Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.5% APRnext payment +$0.42 per $10,000 · paid last 24h −0.146%
Price spread now: Bybit against Gate+0.139%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$690.687% of the position
Funding, last 7 days−0.508%−$51 on $10k
+Price spread, last 7 days−0.076%−$8 · spread now +0.139%, 7d avg +0.052%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Bybit is 0.087% dearer against Gate than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.052%. Mind the row above: over the last 7 days funding on this pair cost −0.508%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XMR_USDT | 581.99 | 0.0641 | pay 0.0641% / 8h | 5h 45m | $1.6M | $4.5M | 50x |
| Short | Bybit XMRUSDT | 582.80 | 0.0683 | get 0.0683% / 8h | 5h 45m | $47.3M | $64.8M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $8.73
- Price spread: +0.139% → +0.052%
- $8.67
- Slippage, 4 orders
- −$42.72
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$51.32
- Costs to cover
- 0.687%
- Break-even
- 48.2 days
Slippage from Gate: live order book, 3 min ago; Bybit: live order book, 4 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, 3 min ago | 6.61 bp | 23.2 bp −$23 | 48.6 bp −$486 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.09 bp | 14.3 bp −$14 | 27.6 bp −$276 | 74.0 bp −$7,396 | 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 −0.0010% | 1h | 581.39 | −0.103% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +2.538% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 582.86 | +0.149% | $1.0M | $663K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 581.11 | −0.151% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 581.00 | −0.170% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 582.68 | +0.119% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0388% | 1h | 582.33 | +0.058% | $31K | $2.1M | 5x | as long as short |
| dYdX XMR-USD | +0.0461% | 1h | 580.69 | −0.224% | $105K | $50K | 5x | as long as short |
| Lighter XMR | +0.0488% | 1h | 582.48 | +0.084% | $3.3M | $7.1M | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0492% | 1h | 582.38 | +0.067% | $171K | $539K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0513% | 8h | 582.94 | +0.163% | $53.1M | $166.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0515% | 8h | 582.83 | +0.144% | $20.7M | $15.2M | 100x | as long as short |
| Bitget XMRUSDT | +0.0612% | 8h | 582.84 | +0.146% | $9.5M | $14.1M | 50x | as long as short |
| Gate XMR_USDTlong | +0.0641% | 8h | 581.99 | long leg | $1.6M | $4.5M | 50x | |
| BingX XMR-USDT | +0.0671% | 8h | 583.10 | +0.191% | — | $5.7M | — | as long as short |
| Bybit XMRUSDTshort | +0.0683% | 8h | 582.80 | +0.139% | $47.3M | $64.8M | 75x | |
| Aster XMRUSDT | +0.0699% | 8h | 581.87 | −0.020% | $648K | $2.4M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0774% | 8h | 581.90 | −0.015% | $47.8M | $26.1M | 50x | as long as short |
| BloFin XMR-USDT | +0.0793% | 8h | 582.78 | +0.136% | — | $11.4M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0959% | 1h | 581.50 | −0.085% | $5.5M | $19.7M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0982% | 8h | 581.71 | −0.048% | $344K | $786K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0992% / S −0.1296% | 1h | 581.15 | −0.144% | $648K | — | 100x | as long as short |
| Nado XMR-PERP | +0.0994% | 1h | 582.89 | +0.154% | $1.3M | $463K | 10x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 581.86 | −0.023% | $262K | $1.1M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1035% | 8h | 581.85 | −0.024% | $8K | $4K | 20x | as long as short |
| Variational Omni XMR | +0.1069% | 8h | 581.83 | −0.027% | $6.6M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1084% | 8h | 582.38 | +0.067% | $42K | $736K | 10x | as long as short |
| Hyperliquid XMR | +0.1100% | 1h | 582.67 | +0.117% | $87.6M | $71.9M | 5x | as long as short |
| SoDEX XMR-USD | +0.1254% | 1h | 582.77 | +0.134% | $443K | $3K | 5x | as long as short |
| Extended XMR-USD | +0.1440% | 1h | 582.67 | +0.117% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2616% | 1h | 582.53 | +0.093% | $1K | $46K | 10x | as long as short |
Gate XMR_USDT
Bybit XMRUSDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Polymarket Perps XMR-USD
Lighter XMR
Backpack XMR_USDC_PERP
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDT
BingX XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Pacifica XMR
Paradex XMR-USD-PERP
Variational Omni XMR
Hyperliquid XMR
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD