XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0975%/8h= +106.7% APRnext payment +$1.22 per $10,000 · paid last 24h −0.043%

Price spread now: Hyperliquid against SoDEX+0.114%7-day average −0.020% · 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−$30as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on SoDEX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.242%−$24 on $10k

Price spread, last 3 days (all we have)−0.238%−$24 · spread now +0.114%, 7d avg −0.020%

Together, before fees−0.480%+ Points / potential airdropHyperliquid: Season 2 · farm board−$48 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Hyperliquid is 0.134% dearer against SoDEX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.020%. Mind the row above: over the last 3 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.242% in total (about -28.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.22 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	SoDEX XMR-USD	597.15	0.0874	pay 0.0109% / 1h	42m 19s	$454K	$3K	5x
Short	Hyperliquid XMR	597.83	0.1848	get 0.0231% / 1h	42m 19s	$88.5M	$67.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against SoDEX. 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 SoDEXbpFee HyperliquidbpOrdersPrice spread, now +0.114%Rate

Funding earned: $204.66
Price spread: +0.114% → −0.020%: $13.4
Slippage, 4 orders: −$25.92
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $175.14
Costs to cover: 0.429%
Break-even: 1.0 days

Slippage from SoDEX: live order book, 41 min ago; Hyperliquid: live order book, 11 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 SoDEX live order book, 41 min ago	1.34 bp	13.1 bp −$13	42.7 bp −$427	doesn't fit	doesn't fit
Sell Hyperliquid live order book, 11 min ago	1.60 bp	6.3 bp −$6	6.4 bp −$64	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 −0.0009%	1h	596.33	−0.137%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.35	+0.033%	$48.4M	$61.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	596.23	−0.154%	$1.1M	$667K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	597.05	−0.017%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	593.77	−0.566%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0246%	8h	597.79	+0.107%	$6.9M	$2.7M	—	as long as short
MEXC XMR_USDT	+0.0327%	8h	597.31	+0.027%	$22.4M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0327%	8h	597.27	+0.020%	$54.8M	$162.8M	75x	as long as short
BingX XMR-USDT	+0.0374%	8h	597.18	+0.005%	—	$5.7M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	596.09	−0.178%	$5.7M	$20.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica XMR	+0.0387%	1h	597.15	0.000%	$271K	$1.0M	10x	as long as short
Bitget XMRUSDT	+0.0395%	8h	597.42	+0.045%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0469%	8h	597.73	+0.097%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0486%	8h	596.77	−0.064%	$1.6M	$4.5M	50x	as long as short
Aster XMRUSDT	+0.0531%	8h	597.32	+0.028%	$671K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0554%	8h	596.86	−0.049%	$48.8M	$25.8M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0593%	8h	595.66	−0.250%	$354K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	591.89	−0.881%	$3K	$6K	12x	as long as short
Polymarket Perps XMR-USD	+0.0749%	1h	597.26	+0.018%	$23K	$1.8M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0823% / S −0.1341%	1h	596.16	−0.166%	$341K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0860%	8h	597.23	+0.013%	$8K	$4K	20x	as long as short
Lighter XMR	+0.0872%	1h	597.17	+0.003%	$3.5M	$6.7M	10x	as long as short
SoDEX XMR-USDlong	+0.0874%	1h	597.15	long leg	$454K	$3K	5x
Orderly PERP_XMR_USDC	+0.0914%	8h	596.86	−0.049%	$48K	$720K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0956%	1h	597.17	+0.003%	$203K	$575K	20x	as long as short
dYdX XMR-USD	+0.1384%	1h	596.80	−0.058%	$108K	$50K	5x	as long as short
Nado XMR-PERP	+0.1555%	1h	597.14	−0.001%	$1.3M	$480K	10x	as long as short
Extended XMR-USD	+0.1768%	1h	597.09	−0.010%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMRshort	+0.1848%	1h	597.83	+0.114%	$88.5M	$67.5M	5x
HTX XMR-USDT	+0.2120%	8h	594.96	−0.367%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2434%	1h	596.57	−0.097%	$2K	$47K	10x	as long as short