Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.055%
Price spread now: Hyperliquid against Orderly−0.004%7-day average +0.009% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.601%−$60 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now −0.004%, 7d avg +0.009%
=Together, before fees−0.611%+ Points / potential airdropHyperliquid: Season 2 · farm board−$61 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 570.18 | 0.1183 | pay 0.1183% / 8h | 2h 39m | $40K | $714K | 10x |
| Short | Hyperliquid XMR | 570.16 | 0.1183 | get 0.0148% / 1h | 39m 18s | $86.0M | $70.9M | 5x |
Orderly PERP_XMR_USDC
Hyperliquid XMRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $0.07
- Price spread: −0.004% → +0.009%
- −$1.21
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$16.14
- Costs to cover
- 0.150%
- Break-even
- 1619.6 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 4 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 Hyperliquid live order book, 4 min ago | 0.79 bp | 10.1 bp −$10 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0003% | 1h | 569.14 | −0.182% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.169% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 571.22 | +0.183% | $1.0M | $642K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 569.74 | −0.077% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 570.65 | +0.082% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0232% | 1h | 570.60 | +0.074% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0293% | 8h | 569.82 | −0.063% | $44.7M | $26.3M | 50x | as long as short |
| Bitget XMRUSDT | +0.0564% | 8h | 570.32 | +0.025% | $9.4M | $13.3M | 50x | as long as short |
| dYdX XMR-USD | +0.0593% | 1h | 569.32 | −0.152% | $103K | $44K | 5x | as long as short |
| Gate XMR_USDT | +0.0606% | 8h | 569.32 | −0.151% | $1.5M | $4.3M | 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
KuCoin XMRUSDTM
Bitget XMRUSDT
dYdX XMR-USD
Gate XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0606% | 8h | 570.29 | +0.019% | $19.7M | $14.6M | 100x | as long as short |
| Binance XMRUSDT | +0.0606% | 8h | 570.30 | +0.020% | $52.2M | $161.5M | 75x | as long as short |
| BingX XMR-USDT | +0.0673% | 8h | 570.38 | +0.035% | — | $5.7M | — | as long as short |
| Bybit XMRUSDT | +0.0707% | 8h | 570.07 | −0.019% | $46.2M | $64.3M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0744% | 1h | 569.86 | −0.056% | $28K | $2.2M | 5x | as long as short |
| Extended XMR-USD | +0.0744% | 1h | 570.23 | +0.009% | $3.0M | $8.2M | 25x | as long as short |
| Aster XMRUSDT | +0.0752% | 8h | 570.05 | −0.022% | $639K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0752% | 1h | 569.27 | −0.160% | $5.4M | $19.1M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0891% | 8h | 570.18 | 0.000% | $8K | $4K | 20x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 570.24 | +0.011% | $264K | $1.0M | 10x | as long as short |
| Lighter XMR | +0.0992% | 1h | 570.14 | −0.008% | $3.1M | $7.5M | 10x | as long as short |
| BloFin XMR-USDT | +0.0997% | 8h | 570.78 | +0.105% | $2.7M | $11.1M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0998% | 8h | 570.51 | +0.057% | $330K | $728K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1036% / S −0.1358% | 1h | 569.08 | −0.193% | $589K | — | 100x | as long as short |
| Orderly PERP_XMR_USDClong | +0.1183% | 8h | 570.18 | long leg | $40K | $714K | 10x | |
| Hyperliquid XMRshort | +0.1183% | 1h | 570.16 | −0.004% | $86.0M | $70.9M | 5x | |
| Variational Omni XMR | +0.1192% | 8h | 570.33 | +0.026% | $6.3M | $2.3M | — | as long as short |
| SoDEX XMR-USD | +0.1299% | 1h | 570.43 | +0.044% | $434K | $3K | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.1341% | 1h | 569.95 | −0.040% | $167K | $533K | 20x | as long as short |
| Nado XMR-PERP | +0.1437% | 1h | 570.11 | −0.012% | $1.3M | $455K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2103% | 1h | 570.15 | −0.005% | $1K | $43K | 10x | as long as short |
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
Polymarket Perps XMR-USD
Extended XMR-USD
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Paradex XMR-USD-PERP
Pacifica XMR
Lighter XMR
BloFin XMR-USDT
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
SoDEX XMR-USD
Backpack XMR_USDC_PERP
Nado XMR-PERP
Aftermath Perps XMRUSD