Funding you earn now, next payment 23:00 UTC+0.1122%/8h= +122.9% APRpaid last 24h −0.034%
Price spread now: Hyperliquid against Paradex+0.035%7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Hyperliquid is 0.035% dearer against Paradex than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex XMR-USD-PERP | 596.52 | 0.0860 | pay 0.0860% / 8h | 1h 25m | $8K | $4K | 20x |
| Short | Hyperliquid XMR | 596.73 | 0.1982 | get 0.0248% / 1h | 25m 42s | $88.9M | $68.7M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Paradex. 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
- $235.65
- Price spread: +0.035% → 0.000%
- $3.53
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $226.18
- Costs to cover
- 0.130%
- Break-even
- 0.3 days
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 8 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 0.08 bp | 4.6 bp −$5 | 4.6 bp −$46 | doesn't fit | doesn't fit |
Paradex: 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 | 597.03 | +0.086% | $45K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 596.70 | +0.030% | $48.4M | $61.6M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 597.16 | +0.108% | $1.1M | $663K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 597.26 | +0.124% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0160% | 1h | 598.17 | +0.277% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0269% | 8h | 595.77 | −0.126% | $6.9M | $2.6M | — | as long as short |
| MEXC XMR_USDT | +0.0331% | 8h | 596.50 | −0.003% | $22.3M | $15.0M | 100x | as long as short |
| Binance XMRUSDT | +0.0331% | 8h | 596.47 | −0.009% | $54.7M | $163.0M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0381% | 1h | 596.91 | +0.065% | $5.7M | $20.4M | 50x | as long as short |
| Pacifica XMR | +0.0387% | 1h | 596.53 | +0.002% | $271K | $1.0M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XMR-USDT | +0.0388% | 8h | 596.64 | +0.020% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0413% | 8h | 595.99 | −0.089% | $9.9M | $14.2M | 50x | as long as short |
| BloFin XMR-USDT | +0.0464% | 8h | 597.94 | +0.238% | $2.8M | $11.5M | 75x | as long as short |
| Gate XMR_USDT | +0.0533% | 8h | 595.45 | −0.179% | $1.6M | $4.6M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0537% | 8h | 595.66 | −0.144% | $48.6M | $25.9M | 50x | as long as short |
| Aster XMRUSDT | +0.0543% | 8h | 596.80 | +0.047% | $678K | $2.3M | 75x | as long as short |
| Lighter XMR | +0.0592% | 1h | 596.27 | −0.042% | $3.4M | $6.9M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0606% | 8h | 597.76 | +0.208% | $355K | $785K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.0695% | 1h | 596.76 | +0.040% | $3K | $6K | 12x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0809% / S −0.1288% | 1h | 597.22 | +0.118% | $331K | — | 100x | as long as short |
| Paradex XMR-USD-PERPlong | +0.0860% | 8h | 596.52 | long leg | $8K | $4K | 20x | |
| Polymarket Perps XMR-USD | +0.0860% | 1h | 598.10 | +0.265% | $23K | $1.8M | 5x | as long as short |
| SoDEX XMR-USD | +0.0916% | 1h | 597.87 | +0.226% | $454K | $3K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.0937% | 8h | 597.54 | +0.171% | $44K | $729K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0957% | 1h | 597.08 | +0.094% | $203K | $575K | 20x | as long as short |
| Nado XMR-PERP | +0.1409% | 1h | 597.72 | +0.200% | $1.3M | $482K | 10x | as long as short |
| dYdX XMR-USD | +0.1707% | 1h | 595.30 | −0.204% | $108K | $50K | 5x | as long as short |
| Extended XMR-USD | +0.1872% | 1h | 596.59 | +0.012% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMRshort | +0.1982% | 1h | 596.73 | +0.035% | $88.9M | $68.7M | 5x | |
| HTX XMR-USDT | +0.2017% | 8h | 594.86 | −0.278% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2456% | 1h | 596.69 | +0.028% | $2K | $47K | 10x | as long as short |
Paradex XMR-USD-PERP
Hyperliquid XMR
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Variational Omni XMR
MEXC XMR_USDT
Binance XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
BingX XMR-USDT
Bitget XMRUSDT
BloFin XMR-USDT
Gate XMR_USDT
KuCoin XMRUSDTM
Aster XMRUSDT
Lighter XMR
GRVT XMR_USDT_Perp
Injective XMR/USDC PERP
GMX XMR/USD [WBTC.b-USDC]
Polymarket Perps XMR-USD
SoDEX XMR-USD
Backpack XMR_USDC_PERP
Extended XMR-USD
HTX XMR-USDT
Aftermath Perps XMRUSD