XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.195%

Price spread now: Polymarket Perps against dYdX+0.110%47s7-day average +0.236% · you sell dearer than you buy

Net, funding: paid 7d − costs−$338as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2962.962% of the position

Long on dYdX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.413%−$41 on $10k

Price spread, last 4 days (all we have)+2.826%+$283 · spread now +0.110%, 7d avg +0.236%

Together, before fees+2.412%+$241 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.126% cheaper against dYdX than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.236%). Swap the legs. The two prices were read 47 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	dYdX XMR-USD	575.30	0.0386	pay 0.0048% / 1h	15m 40s	$104K	$44K	5x
Short	Polymarket Perps XMR-USD	575.93	0.0334	get 0.0042% / 1h	15m 40s	$25K	$2.2M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against dYdX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee dYdXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.110%Rate

Funding earned: −$11.08
Price spread: +0.110% → +0.236%: −$12.59
Slippage, 4 orders: −$278.25
Fee dYdX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$319.92
Costs to cover: 2.962%
Break-even: never at this rate

Slippage from dYdX: live order book, 43 min ago; Polymarket Perps: live order book, 3 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 dYdX live order book, 43 min ago	134.90 bp	143.0 bp −$143	143.3 bp −$1,433	311.7 bp −$31.2K	1443.0 bp −$721.5K
Sell Polymarket Perps live order book, 3 min ago	2.17 bp	6.9 bp −$7	6.9 bp −$69	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
Injective XMR/USDC PERP	−0.0136%	1h	582.55	+1.261%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0008%	1h	574.92	−0.065%	$50K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	575.67	+0.065%	$3.3M	$7.5M	10x	as long as short
edgeX XMRUSDC	+0.0100%	4h	574.84	−0.079%	$1.0M	$654K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.41	+0.020%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	576.71	+0.246%	$1.1M	$1.6M	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0149%	1h	574.83	−0.081%	$5.4M	$19.5M	50x	as long as short
Aevo XMR-PERP	+0.0200%	1h	576.35	+0.183%	$12K	—	3x	as long as short
Polymarket Perps XMR-USDshort	+0.0334%	1h	575.93	+0.110%	$25K	$2.2M	5x
Gate XMR_USDT	+0.0380%	8h	575.39	+0.016%	$1.6M	$4.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XMR-USDlong	+0.0386%	1h	575.30	long leg	$104K	$44K	5x
Bybit XMRUSDT	+0.0411%	8h	576.43	+0.197%	$46.8M	$64.4M	75x	as long as short
KuCoin XMRUSDTM	+0.0452%	8h	575.44	+0.025%	$45.1M	$26.7M	50x	as long as short
MEXC XMR_USDT	+0.0487%	8h	576.30	+0.174%	$20.2M	$15.0M	100x	as long as short
BingX XMR-USDT	+0.0491%	8h	576.30	+0.174%	—	$5.7M	—	as long as short
Binance XMRUSDT	+0.0493%	8h	576.38	+0.188%	$52.8M	$164.9M	75x	as long as short
Bitget XMRUSDT	+0.0517%	8h	576.31	+0.176%	$9.4M	$14.0M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0532%	1h	575.66	+0.063%	$169K	$534K	20x	as long as short
Pacifica XMR	+0.0626%	1h	576.14	+0.147%	$266K	$1.1M	10x	as long as short
Extended XMR-USD	+0.0664%	1h	576.25	+0.167%	$3.1M	$8.3M	25x	as long as short
Aster XMRUSDT	+0.0677%	8h	575.40	+0.018%	$638K	$2.3M	75x	as long as short
Nado XMR-PERP	+0.0780%	1h	576.25	+0.167%	$1.3M	$466K	10x	as long as short
BloFin XMR-USDT	+0.0781%	8h	576.47	+0.204%	$2.7M	$11.2M	75x	as long as short
Paradex XMR-USD-PERP	+0.0822%	8h	575.91	+0.106%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0847%	8h	574.91	−0.067%	$344K	$733K	10x	as long as short
Hyperliquid XMR	+0.0873%	1h	576.28	+0.171%	$86.7M	$71.1M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0990% / S −0.1253%	1h	574.96	−0.058%	$592K	—	100x	as long as short
Variational Omni XMR	+0.1023%	8h	576.24	+0.165%	$6.6M	$2.2M	—	as long as short
Orderly PERP_XMR_USDC	+0.1122%	8h	576.13	+0.145%	$40K	$735K	10x	as long as short
SoDEX XMR-USD	+0.1140%	1h	576.27	+0.169%	$438K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1989%	1h	575.75	+0.078%	$2K	$44K	10x	as long as short