Funding you earn now, next payment 08:00 UTC−0.0058%/8h= −6.4% APRnext payment −$0.58 per $10,000 · paid last 24h −0.027%
Price spread now: GRVT against BloFin−0.316%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.123%−$12 on $10k
+Price spread, last 4 days (all we have)+0.253%+$25 · spread now −0.316%, 7d avg −0.028%
=Together, before fees+0.130%+ Points / potential airdropGRVT: Active · farm board+$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and GRVT is 0.288% cheaper against BloFin than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of −0.028%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XMR-USDT | 574.01 | 0.1048 | pay 0.1048% / 8h | 1h 35m | $2.7M | $10.8M | 75x |
| Short | GRVT XMR_USDT_Perp | 572.20 | 0.0990 | get 0.0990% / 8h | 1h 35m | $341K | $711K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$12.23
- Price spread: −0.316% → −0.028%
- −$28.77
- Slippage, 4 orders
- −$19.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$81.32
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; GRVT: live order book, 8 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 | 0.26 bp | 11.4 bp −$11 | 28.4 bp −$284 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 8 min ago | 1.56 bp | 8.8 bp −$9 | 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 −0.0004% | 1h | 571.39 | −0.456% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.488% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 572.48 | −0.267% | $1.0M | $633K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 573.46 | −0.096% | $2K | $1.6M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 572.77 | −0.216% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 573.46 | −0.096% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0321% | 8h | 573.14 | −0.152% | $45.2M | $23.6M | 50x | as long as short |
| Lighter XMR | +0.0328% | 1h | 573.58 | −0.075% | $3.1M | $6.2M | 10x | as long as short |
| Extended XMR-USD | +0.0384% | 1h | 573.68 | −0.058% | $3.0M | $8.4M | 25x | as long as short |
| Polymarket Perps XMR-USD | +0.0508% | 1h | 573.22 | −0.138% | $22K | $2.0M | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0586% | 8h | 573.94 | −0.012% | $9.5M | $12.1M | 50x | as long as short |
| BingX XMR-USDT | +0.0618% | 8h | 574.89 | +0.153% | — | $5.4M | — | as long as short |
| dYdX XMR-USD | +0.0621% | 1h | 571.50 | −0.437% | $103K | $43K | 5x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0634% | 1h | 573.09 | −0.160% | $5.4M | $16.8M | 50x | as long as short |
| MEXC XMR_USDT | +0.0634% | 8h | 573.95 | −0.010% | $20.0M | $14.4M | 100x | as long as short |
| Binance XMRUSDT | +0.0634% | 8h | 573.95 | −0.010% | $52.3M | $139.6M | 75x | as long as short |
| Bybit XMRUSDT | +0.0647% | 8h | 573.55 | −0.080% | $46.5M | $60.5M | 75x | as long as short |
| Gate XMR_USDT | +0.0660% | 8h | 573.28 | −0.127% | $1.5M | $3.3M | 50x | as long as short |
| Aster XMRUSDT | +0.0789% | 8h | 572.60 | −0.246% | $634K | $2.0M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0790% | 1h | 573.49 | −0.091% | $174K | $524K | 20x | as long as short |
| Paradex XMR-USD-PERP | +0.0842% | 8h | 572.73 | −0.222% | $8K | $3K | 20x | as long as short |
| Hyperliquid XMR | +0.0842% | 1h | 573.51 | −0.087% | $86.9M | $65.8M | 5x | as long as short |
| SoDEX XMR-USD | +0.0988% | 1h | 573.95 | −0.010% | $436K | $3K | 5x | as long as short |
| GRVT XMR_USDT_Perpshort | +0.0990% | 8h | 572.20 | −0.316% | $341K | $711K | 10x | |
| Pacifica XMR | +0.1002% | 1h | 572.80 | −0.210% | $264K | $927K | 10x | as long as short |
| Nado XMR-PERP | +0.1026% | 1h | 573.75 | −0.044% | $1.3M | $445K | 10x | as long as short |
| BloFin XMR-USDTlong | +0.1048% | 8h | 574.01 | long leg | $2.7M | $10.8M | 75x | |
| Variational Omni XMR | +0.1113% | 8h | 572.30 | −0.297% | $6.2M | $2.4M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1127% / S −0.1482% | 1h | 572.82 | −0.207% | $594K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1184% | 8h | 573.61 | −0.070% | $40K | $595K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1945% | 1h | 573.39 | −0.109% | $2K | $41K | 10x | as long as short |
BloFin XMR-USDT
GRVT XMR_USDT_Perp
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Lighter XMR
Extended XMR-USD
Polymarket Perps XMR-USD
Bitget XMRUSDT
BingX XMR-USDT
Kraken Futures PF_XMRUSD
MEXC XMR_USDT
Binance XMRUSDT
Bybit XMRUSDT
Gate XMR_USDT
Aster XMRUSDT
Backpack XMR_USDC_PERP
Paradex XMR-USD-PERP
Hyperliquid XMR
SoDEX XMR-USD
Pacifica XMR
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Aftermath Perps XMRUSD