Funding you earn now, next payment 08:00 UTC−0.0332%/8h= −36.4% APRnext payment −$3.32 per $10,000 · paid last 24h −0.230%
Price spread now: Bybit against Paradex+0.213%7-day average — · you sell dearer than you buy
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
=The price spread pays, funding is against you. Bybit is 0.213% dearer against Paradex than usual: you sell high and buy low (spread +0.213% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XMR-USD-PERP | 582.55 | 0.1001 | pay 0.1001% / 8h | 5h 40m | $8K | $4K | 20x |
| Short | Bybit XMRUSDT | 583.79 | 0.0669 | get 0.0669% / 8h | 5h 40m | $47.4M | $64.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$69.78
- Price spread: +0.213% → 0.000%
- $21.28
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$63.5
- Costs to cover
- 0.150%
- Break-even
- from the start
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago | 1.72 bp | 15.3 bp −$15 | 32.1 bp −$321 | 93.5 bp −$9,351 | 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 −0.0010% | 1h | 580.84 | −0.294% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +2.439% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 583.21 | +0.114% | $1.0M | $656K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 581.47 | −0.185% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 581.68 | −0.149% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 582.26 | −0.051% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0386% | 1h | 581.15 | −0.240% | $105K | $50K | 5x | as long as short |
| Polymarket Perps XMR-USD | +0.0514% | 1h | 583.20 | +0.112% | $31K | $2.1M | 5x | as long as short |
| Binance XMRUSDT | +0.0517% | 8h | 583.34 | +0.135% | $53.1M | $166.7M | 75x | as long as short |
| MEXC XMR_USDT | +0.0518% | 8h | 582.43 | −0.021% | $20.7M | $15.2M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XMR | +0.0560% | 1h | 582.10 | −0.077% | $3.3M | $7.1M | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0590% | 1h | 581.50 | −0.180% | $170K | $539K | 20x | as long as short |
| Bitget XMRUSDT | +0.0615% | 8h | 584.14 | +0.273% | $9.6M | $14.1M | 50x | as long as short |
| Gate XMR_USDT | +0.0629% | 8h | 582.10 | −0.077% | $1.6M | $4.5M | 50x | as long as short |
| BingX XMR-USDT | +0.0639% | 8h | 583.32 | +0.132% | — | $5.7M | — | as long as short |
| Bybit XMRUSDTshort | +0.0669% | 8h | 583.79 | +0.213% | $47.4M | $64.8M | 75x | |
| Aster XMRUSDT | +0.0707% | 8h | 582.17 | −0.066% | $649K | $2.4M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0782% | 8h | 581.91 | −0.110% | $47.8M | $26.1M | 50x | as long as short |
| BloFin XMR-USDT | +0.0789% | 8h | 582.65 | +0.017% | $2.8M | $11.4M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0960% | 1h | 581.05 | −0.258% | $5.5M | $19.7M | 50x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0995% / S −0.1304% | 1h | 580.91 | −0.282% | $648K | — | 100x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 582.52 | −0.006% | $263K | $1.1M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0998% | 8h | 583.48 | +0.160% | $345K | $766K | 10x | as long as short |
| Paradex XMR-USD-PERPlong | +0.1001% | 8h | 582.55 | long leg | $8K | $4K | 20x | |
| Nado XMR-PERP | +0.1042% | 1h | 583.65 | +0.189% | $1.3M | $463K | 10x | as long as short |
| Variational Omni XMR | +0.1074% | 8h | 582.21 | −0.058% | $6.6M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1092% | 8h | 582.13 | −0.072% | $42K | $736K | 10x | as long as short |
| Hyperliquid XMR | +0.1193% | 1h | 583.66 | +0.190% | $87.8M | $71.9M | 5x | as long as short |
| SoDEX XMR-USD | +0.1341% | 1h | 582.25 | −0.052% | $443K | $3K | 5x | as long as short |
| Extended XMR-USD | +0.1416% | 1h | 583.00 | +0.077% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2607% | 1h | 582.03 | −0.090% | $1K | $46K | 10x | as long as short |
Paradex XMR-USD-PERP
Bybit XMRUSDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Polymarket Perps XMR-USD
Binance XMRUSDT
MEXC XMR_USDT
Lighter XMR
Backpack XMR_USDC_PERP
Bitget XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
GMX XMR/USD [WBTC.b-USDC]
Pacifica XMR
GRVT XMR_USDT_Perp
Variational Omni XMR
Hyperliquid XMR
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD