Funding you earn now, next payment 08:00 UTC−0.0328%/8h= −35.9% APRnext payment −$3.28 per $10,000 · paid last 24h −0.135%
Price spread now: BloFin against Orderly−0.105%52s7-day average +0.043% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.476%−$48 on $10k
+Price spread, last 4 days (all we have)+0.170%+$17 · spread now −0.105%, 7d avg +0.043%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and BloFin is 0.148% cheaper against Orderly than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.043%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 578.28 | 0.1123 | pay 0.1123% / 8h | 4h 26m | $41K | $734K | 10x |
| Short | BloFin XMR-USDT | 577.67 | 0.0795 | get 0.0795% / 8h | 4h 26m | $2.7M | $11.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$68.79
- Price spread: −0.105% → +0.043%
- −$14.83
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$101.62
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 8 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 BloFin live order book, 8 min ago | 1.65 bp | 12.2 bp −$12 | 24.2 bp −$242 | doesn't fit | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +0.738% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0009% | 1h | 577.34 | −0.162% | $49K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 578.00 | −0.048% | $3.3M | $7.4M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 577.37 | −0.157% | $1.0M | $656K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 578.06 | −0.038% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 577.75 | −0.092% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0149% | 1h | 577.17 | −0.192% | $5.4M | $19.5M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 578.37 | +0.015% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0225% | 1h | 578.03 | −0.043% | $26K | $2.2M | 5x | as long as short |
| Gate XMR_USDT | +0.0374% | 8h | 577.84 | −0.076% | $1.5M | $4.5M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0389% | 8h | 578.49 | +0.036% | $47.0M | $64.3M | 75x | as long as short |
| dYdX XMR-USD | +0.0449% | 1h | 577.06 | −0.211% | $104K | $44K | 5x | as long as short |
| MEXC XMR_USDT | +0.0484% | 8h | 578.60 | +0.055% | $20.3M | $15.0M | 100x | as long as short |
| Binance XMRUSDT | +0.0485% | 8h | 578.85 | +0.099% | $52.8M | $164.7M | 75x | as long as short |
| BingX XMR-USDT | +0.0508% | 8h | 578.82 | +0.093% | — | $5.7M | — | as long as short |
| KuCoin XMRUSDTM | +0.0511% | 8h | 577.84 | −0.076% | $45.2M | $26.6M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0521% | 1h | 578.15 | −0.022% | $169K | $534K | 20x | as long as short |
| Bitget XMRUSDT | +0.0526% | 8h | 578.90 | +0.107% | $9.4M | $14.0M | 50x | as long as short |
| Extended XMR-USD | +0.0608% | 1h | 578.44 | +0.028% | $3.1M | $8.4M | 25x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 578.23 | −0.009% | $268K | $1.1M | 10x | as long as short |
| Aster XMRUSDT | +0.0681% | 8h | 578.06 | −0.039% | $642K | $2.4M | 75x | as long as short |
| Nado XMR-PERP | +0.0717% | 1h | 578.17 | −0.019% | $1.3M | $466K | 10x | as long as short |
| Hyperliquid XMR | +0.0748% | 1h | 578.80 | +0.090% | $87.0M | $71.1M | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0759% | 8h | 578.41 | +0.022% | $8K | $4K | 20x | as long as short |
| BloFin XMR-USDTshort | +0.0795% | 8h | 577.67 | −0.105% | $2.7M | $11.3M | 75x | |
| GRVT XMR_USDT_Perp | +0.0858% | 8h | 577.75 | −0.092% | $346K | $742K | 10x | as long as short |
| SoDEX XMR-USD | +0.0946% | 1h | 578.47 | +0.033% | $440K | $3K | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0992% / S −0.1253% | 1h | 577.44 | −0.146% | $594K | — | 100x | as long as short |
| Variational Omni XMR | +0.1019% | 8h | 578.47 | +0.033% | $6.6M | $2.2M | — | as long as short |
| Orderly PERP_XMR_USDClong | +0.1123% | 8h | 578.28 | long leg | $41K | $734K | 10x | |
| Aftermath Perps XMRUSD | +0.2061% | 1h | 577.13 | −0.199% | $1K | $44K | 10x | as long as short |
BloFin XMR-USDT
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Polymarket Perps XMR-USD
Gate XMR_USDT
Bybit XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
KuCoin XMRUSDTM
Backpack XMR_USDC_PERP
Bitget XMRUSDT
Extended XMR-USD
Pacifica XMR
Aster XMRUSDT
Hyperliquid XMR
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Aftermath Perps XMRUSD