Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
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Alert: funding
Alert: spread
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 − costsprices read too far apart to compare
costs, in and out, $10k−$5055.049% of the position
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XMR_USDT577.500.0379pay 0.0379% / 8h4h 30m$1.5M$4.5M50x
ShortGRVT XMR_USDT_Perp575.800.0843get 0.0843% / 8h4h 30m$345K$742K10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago6.77 bp24.3 bp −$2446.5 bp −$465doesn't fitdoesn't fit
Sell GRVT live order book, 28 min ago1.72 bp9.3 bp −$9doesn't fitdoesn't fitdoesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XMR/USDC PERP−0.0136%1h582.55+0.874%$3K$3K12xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h577.40−0.017%$49K150xas long as short
Lighter XMR+0.0096%1h577.59+0.016%$3.3M$7.4M10xas long as short
edgeX XMRUSDC+0.0100%4h575.39−0.366%$1.0M$655K10xas long as short
SunX XMR-USDT+0.0100%8h577.58+0.014%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h577.00−0.087%$1.1M$1.6M20xas long as short
Kraken Futures PF_XMRUSD+0.0149%1h576.93−0.099%$5.4M$19.5M50xas long as short
Aevo XMR-PERP+0.0200%1h578.35+0.147%$12K3xas long as short
Polymarket Perps XMR-USD+0.0219%1h577.75+0.043%$24K$2.2M5xas long as short
Gate XMR_USDTlong+0.0379%8h577.50long leg$1.5M$4.5M50x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XMRUSDT+0.0401%8h578.00+0.087%$47.0M$64.3M75xas long as short
Backpack XMR_USDC_PERP+0.0464%1h577.04−0.080%$169K$534K20xas long as short
dYdX XMR-USD+0.0478%1h577.22−0.048%$105K$44K5xas long as short
MEXC XMR_USDT+0.0484%8h578.38+0.152%$20.3M$15.0M100xas long as short
Binance XMRUSDT+0.0484%8h578.28+0.135%$52.8M$164.7M75xas long as short
BingX XMR-USDT+0.0514%8h578.11+0.106%$5.7Mas long as short
KuCoin XMRUSDTM+0.0534%8h577.51+0.002%$45.2M$26.6M50xas long as short
Bitget XMRUSDT+0.0537%8h578.57+0.185%$9.4M$14.0M50xas long as short
Pacifica XMR+0.0626%1h578.20+0.121%$267K$1.1M10xas long as short
Extended XMR-USD+0.0640%1h578.01+0.088%$3.1M$8.4M25xas long as short
Aster XMRUSDT+0.0685%8h578.20+0.121%$642K$2.4M75xas long as short
Nado XMR-PERP+0.0709%1h578.50+0.173%$1.3M$466K10xas long as short
Hyperliquid XMR+0.0737%1h578.04+0.094%$86.8M$71.1M5xas long as short
Paradex XMR-USD-PERP+0.0764%8h578.51+0.176%$8K$4K20xas long as short
BloFin XMR-USDT+0.0781%8h577.51+0.002%$2.7M$11.3M75xas long as short
GRVT XMR_USDT_Perpshort+0.0843%8h575.80−0.295%$345K$742K10x
SoDEX XMR-USD+0.0956%1h578.14+0.111%$439K$3K5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0991% / S −0.1253%1h577.18−0.056%$594K100xas long as short
Variational Omni XMR+0.1025%8h577.31−0.033%$6.6M$2.2Mas long as short
Orderly PERP_XMR_USDC+0.1123%8h578.06+0.097%$41K$734K10xas long as short
Aftermath Perps XMRUSD+0.2118%1h576.29−0.210%$1K$44K10xas long as short