Funding you earn now, next payment 08:00 UTC−0.0473%/8h= −51.8% APRnext payment −$4.73 per $10,000 · paid last 24h −0.069%
Price spread now: Bitget against BloFin−0.056%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days−0.426%−$43 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.056%, 7d avg −0.017%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.039% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XMR-USDT | 573.16 | 0.1061 | pay 0.1061% / 8h | 1h 39m | $2.7M | $10.8M | 75x |
| Short | Bitget XMRUSDT | 572.84 | 0.0588 | get 0.0588% / 8h | 1h 39m | $9.4M | $12.1M | 50x |
BloFin XMR-USDT
Bitget XMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$99.36
- Price spread: −0.056% → −0.017%
- −$3.93
- Slippage, 4 orders
- −$25.12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$152.41
- Costs to cover
- 0.491%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago | 0.09 bp | 7.9 bp −$8 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.70 bp | 13.3 bp −$13 | 17.2 bp −$172 | 71.9 bp −$7,195 | 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 | 571.69 | −0.256% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.638% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 575.02 | +0.325% | $1.0M | $632K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 572.48 | −0.119% | $2K | $1.6M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 572.00 | −0.202% | $1.1M | $1.5M | 20x | as long as short |
| dYdX XMR-USD | +0.0211% | 1h | 572.03 | −0.198% | $104K | $43K | 5x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 572.95 | −0.038% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0320% | 1h | 572.59 | −0.099% | $3.1M | $6.2M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0330% | 8h | 571.91 | −0.218% | $45.1M | $23.7M | 50x | as long as short |
| Extended XMR-USD | +0.0416% | 1h | 572.46 | −0.122% | $3.0M | $8.4M | 25x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
dYdX XMR-USD
Aevo XMR-PERP
Lighter XMR
KuCoin XMRUSDTM
Extended XMR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps XMR-USD | +0.0465% | 1h | 573.01 | −0.026% | $22K | $2.0M | 5x | as long as short |
| Bitget XMRUSDTshort | +0.0588% | 8h | 572.84 | −0.056% | $9.4M | $12.1M | 50x | |
| BingX XMR-USDT | +0.0632% | 8h | 573.43 | +0.047% | — | $5.5M | — | as long as short |
| Kraken Futures PF_XMRUSD | +0.0635% | 1h | 571.95 | −0.210% | $5.4M | $16.9M | 50x | as long as short |
| Binance XMRUSDT | +0.0639% | 8h | 572.71 | −0.079% | $52.1M | $142.0M | 75x | as long as short |
| MEXC XMR_USDT | +0.0641% | 8h | 572.38 | −0.136% | $20.0M | $14.4M | 100x | as long as short |
| Bybit XMRUSDT | +0.0650% | 8h | 572.25 | −0.159% | $46.4M | $60.8M | 75x | as long as short |
| Gate XMR_USDT | +0.0664% | 8h | 571.88 | −0.223% | $1.5M | $3.3M | 50x | as long as short |
| Aster XMRUSDT | +0.0793% | 8h | 572.27 | −0.156% | $634K | $2.0M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0797% | 1h | 572.37 | −0.138% | $174K | $524K | 20x | as long as short |
| Hyperliquid XMR | +0.0828% | 1h | 572.42 | −0.129% | $86.7M | $65.8M | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0835% | 8h | 572.23 | −0.162% | $8K | $3K | 20x | as long as short |
| SoDEX XMR-USD | +0.0922% | 1h | 572.54 | −0.108% | $435K | $3K | 5x | as long as short |
| Pacifica XMR | +0.1002% | 1h | 572.29 | −0.152% | $264K | $927K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1002% | 8h | 574.38 | +0.213% | $343K | $711K | 10x | as long as short |
| BloFin XMR-USDTlong | +0.1061% | 8h | 573.16 | long leg | $2.7M | $10.8M | 75x | |
| Nado XMR-PERP | +0.1067% | 1h | 572.91 | −0.044% | $1.3M | $445K | 10x | as long as short |
| Variational Omni XMR | +0.1127% | 8h | 574.55 | +0.243% | $6.2M | $2.4M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1128% / S −0.1498% | 1h | 571.59 | −0.274% | $598K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1187% | 8h | 572.66 | −0.087% | $40K | $604K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1960% | 1h | 573.97 | +0.142% | $2K | $41K | 10x | as long as short |
Polymarket Perps XMR-USD
BingX XMR-USDT
Kraken Futures PF_XMRUSD
Binance XMRUSDT
MEXC XMR_USDT
Bybit XMRUSDT
Gate XMR_USDT
Aster XMRUSDT
Backpack XMR_USDC_PERP
Hyperliquid XMR
Paradex XMR-USD-PERP
SoDEX XMR-USD
Pacifica XMR
GRVT XMR_USDT_Perp
Nado XMR-PERP
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD