | +0.0314% | 1h | 577.37 | −0.364% | $105K | $44K | 5x | |
| KuCoin XMRUSDTM | +0.0330% | 8h | 578.66 | −0.141% | $45.4M | $26.2M | 50x | as long as short |
| Bitget XMRUSDT | +0.0590% | 8h | 579.53 | +0.009% | $9.5M | $13.1M | 50x | as long as short |
| MEXC XMR_USDT | +0.0630% | 8h | 579.33 | −0.025% | $20.0M | $14.6M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0631% | 8h | 579.32 | −0.027% | $53.0M | $160.6M | 75x | as long as short |
| BingX XMR-USDT | +0.0669% | 8h | 579.31 | −0.029% | — | $5.6M | — | as long as short |
| Gate XMR_USDT | +0.0674% | 8h | 578.74 | −0.127% | $1.6M | $4.3M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.0687% | 1h | 579.25 | −0.039% | $27K | $2.1M | 5x | as long as short |
| Bybit XMRUSDT | +0.0710% | 8h | 579.09 | −0.067% | $46.8M | $64.0M | 75x | as long as short |
| Extended XMR-USD | +0.0736% | 1h | 579.06 | −0.072% | $3.0M | $8.2M | 25x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0740% | 1h | 578.28 | −0.207% | $5.5M | $18.8M | 50x | as long as short |
| Aster XMRUSDT | +0.0798% | 8h | 579.12 | −0.062% | $652K | $2.2M | 75x | as long as short |
| Lighter XMR | +0.0896% | 1h | 579.22 | −0.045% | $3.1M | $7.6M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0908% | 8h | 578.71 | −0.132% | $8K | $4K | 20x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 578.68 | −0.137% | $267K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1020% | 8h | 575.69 | −0.654% | $346K | $727K | 10x | as long as short |
| BloFin XMR-USDT | +0.1038% | 8h | 577.98 | −0.258% | $2.7M | $11.3M | 75x | as long as short |
| Hyperliquid XMR | +0.1068% | 1h | 579.27 | −0.036% | $87.5M | $71.0M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1086% / S −0.1451% | 1h | 578.22 | −0.217% | $599K | — | 100x | as long as short |
| Variational Omni XMR | +0.1180% | 8h | 576.19 | −0.566% | $6.2M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1197% | 8h | 579.27 | −0.036% | $41K | $665K | 10x | as long as short |
| Nado XMR-PERPlong | +0.1220% | 1h | 579.48 | long leg | $1.3M | $450K | 10x | |
| SoDEX XMR-USD | +0.1360% | 1h | 579.43 | −0.008% | $440K | $3K | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.1423% | 1h | 579.01 | −0.081% | $176K | $535K | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2033% | 1h | 576.06 | −0.591% | $1K | $42K | 10x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Gate XMR_USDT
Polymarket Perps XMR-USD
Bybit XMRUSDT
Extended XMR-USD
Kraken Futures PF_XMRUSD
Aster XMRUSDT
Lighter XMR
Paradex XMR-USD-PERP
Pacifica XMR
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Hyperliquid XMR
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
SoDEX XMR-USD
Backpack XMR_USDC_PERP
Aftermath Perps XMRUSD