XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0329%/8h= −36.0% APRnext payment −$3.29 per $10,000 · paid last 24h −0.068%

Price spread now: MEXC against BloFin−0.099%94s7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$103as 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−$680.684% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.346%−$35 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.099%, 7d avg −0.005%

Together, before fees−0.272%−$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and MEXC is 0.094% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.005%). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XMR-USDT	575.36	0.0849	pay 0.0849% / 8h	3h 49m	$2.7M	$11.2M	75x
Short	MEXC XMR_USDT	574.79	0.0520	get 0.0520% / 8h	3h 49m	$19.9M	$14.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.099%Rate

Funding earned: −$69.12
Price spread: −0.099% → −0.005%: −$9.4
Slippage, 4 orders: −$52.4
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$146.92
Costs to cover: 0.684%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; MEXC: 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 BloFin live order book, 4 min ago	1.13 bp	16.5 bp −$16	24.1 bp −$241	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	1.82 bp	23.2 bp −$23	29.5 bp −$295	73.5 bp −$7,347	223.2 bp −$111.6K

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	573.68	−0.292%	$50K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.250%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	576.00	+0.111%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	574.48	−0.153%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.30	−0.010%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	575.24	−0.022%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0225%	1h	573.70	−0.289%	$5.4M	$19.4M	50x	as long as short
dYdX XMR-USD	+0.0310%	1h	573.81	−0.270%	$104K	$44K	5x	as long as short
KuCoin XMRUSDTM	+0.0377%	8h	574.08	−0.222%	$44.9M	$26.4M	50x	as long as short
Lighter XMR	+0.0456%	1h	574.56	−0.140%	$3.2M	$7.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Backpack XMR_USDC_PERP	+0.0469%	1h	574.43	−0.162%	$169K	$534K	20x	as long as short
Gate XMR_USDT	+0.0473%	8h	574.59	−0.134%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0493%	8h	574.74	−0.108%	—	$5.6M	—	as long as short
Bybit XMRUSDT	+0.0506%	8h	574.70	−0.115%	$46.8M	$64.5M	75x	as long as short
Bitget XMRUSDT	+0.0508%	8h	574.81	−0.096%	$9.5M	$13.7M	50x	as long as short
MEXC XMR_USDTshort	+0.0520%	8h	574.79	−0.099%	$19.9M	$14.7M	100x
Binance XMRUSDT	+0.0521%	8h	574.67	−0.120%	$52.6M	$164.0M	75x	as long as short
Pacifica XMR	+0.0682%	1h	574.75	−0.105%	$265K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0684%	8h	574.69	−0.117%	$637K	$2.3M	75x	as long as short
Extended XMR-USD	+0.0720%	1h	574.47	−0.154%	$3.1M	$8.4M	25x	as long as short
Polymarket Perps XMR-USD	+0.0748%	1h	574.70	−0.115%	$28K	$2.2M	5x	as long as short
BloFin XMR-USDTlong	+0.0849%	8h	575.36	long leg	$2.7M	$11.2M	75x
GRVT XMR_USDT_Perp	+0.0920%	8h	576.31	+0.165%	$338K	$728K	10x	as long as short
Paradex XMR-USD-PERP	+0.0926%	8h	574.74	−0.108%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1254%	1h	573.72	−0.284%	$591K	—	100x	as long as short
Variational Omni XMR	+0.1074%	8h	575.80	+0.076%	$6.5M	$2.2M	—	as long as short
Orderly PERP_XMR_USDC	+0.1128%	8h	574.91	−0.078%	$40K	$735K	10x	as long as short
Hyperliquid XMR	+0.1181%	1h	574.69	−0.116%	$86.5M	$71.1M	5x	as long as short
Nado XMR-PERP	+0.1205%	1h	575.13	−0.039%	$1.3M	$460K	10x	as long as short
SoDEX XMR-USD	+0.1377%	1h	575.10	−0.045%	$437K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1936%	1h	574.93	−0.074%	$1K	$44K	10x	as long as short