Funding you earn now, next payment 16:00 UTC−0.0463%/8h= −50.7% APRnext payment −$4.63 per $10,000 · paid last 24h −0.159%
Price spread now: Bitget against Orderly−0.181%7-day average +0.030% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.962%−$96 on $10k
+Price spread, last 4 days (all we have)+0.273%+$27 · spread now −0.181%, 7d avg +0.030%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.210% cheaper against Orderly than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 569.73 | 0.1088 | pay 0.1088% / 8h | 6h 54m | $40K | $381K | 10x |
| Short | Bitget XMRUSDT | 568.70 | 0.0625 | get 0.0625% / 8h | 6h 54m | $9.1M | $10.0M | 50x |
Orderly PERP_XMR_USDC
Bitget XMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Orderly. 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
- −$97.16
- Price spread: −0.181% → +0.030%
- −$21.03
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$136.19
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 4 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 4 min ago | 4.46 bp | 14.3 bp −$14 | 22.9 bp −$229 | doesn't fit | doesn't fit |
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 −0.0005% | 1h | 570.03 | +0.054% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.250% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 570.51 | +0.137% | $1.0M | $525K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 569.60 | −0.023% | $29K | $1.5M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 569.24 | −0.086% | $2K | $1.1M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 569.78 | +0.009% | $1.1M | $1.0M | 20x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 569.86 | +0.023% | $11K | — | 3x | as long as short |
| Lighter XMR | +0.0224% | 1h | 568.70 | −0.181% | $3.0M | $4.7M | 10x | as long as short |
| Gate XMR_USDT | +0.0307% | 8h | 568.56 | −0.205% | $1.6M | $2.2M | 50x | as long as short |
| Bybit XMRUSDT | +0.0423% | 8h | 568.24 | −0.262% | $46.1M | $46.5M | 75x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
Lighter XMR
Gate XMR_USDT
Bybit XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0462% | 8h | 568.45 | −0.225% | $19.6M | $8.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0463% | 8h | 568.83 | −0.158% | $52.1M | $96.1M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0468% | 8h | 568.30 | −0.251% | $45.1M | $16.9M | 50x | as long as short |
| Aster XMRUSDT | +0.0555% | 8h | 568.81 | −0.162% | $657K | $1.5M | 75x | as long as short |
| Hyperliquid XMR | +0.0577% | 1h | 569.14 | −0.104% | $86.5M | $55.5M | 5x | as long as short |
| BingX XMR-USDT | +0.0583% | 8h | 568.92 | −0.142% | — | $5.0M | — | as long as short |
| Extended XMR-USD | +0.0616% | 1h | 568.59 | −0.200% | $2.9M | $7.2M | 25x | as long as short |
| Bitget XMRUSDTshort | +0.0625% | 8h | 568.70 | −0.181% | $9.1M | $10.0M | 50x | |
| Backpack XMR_USDC_PERP | +0.0662% | 1h | 569.37 | −0.063% | $127K | $413K | 20x | as long as short |
| Pacifica XMR | +0.0710% | 1h | 568.68 | −0.184% | $269K | $698K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0723% | 8h | 570.42 | +0.121% | $341K | $641K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0740% | 8h | 568.60 | −0.198% | $8K | $1K | 20x | as long as short |
| BloFin XMR-USDT | +0.0774% | 8h | 569.44 | −0.051% | $2.7M | $9.5M | 75x | as long as short |
| Variational Omni XMR | +0.0794% | 8h | 568.91 | −0.144% | $6.1M | $2.3M | — | as long as short |
| Kraken Futures PF_XMRUSD | +0.0858% | 1h | 568.62 | −0.195% | $5.4M | $7.1M | 50x | as long as short |
| SoDEX XMR-USD | +0.0945% | 1h | 569.69 | −0.007% | $433K | $4K | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0983% / S −0.1195% | 1h | 568.72 | −0.176% | $591K | — | 100x | as long as short |
| Nado XMR-PERP | +0.1000% | 1h | 569.45 | −0.049% | $1.2M | $226K | 10x | as long as short |
| Orderly PERP_XMR_USDClong | +0.1088% | 8h | 569.73 | long leg | $40K | $381K | 10x | |
| Aftermath Perps XMRUSD | +0.2069% | 1h | 569.85 | +0.021% | $1K | $38K | 10x | as long as short |
| dYdX XMR-USD | +0.6162% | 1h | 568.04 | −0.297% | $103K | $20K | 5x | as long as short |
MEXC XMR_USDT
Binance XMRUSDT
KuCoin XMRUSDTM
Aster XMRUSDT
Hyperliquid XMR
BingX XMR-USDT
Extended XMR-USD
Backpack XMR_USDC_PERP
Pacifica XMR
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
BloFin XMR-USDT
Variational Omni XMR
Kraken Futures PF_XMRUSD
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Nado XMR-PERP
Aftermath Perps XMRUSD
dYdX XMR-USD