Funding you earn now, next payment 01:00 UTC+0.0714%/8h= +78.1% APRnext payment +$0.89 per $10,000 · paid last 24h +0.067%
Price spread now: Hyperliquid against Lighter+0.035%7-day average −0.002% · 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 7 days−0.004%$0 · spread now +0.035%, 7d avg −0.002%
=Together, before fees−0.028%+ Points / potential airdropLighter: Season 3 · Hyperliquid: Season 2 · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Hyperliquid is 0.037% dearer against Lighter than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.002%.
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; at this rate the next one is about +$0.89 per $10,000. 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 | Lighter XMR | 588.34 | 0.1168 | pay 0.0146% / 1h | 5m 34s | $3.3M | $7.2M | 10x |
| Short | Hyperliquid XMR | 588.54 | 0.1882 | get 0.0235% / 1h | 5m 34s | $89.3M | $72.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Lighter. 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
- $149.84
- Price spread: +0.035% → −0.002%
- $3.67
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $144.5
- Costs to cover
- 0.090%
- Break-even
- 0.2 days
Slippage unknown: Lighter: live order book, 8 min ago; Hyperliquid: live order book, 8 min ago. 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 Lighter live order book, 8 min ago | 2.36 bp | 4.6 bp −$5 | 12.4 bp −$124 | 142.0 bp −$14.2K | doesn't fit |
| Sell Hyperliquid live order book, 8 min ago | 1.70 bp | 9.3 bp −$9 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0009% | 1h | 586.78 | −0.265% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.432% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 588.69 | +0.061% | $1.0M | $662K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 587.22 | −0.190% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 587.39 | −0.161% | $1.1M | $1.6M | 20x | as long as short |
| dYdX XMR-USD | +0.0122% | 1h | 587.24 | −0.186% | $106K | $50K | 5x | as long as short |
| Aevo XMR-PERP | +0.0192% | 1h | 588.00 | −0.056% | $12K | — | 3x | as long as short |
| Binance XMRUSDT | +0.0437% | 8h | 588.28 | −0.009% | $53.7M | $167.0M | 75x | as long as short |
| MEXC XMR_USDT | +0.0438% | 8h | 588.27 | −0.011% | $21.3M | $15.3M | 100x | as long as short |
| Bitget XMRUSDT | +0.0564% | 8h | 588.52 | +0.031% | $9.7M | $14.4M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0632% | 8h | 588.00 | −0.057% | $652K | $2.5M | 75x | as long as short |
| Gate XMR_USDT | +0.0632% | 8h | 587.69 | −0.110% | $1.6M | $4.7M | 50x | as long as short |
| BloFin XMR-USDT | +0.0635% | 8h | 588.76 | +0.072% | $2.7M | $11.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0648% | 1h | 586.80 | −0.262% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 588.51 | +0.029% | $270K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0726% | 8h | 588.08 | −0.043% | $48.2M | $26.0M | 50x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0871% / S −0.2461% | 1h | 586.77 | −0.266% | $547K | — | 100x | as long as short |
| Variational Omni XMR | +0.0927% | 8h | 587.94 | −0.068% | $6.7M | $2.6M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.0953% | 8h | 588.84 | +0.086% | $348K | $792K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0989% | 1h | 587.21 | −0.191% | $184K | $535K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1043% | 8h | 587.72 | −0.105% | $43K | $735K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1106% | 1h | 588.16 | −0.030% | $48K | $1.9M | 5x | as long as short |
| Lighter XMRlong | +0.1168% | 1h | 588.34 | long leg | $3.3M | $7.2M | 10x | |
| BingX XMR-USDT | +0.1172% | 8h | 588.31 | −0.004% | — | $5.8M | — | as long as short |
| Bybit XMRUSDT | +0.1193% | 8h | 588.21 | −0.021% | $47.3M | $64.6M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.1265% | 8h | 588.29 | −0.008% | $8K | $4K | 20x | as long as short |
| SoDEX XMR-USD | +0.1282% | 1h | 587.91 | −0.072% | $447K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1377% | 1h | 588.49 | +0.026% | $1.3M | $464K | 10x | as long as short |
| Hyperliquid XMRshort | +0.1882% | 1h | 588.54 | +0.035% | $89.3M | $72.7M | 5x | |
| Extended XMR-USD | +0.2408% | 1h | 588.16 | −0.029% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2642% | 1h | 587.96 | −0.063% | $1K | $46K | 10x | as long as short |
Lighter XMR
Hyperliquid XMR
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDT
Aster XMRUSDT
Gate XMR_USDT
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
Pacifica XMR
KuCoin XMRUSDTM
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
GRVT XMR_USDT_Perp
Backpack XMR_USDC_PERP
Polymarket Perps XMR-USD
BingX XMR-USDT
Bybit XMRUSDT
Paradex XMR-USD-PERP
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD