Funding you earn now, next payment 07:00 UTC−0.0234%/8h= −25.7% APRpaid last 24h −0.016%
Price spread now: Nado against Orderly−0.155%7-day average +0.029% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.155%, 7d avg +0.029%
=Together, before fees+0.130%+ Points / potential airdropNado: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Nado is 0.184% cheaper against Orderly than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.029%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.081% in total (about -8.5% 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 | 577.20 | 0.1186 | pay 0.1186% / 8h | 1h 18m | $41K | $562K | 10x |
| Short | Nado XMR-PERP | 576.31 | 0.0951 | get 0.0119% / 1h | 18m 34s | $1.3M | $438K | 10x |
Orderly PERP_XMR_USDC
Nado XMR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$49.23
- Price spread: −0.155% → +0.029%
- −$18.4
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$80.63
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Nado: live order book, 5 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 Nado live order book, 5 min ago | 9.56 bp | 13.1 bp −$13 | 32.6 bp −$326 | 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 −0.0004% | 1h | 574.21 | −0.517% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.927% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 575.40 | −0.311% | $1.0M | $583K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 576.54 | −0.114% | $2K | $1.4M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 576.00 | −0.208% | $1.1M | $1.4M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 576.72 | −0.084% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0256% | 1h | 578.00 | +0.139% | $3.1M | $6.2M | 10x | as long as short |
| Extended XMR-USD | +0.0272% | 1h | 578.27 | +0.186% | $3.0M | $8.2M | 25x | as long as short |
| KuCoin XMRUSDTM | +0.0327% | 8h | 577.61 | +0.071% | $45.6M | $21.9M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.0505% | 1h | 576.32 | −0.152% | $25K | $1.9M | 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
Lighter XMR
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 | +0.0523% | 1h | 575.30 | −0.329% | $104K | $43K | 5x | as long as short |
| Bitget XMRUSDT | +0.0594% | 8h | 578.73 | +0.265% | $9.6M | $11.3M | 50x | as long as short |
| BingX XMR-USDT | +0.0600% | 8h | 578.35 | +0.199% | — | $5.3M | — | as long as short |
| Bybit XMRUSDT | +0.0619% | 8h | 578.31 | +0.192% | $47.0M | $56.9M | 75x | as long as short |
| Binance XMRUSDT | +0.0623% | 8h | 578.56 | +0.236% | $52.6M | $126.4M | 75x | as long as short |
| MEXC XMR_USDT | +0.0623% | 8h | 578.50 | +0.225% | $20.2M | $14.5M | 100x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0630% | 1h | 576.80 | −0.069% | $5.4M | $13.9M | 50x | as long as short |
| Gate XMR_USDT | +0.0682% | 8h | 577.65 | +0.078% | $1.6M | $3.3M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0766% | 8h | 578.58 | +0.240% | $8K | $3K | 20x | as long as short |
| Aster XMRUSDT | +0.0787% | 8h | 578.20 | +0.173% | $641K | $1.9M | 75x | as long as short |
| Hyperliquid XMR | +0.0808% | 1h | 578.23 | +0.178% | $87.6M | $63.9M | 5x | as long as short |
| Nado XMR-PERPshort | +0.0951% | 1h | 576.31 | −0.155% | $1.3M | $438K | 10x | |
| SoDEX XMR-USD | +0.0958% | 1h | 577.63 | +0.074% | $439K | $3K | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0984% | 8h | 575.35 | −0.321% | $334K | $665K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0985% | 1h | 577.70 | +0.087% | $176K | $487K | 20x | as long as short |
| BloFin XMR-USDT | +0.0992% | 8h | 577.80 | +0.104% | $2.7M | $10.7M | 75x | as long as short |
| Pacifica XMR | +0.1002% | 1h | 578.25 | +0.181% | $269K | $876K | 10x | as long as short |
| Variational Omni XMR | +0.1077% | 8h | 574.67 | −0.438% | $6.2M | $2.4M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1162% / S −0.1551% | 1h | 576.07 | −0.195% | $597K | — | 100x | as long as short |
| Orderly PERP_XMR_USDClong | +0.1186% | 8h | 577.20 | long leg | $41K | $562K | 10x | |
| Aftermath Perps XMRUSD | +0.1882% | 1h | 575.21 | −0.345% | $1K | $41K | 10x | as long as short |
dYdX XMR-USD
Bitget XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
Binance XMRUSDT
MEXC XMR_USDT
Kraken Futures PF_XMRUSD
Gate XMR_USDT
Paradex XMR-USD-PERP
Aster XMRUSDT
Hyperliquid XMR
SoDEX XMR-USD
GRVT XMR_USDT_Perp
Backpack XMR_USDC_PERP
BloFin XMR-USDT
Pacifica XMR
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Aftermath Perps XMRUSD