XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0291%/8h= −31.8% APRnext payment −$0.36 per $10,000 · paid last 24h −0.039%

Price spread now: Hyperliquid against Nado−0.155%7-day average −0.049% · 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−$44as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on Nado Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.427%−$43 on $10k

Price spread, last 7 days−0.032%−$3 · spread now −0.155%, 7d avg −0.049%

Together, before fees−0.459%+ Points / potential airdropNado: Active · Hyperliquid: Season 2 · farm board−$46 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Hyperliquid is 0.106% cheaper against Nado than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.049%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XMR-PERP	571.41	0.1502	pay 0.0188% / 1h	41m 39s	$1.3M	$458K	10x
Short	Hyperliquid XMR	570.52	0.1211	get 0.0151% / 1h	41m 39s	$86.0M	$71.4M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against Nado. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee NadobpFee HyperliquidbpOrdersPrice spread, now −0.155%Rate

Funding earned: −$61.03
Price spread: −0.155% → −0.049%: −$10.6
Slippage, 4 orders: −$17.69
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: −$105.32
Costs to cover: 0.337%
Break-even: never at this rate

Slippage from Nado: live order book, 2 min ago; Hyperliquid: live order book, 12 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, 2 min ago	5.34 bp	9.0 bp −$9	35.1 bp −$351	16070.1 bp −$1.61M	doesn't fit
Sell Hyperliquid live order book, 12 min ago	0.35 bp	5.4 bp −$5	doesn't fit	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	569.96	−0.254%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.950%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	571.99	+0.102%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	570.42	−0.173%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	571.51	+0.018%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0232%	1h	569.58	−0.319%	$11K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0295%	8h	570.00	−0.246%	$44.8M	$26.5M	50x	as long as short
Bitget XMRUSDT	+0.0563%	8h	570.48	−0.162%	$9.4M	$13.3M	50x	as long as short
MEXC XMR_USDT	+0.0606%	8h	570.61	−0.140%	$19.7M	$14.6M	100x	as long as short
Binance XMRUSDT	+0.0606%	8h	570.39	−0.177%	$52.2M	$161.7M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDT	+0.0609%	8h	570.43	−0.171%	$1.5M	$4.3M	50x	as long as short
dYdX XMR-USD	+0.0642%	1h	569.32	−0.366%	$103K	$44K	5x	as long as short
BingX XMR-USDT	+0.0673%	8h	570.41	−0.175%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0711%	8h	570.39	−0.178%	$46.2M	$64.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0751%	1h	570.07	−0.234%	$5.4M	$19.1M	50x	as long as short
Aster XMRUSDT	+0.0753%	8h	570.50	−0.159%	$639K	$2.3M	75x	as long as short
Extended XMR-USD	+0.0784%	1h	570.21	−0.209%	$3.0M	$8.2M	25x	as long as short
Polymarket Perps XMR-USD	+0.0800%	1h	570.79	−0.108%	$28K	$2.2M	5x	as long as short
Paradex XMR-USD-PERP	+0.0884%	8h	570.49	−0.161%	$8K	$4K	20x	as long as short
Pacifica XMR	+0.0912%	1h	570.45	−0.168%	$264K	$1.0M	10x	as long as short
BloFin XMR-USDT	+0.0996%	8h	571.45	+0.007%	$2.7M	$11.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.1005%	8h	571.24	−0.029%	$330K	$728K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1036% / S −0.1358%	1h	569.77	−0.286%	$590K	—	100x	as long as short
Lighter XMR	+0.1088%	1h	570.47	−0.163%	$3.1M	$7.5M	10x	as long as short
Orderly PERP_XMR_USDC	+0.1186%	8h	570.92	−0.085%	$40K	$714K	10x	as long as short
Variational Omni XMR	+0.1188%	8h	571.45	+0.008%	$6.3M	$2.3M	—	as long as short
Hyperliquid XMRshort	+0.1211%	1h	570.52	−0.155%	$86.0M	$71.4M	5x
SoDEX XMR-USD	+0.1394%	1h	571.10	−0.054%	$434K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1407%	1h	570.67	−0.129%	$168K	$534K	20x	as long as short
Nado XMR-PERPlong	+0.1502%	1h	571.41	long leg	$1.3M	$458K	10x
Aftermath Perps XMRUSD	+0.2098%	1h	571.13	−0.048%	$1K	$43K	10x	as long as short