XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0769%/8h= +84.2% APRnext payment +$0.96 per $10,000 · paid last 24h +0.095%

Price spread now: SoDEX against Polymarket Perps+0.068%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$410.407% of the position

Long on Polymarket Perps Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.162%+$16 on $10k

Price spread, last 4 days (all we have)+0.009%+$1 · spread now +0.068%, 7d avg +0.006%

Together, before fees+0.171%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and SoDEX is 0.062% dearer against Polymarket Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.006%.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.162% in total (about 16.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XMR-USD	574.27	0.0100	pay 0.0013% / 1h	49m 01s	$30K	$1.7M	5x
Short	SoDEX XMR-USD	574.66	0.0869	get 0.0109% / 1h	49m 01s	$437K	$4K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee SoDEXbpOrdersPrice spread, now +0.068%Rate

Funding earned: $161.56
Price spread: +0.068% → +0.006%: $6.21
Slippage, 4 orders: −$24.66
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $127.1
Costs to cover: 0.407%
Break-even: 1.5 days

Slippage from Polymarket Perps: live order book, 15 min ago; SoDEX: live order book, 50 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, 15 min ago	1.84 bp	7.8 bp −$8	8.0 bp −$80	doesn't fit	doesn't fit
Sell SoDEX live order book, 50 min ago	0.26 bp	13.2 bp −$13	43.8 bp −$438	doesn't fit	doesn't fit

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 −0.0005%	1h	573.80	−0.082%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.442%	$3K	$3K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	574.18	−0.016%	$46.5M	$49.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	573.65	−0.107%	$1.0M	$543K	10x	as long as short
Polymarket Perps XMR-USDlong	+0.0100%	1h	574.27	long leg	$30K	$1.7M	5x
SunX XMR-USDT	+0.0100%	8h	574.67	+0.070%	$2K	$1.2M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.83	−0.251%	$1.1M	$1.1M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	574.86	+0.102%	$12K	—	3x	as long as short
Extended XMR-USD	+0.0280%	1h	574.33	+0.011%	$3.0M	$7.5M	25x	as long as short
Gate XMR_USDT	+0.0302%	8h	574.43	+0.028%	$1.6M	$2.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XMRUSDTM	+0.0349%	8h	574.54	+0.047%	$45.4M	$17.7M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0371%	1h	573.68	−0.103%	$5.5M	$9.0M	50x	as long as short
MEXC XMR_USDT	+0.0494%	8h	574.78	+0.089%	$20.2M	$9.7M	100x	as long as short
Binance XMRUSDT	+0.0495%	8h	574.10	−0.030%	$52.4M	$105.4M	75x	as long as short
BingX XMR-USDT	+0.0504%	8h	574.82	+0.096%	—	$5.2M	—	as long as short
Bitget XMRUSDT	+0.0534%	8h	574.74	+0.082%	$9.4M	$10.1M	50x	as long as short
Pacifica XMR	+0.0550%	1h	575.04	+0.134%	$271K	$751K	10x	as long as short
Lighter XMR	+0.0584%	1h	574.50	+0.040%	$3.1M	$5.5M	10x	as long as short
Hyperliquid XMR	+0.0601%	1h	574.70	+0.075%	$87.2M	$58.7M	5x	as long as short
GRVT XMR_USDT_Perp	+0.0620%	8h	573.51	−0.132%	$343K	$623K	10x	as long as short
Aster XMRUSDT	+0.0623%	8h	574.31	+0.006%	$643K	$1.6M	75x	as long as short
Paradex XMR-USD-PERP	+0.0669%	8h	575.12	+0.149%	$8K	$2K	20x	as long as short
BloFin XMR-USDT	+0.0801%	8h	574.75	+0.084%	$2.7M	$9.9M	75x	as long as short
Variational Omni XMR	+0.0814%	8h	574.89	+0.108%	$6.2M	$2.3M	—	as long as short
SoDEX XMR-USDshort	+0.0869%	1h	574.66	+0.068%	$437K	$4K	5x
Nado XMR-PERP	+0.0957%	1h	575.19	+0.160%	$1.3M	$314K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1078% / S −0.1372%	1h	573.57	−0.122%	$598K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1111%	8h	574.31	+0.007%	$40K	$434K	10x	as long as short
dYdX XMR-USD	+0.1200%	1h	574.08	−0.033%	$104K	$29K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1239%	1h	574.54	+0.047%	$136K	$431K	20x	as long as short
Aftermath Perps XMRUSD	+0.2092%	1h	573.87	−0.069%	$1K	$39K	10x	as long as short