Funding you earn now, next payment 07:00 UTC−0.0238%/8h= −26.1% APRpaid last 24h −0.053%
Price spread now: SoDEX against Orderly−0.143%7-day average +0.023% · 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)−0.312%−$31 on $10k
+Price spread, last 4 days (all we have)+0.194%+$19 · spread now −0.143%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.166% cheaper against Orderly than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.023%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 575.26 | 0.1191 | pay 0.1191% / 8h | 1h 42m | $40K | $604K | 10x |
| Short | SoDEX XMR-USD | 574.44 | 0.0953 | get 0.0119% / 1h | 42m 02s | $437K | $3K | 5x |
Orderly PERP_XMR_USDC
SoDEX XMR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$49.96
- Price spread: −0.143% → +0.023%
- −$16.57
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$80.54
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; SoDEX: live order book, 2 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 SoDEX live order book, 2 min ago | 0.17 bp | 12.9 bp −$13 | 51.5 bp −$515 | 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 | 574.61 | −0.114% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.267% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.47 | +0.210% | $1.0M | $636K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 574.86 | −0.070% | $2K | $1.6M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 574.75 | −0.089% | $1.1M | $1.5M | 20x | as long as short |
| dYdX XMR-USD | +0.0224% | 1h | 574.46 | −0.139% | $104K | $43K | 5x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 575.80 | +0.094% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0334% | 8h | 574.92 | −0.059% | $45.3M | $24.1M | 50x | as long as short |
| Lighter XMR | +0.0336% | 1h | 575.22 | −0.008% | $3.1M | $6.2M | 10x | as long as short |
| Extended XMR-USD | +0.0448% | 1h | 575.16 | −0.017% | $3.0M | $8.3M | 25x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
dYdX XMR-USD
Aevo XMR-PERP
KuCoin XMRUSDTM
Lighter XMR
Extended XMR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps XMR-USD | +0.0473% | 1h | 575.25 | −0.002% | $23K | $2.1M | 5x | as long as short |
| Bitget XMRUSDT | +0.0593% | 8h | 575.55 | +0.050% | $9.5M | $12.2M | 50x | as long as short |
| BingX XMR-USDT | +0.0632% | 8h | 575.35 | +0.016% | — | $5.5M | — | as long as short |
| Kraken Futures PF_XMRUSD | +0.0632% | 1h | 574.42 | −0.146% | $5.4M | $17.0M | 50x | as long as short |
| Binance XMRUSDT | +0.0638% | 8h | 575.54 | +0.049% | $52.4M | $143.5M | 75x | as long as short |
| MEXC XMR_USDT | +0.0642% | 8h | 575.35 | +0.016% | $20.0M | $14.4M | 100x | as long as short |
| Bybit XMRUSDT | +0.0662% | 8h | 575.11 | −0.026% | $46.7M | $61.1M | 75x | as long as short |
| Gate XMR_USDT | +0.0670% | 8h | 574.69 | −0.099% | $1.5M | $3.3M | 50x | as long as short |
| Aster XMRUSDT | +0.0798% | 8h | 575.20 | −0.010% | $637K | $2.0M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0848% | 8h | 575.46 | +0.035% | $8K | $3K | 20x | as long as short |
| Hyperliquid XMR | +0.0848% | 1h | 575.24 | −0.004% | $87.1M | $67.5M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.0882% | 1h | 575.03 | −0.040% | $174K | $525K | 20x | as long as short |
| SoDEX XMR-USDshort | +0.0953% | 1h | 574.44 | −0.143% | $437K | $3K | 5x | |
| Pacifica XMR | +0.1002% | 1h | 575.45 | +0.033% | $265K | $944K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1013% | 8h | 576.16 | +0.156% | $344K | $711K | 10x | as long as short |
| Nado XMR-PERP | +0.1031% | 1h | 575.43 | +0.030% | $1.3M | $445K | 10x | as long as short |
| BloFin XMR-USDT | +0.1065% | 8h | 574.95 | −0.054% | $2.7M | $10.9M | 75x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1131% / S −0.1504% | 1h | 574.42 | −0.147% | $603K | — | 100x | as long as short |
| Variational Omni XMR | +0.1137% | 8h | 575.92 | +0.115% | $6.2M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDClong | +0.1191% | 8h | 575.26 | long leg | $40K | $604K | 10x | |
| Aftermath Perps XMRUSD | +0.1968% | 1h | 575.31 | +0.009% | $2K | $42K | 10x | as long as short |
Polymarket Perps XMR-USD
Bitget XMRUSDT
BingX XMR-USDT
Kraken Futures PF_XMRUSD
Binance XMRUSDT
MEXC XMR_USDT
Bybit XMRUSDT
Gate XMR_USDT
Aster XMRUSDT
Paradex XMR-USD-PERP
Hyperliquid XMR
Backpack XMR_USDC_PERP
Pacifica XMR
GRVT XMR_USDT_Perp
Nado XMR-PERP
BloFin XMR-USDT
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Aftermath Perps XMRUSD