XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0256%/8h= −28.0% APRnext payment −$2.56 per $10,000 · paid last 24h +0.150%

Price spread now: Binance against GRVT+0.358%99s7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as 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−$430.432% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 3 days (all we have)−0.830%−$83 · spread now +0.358%, 7d avg +0.006%

Together, before fees−0.847%+ Points / potential airdropGRVT: Active · farm board−$85 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.352% dearer against GRVT than usual: you sell high and buy low (spread +0.358% now, against its 7-day average of +0.006%): +$35 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.6 days. At the pace of the last 7 days (−0.017% in total) that is about 5 months. The two prices were read 99 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 -0.017% in total (about -0.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.56 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	GRVT XMR_USDT_Perp	593.34	0.0624	pay 0.0624% / 8h	2h 35m	$346K	$796K	10x
Short	Binance XMRUSDT	595.47	0.0368	get 0.0368% / 8h	2h 35m	$54.5M	$161.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now +0.358%Rate

Funding earned: −$53.74
Price spread: +0.358% → +0.006%: $35.2
Slippage, 4 orders: −$24.2
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$61.75
Costs to cover: 0.432%
Break-even: never at this rate

Slippage from GRVT: live order book, 52 min ago; Binance: live order book, 7 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 GRVT live order book, 52 min ago	1.19 bp	9.2 bp −$9	6042.9 bp −$60.4K	doesn't fit	doesn't fit
Sell Binance live order book, 7 min ago	0.08 bp	11.8 bp −$12	29.0 bp −$290	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	594.48	+0.191%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.245%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	595.14	+0.303%	$47.6M	$60.8M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	593.32	−0.004%	$1.1M	$672K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	594.56	+0.205%	$2K	$1.9M	20x	as long as short
Backpack XMR_USDC_PERP	+0.0139%	1h	594.63	+0.217%	$203K	$571K	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	595.39	+0.345%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0209%	1h	595.36	+0.340%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0240%	1h	595.07	+0.290%	$3.5M	$6.7M	10x	as long as short
dYdX XMR-USD	+0.0297%	1h	594.39	+0.176%	$108K	$50K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XMR-USD	+0.0297%	1h	595.21	+0.314%	$452K	$4K	5x	as long as short
Variational Omni XMR	+0.0300%	8h	593.60	+0.043%	$6.9M	$2.8M	—	as long as short
MEXC XMR_USDT	+0.0367%	8h	595.50	+0.363%	$22.7M	$15.2M	100x	as long as short
Binance XMRUSDTshort	+0.0368%	8h	595.47	+0.358%	$54.5M	$161.8M	75x
BingX XMR-USDT	+0.0372%	8h	595.49	+0.362%	—	$5.8M	—	as long as short
Gate XMR_USDT	+0.0381%	8h	595.09	+0.294%	$1.6M	$4.5M	50x	as long as short
Bitget XMRUSDT	+0.0390%	8h	595.54	+0.370%	$9.9M	$14.0M	50x	as long as short
BloFin XMR-USDT	+0.0517%	8h	595.58	+0.377%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0555%	8h	595.30	+0.330%	$673K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0612%	1h	594.35	+0.170%	$5.6M	$20.3M	50x	as long as short
Pacifica XMR	+0.0619%	1h	595.28	+0.326%	$269K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perplong	+0.0624%	8h	593.34	long leg	$346K	$796K	10x
KuCoin XMRUSDTM	+0.0627%	8h	594.99	+0.277%	$49.5M	$25.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0742%	8h	595.16	+0.305%	$8K	$4K	20x	as long as short
Nado XMR-PERP	+0.0838%	1h	594.69	+0.226%	$1.3M	$477K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0842% / S −0.1411%	1h	594.29	+0.160%	$353K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0873%	8h	595.17	+0.308%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1120%	1h	595.31	+0.331%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1593%	1h	596.28	+0.495%	$86.8M	$65.5M	5x	as long as short
Aftermath Perps XMRUSD	+0.2333%	1h	593.96	+0.104%	$2K	$47K	10x	as long as short
HTX XMR-USDT	+0.2398%	8h	592.45	−0.151%	$1.1M	$1.4M	20x	as long as short