Funding you earn now, next payment 00:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.060%
Price spread now: BloFin against BingX+0.042%96s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as 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−$480.481% of the position
Funding, last 7 days+0.326%+$33 on $10k
+Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.042%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.026% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XMR-USDT | 597.16 | 0.0394 | pay 0.0394% / 8h | 1h 21m | — | $5.7M | — |
| Short | BloFin XMR-USDT | 597.41 | 0.0469 | get 0.0469% / 8h | 1h 21m | $2.8M | $11.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against BingX. 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
- $15.75
- Price spread: +0.042% → +0.016%
- $2.59
- Slippage, 4 orders
- −$26.09
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$29.74
- Costs to cover
- 0.481%
- Break-even
- 20.2 days
Slippage from BingX: live order book, 4 min ago; BloFin: 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 BingX live order book, 4 min ago | 0.58 bp | 11.2 bp −$11 | 24.0 bp −$240 | 110.5 bp −$11.1K | 749.5 bp −$374.7K |
| Sell BloFin live order book, 2 min ago | 2.26 bp | 10.5 bp −$10 | 20.2 bp −$202 | 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 | 595.66 | −0.252% | $44K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 596.50 | −0.111% | $48.4M | $61.7M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 597.29 | +0.022% | $1.1M | $664K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 596.17 | −0.166% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 596.79 | −0.061% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0282% | 8h | 597.79 | +0.106% | $6.9M | $2.6M | — | as long as short |
| Binance XMRUSDT | +0.0331% | 8h | 597.08 | −0.013% | $54.8M | $163.0M | 75x | as long as short |
| MEXC XMR_USDT | +0.0333% | 8h | 597.17 | +0.002% | $22.3M | $15.0M | 100x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0382% | 1h | 595.76 | −0.234% | $5.7M | $20.4M | 50x | as long as short |
| Pacifica XMR | +0.0387% | 1h | 597.03 | −0.022% | $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-USDTlong | +0.0394% | 8h | 597.16 | long leg | — | $5.7M | — | |
| Bitget XMRUSDT | +0.0416% | 8h | 596.86 | −0.050% | $9.9M | $14.2M | 50x | as long as short |
| BloFin XMR-USDTshort | +0.0469% | 8h | 597.41 | +0.042% | $2.8M | $11.5M | 75x | |
| Gate XMR_USDT | +0.0541% | 8h | 596.67 | −0.082% | $1.7M | $4.6M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0541% | 8h | 596.66 | −0.084% | $48.6M | $25.9M | 50x | as long as short |
| Aster XMRUSDT | +0.0545% | 8h | 596.03 | −0.189% | $679K | $2.4M | 75x | as long as short |
| Lighter XMR | +0.0592% | 1h | 596.75 | −0.069% | $3.4M | $6.9M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0603% | 8h | 597.88 | +0.121% | $355K | $785K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.0695% | 1h | 596.76 | −0.067% | $3K | $6K | 12x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0808% / S −0.1288% | 1h | 595.44 | −0.288% | $330K | — | 100x | as long as short |
| Paradex XMR-USD-PERP | +0.0879% | 8h | 597.05 | −0.018% | $8K | $4K | 20x | as long as short |
| Polymarket Perps XMR-USD | +0.0879% | 1h | 597.29 | +0.022% | $23K | $1.8M | 5x | as long as short |
| SoDEX XMR-USD | +0.0917% | 1h | 596.69 | −0.079% | $453K | $3K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.0944% | 8h | 596.61 | −0.092% | $44K | $729K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0981% | 1h | 596.11 | −0.176% | $203K | $575K | 20x | as long as short |
| Nado XMR-PERP | +0.1369% | 1h | 596.44 | −0.121% | $1.3M | $482K | 10x | as long as short |
| dYdX XMR-USD | +0.1779% | 1h | 596.25 | −0.152% | $108K | $50K | 5x | as long as short |
| Extended XMR-USD | +0.1880% | 1h | 597.01 | −0.025% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1942% | 1h | 597.29 | +0.022% | $88.9M | $68.6M | 5x | as long as short |
| HTX XMR-USDT | +0.1982% | 8h | 595.19 | −0.330% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2443% | 1h | 596.70 | −0.077% | $2K | $47K | 10x | as long as short |
BingX XMR-USDT
BloFin XMR-USDT
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Variational Omni XMR
Binance XMRUSDT
MEXC XMR_USDT
Kraken Futures PF_XMRUSD
Pacifica XMR
Bitget XMRUSDT
Gate XMR_USDT
KuCoin XMRUSDTM
Aster XMRUSDT
Lighter XMR
GRVT XMR_USDT_Perp
Injective XMR/USDC PERP
GMX XMR/USD [WBTC.b-USDC]
Paradex XMR-USD-PERP
Polymarket Perps XMR-USD
SoDEX XMR-USD
Backpack XMR_USDC_PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD