XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0555%/8h= −60.8% APRnext payment −$5.55 per $10,000 · paid last 24h +0.146%

Price spread now: Gate against Bybit−0.228%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$89as in the Price arb table

costs, in and out, $10k−$710.711% of the position

Long on Bybit Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.509%+$51 on $10k

Price spread, last 7 days+0.251%+$25 · spread now −0.228%, 7d avg −0.050%

Together, before fees+0.760%+$76 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Gate is 0.177% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.509%, 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	592.49	0.1603	pay 0.1603% / 8h	7h 40m	$47.7M	$64.6M	75x
Short	Gate XMR_USDT	591.14	0.1048	get 0.1048% / 8h	7h 40m	$1.6M	$4.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.228%Rate

Funding earned: −$116.51
Price spread: −0.228% → −0.050%: −$17.74
Slippage, 4 orders: −$45.11
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$205.37
Costs to cover: 0.711%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Gate: live order book, 2 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	0.51 bp	11.4 bp −$11	24.3 bp −$243	89.2 bp −$8,915	doesn't fit
Sell Gate live order book, 2 min ago	5.77 bp	17.8 bp −$18	41.4 bp −$414	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	589.18	−0.558%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.721%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0096%	1h	590.14	−0.397%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	589.33	−0.533%	$1.0M	$659K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.15	−0.564%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	591.00	−0.251%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0184%	1h	590.92	−0.265%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0411%	8h	592.45	−0.007%	$21.5M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0412%	8h	591.86	−0.106%	$54.2M	$166.8M	75x	as long as short
Bitget XMRUSDT	+0.0512%	8h	592.49	0.000%	$9.7M	$14.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0593%	8h	590.88	−0.272%	$2.8M	$11.6M	75x	as long as short
Aster XMRUSDT	+0.0629%	8h	591.92	−0.096%	$654K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0645%	1h	589.64	−0.481%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	592.16	−0.055%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0664%	8h	591.69	−0.135%	$48.5M	$26.2M	50x	as long as short
Variational Omni XMR	+0.0778%	8h	592.85	+0.061%	$6.7M	$2.6M	—	as long as short
Backpack XMR_USDC_PERP	+0.0841%	1h	590.29	−0.371%	$200K	$549K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0869% / S −0.2452%	1h	588.74	−0.633%	$548K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1015%	8h	589.89	−0.439%	$42K	$737K	10x	as long as short
Gate XMR_USDTshort	+0.1048%	8h	591.14	−0.228%	$1.6M	$4.6M	50x
Paradex XMR-USD-PERP	+0.1109%	8h	592.05	−0.074%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1224%	1h	591.90	−0.099%	$3.3M	$7.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1240%	8h	589.84	−0.447%	$345K	$805K	10x	as long as short
Nado XMR-PERP	+0.1329%	1h	591.55	−0.158%	$1.3M	$466K	10x	as long as short
Polymarket Perps XMR-USD	+0.1361%	1h	591.33	−0.196%	$48K	$1.9M	5x	as long as short
BingX XMR-USDT	+0.1375%	8h	592.70	+0.035%	—	$5.8M	—	as long as short
SoDEX XMR-USD	+0.1481%	1h	590.97	−0.257%	$449K	$3K	5x	as long as short
Bybit XMRUSDTlong	+0.1603%	8h	592.49	long leg	$47.7M	$64.6M	75x
Hyperliquid XMR	+0.2002%	1h	592.50	+0.002%	$89.5M	$73.1M	5x	as long as short
Extended XMR-USD	+0.2392%	1h	591.56	−0.157%	$3.2M	$7.5M	25x	as long as short
Aftermath Perps XMRUSD	+0.2483%	1h	590.04	−0.414%	$1K	$46K	10x	as long as short