Funding you earn now, next payment 00:00 UTC−0.0649%/8h= −71.1% APRnext payment −$6.49 per $10,000 · paid last 24h −0.065%
Price spread now: Binance against Paradex−0.044%48s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Binance is 0.044% cheaper against Paradex than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 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 | Paradex XMR-USD-PERP | 592.68 | 0.0997 | pay 0.0997% / 8h | 7h 59m | $8K | $4K | 20x |
| Short | Binance XMRUSDT | 592.42 | 0.0348 | get 0.0348% / 8h | 7h 59m | $54.2M | $166.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Paradex. 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
- −$136.33
- Price spread: −0.044% → 0.000%
- −$4.44
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$154.77
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 13 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 13 min ago | 0.09 bp | 7.8 bp −$8 | 27.5 bp −$275 | doesn't fit | doesn't fit |
Paradex: 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 −0.0009% | 1h | 590.93 | −0.296% | $45K | — | 150x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 591.14 | −0.260% | $1.0M | $666K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 591.93 | −0.127% | $2K | $2.0M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 592.41 | −0.047% | $12K | — | 3x | as long as short |
| Bybit XMRUSDT | +0.0183% | 8h | 593.00 | +0.053% | $48.1M | $64.4M | 75x | as long as short |
| MEXC XMR_USDT | +0.0347% | 8h | 592.40 | −0.048% | $21.7M | $15.2M | 100x | as long as short |
| Binance XMRUSDTshort | +0.0348% | 8h | 592.42 | −0.044% | $54.2M | $166.3M | 75x | |
| BingX XMR-USDT | +0.0448% | 8h | 592.91 | +0.038% | — | $5.8M | — | as long as short |
| Lighter XMR | +0.0464% | 1h | 591.95 | −0.124% | $3.3M | $7.2M | 10x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0465% | 1h | 591.15 | −0.259% | $5.6M | $20.6M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0478% | 8h | 592.44 | −0.041% | $9.7M | $14.6M | 50x | as long as short |
| Gate XMR_USDT | +0.0485% | 8h | 591.71 | −0.164% | $1.7M | $4.7M | 50x | as long as short |
| BloFin XMR-USDT | +0.0502% | 8h | 592.63 | −0.009% | $2.8M | $11.7M | 75x | as long as short |
| Pacifica XMR | +0.0565% | 1h | 592.68 | 0.000% | $276K | $1.1M | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0568% | 1h | 591.66 | −0.173% | $201K | $579K | 20x | as long as short |
| KuCoin XMRUSDTM | +0.0581% | 8h | 591.33 | −0.228% | $48.3M | $26.2M | 50x | as long as short |
| Aster XMRUSDT | +0.0598% | 8h | 592.16 | −0.088% | $640K | $2.5M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0622% | 8h | 590.44 | −0.378% | $346K | $795K | 10x | as long as short |
| Variational Omni XMR | +0.0639% | 8h | 592.14 | −0.092% | $6.7M | $2.6M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0870% / S −0.2452% | 1h | 590.92 | −0.297% | $550K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.0974% | 8h | 592.36 | −0.054% | $42K | $734K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0990% | 1h | 592.68 | 0.000% | $50K | $1.9M | 5x | as long as short |
| Paradex XMR-USD-PERPlong | +0.0997% | 8h | 592.68 | long leg | $8K | $4K | 20x | |
| SoDEX XMR-USD | +0.1195% | 1h | 592.31 | −0.063% | $450K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1223% | 1h | 592.54 | −0.024% | $1.3M | $470K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.1312% | 1h | 596.76 | +0.688% | $3K | $6K | 12x | as long as short |
| dYdX XMR-USD | +0.1492% | 1h | 590.90 | −0.301% | $107K | $50K | 5x | as long as short |
| HTX XMR-USDT | +0.1669% | 8h | 590.96 | −0.291% | $1.1M | $1.5M | 20x | as long as short |
| Hyperliquid XMR | +0.1808% | 1h | 592.54 | −0.024% | $89.4M | $72.4M | 5x | as long as short |
| Extended XMR-USD | +0.2176% | 1h | 592.35 | −0.056% | $3.2M | $7.1M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2443% | 1h | 591.14 | −0.261% | $2K | $46K | 10x | as long as short |
Paradex XMR-USD-PERP
Binance XMRUSDT
gTrade (Gains Network) XMR/USD
edgeX XMRUSDC
SunX XMR-USDT
Bybit XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Lighter XMR
Kraken Futures PF_XMRUSD
Bitget XMRUSDT
Gate XMR_USDT
BloFin XMR-USDT
Pacifica XMR
Backpack XMR_USDC_PERP
KuCoin XMRUSDTM
Aster XMRUSDT
GRVT XMR_USDT_Perp
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Polymarket Perps XMR-USD
SoDEX XMR-USD
Injective XMR/USDC PERP
HTX XMR-USDT
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD