XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0260%/8h= +28.4% APRnext payment +$2.60 per $10,000 · paid last 24h −0.150%

Price spread now: GRVT against Binance+0.009%49s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$430.432% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.017%+$2 on $10k

Price spread, last 3 days (all we have)+0.463%+$46 · spread now +0.009%, 7d avg −0.006%

Together, before fees+0.480%+ Points / potential airdropGRVT: Active · farm board+$48 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.017% in total (about 0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.60 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	Binance XMRUSDT	595.34	0.0367	pay 0.0367% / 8h	2h 34m	$54.5M	$161.8M	75x
Short	GRVT XMR_USDT_Perp	595.40	0.0627	get 0.0627% / 8h	2h 34m	$349K	$782K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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 BinancebpFee GRVTbpOrdersPrice spread, now +0.009%Rate

Funding earned: $54.51
Price spread: +0.009% → −0.006%: $1.5
Slippage, 4 orders: −$24.2
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $12.81
Costs to cover: 0.432%
Break-even: 5.4 days

Slippage from Binance: live order book, 9 min ago; GRVT: live order book, 53 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 Binance live order book, 9 min ago	0.08 bp	9.6 bp −$10	18.7 bp −$187	doesn't fit	doesn't fit
Sell GRVT live order book, 53 min ago	1.19 bp	12.7 bp −$13	doesn't fit	doesn't fit	doesn't fit

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	594.77	−0.095%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.580%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	594.83	−0.086%	$47.6M	$60.8M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	593.32	−0.339%	$1.1M	$672K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	594.74	−0.101%	$2K	$1.9M	20x	as long as short
Backpack XMR_USDC_PERP	+0.0156%	1h	594.94	−0.067%	$203K	$571K	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	595.55	+0.035%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0223%	1h	595.44	+0.017%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0280%	1h	595.15	−0.032%	$3.5M	$6.7M	10x	as long as short
Variational Omni XMR	+0.0295%	8h	595.15	−0.032%	$6.9M	$2.8M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XMR-USD	+0.0309%	1h	595.63	+0.049%	$453K	$4K	5x	as long as short
dYdX XMR-USD	+0.0334%	1h	594.39	−0.160%	$108K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0367%	8h	595.63	+0.049%	$22.7M	$15.2M	100x	as long as short
Binance XMRUSDTlong	+0.0367%	8h	595.34	long leg	$54.5M	$161.8M	75x
BingX XMR-USDT	+0.0372%	8h	595.74	+0.067%	—	$5.8M	—	as long as short
Gate XMR_USDT	+0.0394%	8h	595.12	−0.037%	$1.6M	$4.5M	50x	as long as short
Bitget XMRUSDT	+0.0395%	8h	595.84	+0.084%	$9.9M	$14.0M	50x	as long as short
BloFin XMR-USDT	+0.0515%	8h	595.72	+0.064%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0554%	8h	595.29	−0.008%	$673K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0612%	1h	594.50	−0.141%	$5.6M	$20.3M	50x	as long as short
Pacifica XMR	+0.0619%	1h	595.52	+0.030%	$269K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perpshort	+0.0627%	8h	595.40	+0.009%	$349K	$782K	10x
KuCoin XMRUSDTM	+0.0632%	8h	595.13	−0.035%	$49.5M	$25.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0766%	8h	595.45	+0.019%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0842% / S −0.1411%	1h	594.66	−0.114%	$353K	—	100x	as long as short
Nado XMR-PERP	+0.0850%	1h	595.12	−0.037%	$1.3M	$477K	10x	as long as short
Orderly PERP_XMR_USDC	+0.0876%	8h	595.27	−0.012%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1136%	1h	595.47	+0.023%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1624%	1h	596.68	+0.225%	$86.9M	$65.5M	5x	as long as short
Aftermath Perps XMRUSD	+0.2341%	1h	594.37	−0.163%	$2K	$47K	10x	as long as short
HTX XMR-USDT	+0.2393%	8h	592.45	−0.485%	$1.1M	$1.4M	20x	as long as short