XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0566%/8h= −62.0% APRnext payment −$0.71 per $10,000 · paid last 24h +0.114%

Price spread now: Nado against Hyperliquid−0.346%7-day average +0.047% · 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−$89as in the Price arb table

costs, in and out, $10k−$490.493% of the position

Long on Hyperliquid Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.452%+$45 on $10k

Price spread, last 7 days+0.212%+$21 · spread now −0.346%, 7d avg +0.047%

Together, before fees+0.664%+ Points / potential airdropHyperliquid: Season 2 · Nado: Active · farm board+$66 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Nado is 0.393% cheaper against Hyperliquid than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of +0.047%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.452%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hyperliquid XMR	597.21	0.1888	pay 0.0236% / 1h	17m 48s	$89.2M	$69.2M	5x
Short	Nado XMR-PERP	595.14	0.1322	get 0.0165% / 1h	17m 48s	$1.3M	$474K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Hyperliquid. 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 HyperliquidbpFee NadobpOrdersPrice spread, now −0.346%Rate

Funding earned: −$118.81
Price spread: −0.346% → +0.047%: −$39.29
Slippage, 4 orders: −$33.3
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$207.4
Costs to cover: 0.493%
Break-even: never at this rate

Slippage from Hyperliquid: live order book, 6 min ago; Nado: 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 Hyperliquid live order book, 6 min ago	1.25 bp	11.0 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 6 min ago	10.13 bp	13.7 bp −$14	154.1 bp −$1,541	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	594.17	−0.509%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	596.62	−0.098%	$48.4M	$61.8M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	596.41	−0.134%	$1.1M	$665K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	594.48	−0.457%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	595.32	−0.317%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0298%	8h	597.20	−0.002%	$6.9M	$2.6M	—	as long as short
MEXC XMR_USDT	+0.0329%	8h	596.81	−0.066%	$22.3M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0331%	8h	596.54	−0.111%	$54.7M	$163.1M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0383%	1h	593.98	−0.540%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0387%	1h	596.94	−0.045%	$271K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0393%	8h	597.01	−0.033%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0413%	8h	596.56	−0.108%	$9.9M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0465%	8h	595.53	−0.281%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0534%	8h	595.99	−0.204%	$1.7M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0538%	8h	595.64	−0.262%	$48.5M	$25.8M	50x	as long as short
Aster XMRUSDT	+0.0549%	8h	596.39	−0.137%	$682K	$2.3M	75x	as long as short
Lighter XMR	+0.0576%	1h	596.42	−0.132%	$3.4M	$6.9M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0604%	8h	595.78	−0.238%	$347K	$797K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	−0.075%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0807% / S −0.1288%	1h	594.02	−0.533%	$330K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.0859%	1h	595.34	−0.313%	$23K	$1.8M	5x	as long as short
Paradex XMR-USD-PERP	+0.0860%	8h	596.60	−0.102%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.0870%	1h	595.13	−0.348%	$452K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0944%	8h	594.66	−0.426%	$43K	$729K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0949%	1h	595.41	−0.301%	$203K	$575K	20x	as long as short
Nado XMR-PERPshort	+0.1322%	1h	595.14	−0.346%	$1.3M	$474K	10x
dYdX XMR-USD	+0.1753%	1h	594.59	−0.438%	$108K	$50K	5x	as long as short
Extended XMR-USD	+0.1872%	1h	596.77	−0.073%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMRlong	+0.1888%	1h	597.21	long leg	$89.2M	$69.2M	5x
HTX XMR-USDT	+0.1960%	8h	593.81	−0.569%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2410%	1h	595.18	−0.340%	$2K	$47K	10x	as long as short