Funding you earn now, next payment 04:00 UTC+0.0354%/8h= +38.7% APRnext payment +$0.44 per $10,000 · paid last 24h +0.195%
Price spread now: dYdX against Polymarket Perps−0.152%7-day average −0.236% · you buy dearer than you sell
Net, funding: paid 7d − costs−$253as in the Funding arb table
Net, price: spread back to 7d avg − costs−$286as in the Price arb table
costs, in and out, $10k−$2942.940% of the position
Funding, last 7 days+0.413%+$41 on $10k
+Price spread, last 4 days (all we have)−2.784%−$278 · spread now −0.152%, 7d avg −0.236%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and dYdX is 0.084% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.236%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps XMR-USD | 578.64 | 0.0100 | pay 0.0013% / 1h | 46m 58s | $30K | $2.1M | 5x |
| Short | dYdX XMR-USD | 577.76 | 0.0454 | get 0.0057% / 1h | 46m 58s | $105K | $44K | 5x |
Polymarket Perps XMR-USD
dYdX XMR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Polymarket Perps. 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
- $74.25
- Price spread: −0.152% → −0.236%
- $8.4
- Slippage, 4 orders
- −$276.04
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$211.39
- Costs to cover
- 2.940%
- Break-even
- 26.9 days
Slippage from Polymarket Perps: live order book, 2 min ago; dYdX: live order book, 12 min ago.
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 Polymarket Perps live order book, 2 min ago | 0.09 bp | 4.7 bp −$5 | 5.8 bp −$58 | doesn't fit | doesn't fit |
| Sell dYdX live order book, 12 min ago | 134.90 bp | 139.9 bp −$140 | 139.9 bp −$1,399 | 350.6 bp −$35.1K | 1587.4 bp −$793.7K |
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 | +0.676% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0010% | 1h | 577.83 | −0.141% | $45K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 578.35 | −0.050% | $3.3M | $7.4M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 579.07 | +0.075% | $1.0M | $655K | 10x | as long as short |
| Polymarket Perps XMR-USDlong | +0.0100% | 1h | 578.64 | long leg | $30K | $2.1M | 5x | |
| SunX XMR-USDT | +0.0100% | 8h | 578.51 | −0.022% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 578.00 | −0.111% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0148% | 1h | 577.57 | −0.185% | $5.5M | $19.6M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 578.87 | +0.040% | $12K | — | 3x | as long as short |
| Backpack XMR_USDC_PERP | +0.0355% | 1h | 578.38 | −0.045% | $170K | $534K | 20x | as long as short |
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Aevo XMR-PERP
Backpack XMR_USDC_PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0421% | 8h | 579.05 | +0.071% | $47.0M | $63.7M | 75x | as long as short |
| Gate XMR_USDT | +0.0452% | 8h | 578.27 | −0.064% | $1.6M | $4.4M | 50x | as long as short |
| dYdX XMR-USDshort | +0.0454% | 1h | 577.76 | −0.152% | $105K | $44K | 5x | |
| MEXC XMR_USDT | +0.0486% | 8h | 579.12 | +0.083% | $20.5M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0487% | 8h | 579.13 | +0.085% | $52.7M | $164.4M | 75x | as long as short |
| BingX XMR-USDT | +0.0542% | 8h | 579.06 | +0.073% | — | $5.6M | — | as long as short |
| Bitget XMRUSDT | +0.0568% | 8h | 578.45 | −0.033% | $9.5M | $13.8M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0613% | 8h | 578.37 | −0.047% | $47.5M | $25.0M | 50x | as long as short |
| Hyperliquid XMR | +0.0622% | 1h | 579.11 | +0.081% | $87.1M | $70.9M | 5x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 578.67 | +0.006% | $267K | $1.1M | 10x | as long as short |
| Nado XMR-PERP | +0.0640% | 1h | 578.99 | +0.061% | $1.3M | $463K | 10x | as long as short |
| SoDEX XMR-USD | +0.0687% | 1h | 578.72 | +0.014% | $440K | $3K | 5x | as long as short |
| Aster XMRUSDT | +0.0691% | 8h | 578.26 | −0.065% | $647K | $2.4M | 75x | as long as short |
| Extended XMR-USD | +0.0744% | 1h | 578.71 | +0.012% | $3.1M | $8.3M | 25x | as long as short |
| BloFin XMR-USDT | +0.0751% | 8h | 579.10 | +0.079% | $2.7M | $11.3M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0802% | 8h | 578.66 | +0.003% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0851% | 8h | 579.20 | +0.096% | $336K | $741K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0992% / S −0.1252% | 1h | 577.73 | −0.157% | $595K | — | 100x | as long as short |
| Variational Omni XMR | +0.1037% | 8h | 580.03 | +0.241% | $6.6M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1106% | 8h | 578.59 | −0.009% | $41K | $720K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2266% | 1h | 579.37 | +0.125% | $1K | $45K | 10x | as long as short |
Bybit XMRUSDT
Gate XMR_USDT
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
KuCoin XMRUSDTM
Hyperliquid XMR
Pacifica XMR
Nado XMR-PERP
SoDEX XMR-USD
Aster XMRUSDT
Extended XMR-USD
BloFin XMR-USDT
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD