Funding you earn now, next payment 16:00 UTC−0.0292%/8h= −32.0% APRnext payment −$2.92 per $10,000 · paid last 24h −0.113%
Price spread now: Variational Omni against Orderly+0.149%7-day average +0.017% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.612%−$61 on $10k
+Price spread, last 4 days (all we have)−0.415%−$41 · spread now +0.149%, 7d avg +0.017%
=Together, before fees−1.027%+ Points / potential airdropVariational Omni: Active · farm board−$103 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.132% dearer against Orderly than usual: you sell high and buy low (spread +0.149% now, against its 7-day average of +0.017%): +$13 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 36 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 569.10 | 0.1089 | pay 0.1089% / 8h | 6h 55m | $40K | $383K | 10x |
| Short | Variational Omni XMR | 569.95 | 0.0797 | get 0.0797% / 8h | 6h 55m | $6.1M | $2.3M | — |
Orderly PERP_XMR_USDC
Variational Omni XMRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$61.34
- Price spread: +0.149% → +0.017%
- $13.23
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$54.12
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 3 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 Variational Omni RFQ quote, 3 min ago | 3.24 bp | doesn't fit | 23.8 bp −$238 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0005% | 1h | 570.03 | +0.164% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.363% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 571.32 | +0.391% | $1.0M | $525K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 568.66 | −0.077% | $29K | $1.5M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 568.41 | −0.121% | $2K | $1.1M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 569.00 | −0.018% | $1.0M | $1.0M | 20x | as long as short |
| Lighter XMR | +0.0144% | 1h | 568.98 | −0.022% | $3.0M | $4.7M | 10x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 569.40 | +0.053% | $11K | — | 3x | as long as short |
| Gate XMR_USDT | +0.0343% | 8h | 569.12 | +0.004% | $1.6M | $2.2M | 50x | as long as short |
| Bybit XMRUSDT | +0.0446% | 8h | 569.16 | +0.011% | $46.2M | $46.5M | 75x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Lighter XMR
Aevo XMR-PERP
Gate XMR_USDT
Bybit XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0463% | 8h | 569.36 | +0.046% | $19.7M | $8.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0463% | 8h | 569.36 | +0.047% | $52.2M | $96.2M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0465% | 8h | 569.01 | −0.016% | $45.1M | $16.9M | 50x | as long as short |
| Hyperliquid XMR | +0.0536% | 1h | 569.21 | +0.019% | $86.4M | $56.0M | 5x | as long as short |
| Aster XMRUSDT | +0.0560% | 8h | 569.24 | +0.025% | $658K | $1.5M | 75x | as long as short |
| BingX XMR-USDT | +0.0583% | 8h | 569.34 | +0.042% | — | $5.0M | — | as long as short |
| Extended XMR-USD | +0.0616% | 1h | 568.99 | −0.019% | $3.0M | $7.2M | 25x | as long as short |
| Bitget XMRUSDT | +0.0623% | 8h | 569.52 | +0.074% | $9.2M | $10.0M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0655% | 1h | 568.88 | −0.039% | $127K | $413K | 20x | as long as short |
| Pacifica XMR | +0.0710% | 1h | 569.66 | +0.098% | $269K | $698K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0711% | 8h | 570.46 | +0.239% | $331K | $639K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0735% | 8h | 569.99 | +0.156% | $8K | $1K | 20x | as long as short |
| BloFin XMR-USDT | +0.0777% | 8h | 570.55 | +0.255% | $2.7M | $9.6M | 75x | as long as short |
| Variational Omni XMRshort | +0.0797% | 8h | 569.95 | +0.149% | $6.1M | $2.3M | — | |
| Kraken Futures PF_XMRUSD | +0.0859% | 1h | 567.96 | −0.200% | $5.4M | $7.2M | 50x | as long as short |
| SoDEX XMR-USD | +0.0904% | 1h | 569.30 | +0.035% | $433K | $4K | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0981% / S −0.1195% | 1h | 567.97 | −0.199% | $591K | — | 100x | as long as short |
| Nado XMR-PERP | +0.1054% | 1h | 569.15 | +0.009% | $1.2M | $227K | 10x | as long as short |
| Orderly PERP_XMR_USDClong | +0.1089% | 8h | 569.10 | long leg | $40K | $383K | 10x | |
| Aftermath Perps XMRUSD | +0.2071% | 1h | 569.87 | +0.135% | $1K | $38K | 10x | as long as short |
| dYdX XMR-USD | +0.4340% | 1h | 568.41 | −0.121% | $103K | $23K | 5x | as long as short |
MEXC XMR_USDT
Binance XMRUSDT
KuCoin XMRUSDTM
Hyperliquid XMR
Aster XMRUSDT
BingX XMR-USDT
Extended XMR-USD
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Pacifica XMR
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Nado XMR-PERP
Aftermath Perps XMRUSD
dYdX XMR-USD