Funding you earn now, next payment 00:00 UTC+0.1789%/8h= +195.9% APRpaid last 24h −0.007%
Price spread now: dYdX against Orderly−0.229%7-day average −0.162% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 3 days (all we have)−0.003%$0 · spread now −0.229%, 7d avg −0.162%
=Funding pays, the price is against you. dYdX is 0.066% cheaper against Orderly than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.162%). If the spread goes back, that is −$7 on $10k: about 3 hours of funding at the current rate (+$54 a day). At the pace of the last 7 days (+0.005% in total) that is about 3 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.005% in total (about 0.2% 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 | Orderly PERP_XMR_USDC | 601.08 | 0.0942 | pay 0.0942% / 8h | 44m 08s | $44K | $729K | 10x |
| Short | dYdX XMR-USD | 599.71 | 0.2731 | get 0.0341% / 1h | 44m 08s | $109K | $50K | 5x |
Orderly PERP_XMR_USDC
dYdX XMR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- $375.67
- Price spread: −0.229% → −0.162%
- −$6.65
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $353.02
- Costs to cover
- 0.160%
- Break-even
- 0.4 days
Slippage unknown: Orderly: no order-book sample; dYdX: live order book, 35 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 dYdX live order book, 35 min ago | 56.23 bp | 294.1 bp −$294 | 294.3 bp −$2,943 | 352.3 bp −$35.2K | 1006.5 bp −$503.3K |
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 −0.0009% | 1h | 599.91 | −0.195% | $45K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 601.62 | +0.090% | $49.2M | $62.9M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 601.19 | +0.018% | $1.1M | $667K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 599.50 | −0.263% | $2K | $2.0M | 20x | as long as short |
| Lighter XMR | +0.0152% | 1h | 601.04 | −0.007% | $3.4M | $6.9M | 10x | as long as short |
| Aevo XMR-PERP | +0.0160% | 1h | 601.42 | +0.057% | $12K | — | 3x | as long as short |
| Backpack XMR_USDC_PERP | +0.0327% | 1h | 600.86 | −0.037% | $205K | $575K | 20x | as long as short |
| MEXC XMR_USDT | +0.0328% | 8h | 601.50 | +0.070% | $22.4M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0329% | 8h | 601.24 | +0.027% | $55.0M | $164.1M | 75x | as long as short |
| BingX XMR-USDT | +0.0402% | 8h | 601.61 | +0.088% | — | $5.7M | — | as long as short |
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Lighter XMR
Aevo XMR-PERP
Backpack XMR_USDC_PERP
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XMR | +0.0406% | 8h | 602.08 | +0.166% | $6.9M | $2.6M | — | as long as short |
| Bitget XMRUSDT | +0.0429% | 8h | 601.44 | +0.060% | $10.0M | $14.3M | 50x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0458% | 1h | 600.40 | −0.114% | $5.7M | $20.5M | 50x | as long as short |
| BloFin XMR-USDT | +0.0463% | 8h | 600.53 | −0.092% | $2.8M | $11.7M | 75x | as long as short |
| Gate XMR_USDT | +0.0522% | 8h | 601.00 | −0.013% | $1.7M | $4.6M | 50x | as long as short |
| Pacifica XMR | +0.0565% | 1h | 600.39 | −0.115% | $282K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0577% | 8h | 601.08 | 0.000% | $49.1M | $26.0M | 50x | as long as short |
| Aster XMRUSDT | +0.0588% | 8h | 600.96 | −0.020% | $692K | $2.4M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0609% | 8h | 601.84 | +0.126% | $351K | $786K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0733% | 1h | 601.37 | +0.048% | $23K | $1.8M | 5x | as long as short |
| SoDEX XMR-USD | +0.0778% | 1h | 601.06 | −0.003% | $457K | $3K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0863% | 8h | 600.31 | −0.128% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0888% / S −0.2517% | 1h | 600.02 | −0.176% | $571K | — | 100x | as long as short |
| Orderly PERP_XMR_USDClong | +0.0942% | 8h | 601.08 | long leg | $44K | $729K | 10x | |
| Nado XMR-PERP | +0.1167% | 1h | 600.75 | −0.055% | $1.3M | $475K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.1312% | 1h | 596.76 | −0.719% | $3K | $6K | 12x | as long as short |
| Hyperliquid XMR | +0.1683% | 1h | 601.84 | +0.126% | $90.7M | $70.3M | 5x | as long as short |
| Extended XMR-USD | +0.1784% | 1h | 601.18 | +0.017% | $3.2M | $6.9M | 25x | as long as short |
| HTX XMR-USDT | +0.1993% | 8h | 599.94 | −0.190% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2341% | 1h | 601.21 | +0.022% | $2K | $46K | 10x | as long as short |
| dYdX XMR-USDshort | +0.2731% | 1h | 599.71 | −0.229% | $109K | $50K | 5x |
Variational Omni XMR
Bitget XMRUSDT
Kraken Futures PF_XMRUSD
BloFin XMR-USDT
Gate XMR_USDT
Pacifica XMR
KuCoin XMRUSDTM
Aster XMRUSDT
GRVT XMR_USDT_Perp
Polymarket Perps XMR-USD
SoDEX XMR-USD
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Nado XMR-PERP
Injective XMR/USDC PERP
Hyperliquid XMR
Extended XMR-USD
HTX XMR-USDT
Aftermath Perps XMRUSD