XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0401%/8h= +43.9% APRnext payment +$4.01 per $10,000 · paid last 24h +0.022%

Price spread now: GRVT against BingX−0.025%114s7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$35as 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−$550.548% of the position

Long on BingX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.194%+$19 on $10k

Price spread, last 4 days (all we have)+0.383%+$38 · spread now −0.025%, 7d avg −0.006%

Together, before fees+0.577%+ Points / potential airdropGRVT: Active · farm board+$58 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: +$12 a day on $10k at the current rate. The two prices were read 114 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 0.194% in total (about 10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.01 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	BingX XMR-USDT	574.53	0.0535	pay 0.0535% / 8h	3h 31m	—	$5.6M	—
Short	GRVT XMR_USDT_Perp	574.38	0.0936	get 0.0936% / 8h	3h 31m	$338K	$726K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against BingX. 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 BingXbpFee GRVTbpOrdersPrice spread, now −0.025%Rate

Funding earned: $84.21
Price spread: −0.025% → −0.006%: −$1.94
Slippage, 4 orders: −$35.78
Fee BingX: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $27.48
Costs to cover: 0.548%
Break-even: 4.7 days

Slippage from BingX: live order book, 4 min ago; GRVT: live order book, 21 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	0.61 bp	12.8 bp −$13	22.4 bp −$224	126.2 bp −$12.6K	doesn't fit
Sell GRVT live order book, 21 min ago	1.13 bp	17.0 bp −$17	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 −0.0008%	1h	572.44	−0.363%	$50K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.396%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	573.92	−0.105%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	573.24	−0.225%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	573.57	−0.167%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0216%	1h	574.00	−0.092%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0226%	1h	572.61	−0.334%	$5.4M	$19.4M	50x	as long as short
KuCoin XMRUSDTM	+0.0341%	8h	572.89	−0.285%	$44.9M	$26.3M	50x	as long as short
Gate XMR_USDT	+0.0478%	8h	573.63	−0.157%	$1.6M	$4.5M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0505%	1h	573.17	−0.237%	$169K	$533K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0523%	8h	574.12	−0.071%	$9.4M	$13.5M	50x	as long as short
Lighter XMR	+0.0528%	1h	573.53	−0.173%	$3.1M	$7.5M	10x	as long as short
BingX XMR-USDTlong	+0.0535%	8h	574.53	long leg	—	$5.6M	—
MEXC XMR_USDT	+0.0546%	8h	573.55	−0.171%	$19.8M	$14.7M	100x	as long as short
Binance XMRUSDT	+0.0549%	8h	573.57	−0.167%	$52.4M	$163.5M	75x	as long as short
Bybit XMRUSDT	+0.0605%	8h	573.70	−0.144%	$46.7M	$64.4M	75x	as long as short
Extended XMR-USD	+0.0656%	1h	573.95	−0.100%	$3.1M	$8.3M	25x	as long as short
Pacifica XMR	+0.0682%	1h	573.65	−0.154%	$265K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0696%	8h	573.44	−0.190%	$636K	$2.3M	75x	as long as short
Polymarket Perps XMR-USD	+0.0761%	1h	573.46	−0.186%	$25K	$2.2M	5x	as long as short
BloFin XMR-USDT	+0.0894%	8h	573.65	−0.153%	$2.7M	$11.2M	75x	as long as short
GRVT XMR_USDT_Perpshort	+0.0936%	8h	574.38	−0.025%	$338K	$726K	10x
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1254%	1h	572.43	−0.366%	$589K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0990%	8h	573.76	−0.134%	$8K	$4K	20x	as long as short
dYdX XMR-USD	+0.1019%	1h	572.31	−0.387%	$104K	$44K	5x	as long as short
Nado XMR-PERP	+0.1082%	1h	573.90	−0.110%	$1.3M	$458K	10x	as long as short
Variational Omni XMR	+0.1103%	8h	573.42	−0.192%	$6.3M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1126%	8h	573.73	−0.139%	$40K	$735K	10x	as long as short
Hyperliquid XMR	+0.1251%	1h	573.73	−0.139%	$86.4M	$71.3M	5x	as long as short
SoDEX XMR-USD	+0.1408%	1h	573.90	−0.110%	$436K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1930%	1h	573.58	−0.165%	$1K	$44K	10x	as long as short