Funding you earn now, next payment 08:00 UTC−0.0005%/8h= −0.6% APRnext payment −$0.05 per $10,000 · paid last 24h −0.151%
Price spread now: Variational Omni against Orderly−0.253%7-day average +0.015% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.582%−$58 on $10k
+Price spread, last 4 days (all we have)+0.204%+$20 · spread now −0.253%, 7d avg +0.015%
=Together, before fees−0.378%+ Points / potential airdropVariational Omni: Active · farm board−$38 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.269% cheaper against Orderly than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 574.47 | 0.1148 | pay 0.1148% / 8h | 3h 12m | $40K | $735K | 10x |
| Short | Variational Omni XMR | 573.01 | 0.1143 | get 0.1143% / 8h | 3h 12m | $6.3M | $2.3M | — |
Orderly PERP_XMR_USDC
Variational Omni XMRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$1.07
- Price spread: −0.253% → +0.015%
- −$26.86
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$33.92
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 2.80 bp | doesn't fit | 26.1 bp −$261 | 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 | 573.59 | −0.154% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.407% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 575.17 | +0.122% | $1.0M | $645K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 573.90 | −0.099% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 573.00 | −0.256% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0224% | 1h | 575.70 | +0.214% | $12K | — | 3x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0225% | 1h | 573.58 | −0.154% | $5.4M | $19.1M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0303% | 8h | 574.24 | −0.040% | $45.0M | $26.4M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0478% | 8h | 575.32 | +0.148% | $8K | $4K | 20x | as long as short |
| Bitget XMRUSDT | +0.0522% | 8h | 574.82 | +0.061% | $9.5M | $13.4M | 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
Kraken Futures PF_XMRUSD
KuCoin XMRUSDTM
Paradex XMR-USD-PERP
Bitget XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XMR_USDT | +0.0561% | 8h | 574.67 | +0.035% | $1.5M | $4.5M | 50x | as long as short |
| MEXC XMR_USDT | +0.0571% | 8h | 574.63 | +0.028% | $19.9M | $14.7M | 100x | as long as short |
| Binance XMRUSDT | +0.0572% | 8h | 574.61 | +0.024% | $52.5M | $163.0M | 75x | as long as short |
| BingX XMR-USDT | +0.0613% | 8h | 574.75 | +0.049% | — | $5.6M | — | as long as short |
| Lighter XMR | +0.0624% | 1h | 574.65 | +0.031% | $3.1M | $7.6M | 10x | as long as short |
| Bybit XMRUSDT | +0.0643% | 8h | 574.58 | +0.019% | $46.7M | $64.3M | 75x | as long as short |
| Pacifica XMR | +0.0682% | 1h | 575.22 | +0.131% | $266K | $1.0M | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0689% | 1h | 574.15 | −0.056% | $169K | $532K | 20x | as long as short |
| Extended XMR-USD | +0.0696% | 1h | 574.49 | +0.004% | $3.1M | $8.3M | 25x | as long as short |
| Aster XMRUSDT | +0.0723% | 8h | 574.87 | +0.070% | $642K | $2.3M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0729% | 1h | 574.29 | −0.031% | $28K | $2.2M | 5x | as long as short |
| dYdX XMR-USD | +0.0869% | 1h | 574.30 | −0.030% | $104K | $44K | 5x | as long as short |
| BloFin XMR-USDT | +0.0942% | 8h | 575.37 | +0.157% | $2.7M | $11.2M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0986% | 8h | 576.48 | +0.350% | $341K | $739K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0990% / S −0.1256% | 1h | 573.44 | −0.180% | $591K | — | 100x | as long as short |
| Nado XMR-PERP | +0.1114% | 1h | 574.70 | +0.039% | $1.3M | $458K | 10x | as long as short |
| Variational Omni XMRshort | +0.1143% | 8h | 573.01 | −0.253% | $6.3M | $2.3M | — | |
| Orderly PERP_XMR_USDClong | +0.1148% | 8h | 574.47 | long leg | $40K | $735K | 10x | |
| Hyperliquid XMR | +0.1220% | 1h | 574.58 | +0.019% | $86.6M | $71.2M | 5x | as long as short |
| SoDEX XMR-USD | +0.1392% | 1h | 574.66 | +0.033% | $437K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1887% | 1h | 574.20 | −0.047% | $2K | $43K | 10x | as long as short |
Gate XMR_USDT
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Lighter XMR
Bybit XMRUSDT
Pacifica XMR
Backpack XMR_USDC_PERP
Extended XMR-USD
Aster XMRUSDT
Polymarket Perps XMR-USD
dYdX XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Nado XMR-PERP
Hyperliquid XMR
SoDEX XMR-USD
Aftermath Perps XMRUSD