Funding you earn now, next payment 08:00 UTC+0.0464%/8h= +50.8% APRnext payment +$4.64 per $10,000 · paid last 24h −0.007%
Price spread now: GRVT against Gate−0.295%66s7-day average +0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$509as 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−$5055.049% of the position
Funding, last 7 days−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)+0.969%+$97 · spread now −0.295%, 7d avg +0.107%
=Together, before fees+0.924%+ Points / potential airdropGRVT: Active · farm board+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.402% cheaper against Gate than usual: you would sell low and buy high (spread −0.295% now, against its 7-day average of +0.107%). If the spread goes back, that is −$40 on $10k: about 2.9 days of funding at the current rate (+$14 a day). The two prices were read 66 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 -0.045% in total (about -2.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.64 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 | 577.50 | 0.0379 | pay 0.0379% / 8h | 4h 30m | $1.5M | $4.5M | 50x |
| Short | GRVT XMR_USDT_Perp | 575.80 | 0.0843 | get 0.0843% / 8h | 4h 30m | $345K | $742K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $97.44
- Price spread: −0.295% → +0.107%
- −$40.22
- Slippage, 4 orders
- −$480.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$447.72
- Costs to cover
- 5.049%
- Break-even
- 39.2 days
Slippage from Gate: live order book, 3 min ago; GRVT: live order book, 28 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 | 6.77 bp | 24.3 bp −$24 | 46.5 bp −$465 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 28 min ago | 1.72 bp | 9.3 bp −$9 | doesn't fit | 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 | +0.874% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0009% | 1h | 577.40 | −0.017% | $49K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 577.59 | +0.016% | $3.3M | $7.4M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 575.39 | −0.366% | $1.0M | $655K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 577.58 | +0.014% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 577.00 | −0.087% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0149% | 1h | 576.93 | −0.099% | $5.4M | $19.5M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 578.35 | +0.147% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0219% | 1h | 577.75 | +0.043% | $24K | $2.2M | 5x | as long as short |
| Gate XMR_USDTlong | +0.0379% | 8h | 577.50 | long leg | $1.5M | $4.5M | 50x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0401% | 8h | 578.00 | +0.087% | $47.0M | $64.3M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0464% | 1h | 577.04 | −0.080% | $169K | $534K | 20x | as long as short |
| dYdX XMR-USD | +0.0478% | 1h | 577.22 | −0.048% | $105K | $44K | 5x | as long as short |
| MEXC XMR_USDT | +0.0484% | 8h | 578.38 | +0.152% | $20.3M | $15.0M | 100x | as long as short |
| Binance XMRUSDT | +0.0484% | 8h | 578.28 | +0.135% | $52.8M | $164.7M | 75x | as long as short |
| BingX XMR-USDT | +0.0514% | 8h | 578.11 | +0.106% | — | $5.7M | — | as long as short |
| KuCoin XMRUSDTM | +0.0534% | 8h | 577.51 | +0.002% | $45.2M | $26.6M | 50x | as long as short |
| Bitget XMRUSDT | +0.0537% | 8h | 578.57 | +0.185% | $9.4M | $14.0M | 50x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 578.20 | +0.121% | $267K | $1.1M | 10x | as long as short |
| Extended XMR-USD | +0.0640% | 1h | 578.01 | +0.088% | $3.1M | $8.4M | 25x | as long as short |
| Aster XMRUSDT | +0.0685% | 8h | 578.20 | +0.121% | $642K | $2.4M | 75x | as long as short |
| Nado XMR-PERP | +0.0709% | 1h | 578.50 | +0.173% | $1.3M | $466K | 10x | as long as short |
| Hyperliquid XMR | +0.0737% | 1h | 578.04 | +0.094% | $86.8M | $71.1M | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0764% | 8h | 578.51 | +0.176% | $8K | $4K | 20x | as long as short |
| BloFin XMR-USDT | +0.0781% | 8h | 577.51 | +0.002% | $2.7M | $11.3M | 75x | as long as short |
| GRVT XMR_USDT_Perpshort | +0.0843% | 8h | 575.80 | −0.295% | $345K | $742K | 10x | |
| SoDEX XMR-USD | +0.0956% | 1h | 578.14 | +0.111% | $439K | $3K | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0991% / S −0.1253% | 1h | 577.18 | −0.056% | $594K | — | 100x | as long as short |
| Variational Omni XMR | +0.1025% | 8h | 577.31 | −0.033% | $6.6M | $2.2M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1123% | 8h | 578.06 | +0.097% | $41K | $734K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2118% | 1h | 576.29 | −0.210% | $1K | $44K | 10x | as long as short |
Gate XMR_USDT
GRVT XMR_USDT_Perp
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Polymarket Perps XMR-USD
Bybit XMRUSDT
Backpack XMR_USDC_PERP
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
KuCoin XMRUSDTM
Bitget XMRUSDT
Pacifica XMR
Extended XMR-USD
Aster XMRUSDT
Hyperliquid XMR
Paradex XMR-USD-PERP
BloFin XMR-USDT
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Aftermath Perps XMRUSD