Funding you earn now, next payment 00:00 UTC+0.0267%/8h= +29.3% APRnext payment +$2.67 per $10,000 · paid last 24h +0.119%
Price spread now: Binance against Bybit+0.047%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$490.489% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 7 days−0.050%−$5 · spread now +0.047%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Binance is 0.029% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 595.57 | 0.0100 | pay 0.0100% / 8h | 2h 34m | $47.7M | $60.8M | 75x |
| Short | Binance XMRUSDT | 595.85 | 0.0367 | get 0.0367% / 8h | 2h 34m | $54.5M | $161.8M | 75x |
Bybit XMRUSDT
Binance XMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $56.16
- Price spread: +0.047% → +0.018%
- $2.94
- Slippage, 4 orders
- −$27.94
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $10.16
- Costs to cover
- 0.489%
- Break-even
- 5.7 days
Slippage from Bybit: live order book, 5 min ago; Binance: live order book, 9 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 Bybit live order book, 5 min ago | 0.76 bp | 13.4 bp −$13 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.08 bp | 11.8 bp −$12 | 29.0 bp −$290 | 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 −0.0009% | 1h | 595.01 | −0.095% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.618% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDTlong | +0.0100% | 8h | 595.57 | long leg | $47.7M | $60.8M | 75x | |
| edgeX XMRUSDC | +0.0100% | 4h | 593.32 | −0.378% | $1.1M | $672K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 595.08 | −0.082% | $2K | $1.9M | 20x | as long as short |
| Backpack XMR_USDC_PERP | +0.0156% | 1h | 594.94 | −0.106% | $203K | $571K | 20x | as long as short |
| Aevo XMR-PERP | +0.0176% | 1h | 596.13 | +0.093% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0242% | 1h | 595.90 | +0.055% | $24K | $1.8M | 5x | as long as short |
| Lighter XMR | +0.0288% | 1h | 595.71 | +0.023% | $3.5M | $6.7M | 10x | as long as short |
| Variational Omni XMR | +0.0295% | 8h | 595.15 | −0.071% | $6.9M | $2.8M | — | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
Backpack XMR_USDC_PERP
Aevo XMR-PERP
Polymarket Perps XMR-USD
Lighter XMR
Variational Omni XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX XMR-USD | +0.0328% | 1h | 595.89 | +0.054% | $453K | $4K | 5x | as long as short |
| dYdX XMR-USD | +0.0334% | 1h | 594.39 | −0.198% | $108K | $50K | 5x | as long as short |
| MEXC XMR_USDT | +0.0367% | 8h | 596.00 | +0.072% | $22.7M | $15.2M | 100x | as long as short |
| Binance XMRUSDTshort | +0.0367% | 8h | 595.85 | +0.047% | $54.5M | $161.8M | 75x | |
| BingX XMR-USDT | +0.0372% | 8h | 595.75 | +0.030% | — | $5.8M | — | as long as short |
| Gate XMR_USDT | +0.0394% | 8h | 595.56 | −0.002% | $1.6M | $4.5M | 50x | as long as short |
| Bitget XMRUSDT | +0.0395% | 8h | 595.84 | +0.045% | $9.9M | $14.0M | 50x | as long as short |
| BloFin XMR-USDT | +0.0515% | 8h | 595.72 | +0.025% | $2.8M | $11.3M | 75x | as long as short |
| Aster XMRUSDT | +0.0554% | 8h | 595.41 | −0.028% | $674K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0612% | 1h | 594.71 | −0.145% | $5.6M | $20.3M | 50x | as long as short |
| Pacifica XMR | +0.0619% | 1h | 595.52 | −0.008% | $269K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0627% | 8h | 595.40 | −0.029% | $349K | $782K | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0632% | 8h | 595.52 | −0.008% | $49.6M | $25.4M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0766% | 8h | 595.45 | −0.020% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0842% / S −0.1411% | 1h | 594.79 | −0.130% | $354K | — | 100x | as long as short |
| Nado XMR-PERP | +0.0863% | 1h | 595.76 | +0.032% | $1.3M | $477K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.0879% | 8h | 595.85 | +0.047% | $48K | $729K | 10x | as long as short |
| Extended XMR-USD | +0.1152% | 1h | 595.78 | +0.036% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1634% | 1h | 596.79 | +0.205% | $86.9M | $65.5M | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2348% | 1h | 594.66 | −0.152% | $2K | $47K | 10x | as long as short |
| HTX XMR-USDT | +0.2386% | 8h | 593.00 | −0.432% | $1.1M | $1.4M | 20x | as long as short |
SoDEX XMR-USD
dYdX XMR-USD
MEXC XMR_USDT
BingX XMR-USDT
Gate XMR_USDT
Bitget XMRUSDT
BloFin XMR-USDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
GRVT XMR_USDT_Perp
KuCoin XMRUSDTM
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Nado XMR-PERP
Orderly PERP_XMR_USDC
Extended XMR-USD
Hyperliquid XMR
Aftermath Perps XMRUSD
HTX XMR-USDT