XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0717%/8h= −78.5% APRnext payment −$0.90 per $10,000 · paid last 24h −0.089%

Price spread now: Polymarket Perps against SoDEX−0.061%7-day average −0.005% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$46as in the Price arb table

costs, in and out, $10k−$400.405% of the position

Long on SoDEX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.122%−$12 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.061%, 7d avg −0.005%

Together, before fees−0.095%−$9 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Polymarket Perps is 0.056% cheaper against SoDEX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.005%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.122% in total (about -13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.90 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	576.10	0.1496	pay 0.0187% / 1h	52m 34s	$438K	$3K	5x
Short	Polymarket Perps XMR-USD	575.75	0.0779	get 0.0097% / 1h	52m 34s	$28K	$2.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.061%Rate

Funding earned: −$150.6
Price spread: −0.061% → −0.005%: −$5.59
Slippage, 4 orders: −$24.48
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$196.68
Costs to cover: 0.405%
Break-even: never at this rate

Slippage from SoDEX: live order book, 1 min ago; Polymarket Perps: live order book, 6 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, 1 min ago	0.09 bp	13.6 bp −$14	44.0 bp −$440	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 6 min ago	2.52 bp	7.2 bp −$7	7.3 bp −$73	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 −0.0008%	1h	574.64	−0.253%	$50K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.120%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	575.89	−0.036%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.26	−0.146%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.59	−0.089%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	576.48	+0.067%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0225%	1h	574.53	−0.272%	$5.4M	$19.4M	50x	as long as short
dYdX XMR-USD	+0.0337%	1h	574.43	−0.289%	$104K	$44K	5x	as long as short
KuCoin XMRUSDTM	+0.0383%	8h	575.30	−0.139%	$45.0M	$26.5M	50x	as long as short
Gate XMR_USDT	+0.0467%	8h	575.05	−0.182%	$1.6M	$4.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0480%	1h	575.83	−0.046%	$3.2M	$7.5M	10x	as long as short
BingX XMR-USDT	+0.0487%	8h	576.13	+0.005%	—	$5.6M	—	as long as short
Backpack XMR_USDC_PERP	+0.0501%	1h	575.60	−0.087%	$170K	$534K	20x	as long as short
Bybit XMRUSDT	+0.0502%	8h	576.03	−0.012%	$46.9M	$64.5M	75x	as long as short
Bitget XMRUSDT	+0.0515%	8h	576.17	+0.012%	$9.5M	$13.7M	50x	as long as short
MEXC XMR_USDT	+0.0519%	8h	576.15	+0.009%	$20.0M	$14.7M	100x	as long as short
Binance XMRUSDT	+0.0519%	8h	576.05	−0.009%	$52.7M	$164.1M	75x	as long as short
Pacifica XMR	+0.0682%	1h	576.01	−0.015%	$266K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0688%	8h	575.75	−0.061%	$638K	$2.3M	75x	as long as short
Extended XMR-USD	+0.0728%	1h	575.86	−0.042%	$3.1M	$8.4M	25x	as long as short
Polymarket Perps XMR-USDshort	+0.0779%	1h	575.75	−0.061%	$28K	$2.2M	5x
BloFin XMR-USDT	+0.0844%	8h	575.88	−0.038%	$2.7M	$11.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0902%	8h	575.55	−0.096%	$345K	$721K	10x	as long as short
Paradex XMR-USD-PERP	+0.0931%	8h	576.11	+0.002%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1254%	1h	574.66	−0.249%	$591K	—	100x	as long as short
Variational Omni XMR	+0.1063%	8h	575.28	−0.142%	$6.5M	$2.2M	—	as long as short
Orderly PERP_XMR_USDC	+0.1129%	8h	576.01	−0.016%	$40K	$735K	10x	as long as short
Nado XMR-PERP	+0.1162%	1h	575.96	−0.025%	$1.3M	$460K	10x	as long as short
Hyperliquid XMR	+0.1236%	1h	575.92	−0.031%	$86.7M	$71.1M	5x	as long as short
SoDEX XMR-USDlong	+0.1496%	1h	576.10	long leg	$438K	$3K	5x
Aftermath Perps XMRUSD	+0.1925%	1h	575.82	−0.049%	$1K	$44K	10x	as long as short