XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0670%/8h= −73.3% APRnext payment −$0.84 per $10,000 · paid last 24h +0.086%

Price spread now: dYdX against SoDEX+0.004%7-day average −0.188% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$340as in the Price arb table

costs, in and out, $10k−$3593.592% of the position

Long on SoDEX Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.042%+$4 on $10k

Price spread, last 4 days (all we have)−0.313%−$31 · spread now +0.004%, 7d avg −0.188%

Together, before fees−0.271%−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.192% dearer against SoDEX than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.188%): +$19 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 23 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.042% in total (about 4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.84 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XMR-USD	574.44	0.0893	pay 0.0112% / 1h	42m 18s	$437K	$3K	5x
Short	dYdX XMR-USD	574.46	0.0224	get 0.0028% / 1h	42m 18s	$104K	$43K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee dYdXbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$140.61
Price spread: +0.004% → −0.188%: $19.15
Slippage, 4 orders: −$341.17
Fee SoDEX: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$480.62
Costs to cover: 3.592%
Break-even: never at this rate

Slippage from SoDEX: live order book, 1 min ago; dYdX: live order book, 2 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 SoDEX live order book, 1 min ago	0.17 bp	13.1 bp −$13	41.7 bp −$417	doesn't fit	doesn't fit
Sell dYdX live order book, 2 min ago	80.38 bp	245.9 bp −$246	270.3 bp −$2,703	292.5 bp −$29.3K	540.0 bp −$270.0K

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 −0.0004%	1h	574.61	+0.029%	$32K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.412%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	576.47	+0.353%	$1.0M	$636K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	574.86	+0.073%	$2K	$1.6M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	574.00	−0.077%	$1.1M	$1.5M	20x	as long as short
dYdX XMR-USDshort	+0.0224%	1h	574.46	+0.004%	$104K	$43K	5x
Aevo XMR-PERP	+0.0240%	1h	575.80	+0.237%	$12K	—	3x	as long as short
Lighter XMR	+0.0328%	1h	575.22	+0.135%	$3.1M	$6.2M	10x	as long as short
KuCoin XMRUSDTM	+0.0334%	8h	574.92	+0.084%	$45.3M	$24.1M	50x	as long as short
Extended XMR-USD	+0.0440%	1h	575.30	+0.150%	$3.0M	$8.3M	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps XMR-USD	+0.0473%	1h	575.25	+0.141%	$23K	$2.1M	5x	as long as short
Bitget XMRUSDT	+0.0593%	8h	575.75	+0.228%	$9.5M	$12.2M	50x	as long as short
BingX XMR-USDT	+0.0632%	8h	575.51	+0.186%	—	$5.5M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0633%	1h	573.80	−0.112%	$5.4M	$17.0M	50x	as long as short
Binance XMRUSDT	+0.0638%	8h	575.70	+0.219%	$52.4M	$143.5M	75x	as long as short
MEXC XMR_USDT	+0.0642%	8h	575.58	+0.198%	$20.0M	$14.4M	100x	as long as short
Bybit XMRUSDT	+0.0662%	8h	575.32	+0.153%	$46.7M	$61.1M	75x	as long as short
Gate XMR_USDT	+0.0670%	8h	574.69	+0.044%	$1.5M	$3.3M	50x	as long as short
Aster XMRUSDT	+0.0798%	8h	574.94	+0.088%	$637K	$2.0M	75x	as long as short
Paradex XMR-USD-PERP	+0.0848%	8h	575.46	+0.178%	$8K	$3K	20x	as long as short
Hyperliquid XMR	+0.0849%	1h	575.25	+0.141%	$87.1M	$67.5M	5x	as long as short
Backpack XMR_USDC_PERP	+0.0867%	1h	574.52	+0.014%	$174K	$525K	20x	as long as short
SoDEX XMR-USDlong	+0.0893%	1h	574.44	long leg	$437K	$3K	5x
Pacifica XMR	+0.1002%	1h	575.45	+0.176%	$265K	$944K	10x	as long as short
GRVT XMR_USDT_Perp	+0.1013%	8h	576.16	+0.299%	$344K	$711K	10x	as long as short
Nado XMR-PERP	+0.1031%	1h	575.43	+0.173%	$1.3M	$445K	10x	as long as short
BloFin XMR-USDT	+0.1065%	8h	574.95	+0.089%	$2.7M	$10.9M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1131% / S −0.1504%	1h	574.42	−0.004%	$603K	—	100x	as long as short
Variational Omni XMR	+0.1137%	8h	575.92	+0.258%	$6.2M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1191%	8h	575.26	+0.143%	$40K	$604K	10x	as long as short
Aftermath Perps XMRUSD	+0.1968%	1h	575.31	+0.151%	$2K	$42K	10x	as long as short