Funding you earn now, next payment 08:00 UTC−0.0034%/8h= −3.8% APRnext payment −$0.34 per $10,000 · paid last 24h +0.117%
Price spread now: BingX against Bybit+0.044%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$460.460% of the position
Funding, last 7 days+0.270%+$27 on $10k
+Price spread, last 7 days−0.042%−$4 · spread now +0.044%, 7d avg +0.014%
=The price spread pays, funding is against you. BingX is 0.030% dearer against Bybit than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.014%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.270%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 570.30 | 0.0707 | pay 0.0707% / 8h | 2h 38m | $46.2M | $64.3M | 75x |
| Short | BingX XMR-USDT | 570.55 | 0.0673 | get 0.0673% / 8h | 2h 38m | — | $5.7M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$7.22
- Price spread: +0.044% → +0.014%
- $3
- Slippage, 4 orders
- −$25.04
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$50.26
- Costs to cover
- 0.460%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BingX: live order book, 6 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 | 1.31 bp | 11.7 bp −$12 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell BingX live order book, 6 min ago | 0.61 bp | 10.8 bp −$11 | 21.3 bp −$213 | 69.6 bp −$6,958 | 483.9 bp −$242.0K |
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 −0.0003% | 1h | 569.14 | −0.203% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.148% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 571.22 | +0.162% | $1.0M | $642K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 569.74 | −0.098% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 569.00 | −0.228% | $1.0M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0232% | 1h | 570.60 | +0.053% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0293% | 8h | 569.82 | −0.084% | $44.7M | $26.3M | 50x | as long as short |
| Bitget XMRUSDT | +0.0564% | 8h | 570.53 | +0.040% | $9.4M | $13.3M | 50x | as long as short |
| dYdX XMR-USD | +0.0593% | 1h | 569.32 | −0.173% | $103K | $44K | 5x | as long as short |
| Gate XMR_USDT | +0.0606% | 8h | 569.31 | −0.174% | $1.5M | $4.3M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0606% | 8h | 570.74 | +0.077% | $19.7M | $14.6M | 100x | as long as short |
| Binance XMRUSDT | +0.0606% | 8h | 570.52 | +0.039% | $52.2M | $161.5M | 75x | as long as short |
| BingX XMR-USDTshort | +0.0673% | 8h | 570.55 | +0.044% | — | $5.7M | — | |
| Bybit XMRUSDTlong | +0.0707% | 8h | 570.30 | long leg | $46.2M | $64.3M | 75x | |
| Polymarket Perps XMR-USD | +0.0744% | 1h | 569.86 | −0.077% | $28K | $2.2M | 5x | as long as short |
| Extended XMR-USD | +0.0744% | 1h | 570.71 | +0.073% | $3.0M | $8.2M | 25x | as long as short |
| Aster XMRUSDT | +0.0752% | 8h | 570.17 | −0.022% | $639K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0752% | 1h | 569.27 | −0.181% | $5.4M | $19.1M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0891% | 8h | 570.18 | −0.021% | $8K | $4K | 20x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 570.24 | −0.010% | $264K | $1.0M | 10x | as long as short |
| Lighter XMR | +0.0992% | 1h | 570.33 | +0.006% | $3.1M | $7.5M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0998% | 8h | 570.51 | +0.036% | $330K | $728K | 10x | as long as short |
| BloFin XMR-USDT | +0.0998% | 8h | 570.39 | +0.016% | $2.7M | $11.1M | 75x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1036% / S −0.1358% | 1h | 569.08 | −0.214% | $589K | — | 100x | as long as short |
| Hyperliquid XMR | +0.1183% | 1h | 570.56 | +0.046% | $86.0M | $70.9M | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.1183% | 8h | 570.18 | −0.021% | $40K | $714K | 10x | as long as short |
| Variational Omni XMR | +0.1192% | 8h | 570.33 | +0.005% | $6.3M | $2.3M | — | as long as short |
| SoDEX XMR-USD | +0.1299% | 1h | 570.43 | +0.023% | $434K | $3K | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.1312% | 1h | 569.92 | −0.067% | $167K | $534K | 20x | as long as short |
| Nado XMR-PERP | +0.1437% | 1h | 570.11 | −0.033% | $1.3M | $455K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2103% | 1h | 570.15 | −0.026% | $1K | $43K | 10x | as long as short |
Bybit XMRUSDT
BingX XMR-USDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
Gate XMR_USDT
MEXC XMR_USDT
Binance XMRUSDT
Polymarket Perps XMR-USD
Extended XMR-USD
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Paradex XMR-USD-PERP
Pacifica XMR
Lighter XMR
GRVT XMR_USDT_Perp
BloFin XMR-USDT
GMX XMR/USD [WBTC.b-USDC]
Hyperliquid XMR
Variational Omni XMR
SoDEX XMR-USD
Backpack XMR_USDC_PERP
Aftermath Perps XMRUSD