Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.3% APRnext payment −$0.58 per $10,000 · paid last 24h −0.184%
Price spread now: BingX against Orderly−0.422%7-day average +0.041% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.793%−$79 on $10k
+Price spread, last 3 days (all we have)+0.502%+$50 · spread now −0.422%, 7d avg +0.041%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.463% cheaper against Orderly than usual: you would sell low and buy high (−$46 if the spread goes back to its 7-day average of +0.041%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 589.35 | 0.1048 | pay 0.1048% / 8h | 6h 45m | $42K | $735K | 10x |
| Short | BingX XMR-USDT | 586.86 | 0.0990 | get 0.0990% / 8h | 6h 45m | — | $5.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Orderly. 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
- −$12.14
- Price spread: −0.422% → +0.041%
- −$46.35
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$74.49
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; BingX: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 5 min ago | 1.01 bp | 9.9 bp −$10 | 29.4 bp −$294 | 89.6 bp −$8,963 | 508.6 bp −$254.3K |
Orderly: 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 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 | 588.41 | −0.159% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.257% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 588.96 | −0.067% | $1.0M | $666K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 588.16 | −0.202% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 589.46 | +0.019% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 589.43 | +0.013% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0468% | 8h | 586.57 | −0.472% | $21.1M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0469% | 8h | 586.76 | −0.439% | $53.6M | $167.8M | 75x | as long as short |
| Gate XMR_USDT | +0.0546% | 8h | 586.35 | −0.509% | $1.6M | $4.6M | 50x | as long as short |
| Bitget XMRUSDT | +0.0578% | 8h | 586.63 | −0.462% | $9.6M | $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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XMR-USD | +0.0642% | 1h | 586.01 | −0.566% | $106K | $50K | 5x | as long as short |
| Aster XMRUSDT | +0.0656% | 8h | 587.33 | −0.343% | $652K | $2.5M | 75x | as long as short |
| BloFin XMR-USDT | +0.0679% | 8h | 591.31 | +0.333% | $2.7M | $11.6M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0730% | 8h | 586.50 | −0.484% | $48.0M | $26.1M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 586.76 | −0.440% | $270K | $1.1M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0918% / S −0.1124% | 1h | 588.06 | −0.220% | $665K | — | 100x | as long as short |
| Variational Omni XMR | +0.0967% | 8h | 588.98 | −0.063% | $6.7M | $2.7M | — | as long as short |
| Backpack XMR_USDC_PERP | +0.0973% | 1h | 589.06 | −0.049% | $184K | $535K | 20x | as long as short |
| Bybit XMRUSDT | +0.0980% | 8h | 586.95 | −0.407% | $47.2M | $65.0M | 75x | as long as short |
| BingX XMR-USDTshort | +0.0990% | 8h | 586.86 | −0.422% | — | $5.8M | — | |
| GRVT XMR_USDT_Perp | +0.1020% | 8h | 591.46 | +0.358% | $351K | $789K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1022% | 1h | 589.01 | −0.058% | $51K | $1.9M | 5x | as long as short |
| Orderly PERP_XMR_USDClong | +0.1048% | 8h | 589.35 | long leg | $42K | $735K | 10x | |
| Lighter XMR | +0.1056% | 1h | 586.71 | −0.449% | $3.3M | $7.2M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1254% | 8h | 586.69 | −0.451% | $8K | $4K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.1298% | 1h | 588.64 | −0.120% | $5.6M | $20.5M | 50x | as long as short |
| Nado XMR-PERP | +0.1428% | 1h | 589.04 | −0.053% | $1.3M | $464K | 10x | as long as short |
| SoDEX XMR-USD | +0.1494% | 1h | 589.65 | +0.051% | $448K | $3K | 5x | as long as short |
| Hyperliquid XMR | +0.1668% | 1h | 586.67 | −0.455% | $88.6M | $73.3M | 5x | as long as short |
| Extended XMR-USD | +0.2168% | 1h | 586.45 | −0.492% | $3.2M | $8.2M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2646% | 1h | 589.14 | −0.036% | $1K | $46K | 10x | as long as short |
BingX XMR-USDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
Bitget XMRUSDT
Aster XMRUSDT
BloFin XMR-USDT
KuCoin XMRUSDTM
Pacifica XMR
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Backpack XMR_USDC_PERP
Bybit XMRUSDT
GRVT XMR_USDT_Perp
Polymarket Perps XMR-USD
Lighter XMR
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD