Funding you earn now, next payment 06:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.03 per $10,000 · paid last 24h −0.039%
Price spread now: SoDEX against Nado−0.031%7-day average −0.007% · 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−$52as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 3 days (all we have)−0.204%−$20 on $10k
+Price spread, last 4 days (all we have)+0.056%+$6 · spread now −0.031%, 7d avg −0.007%
=Together, before fees−0.148%+ Points / potential airdropNado: Active · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.025% cheaper against Nado than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XMR-PERP | 573.36 | 0.1280 | pay 0.0160% / 1h | 26m 41s | $1.3M | $452K | 10x |
| Short | SoDEX XMR-USD | 573.18 | 0.1252 | get 0.0157% / 1h | 26m 41s | $436K | $3K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against Nado. 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
- −$5.74
- Price spread: −0.031% → −0.007%
- −$2.48
- Slippage, 4 orders
- −$34.96
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$58.19
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from Nado: live order book, 2 min ago; SoDEX: live order book, 22 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 Nado live order book, 2 min ago | 8.37 bp | 12.4 bp −$12 | 34.5 bp −$345 | 16052.0 bp −$1.61M | doesn't fit |
| Sell SoDEX live order book, 22 min ago | 0.09 bp | 12.7 bp −$13 | 42.9 bp −$429 | 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 −0.0003% | 1h | 572.33 | −0.180% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.603% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 573.33 | −0.005% | $1.0M | $640K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 572.52 | −0.147% | $2K | $1.8M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 572.95 | −0.072% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0232% | 1h | 573.47 | +0.019% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0323% | 8h | 572.64 | −0.126% | $44.9M | $26.2M | 50x | as long as short |
| dYdX XMR-USD | +0.0404% | 1h | 572.21 | −0.200% | $104K | $44K | 5x | as long as short |
| Bitget XMRUSDT | +0.0573% | 8h | 573.23 | −0.023% | $9.4M | $13.3M | 50x | as long as short |
| Binance XMRUSDT | +0.0616% | 8h | 572.92 | −0.078% | $52.4M | $160.9M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0618% | 8h | 573.24 | −0.021% | $19.8M | $14.6M | 100x | as long as short |
| Gate XMR_USDT | +0.0638% | 8h | 573.08 | −0.049% | $1.5M | $4.3M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.0669% | 1h | 573.23 | −0.023% | $27K | $2.2M | 5x | as long as short |
| BingX XMR-USDT | +0.0676% | 8h | 573.50 | +0.024% | — | $5.6M | — | as long as short |
| Extended XMR-USD | +0.0704% | 1h | 573.06 | −0.052% | $3.0M | $8.1M | 25x | as long as short |
| Bybit XMRUSDT | +0.0707% | 8h | 573.16 | −0.035% | $46.4M | $64.1M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0748% | 1h | 572.04 | −0.231% | $5.4M | $19.1M | 50x | as long as short |
| Aster XMRUSDT | +0.0767% | 8h | 572.96 | −0.070% | $641K | $2.2M | 75x | as long as short |
| Lighter XMR | +0.0864% | 1h | 573.13 | −0.040% | $3.1M | $7.6M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0891% | 8h | 573.66 | +0.052% | $8K | $4K | 20x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 573.19 | −0.030% | $265K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1009% | 8h | 573.87 | +0.089% | $345K | $727K | 10x | as long as short |
| BloFin XMR-USDT | +0.1014% | 8h | 573.23 | −0.023% | $2.7M | $11.2M | 75x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1075% / S −0.1432% | 1h | 572.09 | −0.221% | $592K | — | 100x | as long as short |
| Hyperliquid XMR | +0.1090% | 1h | 573.33 | −0.005% | $86.5M | $71.0M | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.1188% | 8h | 572.92 | −0.077% | $40K | $690K | 10x | as long as short |
| Variational Omni XMR | +0.1189% | 8h | 572.35 | −0.176% | $6.3M | $2.3M | — | as long as short |
| SoDEX XMR-USDshort | +0.1252% | 1h | 573.18 | −0.031% | $436K | $3K | 5x | |
| Nado XMR-PERPlong | +0.1280% | 1h | 573.36 | long leg | $1.3M | $452K | 10x | |
| Backpack XMR_USDC_PERP | +0.1377% | 1h | 572.79 | −0.099% | $168K | $531K | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2062% | 1h | 572.69 | −0.117% | $1K | $43K | 10x | as long as short |
SoDEX XMR-USD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
Binance XMRUSDT
MEXC XMR_USDT
Gate XMR_USDT
Polymarket Perps XMR-USD
BingX XMR-USDT
Extended XMR-USD
Bybit XMRUSDT
Kraken Futures PF_XMRUSD
Aster XMRUSDT
Lighter XMR
Paradex XMR-USD-PERP
Pacifica XMR
GRVT XMR_USDT_Perp
BloFin XMR-USDT
GMX XMR/USD [WBTC.b-USDC]
Hyperliquid XMR
Variational Omni XMR
Backpack XMR_USDC_PERP
Aftermath Perps XMRUSD