XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1200%/8h= +131.4% APRnext payment +$1.50 per $10,000 · paid last 24h −0.119%

Price spread now: Hyperliquid against dYdX+0.154%7-day average +0.177% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on dYdX Short on Hyperliquid

What this pair did over the last

the charts below follow

Funding, last 7 days−0.592%−$59 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.154%, 7d avg +0.177%

Together, before fees−0.498%+ Points / potential airdropHyperliquid: Season 2 · farm board−$50 on $10k · with fees, hour by hour

Funding pays, the price is against you. Hyperliquid is 0.023% cheaper against dYdX than usual: you would sell low and buy high (spread +0.154% now, against its 7-day average of +0.177%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$36 a day). Mind the row above: over the last 7 days funding on this pair cost −0.592%, 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 7 days it paid -0.592% in total (about -30.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.50 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	dYdX XMR-USD	585.60	0.0392	pay 0.0049% / 1h	1m 35s	$106K	$50K	5x
Short	Hyperliquid XMR	586.50	0.1592	get 0.0199% / 1h	1m 35s	$88.6M	$73.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hyperliquid against dYdX. 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 dYdXbpFee HyperliquidbpOrdersPrice spread, now +0.154%Rate

Funding earned: $252.05
Price spread: +0.154% → +0.177%: −$2.33
Slippage, 4 orders: no order book: not counted
Fee dYdX: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $230.72
Costs to cover: 0.190%
Break-even: 0.6 days

Slippage unknown: dYdX: live order book, 2 min ago; Hyperliquid: live order book, 12 min ago. Net counts fees only.

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 dYdX live order book, 2 min ago	74.57 bp	89.0 bp −$89	90.0 bp −$900	267.6 bp −$26.8K	1122.4 bp −$561.2K
Sell Hyperliquid live order book, 12 min ago	1.11 bp	8.2 bp −$8	doesn't fit	doesn't fit	doesn't fit

XMR on 30 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 −0.0010%	1h	585.39	−0.036%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.906%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	586.69	+0.185%	$1.0M	$669K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	585.89	+0.049%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	585.95	+0.060%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0216%	1h	586.64	+0.177%	$12K	—	3x	as long as short
dYdX XMR-USDlong	+0.0392%	1h	585.60	long leg	$106K	$50K	5x
Binance XMRUSDT	+0.0523%	8h	586.48	+0.150%	$53.5M	$168.0M	75x	as long as short
MEXC XMR_USDT	+0.0524%	8h	586.56	+0.164%	$20.9M	$15.3M	100x	as long as short
Bitget XMRUSDT	+0.0622%	8h	586.40	+0.137%	$9.6M	$14.2M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0712%	8h	586.68	+0.184%	$652K	$2.5M	75x	as long as short
BingX XMR-USDT	+0.0757%	8h	586.48	+0.150%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.0766%	8h	586.49	+0.152%	$47.5M	$65.0M	75x	as long as short
KuCoin XMRUSDTM	+0.0781%	8h	586.22	+0.106%	$48.1M	$26.1M	50x	as long as short
Gate XMR_USDT	+0.0786%	8h	585.86	+0.044%	$1.6M	$4.6M	50x	as long as short
Pacifica XMR	+0.0821%	1h	586.45	+0.145%	$270K	$1.1M	10x	as long as short
Polymarket Perps XMR-USD	+0.0882%	1h	586.08	+0.082%	$31K	$2.1M	5x	as long as short
Backpack XMR_USDC_PERP	+0.0884%	1h	585.97	+0.063%	$173K	$539K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0963% / S −0.1224%	1h	585.37	−0.040%	$652K	—	100x	as long as short
Lighter XMR	+0.0968%	1h	586.28	+0.116%	$3.3M	$7.2M	10x	as long as short
Variational Omni XMR	+0.1058%	8h	586.20	+0.102%	$6.7M	$2.5M	—	as long as short
GRVT XMR_USDT_Perp	+0.1061%	8h	586.38	+0.134%	$343K	$773K	10x	as long as short
Orderly PERP_XMR_USDC	+0.1082%	8h	586.56	+0.164%	$42K	$736K	10x	as long as short
Paradex XMR-USD-PERP	+0.1200%	8h	586.34	+0.125%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1306%	1h	585.34	−0.044%	$5.5M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1400%	1h	586.37	+0.131%	$1.3M	$466K	10x	as long as short
SoDEX XMR-USD	+0.1565%	1h	586.64	+0.178%	$446K	$3K	5x	as long as short
Hyperliquid XMRshort	+0.1592%	1h	586.50	+0.154%	$88.6M	$73.1M	5x
Extended XMR-USD	+0.1768%	1h	586.33	+0.124%	$3.1M	$8.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2692%	1h	585.97	+0.062%	$1K	$46K	10x	as long as short