Spread before costs (cost unknown: a leg has no order-book sample)−0.072%
7d average—if it closes, per $10,000$7funding while held, a day−$3.31
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XMR | 565.58 | 0.0119 | pay 0.0015% / 1h | 32m 09s | $79.6M | $59.7M | 5x |
| Short | gTrade (Gains Network) XMR/USD | 565.17 | L +0.0010% / S −0.0009% | get 0.0001% / 1h | 32m 09s | $33K | — | 150x |
Hyperliquid XMR
gTrade (Gains Network) XMR/USDPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$7.18
- Funding while held
- −$3.31
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$31.49
- Spread needed to break even
- 0.210%
Slippage unknown: Hyperliquid: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0110%
- Per $10,000 a day
- −$3.31
- Average in range /8h
- —
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 Hyperliquid live order book, 3 min ago | 1.15 bp | 6.2 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
gTrade (Gains Network): 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 price on every exchange
against the cheapest. Click to use as the short leg.Injective554.47cheapestKraken Futures564.54+1.817%GMX565.15+1.926%
Injective
Kraken Futures
GMXgTrade (Gains Network)565.17+1.930%
Gate565.19+1.933%SunX565.20+1.935%Backpack565.28+1.950%Polymarket Perps565.39+1.969%dYdX565.42+1.974%Bybit565.46+1.982%Aster565.50+1.989%Bitget565.56+2.000%
Gate
SunX
Backpack
Polymarket Perps
dYdX
Bybit
Aster
BitgetHyperliquid565.58+2.004%
KuCoin565.61+2.009%Lighter565.66+2.018%Pacifica565.68+2.021%Extended565.70+2.025%Aevo565.70+2.025%Nado565.71+2.027%Binance565.79+2.041%SoDEX565.81+2.045%Paradex565.83+2.048%Aftermath Perps565.87+2.056%MEXC565.89+2.060%Orderly565.89+2.060%HTX566.02+2.083%BloFin566.20+2.116%BingX566.38+2.148%Variational Omni567.02+2.264%edgeX567.42+2.335%
KuCoin
Lighter
Pacifica
Extended
Aevo
Nado
Binance
SoDEX
Paradex
MEXC
Orderly
HTX
BloFin
BingX
Variational OmniXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −1.964% | +0.1528% | 1h | $3K | $8K | 12x | as long as short |
| Kraken Futures PF_XMRUSD | −0.183% | +0.0449% | 1h | $5.4M | $20.4M | 50x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | −0.076% | L +0.0837% / S −0.1348% | 1h | $249K | — | 100x | as long as short |
| gTrade (Gains Network) XMR/USDshort | −0.072% | L +0.0010% / S −0.0009% | 1h | $33K | — | 150x | |
| Gate XMR_USDT | −0.069% | +0.0111% | 8h | $1.5M | $4.3M | 50x | as long as short |
| SunX XMR-USDT | −0.067% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| Backpack XMR_USDC_PERP | −0.053% | +0.0316% | 1h | $163K | $533K | 20x | as long as short |
| Polymarket Perps XMR-USD | −0.034% | +0.0100% | 1h | $19K | $1.6M | 5x | as long as short |
| dYdX XMR-USD | −0.029% | +0.3533% | 1h | $102K | $40K | 5x | as long as short |
| Bybit XMRUSDT | −0.021% | +0.0100% | 8h | $44.4M | $59.1M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | −0.014% | +0.0618% | 8h | $661K | $2.4M | 75x | as long as short |
| Bitget XMRUSDT | −0.004% | +0.0528% | 8h | $9.5M | $14.0M | 50x | as long as short |
| Hyperliquid XMRlong | 0.000% | +0.0119% | 1h | $79.6M | $59.7M | 5x | |
| KuCoin XMRUSDTM | +0.005% | +0.0497% | 8h | $46.8M | $25.4M | 50x | as long as short |
| Lighter XMR | +0.014% | +0.0392% | 1h | $3.4M | $6.4M | 10x | as long as short |
| Pacifica XMR | +0.017% | +0.0302% | 1h | $259K | $1.1M | 10x | as long as short |
| Extended XMR-USD | +0.021% | +0.0768% | 1h | $3.1M | $6.2M | 25x | as long as short |
| Aevo XMR-PERP | +0.021% | +0.0168% | 1h | $11K | — | 3x | as long as short |
| Nado XMR-PERP | +0.023% | +0.0566% | 1h | $1.3M | $462K | 10x | as long as short |
| Binance XMRUSDT | +0.037% | +0.0351% | 8h | $52.7M | $158.8M | 75x | as long as short |
| SoDEX XMR-USD | +0.041% | +0.0296% | 1h | $430K | $4K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.043% | +0.0496% | 8h | $8K | $3K | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.051% | +0.1900% | 1h | $1K | $47K | 10x | as long as short |
| MEXC XMR_USDT | +0.055% | +0.0355% | 8h | $21.7M | $14.7M | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.055% | +0.0782% | 8h | $48K | $715K | 10x | as long as short |
| HTX XMR-USDT | +0.078% | +0.1186% | 8h | $1.1M | $1.4M | 20x | as long as short |
| BloFin XMR-USDT | +0.110% | +0.0476% | 8h | $2.7M | $10.5M | 75x | as long as short |
| BingX XMR-USDT | +0.141% | +0.0505% | 8h | — | $5.9M | — | as long as short |
| Variational Omni XMR | +0.255% | +0.0457% | 8h | $6.7M | $4.3M | — | as long as short |
| edgeX XMRUSDC | +0.325% | +0.0100% | 4h | $1.0M | $677K | 10x | as long as short |