Funding you earn now, next payment 02:00 UTC+0.0490%/8h= +53.6% APRnext payment +$0.61 per $10,000 · paid last 24h +0.066%
Price spread now: SoDEX against Polymarket Perps−0.455%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 3 days (all we have)+0.103%+$10 on $10k
+Price spread, last 3 days (all we have)+0.437%+$44 · spread now −0.455%, 7d avg +0.004%
=Funding pays, the price is against you. SoDEX is 0.459% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.455% now, against its 7-day average of +0.004%). If the spread goes back, that is −$46 on $10k: about 3.1 days of funding at the current rate (+$15 a day). At the pace of the last 3 days (+0.103% in total) that is about 14 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.103% in total (about 11.7% 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 | Polymarket Perps XMR-USD | 582.15 | 0.0970 | pay 0.0121% / 1h | 38m 21s | $60K | $2.0M | 5x |
| Short | SoDEX XMR-USD | 579.50 | 0.1460 | get 0.0182% / 1h | 38m 21s | $440K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Polymarket Perps. 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
- $102.8
- Price spread: −0.455% → +0.004%
- −$45.94
- Slippage, 4 orders
- −$26.88
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $13.98
- Costs to cover
- 0.429%
- Break-even
- 6.0 days
Slippage from Polymarket Perps: live order book, 5 min ago; SoDEX: live order book, 30 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 Polymarket Perps live order book, 5 min ago | 2.23 bp | 10.3 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX live order book, 30 min ago | 0.09 bp | 12.9 bp −$13 | 45.4 bp −$454 | 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 −0.0009% | 1h | 577.88 | −0.734% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +2.510% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 583.29 | +0.197% | $1.0M | $666K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 581.67 | −0.082% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 579.00 | −0.541% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 579.86 | −0.393% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0469% | 8h | 580.72 | −0.246% | $20.8M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0470% | 8h | 580.10 | −0.352% | $53.0M | $168.3M | 75x | as long as short |
| Gate XMR_USDT | +0.0477% | 8h | 579.90 | −0.386% | $1.6M | $4.6M | 50x | as long as short |
| dYdX XMR-USD | +0.0484% | 1h | 581.50 | −0.112% | $105K | $50K | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0576% | 8h | 578.74 | −0.586% | $9.5M | $14.5M | 50x | as long as short |
| Aster XMRUSDT | +0.0644% | 8h | 581.98 | −0.029% | $646K | $2.5M | 75x | as long as short |
| BloFin XMR-USDT | +0.0679% | 8h | 591.31 | +1.573% | $2.7M | $11.6M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0713% | 1h | 582.65 | +0.086% | $182K | $535K | 20x | as long as short |
| KuCoin XMRUSDTM | +0.0732% | 8h | 582.30 | +0.026% | $47.7M | $26.2M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 582.52 | +0.064% | $270K | $1.1M | 10x | as long as short |
| Lighter XMR | +0.0856% | 1h | 579.22 | −0.504% | $3.3M | $7.2M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0915% / S −0.1124% | 1h | 578.34 | −0.654% | $658K | — | 100x | as long as short |
| GRVT XMR_USDT_Perp | +0.0925% | 8h | 582.33 | +0.031% | $339K | $800K | 10x | as long as short |
| BingX XMR-USDT | +0.0938% | 8h | 579.82 | −0.400% | — | $5.8M | — | as long as short |
| Bybit XMRUSDT | +0.0966% | 8h | 579.86 | −0.393% | $46.7M | $65.0M | 75x | as long as short |
| Polymarket Perps XMR-USDlong | +0.0970% | 1h | 582.15 | long leg | $60K | $2.0M | 5x | |
| Variational Omni XMR | +0.0980% | 8h | 582.65 | +0.086% | $6.7M | $2.8M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1049% | 8h | 579.70 | −0.421% | $42K | $735K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1188% | 8h | 582.68 | +0.091% | $8K | $4K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.1323% | 1h | 577.90 | −0.731% | $5.5M | $20.5M | 50x | as long as short |
| Nado XMR-PERP | +0.1335% | 1h | 582.70 | +0.094% | $1.3M | $464K | 10x | as long as short |
| SoDEX XMR-USDshort | +0.1460% | 1h | 579.50 | −0.455% | $440K | $3K | 5x | |
| Hyperliquid XMR | +0.1571% | 1h | 582.29 | +0.024% | $87.9M | $73.1M | 5x | as long as short |
| Extended XMR-USD | +0.2016% | 1h | 579.61 | −0.436% | $3.1M | $8.2M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2724% | 1h | 582.92 | +0.133% | $1K | $46K | 10x | as long as short |
Polymarket Perps XMR-USD
SoDEX XMR-USD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
Bitget XMRUSDT
Aster XMRUSDT
BloFin XMR-USDT
Backpack XMR_USDC_PERP
KuCoin XMRUSDTM
Pacifica XMR
Lighter XMR
GMX XMR/USD [WBTC.b-USDC]
GRVT XMR_USDT_Perp
BingX XMR-USDT
Bybit XMRUSDT
Variational Omni XMR
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD