Funding you earn now, next payment 06:00 UTC+0.0485%/8h= +53.1% APRnext payment +$0.61 per $10,000 · paid last 24h +0.114%
Price spread now: Hyperliquid against Pacifica+0.100%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.141%+$14 on $10k
+Price spread, last 7 days−0.099%−$10 · spread now +0.100%, 7d avg −0.019%
=Together, before fees+0.041%+ Points / potential airdropPacifica: Active · Hyperliquid: Season 2 · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Hyperliquid is 0.120% dearer against Pacifica than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.019%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.141% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.61 per $10,000. 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 | Pacifica XMR | 569.87 | 0.0912 | pay 0.0114% / 1h | 55m 59s | $264K | $1.0M | 10x |
| Short | Hyperliquid XMR | 570.44 | 0.1397 | get 0.0175% / 1h | 55m 59s | $86.0M | $71.4M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Pacifica. 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
- $101.86
- Price spread: +0.100% → −0.019%
- $11.99
- Slippage, 4 orders
- −$24.24
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $72.61
- Costs to cover
- 0.412%
- Break-even
- 2.0 days
Slippage from Pacifica: live order book, 3 min ago; Hyperliquid: live order book, 8 min ago.
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 Pacifica live order book, 3 min ago | 2.19 bp | 9.6 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 0.44 bp | 7.6 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
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 −0.0003% | 1h | 568.82 | −0.184% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.226% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 568.63 | −0.217% | $1.0M | $645K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 569.87 | 0.000% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 569.00 | −0.152% | $1.0M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0224% | 1h | 570.39 | +0.092% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0270% | 8h | 569.72 | −0.026% | $44.8M | $26.5M | 50x | as long as short |
| Bitget XMRUSDT | +0.0547% | 8h | 570.91 | +0.183% | $9.4M | $13.5M | 50x | as long as short |
| Gate XMR_USDT | +0.0568% | 8h | 570.25 | +0.067% | $1.5M | $4.3M | 50x | as long as short |
| MEXC XMR_USDT | +0.0581% | 8h | 570.87 | +0.176% | $19.7M | $14.6M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0588% | 8h | 570.85 | +0.172% | $52.2M | $163.5M | 75x | as long as short |
| BingX XMR-USDT | +0.0638% | 8h | 570.67 | +0.141% | — | $5.7M | — | as long as short |
| Bybit XMRUSDT | +0.0681% | 8h | 570.66 | +0.139% | $46.2M | $64.8M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0692% | 8h | 569.55 | −0.056% | $8K | $4K | 20x | as long as short |
| Extended XMR-USD | +0.0696% | 1h | 570.64 | +0.136% | $3.0M | $8.4M | 25x | as long as short |
| Aster XMRUSDT | +0.0737% | 8h | 569.80 | −0.012% | $638K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0752% | 1h | 569.56 | −0.053% | $5.4M | $19.1M | 50x | as long as short |
| Pacifica XMRlong | +0.0912% | 1h | 569.87 | long leg | $264K | $1.0M | 10x | |
| Lighter XMR | +0.0920% | 1h | 570.41 | +0.095% | $3.1M | $7.5M | 10x | as long as short |
| BloFin XMR-USDT | +0.0958% | 8h | 570.45 | +0.102% | $2.7M | $11.1M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0972% | 8h | 568.55 | −0.231% | $336K | $720K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1012% / S −0.1311% | 1h | 568.64 | −0.215% | $589K | — | 100x | as long as short |
| Polymarket Perps XMR-USD | +0.1034% | 1h | 570.08 | +0.037% | $28K | $2.2M | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.1164% | 8h | 570.46 | +0.104% | $40K | $723K | 10x | as long as short |
| Variational Omni XMR | +0.1177% | 8h | 570.56 | +0.121% | $6.3M | $2.3M | — | as long as short |
| Nado XMR-PERP | +0.1314% | 1h | 570.07 | +0.036% | $1.3M | $458K | 10x | as long as short |
| Hyperliquid XMRshort | +0.1397% | 1h | 570.44 | +0.100% | $86.0M | $71.4M | 5x | |
| Backpack XMR_USDC_PERP | +0.1750% | 1h | 570.27 | +0.071% | $168K | $533K | 20x | as long as short |
| SoDEX XMR-USD | +0.1823% | 1h | 570.67 | +0.141% | $434K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1987% | 1h | 569.90 | +0.007% | $1K | $43K | 10x | as long as short |
| dYdX XMR-USD | +0.2463% | 1h | 568.56 | −0.229% | $103K | $44K | 5x | as long as short |
Pacifica XMR
Hyperliquid XMR
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
Gate XMR_USDT
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
Paradex XMR-USD-PERP
Extended XMR-USD
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Lighter XMR
BloFin XMR-USDT
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Polymarket Perps XMR-USD
Variational Omni XMR
Backpack XMR_USDC_PERP
SoDEX XMR-USD
Aftermath Perps XMRUSD