Funding you earn now, next payment 08:00 UTC−0.0182%/8h= −19.9% APRnext payment −$1.82 per $10,000 · paid last 24h −0.230%
Price spread now: Bybit against Paradex−0.151%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bybit is 0.151% cheaper against Paradex than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XMR-USD-PERP | 575.72 | 0.0819 | pay 0.0819% / 8h | 1h 30m | $8K | $3K | 20x |
| Short | Bybit XMRUSDT | 574.85 | 0.0637 | get 0.0637% / 8h | 1h 30m | $46.6M | $59.5M | 75x |
Paradex XMR-USD-PERP
Bybit XMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Paradex. 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
- −$38.26
- Price spread: −0.151% → 0.000%
- −$15.13
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$68.39
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 9 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 9 min ago | 0.09 bp | 9.6 bp −$10 | 23.5 bp −$235 | 81.0 bp −$8,100 | doesn't fit |
Paradex: 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 | 573.96 | −0.305% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.186% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 574.12 | −0.279% | $1.0M | $633K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 574.33 | −0.242% | $2K | $1.6M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 574.00 | −0.299% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 574.41 | −0.228% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0304% | 1h | 575.07 | −0.113% | $3.1M | $6.2M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0314% | 8h | 574.92 | −0.139% | $45.3M | $23.5M | 50x | as long as short |
| Extended XMR-USD | +0.0344% | 1h | 574.84 | −0.152% | $3.0M | $8.3M | 25x | as long as short |
| Polymarket Perps XMR-USD | +0.0496% | 1h | 574.91 | −0.141% | $23K | $2.0M | 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
KuCoin XMRUSDTM
Extended XMR-USD
Polymarket Perps XMR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0590% | 8h | 575.27 | −0.078% | $9.5M | $11.8M | 50x | as long as short |
| BingX XMR-USDT | +0.0612% | 8h | 575.08 | −0.111% | — | $5.4M | — | as long as short |
| Kraken Futures PF_XMRUSD | +0.0633% | 1h | 574.11 | −0.280% | $5.4M | $16.6M | 50x | as long as short |
| MEXC XMR_USDT | +0.0635% | 8h | 575.15 | −0.099% | $20.1M | $14.4M | 100x | as long as short |
| Binance XMRUSDT | +0.0635% | 8h | 575.08 | −0.112% | $52.3M | $138.9M | 75x | as long as short |
| Bybit XMRUSDTshort | +0.0637% | 8h | 574.85 | −0.151% | $46.6M | $59.5M | 75x | |
| Gate XMR_USDT | +0.0666% | 8h | 574.65 | −0.186% | $1.5M | $3.3M | 50x | as long as short |
| dYdX XMR-USD | +0.0700% | 1h | 573.82 | −0.330% | $104K | $43K | 5x | as long as short |
| Aster XMRUSDT | +0.0794% | 8h | 575.23 | −0.086% | $637K | $2.0M | 75x | as long as short |
| Hyperliquid XMR | +0.0818% | 1h | 574.91 | −0.141% | $87.1M | $65.9M | 5x | as long as short |
| Paradex XMR-USD-PERPlong | +0.0819% | 8h | 575.72 | long leg | $8K | $3K | 20x | |
| Backpack XMR_USDC_PERP | +0.0892% | 1h | 574.67 | −0.183% | $174K | $503K | 20x | as long as short |
| SoDEX XMR-USD | +0.0958% | 1h | 575.10 | −0.108% | $437K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.0987% | 1h | 575.43 | −0.050% | $1.3M | $444K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0994% | 8h | 574.39 | −0.232% | $343K | $711K | 10x | as long as short |
| Pacifica XMR | +0.1002% | 1h | 575.42 | −0.053% | $265K | $927K | 10x | as long as short |
| BloFin XMR-USDT | +0.1047% | 8h | 574.93 | −0.137% | $2.7M | $10.8M | 75x | as long as short |
| Variational Omni XMR | +0.1099% | 8h | 574.60 | −0.194% | $6.2M | $2.4M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1136% / S −0.1500% | 1h | 573.80 | −0.334% | $595K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1187% | 8h | 574.89 | −0.144% | $40K | $588K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1931% | 1h | 574.14 | −0.275% | $1K | $41K | 10x | as long as short |
Bitget XMRUSDT
BingX XMR-USDT
Kraken Futures PF_XMRUSD
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
dYdX XMR-USD
Aster XMRUSDT
Hyperliquid XMR
Backpack XMR_USDC_PERP
SoDEX XMR-USD
Nado XMR-PERP
GRVT XMR_USDT_Perp
Pacifica XMR
BloFin XMR-USDT
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD