Funding you earn now, next payment 08:00 UTC+0.0619%/8h= +67.8% APRnext payment +$6.19 per $10,000 · paid last 24h +0.300%
Price spread now: Orderly against Bybit+0.189%7-day average −0.014% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+1.063%+$106 on $10k
+Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.189%, 7d avg −0.014%
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Orderly is 0.203% dearer against Bybit than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.014%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 582.36 | 0.0492 | pay 0.0492% / 8h | 5h 07m | $47.3M | $64.1M | 75x |
| Short | Orderly PERP_XMR_USDC | 583.46 | 0.1111 | get 0.1111% / 8h | 5h 07m | $41K | $720K | 10x |
Bybit XMRUSDT
Orderly PERP_XMR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Bybit. 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
- $130.04
- Price spread: +0.189% → −0.014%
- $20.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $133.31
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 0.51 bp | 11.3 bp −$11 | 24.4 bp −$244 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0010% | 1h | 582.76 | +0.069% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.033% | $3K | $6K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 585.77 | +0.586% | $1.0M | $655K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 582.80 | +0.076% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 582.44 | +0.014% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 583.52 | +0.199% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0256% | 1h | 582.11 | −0.043% | $25K | $2.1M | 5x | as long as short |
| dYdX XMR-USD | +0.0260% | 1h | 581.81 | −0.095% | $105K | $47K | 5x | as long as short |
| Bybit XMRUSDTlong | +0.0492% | 8h | 582.36 | long leg | $47.3M | $64.1M | 75x | |
| Lighter XMR | +0.0496% | 1h | 582.52 | +0.027% | $3.3M | $7.2M | 10x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
Polymarket Perps XMR-USD
dYdX XMR-USD
Lighter XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0504% | 8h | 582.26 | −0.017% | $20.7M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0504% | 8h | 582.27 | −0.015% | $53.0M | $165.6M | 75x | as long as short |
| Gate XMR_USDT | +0.0532% | 8h | 582.63 | +0.046% | $1.6M | $4.5M | 50x | as long as short |
| BingX XMR-USDT | +0.0569% | 8h | 582.58 | +0.038% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0594% | 8h | 582.20 | −0.027% | $9.5M | $14.1M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0672% | 1h | 582.23 | −0.022% | $171K | $537K | 20x | as long as short |
| KuCoin XMRUSDTM | +0.0672% | 8h | 581.76 | −0.103% | $47.8M | $26.0M | 50x | as long as short |
| Aster XMRUSDT | +0.0713% | 8h | 582.40 | +0.007% | $656K | $2.4M | 75x | as long as short |
| BloFin XMR-USDT | +0.0773% | 8h | 582.87 | +0.088% | $2.7M | $11.4M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0876% | 8h | 582.22 | −0.024% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0911% | 8h | 584.28 | +0.330% | $339K | $764K | 10x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0959% | 1h | 581.66 | −0.120% | $5.5M | $19.6M | 50x | as long as short |
| Nado XMR-PERP | +0.0987% | 1h | 582.22 | −0.024% | $1.3M | $463K | 10x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 582.19 | −0.030% | $268K | $1.1M | 10x | as long as short |
| Hyperliquid XMR | +0.1008% | 1h | 582.29 | −0.012% | $87.8M | $71.1M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1040% / S −0.1407% | 1h | 582.83 | +0.081% | $648K | — | 100x | as long as short |
| Extended XMR-USD | +0.1048% | 1h | 582.11 | −0.043% | $3.1M | $8.0M | 25x | as long as short |
| SoDEX XMR-USD | +0.1055% | 1h | 582.80 | +0.076% | $443K | $3K | 5x | as long as short |
| Variational Omni XMR | +0.1064% | 8h | 586.59 | +0.726% | $6.7M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDCshort | +0.1111% | 8h | 583.46 | +0.189% | $41K | $720K | 10x | |
| Aftermath Perps XMRUSD | +0.2440% | 1h | 584.34 | +0.340% | $1K | $45K | 10x | as long as short |
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
KuCoin XMRUSDTM
Aster XMRUSDT
BloFin XMR-USDT
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
Kraken Futures PF_XMRUSD
Nado XMR-PERP
Pacifica XMR
Hyperliquid XMR
GMX XMR/USD [WBTC.b-USDC]
Extended XMR-USD
SoDEX XMR-USD
Variational Omni XMR
Aftermath Perps XMRUSD