Funding you earn now, next payment 00:00 UTC−0.0027%/8h= −3.0% APRnext payment −$0.27 per $10,000 · paid last 24h −0.086%
Price spread now: Bitget against Gate+0.008%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$690.689% of the position
Funding, last 7 days−0.346%−$35 on $10k
+Price spread, last 7 days−0.015%−$1 · spread now +0.008%, 7d avg +0.063%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.055% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XMR_USDT | 596.67 | 0.0408 | pay 0.0408% / 8h | 2h 16m | $1.6M | $4.5M | 50x |
| Short | Bitget XMRUSDT | 596.72 | 0.0381 | get 0.0381% / 8h | 2h 16m | $9.9M | $14.2M | 50x |
Gate XMR_USDT
Bitget XMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$5.67
- Price spread: +0.008% → +0.063%
- −$5.45
- Slippage, 4 orders
- −$41.95
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$80.07
- Costs to cover
- 0.689%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Bitget: 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 Gate live order book, 1 min ago | 5.86 bp | 21.2 bp −$21 | 43.8 bp −$438 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 4.76 bp | 18.4 bp −$18 | 30.2 bp −$302 | 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 | 597.38 | +0.119% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.801% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 596.21 | −0.077% | $47.9M | $61.0M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 597.29 | +0.104% | $1.1M | $673K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 597.37 | +0.117% | $3K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 597.62 | +0.160% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0272% | 8h | 595.94 | −0.123% | $6.9M | $2.8M | — | as long as short |
| Lighter XMR | +0.0288% | 1h | 596.54 | −0.021% | $3.5M | $6.7M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0291% | 1h | 598.16 | +0.250% | $24K | $1.8M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.0351% | 1h | 596.62 | −0.008% | $203K | $576K | 20x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Variational Omni XMR
Lighter XMR
Polymarket Perps XMR-USD
Backpack XMR_USDC_PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0352% | 8h | 596.72 | +0.008% | $22.8M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0352% | 8h | 596.78 | +0.018% | $54.7M | $162.3M | 75x | as long as short |
| BingX XMR-USDT | +0.0365% | 8h | 596.65 | −0.003% | — | $5.8M | — | as long as short |
| Bitget XMRUSDTshort | +0.0381% | 8h | 596.72 | +0.008% | $9.9M | $14.2M | 50x | |
| Gate XMR_USDTlong | +0.0408% | 8h | 596.67 | long leg | $1.6M | $4.5M | 50x | |
| SoDEX XMR-USD | +0.0415% | 1h | 596.94 | +0.045% | $454K | $3K | 5x | as long as short |
| BloFin XMR-USDT | +0.0498% | 8h | 597.11 | +0.074% | $2.8M | $11.4M | 75x | as long as short |
| Aster XMRUSDT | +0.0542% | 8h | 597.47 | +0.134% | $675K | $2.3M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0590% | 8h | 596.44 | −0.039% | $49.3M | $25.5M | 50x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0610% | 1h | 596.17 | −0.084% | $5.7M | $20.4M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0611% | 8h | 597.24 | +0.095% | $350K | $782K | 10x | as long as short |
| Pacifica XMR | +0.0619% | 1h | 596.87 | +0.034% | $272K | $1.0M | 10x | as long as short |
| dYdX XMR-USD | +0.0705% | 1h | 594.89 | −0.298% | $108K | $50K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0771% | 8h | 596.59 | −0.014% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0865% / S −0.1487% | 1h | 597.24 | +0.096% | $370K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.0902% | 8h | 597.30 | +0.106% | $48K | $718K | 10x | as long as short |
| Nado XMR-PERP | +0.0958% | 1h | 598.14 | +0.246% | $1.3M | $478K | 10x | as long as short |
| Extended XMR-USD | +0.1264% | 1h | 596.66 | −0.001% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1589% | 1h | 597.78 | +0.186% | $87.5M | $66.3M | 5x | as long as short |
| HTX XMR-USDT | +0.2266% | 8h | 594.00 | −0.447% | $1.1M | $1.4M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2306% | 1h | 596.80 | +0.021% | $2K | $47K | 10x | as long as short |
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
SoDEX XMR-USD
BloFin XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
Kraken Futures PF_XMRUSD
GRVT XMR_USDT_Perp
Pacifica XMR
dYdX XMR-USD
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Nado XMR-PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD