Funding you earn now, next payment 23:00 UTC+0.1287%/8h= +141.0% APRpaid last 24h +0.294%
Price spread now: dYdX against Bybit+0.203%7-day average −0.186% · you sell dearer than you buy
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$417as in the Price arb table
costs, in and out, $10k−$4564.561% of the position
Funding, last 7 days+0.962%+$96 on $10k
+Price spread, last 4 days (all we have)−0.588%−$59 · spread now +0.203%, 7d avg −0.186%
=Both sides work for this trade now. Funding pays +$39 a day on $10k at the current rate, and dYdX is 0.390% dearer against Bybit than usual: you sell high and buy low: +$39 more if the spread goes back to its 7-day average of −0.186%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 594.89 | 0.0100 | pay 0.0100% / 8h | 1h 44m | $48.1M | $61.4M | 75x |
| Short | dYdX XMR-USD | 596.10 | 0.1387 | get 0.0173% / 1h | 44m 58s | $108K | $50K | 5x |
Bybit XMRUSDT
dYdX XMR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Bybit. 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
- $270.35
- Price spread: +0.203% → −0.186%
- $38.98
- Slippage, 4 orders
- −$435.09
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$146.76
- Costs to cover
- 4.561%
- Break-even
- 10.8 days
Slippage from Bybit: live order book, 4 min ago; dYdX: live order book, 39 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 Bybit live order book, 4 min ago | 0.08 bp | 12.0 bp −$12 | 24.7 bp −$247 | 85.2 bp −$8,517 | doesn't fit |
| Sell dYdX live order book, 39 min ago | 8.36 bp | 212.0 bp −$212 | 267.5 bp −$2,675 | 406.4 bp −$40.6K | 953.1 bp −$476.6K |
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 | 595.27 | +0.064% | $44K | — | 150x | as long as short |
| Bybit XMRUSDTlong | +0.0100% | 8h | 594.89 | long leg | $48.1M | $61.4M | 75x | |
| edgeX XMRUSDC | +0.0100% | 4h | 596.83 | +0.326% | $1.1M | $667K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 595.63 | +0.124% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 595.66 | +0.129% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0246% | 8h | 597.79 | +0.487% | $6.9M | $2.7M | — | as long as short |
| MEXC XMR_USDT | +0.0333% | 8h | 595.07 | +0.030% | $22.3M | $15.0M | 100x | as long as short |
| Binance XMRUSDT | +0.0334% | 8h | 595.01 | +0.021% | $54.6M | $162.8M | 75x | as long as short |
| BingX XMR-USDT | +0.0375% | 8h | 595.04 | +0.025% | — | $5.7M | — | as long as short |
| Kraken Futures PF_XMRUSD | +0.0383% | 1h | 593.95 | −0.158% | $5.7M | $20.4M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Variational Omni XMR
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Kraken Futures PF_XMRUSDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica XMR | +0.0387% | 1h | 596.74 | +0.312% | $270K | $1.0M | 10x | as long as short |
| Bitget XMRUSDT | +0.0394% | 8h | 595.49 | +0.101% | $9.9M | $14.2M | 50x | as long as short |
| Gate XMR_USDT | +0.0475% | 8h | 594.84 | −0.008% | $1.6M | $4.5M | 50x | as long as short |
| BloFin XMR-USDT | +0.0476% | 8h | 595.29 | +0.067% | $2.8M | $11.4M | 75x | as long as short |
| Aster XMRUSDT | +0.0533% | 8h | 595.09 | +0.034% | $669K | $2.3M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0560% | 8h | 594.73 | −0.027% | $48.6M | $25.8M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0600% | 8h | 597.98 | +0.520% | $355K | $785K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.0695% | 1h | 591.89 | −0.504% | $3K | $6K | 12x | as long as short |
| Polymarket Perps XMR-USD | +0.0710% | 1h | 596.54 | +0.277% | $23K | $1.8M | 5x | as long as short |
| SoDEX XMR-USD | +0.0734% | 1h | 595.06 | +0.029% | $452K | $3K | 5x | as long as short |
| Lighter XMR | +0.0808% | 1h | 595.05 | +0.027% | $3.5M | $6.7M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0822% / S −0.1341% | 1h | 595.35 | +0.077% | $341K | — | 100x | as long as short |
| Paradex XMR-USD-PERP | +0.0872% | 8h | 596.60 | +0.288% | $8K | $4K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.0907% | 8h | 595.01 | +0.020% | $48K | $719K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0982% | 1h | 594.73 | −0.027% | $202K | $575K | 20x | as long as short |
| dYdX XMR-USDshort | +0.1387% | 1h | 596.10 | +0.203% | $108K | $50K | 5x | |
| Nado XMR-PERP | +0.1610% | 1h | 596.14 | +0.210% | $1.3M | $479K | 10x | as long as short |
| Extended XMR-USD | +0.1736% | 1h | 595.59 | +0.118% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1817% | 1h | 595.59 | +0.118% | $88.0M | $67.3M | 5x | as long as short |
| HTX XMR-USDT | +0.2141% | 8h | 595.00 | +0.018% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2455% | 1h | 596.46 | +0.264% | $2K | $47K | 10x | as long as short |
Pacifica XMR
Bitget XMRUSDT
Gate XMR_USDT
BloFin XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
GRVT XMR_USDT_Perp
Injective XMR/USDC PERP
Polymarket Perps XMR-USD
SoDEX XMR-USD
Lighter XMR
GMX XMR/USD [WBTC.b-USDC]
Paradex XMR-USD-PERP
Orderly PERP_XMR_USDC
Backpack XMR_USDC_PERP
Nado XMR-PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD