Funding you earn now, next payment 16:00 UTC−0.0424%/8h= −46.4% APRnext payment −$4.24 per $10,000 · paid last 24h −0.167%
Price spread now: BingX against Orderly−0.007%7-day average +0.047% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.856%−$86 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.007%, 7d avg +0.047%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and BingX is 0.054% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 570.38 | 0.1061 | pay 0.1061% / 8h | 6h 21m | $41K | $357K | 10x |
| Short | BingX XMR-USDT | 570.34 | 0.0637 | get 0.0637% / 8h | 6h 21m | — | $4.9M | — |
Orderly PERP_XMR_USDC
BingX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- −$89
- Price spread: −0.007% → +0.047%
- −$5.4
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$110.4
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 7 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 0.61 bp | 11.3 bp −$11 | 26.9 bp −$269 | 72.6 bp −$7,257 | 511.9 bp −$255.9K |
Orderly: 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 exchanges
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 −0.0004% | 1h | 569.47 | −0.160% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.134% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 569.74 | −0.112% | $1.0M | $458K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 569.80 | −0.102% | $2K | $991K | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 569.95 | −0.075% | $1.1M | $995K | 20x | as long as short |
| Polymarket Perps XMR-USD | +0.0146% | 1h | 570.13 | −0.044% | $30K | $1.5M | 5x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 570.56 | +0.032% | $12K | — | 3x | as long as short |
| Gate XMR_USDT | +0.0371% | 8h | 570.19 | −0.033% | $1.5M | $2.3M | 50x | as long as short |
| Lighter XMR | +0.0376% | 1h | 570.15 | −0.040% | $3.0M | $4.8M | 10x | as long as short |
| MEXC XMR_USDT | +0.0465% | 8h | 570.46 | +0.014% | $19.8M | $9.0M | 100x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Polymarket Perps XMR-USD
Aevo XMR-PERP
Gate XMR_USDT
Lighter XMR
MEXC XMR_USDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0466% | 8h | 570.39 | +0.002% | $52.4M | $89.8M | 75x | as long as short |
| Bybit XMRUSDT | +0.0467% | 8h | 570.38 | 0.000% | $46.3M | $44.7M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0503% | 8h | 569.86 | −0.091% | $45.1M | $16.1M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0520% | 8h | 570.27 | −0.020% | $8K | $1K | 20x | as long as short |
| Aster XMRUSDT | +0.0527% | 8h | 570.00 | −0.067% | $660K | $1.3M | 75x | as long as short |
| Extended XMR-USD | +0.0536% | 1h | 570.19 | −0.034% | $3.0M | $6.6M | 25x | as long as short |
| BingX XMR-USDTshort | +0.0637% | 8h | 570.34 | −0.007% | — | $4.9M | — | |
| Bitget XMRUSDT | +0.0673% | 8h | 570.27 | −0.019% | $9.1M | $9.6M | 50x | as long as short |
| Pacifica XMR | +0.0710% | 1h | 570.32 | −0.011% | $269K | $650K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0748% | 8h | 570.57 | +0.033% | $337K | $664K | 10x | as long as short |
| BloFin XMR-USDT | +0.0790% | 8h | 570.10 | −0.049% | $2.7M | $9.4M | 75x | as long as short |
| Variational Omni XMR | +0.0811% | 8h | 569.59 | −0.138% | $6.1M | $2.3M | — | as long as short |
| Hyperliquid XMR | +0.0811% | 1h | 570.16 | −0.039% | $86.6M | $53.5M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.0843% | 1h | 570.32 | −0.011% | $128K | $411K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0857% | 1h | 569.46 | −0.161% | $5.4M | $6.8M | 50x | as long as short |
| Nado XMR-PERP | +0.0913% | 1h | 570.38 | 0.000% | $1.2M | $213K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0937% / S −0.1108% | 1h | 569.31 | −0.187% | $592K | — | 100x | as long as short |
| Orderly PERP_XMR_USDClong | +0.1061% | 8h | 570.38 | long leg | $41K | $357K | 10x | |
| SoDEX XMR-USD | +0.1065% | 1h | 570.57 | +0.033% | $434K | $4K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2114% | 1h | 569.37 | −0.177% | $1K | $37K | 10x | as long as short |
| dYdX XMR-USD | +0.8017% | 1h | 569.53 | −0.150% | $103K | $20K | 5x | as long as short |
Binance XMRUSDT
Bybit XMRUSDT
KuCoin XMRUSDTM
Paradex XMR-USD-PERP
Aster XMRUSDT
Extended XMR-USD
Bitget XMRUSDT
Pacifica XMR
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Variational Omni XMR
Hyperliquid XMR
Backpack XMR_USDC_PERP
Kraken Futures PF_XMRUSD
Nado XMR-PERP
GMX XMR/USD [WBTC.b-USDC]
SoDEX XMR-USD
Aftermath Perps XMRUSD
dYdX XMR-USD