Funding you earn now, next payment 02:00 UTC+0.0165%/8h= +18.1% APRpaid last 24h +0.129%
Price spread now: Polymarket Perps against Bybit−0.046%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs+$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days+0.590%+$59 on $10k
+Price spread, last 7 days+0.047%+$5 · spread now −0.046%, 7d avg +0.004%
=Funding pays, the price is against you. Polymarket Perps is 0.050% cheaper against Bybit than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.004%). If the spread goes back, that is −$5 on $10k: about 24 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 590.36 | 0.0905 | pay 0.0905% / 8h | 6h 27m | $47.6M | $65.1M | 75x |
| Short | Polymarket Perps XMR-USD | 590.09 | 0.1070 | get 0.0134% / 1h | 27m 50s | $49K | $2.1M | 5x |
Bybit XMRUSDT
Polymarket Perps XMR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- $34.69
- Price spread: −0.046% → +0.004%
- −$5
- Slippage, 4 orders
- −$16.17
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$5.49
- Costs to cover
- 0.352%
- Break-even
- 8.1 days
Slippage from Bybit: live order book, 1 min ago; Polymarket Perps: 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, 1 min ago | 0.17 bp | 10.1 bp −$10 | 24.4 bp −$244 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 6 min ago | 2.58 bp | 6.6 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
XMR on 30 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 −0.0010% | 1h | 589.31 | −0.178% | $35K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.084% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 585.74 | −0.782% | $1.0M | $670K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 590.00 | −0.061% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 588.00 | −0.400% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 590.30 | −0.010% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0493% | 8h | 590.49 | +0.022% | $21.1M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0501% | 8h | 590.35 | −0.002% | $53.9M | $168.5M | 75x | as long as short |
| dYdX XMR-USD | +0.0516% | 1h | 586.64 | −0.630% | $106K | $50K | 5x | as long as short |
| Bitget XMRUSDT | +0.0604% | 8h | 590.24 | −0.020% | $9.6M | $14.5M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
MEXC XMR_USDT
Binance XMRUSDT
dYdX XMR-USD
Bitget XMRUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XMR_USDT | +0.0627% | 8h | 589.98 | −0.064% | $1.6M | $4.6M | 50x | as long as short |
| Aster XMRUSDT | +0.0676% | 8h | 590.00 | −0.061% | $654K | $2.5M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0773% | 8h | 589.56 | −0.136% | $48.3M | $26.2M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 588.79 | −0.266% | $273K | $1.1M | 10x | as long as short |
| BingX XMR-USDT | +0.0865% | 8h | 590.36 | 0.000% | — | $5.8M | — | as long as short |
| Bybit XMRUSDTlong | +0.0905% | 8h | 590.36 | long leg | $47.6M | $65.1M | 75x | |
| Backpack XMR_USDC_PERP | +0.0922% | 1h | 590.55 | +0.032% | $185K | $534K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0927% / S −0.1138% | 1h | 588.99 | −0.233% | $656K | — | 100x | as long as short |
| GRVT XMR_USDT_Perp | +0.0979% | 8h | 584.15 | −1.052% | $340K | $792K | 10x | as long as short |
| Variational Omni XMR | +0.1000% | 8h | 585.44 | −0.834% | $6.6M | $2.9M | — | as long as short |
| Lighter XMR | +0.1024% | 1h | 589.59 | −0.131% | $3.3M | $7.2M | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.1057% | 8h | 590.30 | −0.010% | $42K | $735K | 10x | as long as short |
| Polymarket Perps XMR-USDshort | +0.1070% | 1h | 590.09 | −0.046% | $49K | $2.1M | 5x | |
| Paradex XMR-USD-PERP | +0.1207% | 8h | 588.97 | −0.235% | $8K | $4K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.1296% | 1h | 589.52 | −0.142% | $5.6M | $20.5M | 50x | as long as short |
| Nado XMR-PERP | +0.1401% | 1h | 590.42 | +0.011% | $1.3M | $467K | 10x | as long as short |
| Hyperliquid XMR | +0.1799% | 1h | 590.46 | +0.017% | $89.4M | $73.8M | 5x | as long as short |
| SoDEX XMR-USD | +0.1833% | 1h | 590.57 | +0.036% | $449K | $3K | 5x | as long as short |
| Extended XMR-USD | +0.2016% | 1h | 590.15 | −0.035% | $3.2M | $8.3M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2743% | 1h | 584.80 | −0.941% | $1K | $46K | 10x | as long as short |
Gate XMR_USDT
Aster XMRUSDT
KuCoin XMRUSDTM
Pacifica XMR
BingX XMR-USDT
Backpack XMR_USDC_PERP
GMX XMR/USD [WBTC.b-USDC]
GRVT XMR_USDT_Perp
Variational Omni XMR
Lighter XMR
Orderly PERP_XMR_USDC
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
Nado XMR-PERP
Hyperliquid XMR
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD