Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.9% APRnext payment +$1.08 per $10,000 · paid last 24h +0.151%
Price spread now: Orderly against Variational Omni−0.050%48s7-day average −0.013% · 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)+0.582%+$58 on $10k
+Price spread, last 4 days (all we have)+0.214%+$21 · spread now −0.050%, 7d avg −0.013%
=Together, before fees+0.796%+ Points / potential airdropVariational Omni: Active · farm board+$80 on $10k · with fees, hour by hour
Funding pays, the price is against you. Orderly is 0.037% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.050% now, against its 7-day average of −0.013%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day). At the pace of the last 3 days (+0.582% in total) that is about 5 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni XMR | 574.77 | 0.1014 | pay 0.1014% / 8h | 4h 20m | $6.5M | $2.2M | — |
| Short | Orderly PERP_XMR_USDC | 574.48 | 0.1122 | get 0.1122% / 8h | 4h 20m | $40K | $735K | 10x |
Variational Omni XMR
Orderly PERP_XMR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Variational Omni. 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
- $22.74
- Price spread: −0.050% → −0.013%
- −$3.73
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $13.01
- Costs to cover
- 0.060%
- Break-even
- 3.0 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Orderly: no order-book sample. 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 Variational Omni RFQ quote, 4 min ago | 3.75 bp | doesn't fit | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +1.354% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0008% | 1h | 573.57 | −0.209% | $50K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 573.88 | −0.155% | $3.3M | $7.5M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.43 | +0.288% | $1.0M | $653K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 574.33 | −0.076% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 575.00 | +0.040% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0150% | 1h | 573.19 | −0.275% | $5.4M | $19.5M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 574.44 | −0.058% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0273% | 1h | 574.26 | −0.088% | $26K | $2.2M | 5x | as long as short |
| Gate XMR_USDT | +0.0375% | 8h | 573.89 | −0.153% | $1.6M | $4.5M | 50x | as long as short |
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Aevo XMR-PERP
Polymarket Perps XMR-USD
Gate XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0379% | 8h | 574.78 | +0.002% | $46.7M | $64.4M | 75x | as long as short |
| dYdX XMR-USD | +0.0395% | 1h | 573.73 | −0.182% | $104K | $44K | 5x | as long as short |
| KuCoin XMRUSDTM | +0.0471% | 8h | 573.64 | −0.196% | $44.8M | $26.7M | 50x | as long as short |
| Binance XMRUSDT | +0.0482% | 8h | 574.56 | −0.036% | $52.5M | $164.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0483% | 8h | 574.38 | −0.068% | $20.1M | $15.0M | 100x | as long as short |
| BingX XMR-USDT | +0.0500% | 8h | 574.89 | +0.021% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0518% | 8h | 573.73 | −0.181% | $9.3M | $14.0M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0541% | 1h | 573.93 | −0.146% | $169K | $535K | 20x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 574.49 | −0.048% | $266K | $1.1M | 10x | as long as short |
| Extended XMR-USD | +0.0632% | 1h | 574.57 | −0.034% | $3.1M | $8.4M | 25x | as long as short |
| Aster XMRUSDT | +0.0670% | 8h | 573.87 | −0.156% | $637K | $2.4M | 75x | as long as short |
| Nado XMR-PERP | +0.0763% | 1h | 574.62 | −0.025% | $1.3M | $466K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0772% | 8h | 574.53 | −0.042% | $8K | $4K | 20x | as long as short |
| BloFin XMR-USDT | +0.0779% | 8h | 574.93 | +0.028% | $2.7M | $11.2M | 75x | as long as short |
| Hyperliquid XMR | +0.0798% | 1h | 574.30 | −0.082% | $86.3M | $71.0M | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0842% | 8h | 575.85 | +0.188% | $345K | $733K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0989% / S −0.1253% | 1h | 573.37 | −0.243% | $590K | — | 100x | as long as short |
| Variational Omni XMRlong | +0.1014% | 8h | 574.77 | long leg | $6.5M | $2.2M | — | |
| SoDEX XMR-USD | +0.1042% | 1h | 574.35 | −0.073% | $437K | $3K | 5x | as long as short |
| Orderly PERP_XMR_USDCshort | +0.1122% | 8h | 574.48 | −0.050% | $40K | $735K | 10x | |
| Aftermath Perps XMRUSD | +0.2036% | 1h | 575.93 | +0.203% | $2K | $44K | 10x | as long as short |
Bybit XMRUSDT
dYdX XMR-USD
KuCoin XMRUSDTM
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Pacifica XMR
Extended XMR-USD
Aster XMRUSDT
Nado XMR-PERP
Paradex XMR-USD-PERP
BloFin XMR-USDT
Hyperliquid XMR
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
SoDEX XMR-USD
Aftermath Perps XMRUSD