Funding you earn now, next payment 08:00 UTC+0.0356%/8h= +39.0% APRpaid last 24h −0.039%
Price spread now: Orderly against dYdX+0.339%7-day average +0.161% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.339%, 7d avg +0.161%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Orderly is 0.177% dearer against dYdX than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.161%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% a year). A funding rate is set anew for every payment. 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 | dYdX XMR-USD | 571.10 | 0.0796 | pay 0.0099% / 1h | 13m 41s | $103K | $29K | 5x |
| Short | Orderly PERP_XMR_USDC | 573.03 | 0.1152 | get 0.1152% / 8h | 13m 41s | $40K | $448K | 10x |
dYdX XMR-USD
Orderly PERP_XMR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against dYdX. 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
- $74.76
- Price spread: +0.339% → +0.161%
- $17.73
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $76.5
- Costs to cover
- 0.160%
- Break-even
- from the start
Slippage unknown: dYdX: live order book, 25 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 dYdX live order book, 25 min ago | 81.98 bp | 91.2 bp −$91 | 91.6 bp −$916 | 94.3 bp −$9,429 | 591.0 bp −$295.5K |
| 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 −0.0005% | 1h | 572.02 | +0.161% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.006% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 572.85 | +0.308% | $1.0M | $547K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 572.76 | +0.291% | $30K | $1.7M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 572.65 | +0.272% | $2K | $1.3M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 572.67 | +0.276% | $1.1M | $1.1M | 20x | as long as short |
| Extended XMR-USD | +0.0104% | 1h | 572.11 | +0.177% | $3.0M | $7.9M | 25x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 572.64 | +0.271% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0292% | 8h | 571.50 | +0.071% | $45.2M | $18.7M | 50x | as long as short |
| Lighter XMR | +0.0336% | 1h | 571.71 | +0.108% | $3.1M | $5.9M | 10x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Extended XMR-USD
Aevo XMR-PERP
KuCoin XMRUSDTM
Lighter XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0438% | 8h | 571.67 | +0.101% | $46.4M | $51.4M | 75x | as long as short |
| Gate XMR_USDT | +0.0473% | 8h | 571.93 | +0.146% | $1.6M | $2.9M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0480% | 1h | 573.23 | +0.374% | $175K | $420K | 20x | as long as short |
| BingX XMR-USDT | +0.0494% | 8h | 571.92 | +0.144% | — | $5.4M | — | as long as short |
| Hyperliquid XMR | +0.0507% | 1h | 571.73 | +0.111% | $86.8M | $60.9M | 5x | as long as short |
| Binance XMRUSDT | +0.0511% | 8h | 571.90 | +0.141% | $52.2M | $111.3M | 75x | as long as short |
| MEXC XMR_USDT | +0.0511% | 8h | 572.00 | +0.158% | $20.1M | $11.1M | 100x | as long as short |
| Bitget XMRUSDT | +0.0516% | 8h | 572.36 | +0.221% | $9.4M | $10.6M | 50x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0618% | 1h | 572.27 | +0.205% | $5.4M | $9.6M | 50x | as long as short |
| Aster XMRUSDT | +0.0648% | 8h | 572.19 | +0.192% | $640K | $1.7M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0657% | 8h | 572.82 | +0.302% | $8K | $2K | 20x | as long as short |
| Pacifica XMR | +0.0735% | 1h | 572.93 | +0.320% | $267K | $788K | 10x | as long as short |
| SoDEX XMR-USD | +0.0767% | 1h | 573.08 | +0.347% | $436K | $3K | 5x | as long as short |
| dYdX XMR-USDlong | +0.0796% | 1h | 571.10 | long leg | $103K | $29K | 5x | |
| BloFin XMR-USDT | +0.0827% | 8h | 572.45 | +0.237% | $2.7M | $10.1M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0848% | 8h | 573.31 | +0.388% | $332K | $639K | 10x | as long as short |
| Variational Omni XMR | +0.0855% | 8h | 572.61 | +0.264% | $6.2M | $2.3M | — | as long as short |
| Nado XMR-PERP | +0.0972% | 1h | 572.98 | +0.329% | $1.2M | $331K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1123% / S −0.1459% | 1h | 571.37 | +0.047% | $595K | — | 100x | as long as short |
| Orderly PERP_XMR_USDCshort | +0.1152% | 8h | 573.03 | +0.339% | $40K | $448K | 10x | |
| Aftermath Perps XMRUSD | +0.1996% | 1h | 573.03 | +0.338% | $1K | $39K | 10x | as long as short |
Bybit XMRUSDT
Gate XMR_USDT
Backpack XMR_USDC_PERP
BingX XMR-USDT
Hyperliquid XMR
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDT
Kraken Futures PF_XMRUSD
Aster XMRUSDT
Paradex XMR-USD-PERP
Pacifica XMR
SoDEX XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
Variational Omni XMR
Nado XMR-PERP
GMX XMR/USD [WBTC.b-USDC]
Aftermath Perps XMRUSD