Funding you earn now, next payment 08:00 UTC−0.0755%/8h= −82.6% APRnext payment −$7.55 per $10,000 · paid last 24h −0.155%
Price spread now: Gate against Orderly−0.156%7-day average −0.075% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.555%−$55 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.156%, 7d avg −0.075%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Gate is 0.082% cheaper against Orderly than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.075%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 575.41 | 0.1124 | pay 0.1124% / 8h | 4h 21m | $40K | $735K | 10x |
| Short | Gate XMR_USDT | 574.51 | 0.0369 | get 0.0369% / 8h | 4h 21m | $1.6M | $4.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$158.51
- Price spread: −0.156% → −0.075%
- −$8.19
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$187.69
- Costs to cover
- 0.210%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago | 8.17 bp | 25.2 bp −$25 | 37.4 bp −$374 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +1.241% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0008% | 1h | 574.40 | −0.176% | $50K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 574.31 | −0.191% | $3.3M | $7.5M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 578.97 | +0.619% | $1.0M | $652K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 575.33 | −0.014% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 575.00 | −0.071% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0150% | 1h | 573.08 | −0.405% | $5.4M | $19.5M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 576.00 | +0.102% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0261% | 1h | 575.24 | −0.030% | $26K | $2.2M | 5x | as long as short |
| Gate XMR_USDTshort | +0.0369% | 8h | 574.51 | −0.156% | $1.6M | $4.5M | 50x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0376% | 8h | 574.93 | −0.083% | $46.7M | $64.4M | 75x | as long as short |
| dYdX XMR-USD | +0.0407% | 1h | 574.75 | −0.115% | $104K | $44K | 5x | as long as short |
| KuCoin XMRUSDTM | +0.0482% | 8h | 573.78 | −0.283% | $44.9M | $26.7M | 50x | as long as short |
| Binance XMRUSDT | +0.0484% | 8h | 574.80 | −0.106% | $52.5M | $164.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0485% | 8h | 574.87 | −0.094% | $20.2M | $15.0M | 100x | as long as short |
| BingX XMR-USDT | +0.0500% | 8h | 575.00 | −0.071% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0524% | 8h | 574.77 | −0.111% | $9.4M | $14.0M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0548% | 1h | 574.44 | −0.169% | $169K | $535K | 20x | as long as short |
| Extended XMR-USD | +0.0624% | 1h | 574.89 | −0.090% | $3.1M | $8.4M | 25x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 575.79 | +0.066% | $267K | $1.1M | 10x | as long as short |
| Aster XMRUSDT | +0.0676% | 8h | 574.73 | −0.118% | $638K | $2.4M | 75x | as long as short |
| Nado XMR-PERP | +0.0744% | 1h | 575.84 | +0.074% | $1.3M | $466K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0760% | 8h | 575.94 | +0.091% | $8K | $4K | 20x | as long as short |
| Hyperliquid XMR | +0.0782% | 1h | 574.45 | −0.167% | $86.3M | $71.0M | 5x | as long as short |
| BloFin XMR-USDT | +0.0784% | 8h | 575.72 | +0.054% | $2.7M | $11.2M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0851% | 8h | 578.32 | +0.506% | $346K | $742K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0989% / S −0.1253% | 1h | 574.25 | −0.201% | $591K | — | 100x | as long as short |
| SoDEX XMR-USD | +0.1015% | 1h | 574.63 | −0.136% | $437K | $3K | 5x | as long as short |
| Variational Omni XMR | +0.1019% | 8h | 578.47 | +0.531% | $6.6M | $2.2M | — | as long as short |
| Orderly PERP_XMR_USDClong | +0.1124% | 8h | 575.41 | long leg | $40K | $735K | 10x | |
| Aftermath Perps XMRUSD | +0.2056% | 1h | 576.41 | +0.174% | $2K | $44K | 10x | as long as short |
Gate XMR_USDT
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Polymarket Perps XMR-USD
Bybit XMRUSDT
KuCoin XMRUSDTM
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Extended XMR-USD
Pacifica XMR
Aster XMRUSDT
Paradex XMR-USD-PERP
Hyperliquid XMR
BloFin XMR-USDT
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
SoDEX XMR-USD
Variational Omni XMR
Aftermath Perps XMRUSD