Funding you earn now, next payment 08:00 UTC−0.0422%/8h= −46.2% APRnext payment −$4.22 per $10,000 · paid last 24h −0.132%
Price spread now: SunX against Bitget−0.146%7-day average −0.089% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$99as in the Price arb table
costs, in and out, $10k−$930.928% of the position
Funding, last 7 days−0.290%−$29 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.146%, 7d avg −0.089%
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and SunX is 0.058% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.089%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.290% in total (about -15.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.22 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 | Bitget XMRUSDT | 574.74 | 0.0522 | pay 0.0522% / 8h | 3h 12m | $9.5M | $13.4M | 50x |
| Short | SunX XMR-USDT | 573.90 | 0.0100 | get 0.0100% / 8h | 3h 12m | $2K | $1.9M | 20x |
Bitget XMRUSDT
SunX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- −$88.62
- Price spread: −0.146% → −0.089%
- −$5.75
- Slippage, 4 orders
- −$72.8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$187.17
- Costs to cover
- 0.928%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 1 min ago; SunX: live order book, 4 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 Bitget live order book, 1 min ago | 5.29 bp | 16.7 bp −$17 | 23.8 bp −$238 | 80.0 bp −$8,000 | doesn't fit |
| Sell SunX live order book, 4 min ago | 13.48 bp | 24.3 bp −$24 | 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 −0.0003% | 1h | 573.59 | −0.201% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.359% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 575.17 | +0.075% | $1.0M | $645K | 10x | as long as short |
| SunX XMR-USDTshort | +0.0100% | 8h | 573.90 | −0.146% | $2K | $1.9M | 20x | |
| HTX XMR-USDT | +0.0100% | 8h | 573.00 | −0.303% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0224% | 1h | 575.70 | +0.167% | $12K | — | 3x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0225% | 1h | 573.58 | −0.201% | $5.4M | $19.1M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0303% | 8h | 574.45 | −0.050% | $45.0M | $26.4M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0478% | 8h | 575.32 | +0.101% | $8K | $4K | 20x | as long as short |
| Bitget XMRUSDTlong | +0.0522% | 8h | 574.74 | long leg | $9.5M | $13.4M | 50x |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
HTX XMR-USDT
Aevo XMR-PERP
Kraken Futures PF_XMRUSD
KuCoin XMRUSDTM
Paradex XMR-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XMR_USDT | +0.0561% | 8h | 574.76 | +0.003% | $1.5M | $4.5M | 50x | as long as short |
| MEXC XMR_USDT | +0.0571% | 8h | 574.63 | −0.019% | $19.9M | $14.7M | 100x | as long as short |
| Binance XMRUSDT | +0.0572% | 8h | 574.77 | +0.004% | $52.5M | $163.0M | 75x | as long as short |
| BingX XMR-USDT | +0.0600% | 8h | 574.62 | −0.021% | — | $5.6M | — | as long as short |
| Lighter XMR | +0.0624% | 1h | 574.65 | −0.016% | $3.1M | $7.6M | 10x | as long as short |
| Bybit XMRUSDT | +0.0643% | 8h | 574.56 | −0.031% | $46.7M | $64.3M | 75x | as long as short |
| Pacifica XMR | +0.0682% | 1h | 575.22 | +0.084% | $266K | $1.0M | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0682% | 1h | 574.86 | +0.021% | $169K | $532K | 20x | as long as short |
| Extended XMR-USD | +0.0696% | 1h | 574.49 | −0.043% | $3.1M | $8.3M | 25x | as long as short |
| Aster XMRUSDT | +0.0723% | 8h | 575.05 | +0.053% | $643K | $2.3M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0729% | 1h | 574.29 | −0.078% | $28K | $2.2M | 5x | as long as short |
| dYdX XMR-USD | +0.0869% | 1h | 574.30 | −0.077% | $104K | $44K | 5x | as long as short |
| BloFin XMR-USDT | +0.0942% | 8h | 575.37 | +0.110% | $2.7M | $11.2M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0986% | 8h | 576.48 | +0.303% | $341K | $739K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0990% / S −0.1256% | 1h | 573.44 | −0.227% | $591K | — | 100x | as long as short |
| Nado XMR-PERP | +0.1114% | 1h | 574.70 | −0.008% | $1.3M | $458K | 10x | as long as short |
| Variational Omni XMR | +0.1143% | 8h | 573.01 | −0.300% | $6.3M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1148% | 8h | 574.47 | −0.047% | $40K | $735K | 10x | as long as short |
| Hyperliquid XMR | +0.1223% | 1h | 574.48 | −0.045% | $86.6M | $71.2M | 5x | as long as short |
| SoDEX XMR-USD | +0.1392% | 1h | 574.66 | −0.014% | $437K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1887% | 1h | 574.20 | −0.094% | $2K | $43K | 10x | as long as short |
Gate XMR_USDT
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Lighter XMR
Bybit XMRUSDT
Pacifica XMR
Backpack XMR_USDC_PERP
Extended XMR-USD
Aster XMRUSDT
Polymarket Perps XMR-USD
dYdX XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Nado XMR-PERP
Variational Omni XMR
Orderly PERP_XMR_USDC
Hyperliquid XMR
SoDEX XMR-USD
Aftermath Perps XMRUSD