XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0311%/8h= +34.1% APRnext payment +$3.11 per $10,000 · paid last 24h +0.081%

Price spread now: Bitget against Bybit+0.042%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$540.541% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.132%+$13 on $10k

Price spread, last 7 days−0.073%−$7 · spread now +0.042%, 7d avg +0.012%

Together, before fees+0.059%+$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.030% dearer against Bybit than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.012%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XMRUSDT	590.41	0.0100	pay 0.0100% / 8h	2h 55m	$47.2M	$60.6M	75x
Short	Bitget XMRUSDT	590.66	0.0411	get 0.0411% / 8h	2h 55m	$9.8M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now +0.042%Rate

Funding earned: $65.31
Price spread: +0.042% → +0.012%: $3
Slippage, 4 orders: −$31.14
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: $14.17
Costs to cover: 0.541%
Break-even: 5.5 days

Slippage from Bybit: live order book, 3 min ago; Bitget: live order book, 3 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, 3 min ago	0.34 bp	8.8 bp −$9	19.3 bp −$193	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	4.49 bp	14.2 bp −$14	19.9 bp −$199	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
dYdX XMR-USD	0.0000%	1h	589.74	−0.113%	$107K	$49K	5x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	590.05	−0.060%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	554.47	−6.087%	$3K	$5K	12x	as long as short
Bybit XMRUSDTlong	+0.0100%	8h	590.41	long leg	$47.2M	$60.6M	75x
Backpack XMR_USDC_PERP	+0.0100%	1h	589.88	−0.090%	$213K	$556K	20x	as long as short
edgeX XMRUSDC	+0.0100%	4h	589.80	−0.103%	$1.0M	$671K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.76	−0.110%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	590.83	+0.071%	$12K	—	3x	as long as short
SoDEX XMR-USD	+0.0290%	1h	590.62	+0.036%	$449K	$4K	5x	as long as short
Polymarket Perps XMR-USD	+0.0309%	1h	590.64	+0.039%	$24K	$1.8M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0320%	1h	590.67	+0.044%	$3.5M	$6.6M	10x	as long as short
Gate XMR_USDT	+0.0329%	8h	590.40	−0.002%	$1.6M	$4.5M	50x	as long as short
Variational Omni XMR	+0.0332%	8h	590.44	+0.005%	$6.9M	$2.8M	—	as long as short
Binance XMRUSDT	+0.0386%	8h	590.77	+0.061%	$54.2M	$161.8M	75x	as long as short
MEXC XMR_USDT	+0.0389%	8h	590.58	+0.029%	$22.6M	$15.1M	100x	as long as short
BingX XMR-USDT	+0.0395%	8h	590.73	+0.054%	—	$5.8M	—	as long as short
Bitget XMRUSDTshort	+0.0411%	8h	590.66	+0.042%	$9.8M	$13.9M	50x
BloFin XMR-USDT	+0.0547%	8h	589.79	−0.105%	$2.5M	$11.2M	75x	as long as short
Aster XMRUSDT	+0.0576%	8h	590.60	+0.032%	$669K	$2.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0617%	1h	589.81	−0.102%	$5.5M	$20.3M	50x	as long as short
KuCoin XMRUSDTM	+0.0618%	8h	590.65	+0.041%	$49.1M	$25.6M	50x	as long as short
Pacifica XMR	+0.0619%	1h	590.93	+0.088%	$268K	$1.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0653%	8h	590.62	+0.036%	$346K	$798K	10x	as long as short
Nado XMR-PERP	+0.0669%	1h	590.88	+0.080%	$1.3M	$477K	10x	as long as short
Paradex XMR-USD-PERP	+0.0737%	8h	590.85	+0.075%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0838% / S −0.1411%	1h	590.05	−0.061%	$351K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0879%	8h	590.67	+0.044%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1136%	1h	590.89	+0.081%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1469%	1h	591.45	+0.176%	$85.6M	$65.1M	5x	as long as short
Aftermath Perps XMRUSD	+0.2223%	1h	590.35	−0.010%	$1K	$47K	10x	as long as short
HTX XMR-USDT	+0.2277%	8h	590.23	−0.030%	$1.1M	$1.4M	20x	as long as short