Funding you earn now, next payment 08:00 UTC−0.0447%/8h= −49.0% APRnext payment −$4.47 per $10,000 · paid last 24h −0.134%
Price spread now: SunX against Binance−0.136%7-day average −0.090% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$790.794% of the position
Funding, last 7 days−0.374%−$37 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.136%, 7d avg −0.090%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SunX is 0.046% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.090%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XMRUSDT | 575.22 | 0.0547 | pay 0.0547% / 8h | 41m 49s | $52.3M | $119.3M | 75x |
| Short | SunX XMR-USDT | 574.44 | 0.0100 | get 0.0100% / 8h | 41m 49s | $2K | $1.4M | 20x |
Binance XMRUSDT
SunX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$93.96
- Price spread: −0.136% → −0.090%
- −$4.58
- Slippage, 4 orders
- −$61.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$177.95
- Costs to cover
- 0.794%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; SunX: 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 Binance live order book, 1 min ago | 0.09 bp | 9.9 bp −$10 | 25.5 bp −$255 | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 13.48 bp | 24.7 bp −$25 | 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 −0.0004% | 1h | 573.86 | −0.236% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.274% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 577.49 | +0.394% | $1.0M | $543K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 574.57 | −0.113% | $28K | $1.7M | 5x | as long as short |
| SunX XMR-USDTshort | +0.0100% | 8h | 574.44 | −0.136% | $2K | $1.4M | 20x | |
| HTX XMR-USDT | +0.0100% | 8h | 575.00 | −0.038% | $1.1M | $1.3M | 20x | as long as short |
| Extended XMR-USD | +0.0104% | 1h | 574.77 | −0.079% | $3.0M | $8.0M | 25x | as long as short |
| Aevo XMR-PERP | +0.0216% | 1h | 575.05 | −0.029% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0288% | 1h | 575.09 | −0.024% | $3.1M | $5.9M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0288% | 8h | 574.59 | −0.110% | $45.4M | $20.3M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
HTX XMR-USDT
Extended XMR-USD
Aevo XMR-PERP
Lighter XMR
KuCoin XMRUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid XMR | +0.0308% | 1h | 575.16 | −0.011% | $87.2M | $62.7M | 5x | as long as short |
| Bybit XMRUSDT | +0.0497% | 8h | 575.21 | −0.002% | $46.6M | $54.2M | 75x | as long as short |
| BingX XMR-USDT | +0.0533% | 8h | 574.99 | −0.040% | — | $5.4M | — | as long as short |
| Bitget XMRUSDT | +0.0540% | 8h | 575.17 | −0.009% | $9.4M | $11.2M | 50x | as long as short |
| SoDEX XMR-USD | +0.0545% | 1h | 574.93 | −0.051% | $437K | $3K | 5x | as long as short |
| Binance XMRUSDTlong | +0.0547% | 8h | 575.22 | long leg | $52.3M | $119.3M | 75x | |
| MEXC XMR_USDT | +0.0548% | 8h | 574.94 | −0.049% | $20.2M | $11.1M | 100x | as long as short |
| Backpack XMR_USDC_PERP | +0.0551% | 1h | 574.54 | −0.118% | $175K | $475K | 20x | as long as short |
| Gate XMR_USDT | +0.0560% | 8h | 574.61 | −0.106% | $1.5M | $2.8M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0588% | 8h | 574.83 | −0.068% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0616% | 1h | 573.90 | −0.229% | $5.4M | $12.1M | 50x | as long as short |
| Aster XMRUSDT | +0.0701% | 8h | 574.77 | −0.079% | $642K | $1.7M | 75x | as long as short |
| dYdX XMR-USD | +0.0707% | 1h | 574.47 | −0.131% | $104K | $29K | 5x | as long as short |
| Pacifica XMR | +0.0735% | 1h | 574.68 | −0.094% | $269K | $836K | 10x | as long as short |
| BloFin XMR-USDT | +0.0877% | 8h | 575.15 | −0.012% | $2.7M | $10.4M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0890% | 8h | 575.87 | +0.114% | $343K | $652K | 10x | as long as short |
| Variational Omni XMR | +0.0942% | 8h | 576.14 | +0.160% | $6.2M | $2.3M | — | as long as short |
| Nado XMR-PERP | +0.1105% | 1h | 574.62 | −0.104% | $1.3M | $434K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.1169% | 8h | 574.58 | −0.111% | $40K | $505K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1169% / S −0.1547% | 1h | 573.87 | −0.235% | $598K | — | 100x | as long as short |
| Aftermath Perps XMRUSD | +0.1809% | 1h | 575.45 | +0.040% | $1K | $40K | 10x | as long as short |
Hyperliquid XMR
Bybit XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
SoDEX XMR-USD
MEXC XMR_USDT
Backpack XMR_USDC_PERP
Gate XMR_USDT
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
Aster XMRUSDT
dYdX XMR-USD
Pacifica XMR
BloFin XMR-USDT
GRVT XMR_USDT_Perp
Variational Omni XMR
Nado XMR-PERP
Orderly PERP_XMR_USDC
GMX XMR/USD [WBTC.b-USDC]
Aftermath Perps XMRUSD