XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0723%/8h= −79.1% APRnext payment −$0.90 per $10,000 · paid last 24h −0.066%

Price spread now: Polymarket Perps against SoDEX−0.070%7-day average −0.004% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$47as in the Price arb table

costs, in and out, $10k−$410.406% of the position

Long on SoDEX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.103%−$10 on $10k

Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.070%, 7d avg −0.004%

Together, before fees−0.015%−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Polymarket Perps is 0.065% cheaper against SoDEX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.004%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.103% in total (about -11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.90 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	589.85	0.1734	pay 0.0217% / 1h	16m 31s	$448K	$3K	5x
Short	Polymarket Perps XMR-USD	589.44	0.1012	get 0.0126% / 1h	16m 31s	$33K	$2.1M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$151.78
Price spread: −0.070% → −0.004%: −$6.53
Slippage, 4 orders: −$24.6
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$198.91
Costs to cover: 0.406%
Break-even: never at this rate

Slippage from SoDEX: live order book, 52 min ago; Polymarket Perps: 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, 52 min ago	0.09 bp	12.6 bp −$13	46.0 bp −$460	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.29 bp	7.8 bp −$8	8.0 bp −$80	doesn't fit	doesn't fit

XMR on 30 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 −0.0010%	1h	588.65	−0.203%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.171%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	589.93	+0.014%	$1.1M	$669K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.19	−0.112%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	588.00	−0.314%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	589.00	−0.145%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0393%	1h	588.31	−0.261%	$107K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0522%	8h	589.24	−0.103%	$21.0M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0524%	8h	589.37	−0.081%	$53.8M	$168.2M	75x	as long as short
Bitget XMRUSDT	+0.0617%	8h	589.16	−0.117%	$9.6M	$14.2M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0705%	8h	589.35	−0.084%	$658K	$2.5M	75x	as long as short
Gate XMR_USDT	+0.0788%	8h	588.69	−0.197%	$1.6M	$4.6M	50x	as long as short
BingX XMR-USDT	+0.0794%	8h	589.50	−0.059%	—	$5.8M	—	as long as short
KuCoin XMRUSDTM	+0.0800%	8h	589.13	−0.122%	$48.3M	$26.1M	50x	as long as short
Pacifica XMR	+0.0821%	1h	589.54	−0.053%	$271K	$1.1M	10x	as long as short
Bybit XMRUSDT	+0.0839%	8h	589.26	−0.100%	$47.6M	$64.9M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0946% / S −0.1181%	1h	588.29	−0.265%	$656K	—	100x	as long as short
Polymarket Perps XMR-USDshort	+0.1012%	1h	589.44	−0.070%	$33K	$2.1M	5x
Backpack XMR_USDC_PERP	+0.1019%	1h	589.13	−0.122%	$184K	$534K	20x	as long as short
Variational Omni XMR	+0.1027%	8h	590.80	+0.160%	$6.7M	$2.9M	—	as long as short
Orderly PERP_XMR_USDC	+0.1062%	8h	589.60	−0.042%	$42K	$736K	10x	as long as short
Lighter XMR	+0.1072%	1h	589.16	−0.117%	$3.3M	$7.2M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1092%	8h	589.70	−0.025%	$345K	$786K	10x	as long as short
Paradex XMR-USD-PERP	+0.1278%	8h	589.06	−0.134%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1299%	1h	588.58	−0.215%	$5.6M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1490%	1h	589.91	+0.010%	$1.3M	$467K	10x	as long as short
SoDEX XMR-USDlong	+0.1734%	1h	589.85	long leg	$448K	$3K	5x
Hyperliquid XMR	+0.1735%	1h	589.45	−0.068%	$89.1M	$73.8M	5x	as long as short
Extended XMR-USD	+0.2056%	1h	589.15	−0.119%	$3.2M	$8.3M	25x	as long as short
Aftermath Perps XMRUSD	+0.2772%	1h	589.23	−0.105%	$1K	$46K	10x	as long as short