XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0384%/8h= +42.0% APRnext payment +$3.84 per $10,000 · paid last 24h +0.020%

Price spread now: BloFin against Gate+0.054%93s7-day average +0.117% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$650.652% of the position

Long on Gate Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.079%+$8 on $10k

Price spread, last 4 days (all we have)+0.187%+$19 · spread now +0.054%, 7d avg +0.117%

Together, before fees+0.265%+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.064% cheaper against Gate than usual: you would sell low and buy high (spread +0.054% now, against its 7-day average of +0.117%). If the spread goes back, that is −$6 on $10k: about 13 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.079% in total) that is about 5.7 days. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.84 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	Gate XMR_USDT	577.58	0.0431	pay 0.0431% / 8h	4h 01m	$1.6M	$4.6M	50x
Short	BloFin XMR-USDT	577.89	0.0815	get 0.0815% / 8h	4h 01m	$2.7M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Gate. 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 GatebpFee BloFinbpOrdersPrice spread, now +0.054%Rate

Funding earned: $80.6
Price spread: +0.054% → +0.117%: −$6.38
Slippage, 4 orders: −$38.2
Fee Gate: 7.5 bp × 2 orders: −$15
Fee BloFin: 6 bp × 2 orders: −$12
Net: $9.02
Costs to cover: 0.652%
Break-even: 6.2 days

Slippage from Gate: live order book, 2 min ago; BloFin: 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, 2 min ago	5.72 bp	20.5 bp −$21	39.4 bp −$394	doesn't fit	doesn't fit
Sell BloFin live order book, 2 min ago	0.17 bp	16.5 bp −$16	32.8 bp −$328	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
Injective XMR/USDC PERP	−0.0136%	1h	582.55	+0.860%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0008%	1h	575.36	−0.384%	$50K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	577.59	+0.002%	$3.2M	$7.6M	10x	as long as short
edgeX XMRUSDC	+0.0100%	4h	577.52	−0.010%	$1.0M	$653K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	577.34	−0.042%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	577.00	−0.100%	$1.1M	$1.6M	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0149%	1h	576.47	−0.192%	$5.4M	$19.5M	50x	as long as short
Aevo XMR-PERP	+0.0208%	1h	578.00	+0.073%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0298%	1h	576.71	−0.151%	$104K	$44K	5x	as long as short
KuCoin XMRUSDTM	+0.0397%	8h	576.38	−0.208%	$45.1M	$26.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDTlong	+0.0431%	8h	577.58	long leg	$1.6M	$4.6M	50x
Polymarket Perps XMR-USD	+0.0448%	1h	576.46	−0.194%	$25K	$2.2M	5x	as long as short
Bybit XMRUSDT	+0.0455%	8h	576.81	−0.133%	$46.9M	$64.4M	75x	as long as short
BingX XMR-USDT	+0.0488%	8h	576.15	−0.248%	—	$5.7M	—	as long as short
MEXC XMR_USDT	+0.0508%	8h	576.82	−0.132%	$20.3M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0514%	8h	576.96	−0.107%	$52.8M	$164.3M	75x	as long as short
Bitget XMRUSDT	+0.0518%	8h	576.63	−0.164%	$9.4M	$13.9M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0603%	1h	577.53	−0.009%	$170K	$534K	20x	as long as short
Pacifica XMR	+0.0626%	1h	577.62	+0.007%	$267K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0691%	8h	577.12	−0.080%	$640K	$2.3M	75x	as long as short
Extended XMR-USD	+0.0736%	1h	577.24	−0.060%	$3.1M	$8.4M	25x	as long as short
BloFin XMR-USDTshort	+0.0815%	8h	577.89	+0.054%	$2.7M	$11.2M	75x
Nado XMR-PERP	+0.0857%	1h	577.17	−0.070%	$1.3M	$460K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0904%	8h	577.83	+0.043%	$346K	$733K	10x	as long as short
Paradex XMR-USD-PERP	+0.0925%	8h	578.01	+0.074%	$8K	$4K	20x	as long as short
Hyperliquid XMR	+0.0965%	1h	576.60	−0.170%	$86.8M	$71.1M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0990% / S −0.1254%	1h	574.79	−0.482%	$592K	—	100x	as long as short
Variational Omni XMR	+0.1038%	8h	576.57	−0.174%	$6.6M	$2.2M	—	as long as short
Orderly PERP_XMR_USDC	+0.1126%	8h	577.60	+0.003%	$41K	$735K	10x	as long as short
SoDEX XMR-USD	+0.1298%	1h	577.96	+0.066%	$439K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1933%	1h	576.38	−0.208%	$1K	$44K	10x	as long as short