Funding you earn now, next payment 07:00 UTC+0.0703%/8h= +77.0% APRnext payment +$0.88 per $10,000 · paid last 24h +0.147%
Price spread now: Nado against Lighter−0.218%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$360.358% of the position
Funding, last 3 days (all we have)+0.538%+$54 on $10k
+Price spread, last 7 days+0.355%+$35 · spread now −0.218%, 7d avg +0.047%
=Together, before fees+0.893%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$89 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.265% cheaper against Lighter than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of +0.047%). If the spread goes back, that is −$27 on $10k: about 30 hours of funding at the current rate (+$21 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XMR | 577.57 | 0.0248 | pay 0.0031% / 1h | 19m 02s | $3.1M | $6.2M | 10x |
| Short | Nado XMR-PERP | 576.31 | 0.0951 | get 0.0119% / 1h | 19m 02s | $1.3M | $438K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $147.73
- Price spread: −0.218% → +0.047%
- −$26.53
- Slippage, 4 orders
- −$28.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $85.42
- Costs to cover
- 0.358%
- Break-even
- 3.0 days
Slippage from Lighter: live order book, 9 min ago; Nado: live order book, 4 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 Lighter live order book, 9 min ago | 2.96 bp | 3.0 bp −$3 | 18.5 bp −$185 | 113.0 bp −$11.3K | doesn't fit |
| Sell Nado live order book, 4 min ago | 9.56 bp | 13.1 bp −$13 | 32.6 bp −$326 | 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 −0.0004% | 1h | 574.21 | −0.580% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.863% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 575.40 | −0.375% | $1.0M | $583K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 576.54 | −0.178% | $2K | $1.4M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 576.00 | −0.271% | $1.1M | $1.4M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 576.72 | −0.147% | $12K | — | 3x | as long as short |
| Lighter XMRlong | +0.0248% | 1h | 577.57 | long leg | $3.1M | $6.2M | 10x | |
| Extended XMR-USD | +0.0272% | 1h | 577.57 | +0.001% | $3.0M | $8.2M | 25x | as long as short |
| KuCoin XMRUSDTM | +0.0323% | 8h | 577.14 | −0.074% | $45.6M | $22.0M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.0505% | 1h | 576.32 | −0.216% | $25K | $1.9M | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX XMR-USD | +0.0523% | 1h | 575.30 | −0.392% | $104K | $43K | 5x | as long as short |
| Bitget XMRUSDT | +0.0591% | 8h | 577.85 | +0.049% | $9.6M | $11.4M | 50x | as long as short |
| BingX XMR-USDT | +0.0600% | 8h | 577.86 | +0.051% | — | $5.4M | — | as long as short |
| Bybit XMRUSDT | +0.0616% | 8h | 577.34 | −0.039% | $46.9M | $56.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0623% | 8h | 577.95 | +0.066% | $20.2M | $14.5M | 100x | as long as short |
| Binance XMRUSDT | +0.0623% | 8h | 577.70 | +0.023% | $52.6M | $127.4M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0630% | 1h | 576.80 | −0.133% | $5.4M | $13.9M | 50x | as long as short |
| Gate XMR_USDT | +0.0682% | 8h | 577.13 | −0.075% | $1.6M | $3.3M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0769% | 8h | 576.57 | −0.172% | $8K | $3K | 20x | as long as short |
| Aster XMRUSDT | +0.0787% | 8h | 576.80 | −0.133% | $640K | $1.9M | 75x | as long as short |
| Hyperliquid XMR | +0.0806% | 1h | 577.73 | +0.028% | $87.5M | $63.9M | 5x | as long as short |
| Nado XMR-PERPshort | +0.0951% | 1h | 576.31 | −0.218% | $1.3M | $438K | 10x | |
| SoDEX XMR-USD | +0.0958% | 1h | 577.63 | +0.011% | $439K | $3K | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0984% | 8h | 575.35 | −0.384% | $334K | $665K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0985% | 1h | 577.70 | +0.023% | $176K | $487K | 20x | as long as short |
| BloFin XMR-USDT | +0.0992% | 8h | 577.80 | +0.041% | $2.7M | $10.7M | 75x | as long as short |
| Pacifica XMR | +0.1002% | 1h | 575.88 | −0.292% | $268K | $876K | 10x | as long as short |
| Variational Omni XMR | +0.1077% | 8h | 574.67 | −0.501% | $6.2M | $2.4M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1162% / S −0.1551% | 1h | 576.07 | −0.258% | $597K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1186% | 8h | 577.20 | −0.063% | $41K | $562K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1882% | 1h | 575.21 | −0.408% | $1K | $41K | 10x | as long as short |
Lighter XMR
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Extended XMR-USD
KuCoin XMRUSDTM
Polymarket Perps XMR-USD
Bitget XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Kraken Futures PF_XMRUSD
Gate XMR_USDT
Paradex XMR-USD-PERP
Aster XMRUSDT
Hyperliquid XMR
SoDEX XMR-USD
GRVT XMR_USDT_Perp
Backpack XMR_USDC_PERP
BloFin XMR-USDT
Pacifica XMR
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Aftermath Perps XMRUSD