Funding you earn now, next payment 07:00 UTC+0.0921%/8h= +100.9% APRpaid last 24h +0.163%
Price spread now: Orderly against Lighter−0.074%7-day average −0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.608%+$61 on $10k
+Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.074%, 7d avg −0.004%
=Together, before fees+0.665%+ Points / potential airdropLighter: Season 3 · farm board+$66 on $10k · with fees, hour by hour
Funding pays, the price is against you. Orderly is 0.069% cheaper against Lighter than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.004%). If the spread goes back, that is −$7 on $10k: about 6 hours of funding at the current rate (+$28 a day). At the pace of the last 7 days (+0.608% in total) that is about 19 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.608% in total (about 31.7% a year). A funding rate is set anew for every payment. 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 | Lighter XMR | 575.59 | 0.0264 | pay 0.0033% / 1h | 23m 22s | $3.1M | $6.2M | 10x |
| Short | Orderly PERP_XMR_USDC | 575.16 | 0.1185 | get 0.1185% / 8h | 1h 23m | $40K | $588K | 10x |
Lighter XMR
Orderly PERP_XMR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Lighter. 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
- $193.48
- Price spread: −0.074% → −0.004%
- −$6.94
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $180.54
- Costs to cover
- 0.060%
- Break-even
- 0.5 days
Slippage unknown: Lighter: live order book, 5 min ago; Orderly: no order-book sample. 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 Lighter live order book, 5 min ago | 2.96 bp | 3.0 bp −$3 | 18.5 bp −$185 | 113.0 bp −$11.3K | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0004% | 1h | 574.02 | −0.272% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.210% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 574.92 | −0.116% | $1.0M | $582K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 574.50 | −0.189% | $2K | $1.5M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 574.83 | −0.131% | $1.1M | $1.4M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 575.90 | +0.055% | $12K | — | 3x | as long as short |
| Lighter XMRlong | +0.0264% | 1h | 575.59 | long leg | $3.1M | $6.2M | 10x | |
| Extended XMR-USD | +0.0304% | 1h | 575.25 | −0.058% | $3.0M | $8.2M | 25x | as long as short |
| KuCoin XMRUSDTM | +0.0321% | 8h | 574.95 | −0.110% | $45.4M | $22.3M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.0504% | 1h | 574.93 | −0.114% | $25K | $2.0M | 5x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
Extended XMR-USD
KuCoin XMRUSDTM
Polymarket Perps XMR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX XMR-USD | +0.0581% | 1h | 574.53 | −0.183% | $104K | $43K | 5x | as long as short |
| Bitget XMRUSDT | +0.0599% | 8h | 575.41 | −0.030% | $9.6M | $11.6M | 50x | as long as short |
| BingX XMR-USDT | +0.0604% | 8h | 575.52 | −0.011% | — | $5.4M | — | as long as short |
| Bybit XMRUSDT | +0.0625% | 8h | 575.37 | −0.037% | $46.7M | $58.1M | 75x | as long as short |
| MEXC XMR_USDT | +0.0631% | 8h | 575.19 | −0.069% | $20.1M | $14.5M | 100x | as long as short |
| Binance XMRUSDT | +0.0631% | 8h | 575.43 | −0.026% | $52.3M | $132.6M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0632% | 1h | 574.61 | −0.170% | $5.4M | $15.2M | 50x | as long as short |
| Gate XMR_USDT | +0.0683% | 8h | 574.82 | −0.133% | $1.6M | $3.3M | 50x | as long as short |
| Aster XMRUSDT | +0.0791% | 8h | 575.16 | −0.074% | $637K | $2.0M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0792% | 8h | 575.90 | +0.055% | $8K | $3K | 20x | as long as short |
| Hyperliquid XMR | +0.0813% | 1h | 575.04 | −0.095% | $87.1M | $63.8M | 5x | as long as short |
| SoDEX XMR-USD | +0.0960% | 1h | 575.67 | +0.015% | $438K | $3K | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0985% | 8h | 574.91 | −0.117% | $343K | $704K | 10x | as long as short |
| Nado XMR-PERP | +0.0987% | 1h | 575.20 | −0.067% | $1.3M | $444K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0987% | 1h | 575.41 | −0.030% | $175K | $491K | 20x | as long as short |
| Pacifica XMR | +0.1002% | 1h | 575.47 | −0.020% | $265K | $906K | 10x | as long as short |
| BloFin XMR-USDT | +0.1043% | 8h | 576.02 | +0.076% | $2.7M | $10.7M | 75x | as long as short |
| Variational Omni XMR | +0.1088% | 8h | 575.02 | −0.097% | $6.2M | $2.4M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1151% / S −0.1530% | 1h | 574.43 | −0.201% | $596K | — | 100x | as long as short |
| Orderly PERP_XMR_USDCshort | +0.1185% | 8h | 575.16 | −0.074% | $40K | $588K | 10x | |
| Aftermath Perps XMRUSD | +0.1898% | 1h | 575.01 | −0.100% | $1K | $41K | 10x | as long as short |
dYdX XMR-USD
Bitget XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Kraken Futures PF_XMRUSD
Gate XMR_USDT
Aster XMRUSDT
Paradex XMR-USD-PERP
Hyperliquid XMR
SoDEX XMR-USD
GRVT XMR_USDT_Perp
Nado XMR-PERP
Backpack XMR_USDC_PERP
Pacifica XMR
BloFin XMR-USDT
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Aftermath Perps XMRUSD