XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.1336%/8h= −146.3% APRnext payment −$1.67 per $10,000 · paid last 24h −0.070%

Price spread now: Lighter against Extended−0.028%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$290.294% of the position

Long on Extended Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.417%−$42 on $10k

Price spread, last 7 days−0.042%−$4 · spread now −0.028%, 7d avg +0.014%

Together, before fees−0.459%+ Points / potential airdropExtended: Active · Lighter: Season 3 · farm board−$46 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Lighter is 0.042% cheaper against Extended than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.014%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.417% in total (about -21.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.67 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	Extended XMR-USD	597.94	0.1864	pay 0.0233% / 1h	9m 43s	$3.1M	$6.8M	25x
Short	Lighter XMR	597.77	0.0528	get 0.0066% / 1h	9m 43s	$3.4M	$6.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Extended. 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 ExtendedbpFee LighterbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$280.56
Price spread: −0.028% → +0.014%: −$4.18
Slippage, 4 orders: −$24.38
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Lighter: 0 bp × 2 orders: $0
Net: −$314.12
Costs to cover: 0.294%
Break-even: never at this rate

Slippage from Extended: live order book, 4 min ago; Lighter: 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 Extended live order book, 4 min ago	2.34 bp	6.2 bp −$6	12.1 bp −$121	doesn't fit	doesn't fit
Sell Lighter live order book, 9 min ago	3.55 bp	7.8 bp −$8	13.4 bp −$134	136.5 bp −$13.7K	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	597.23	−0.119%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.32	−0.104%	$48.5M	$62.1M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	597.65	−0.048%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	597.32	−0.104%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	598.27	+0.054%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0330%	8h	598.31	+0.063%	$6.9M	$2.6M	—	as long as short
Binance XMRUSDT	+0.0334%	8h	598.09	+0.025%	$54.8M	$163.2M	75x	as long as short
MEXC XMR_USDT	+0.0336%	8h	597.50	−0.074%	$22.3M	$15.0M	100x	as long as short
Kraken Futures PF_XMRUSD	+0.0381%	1h	596.97	−0.161%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0387%	1h	598.05	+0.018%	$281K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0397%	8h	598.06	+0.020%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0417%	8h	597.38	−0.094%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0476%	8h	598.13	+0.032%	$2.8M	$11.6M	75x	as long as short
Lighter XMRshort	+0.0528%	1h	597.77	−0.028%	$3.4M	$6.9M	10x
Gate XMR_USDT	+0.0551%	8h	597.56	−0.064%	$1.7M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0553%	8h	597.15	−0.132%	$48.6M	$25.8M	50x	as long as short
Aster XMRUSDT	+0.0570%	8h	598.11	+0.028%	$685K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0617%	8h	598.18	+0.041%	$349K	$797K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	−0.197%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0810% / S −0.1288%	1h	596.98	−0.160%	$331K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.0847%	1h	598.17	+0.038%	$23K	$1.8M	5x	as long as short
Paradex XMR-USD-PERP	+0.0860%	8h	597.68	−0.044%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.0860%	1h	598.00	+0.010%	$454K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0953%	8h	597.85	−0.015%	$44K	$729K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1035%	1h	597.57	−0.062%	$204K	$575K	20x	as long as short
Nado XMR-PERP	+0.1239%	1h	598.14	+0.033%	$1.3M	$475K	10x	as long as short
Extended XMR-USDlong	+0.1864%	1h	597.94	long leg	$3.1M	$6.8M	25x
Hyperliquid XMR	+0.1959%	1h	598.83	+0.149%	$89.7M	$69.5M	5x	as long as short
HTX XMR-USDT	+0.1970%	8h	595.96	−0.331%	$1.1M	$1.5M	20x	as long as short
dYdX XMR-USD	+0.1991%	1h	597.54	−0.067%	$109K	$50K	5x	as long as short
Aftermath Perps XMRUSD	+0.2422%	1h	597.77	−0.028%	$2K	$46K	10x	as long as short