Funding you earn now, next payment 00:00 UTC−0.0083%/8h= −9.1% APRnext payment −$0.83 per $10,000 · paid last 24h −0.060%
Price spread now: BingX against BloFin−0.074%7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$530.525% of the position
Funding, last 7 days−0.326%−$33 on $10k
+Price spread, last 3 days (all we have)+0.020%+$2 · spread now −0.074%, 7d avg −0.016%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and BingX is 0.058% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.016%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XMR-USDT | 595.05 | 0.0460 | pay 0.0460% / 8h | 1h 34m | $2.8M | $11.5M | 75x |
| Short | BingX XMR-USDT | 594.61 | 0.0377 | get 0.0377% / 8h | 1h 34m | — | $5.7M | — |
BloFin XMR-USDT
BingX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against BloFin. 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
- −$17.47
- Price spread: −0.074% → −0.016%
- −$5.8
- Slippage, 4 orders
- −$30.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$75.81
- Costs to cover
- 0.525%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; BingX: live order book, 16 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 BloFin live order book, 4 min ago | 0.67 bp | 9.3 bp −$9 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell BingX live order book, 16 min ago | 0.59 bp | 12.4 bp −$12 | 30.6 bp −$306 | 85.1 bp −$8,513 | 667.7 bp −$333.8K |
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 | 593.93 | −0.188% | $44K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 594.11 | −0.158% | $48.1M | $61.5M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 596.83 | +0.300% | $1.1M | $664K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 593.84 | −0.203% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0160% | 1h | 593.99 | −0.179% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0259% | 8h | 597.65 | +0.436% | $6.9M | $2.7M | — | as long as short |
| Binance XMRUSDT | +0.0326% | 8h | 594.64 | −0.068% | $54.6M | $162.8M | 75x | as long as short |
| MEXC XMR_USDT | +0.0327% | 8h | 594.41 | −0.108% | $22.3M | $15.0M | 100x | as long as short |
| BingX XMR-USDTshort | +0.0377% | 8h | 594.61 | −0.074% | — | $5.7M | — | |
| Kraken Futures PF_XMRUSD | +0.0384% | 1h | 593.19 | −0.313% | $5.6M | $20.4M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Variational Omni XMR
Binance XMRUSDT
MEXC XMR_USDT
Kraken Futures PF_XMRUSDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica XMR | +0.0387% | 1h | 594.68 | −0.061% | $270K | $1.0M | 10x | as long as short |
| Bitget XMRUSDT | +0.0398% | 8h | 594.58 | −0.079% | $9.9M | $14.2M | 50x | as long as short |
| BloFin XMR-USDTlong | +0.0460% | 8h | 595.05 | long leg | $2.8M | $11.5M | 75x | |
| Gate XMR_USDT | +0.0519% | 8h | 593.85 | −0.202% | $1.6M | $4.5M | 50x | as long as short |
| Aster XMRUSDT | +0.0529% | 8h | 594.60 | −0.076% | $671K | $2.3M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0534% | 8h | 593.98 | −0.180% | $48.6M | $25.8M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0596% | 8h | 597.71 | +0.446% | $355K | $785K | 10x | as long as short |
| Lighter XMR | +0.0688% | 1h | 594.43 | −0.104% | $3.4M | $6.7M | 10x | as long as short |
| Injective XMR/USDC PERP | +0.0695% | 1h | 591.89 | −0.531% | $3K | $6K | 12x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0823% / S −0.1341% | 1h | 594.07 | −0.164% | $341K | — | 100x | as long as short |
| Polymarket Perps XMR-USD | +0.0827% | 1h | 594.38 | −0.113% | $23K | $1.8M | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0840% | 8h | 594.50 | −0.092% | $8K | $4K | 20x | as long as short |
| SoDEX XMR-USD | +0.0864% | 1h | 594.61 | −0.074% | $452K | $3K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.0927% | 8h | 594.92 | −0.022% | $49K | $720K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.1008% | 1h | 594.06 | −0.166% | $202K | $575K | 20x | as long as short |
| dYdX XMR-USD | +0.1461% | 1h | 593.17 | −0.316% | $108K | $50K | 5x | as long as short |
| Nado XMR-PERP | +0.1527% | 1h | 594.77 | −0.047% | $1.3M | $480K | 10x | as long as short |
| Extended XMR-USD | +0.1816% | 1h | 594.38 | −0.112% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1975% | 1h | 595.02 | −0.005% | $88.0M | $68.1M | 5x | as long as short |
| HTX XMR-USDT | +0.2085% | 8h | 593.81 | −0.208% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2467% | 1h | 597.06 | +0.338% | $2K | $47K | 10x | as long as short |
Pacifica XMR
Bitget XMRUSDT
Gate XMR_USDT
Aster XMRUSDT
KuCoin XMRUSDTM
GRVT XMR_USDT_Perp
Lighter XMR
Injective XMR/USDC PERP
GMX XMR/USD [WBTC.b-USDC]
Polymarket Perps XMR-USD
Paradex XMR-USD-PERP
SoDEX XMR-USD
Orderly PERP_XMR_USDC
Backpack XMR_USDC_PERP
dYdX XMR-USD
Nado XMR-PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD