XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0275%/8h= −30.1% APRnext payment −$2.75 per $10,000 · paid last 24h +0.150%

Price spread now: MEXC against GRVT+0.372%7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$2as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on GRVT Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.020%−$2 on $10k

Price spread, last 3 days (all we have)−0.737%−$74 · spread now +0.372%, 7d avg +0.006%

Together, before fees−0.757%+ Points / potential airdropGRVT: Active · farm board−$76 on $10k · with fees, hour by hour

The price spread pays, funding is against you. MEXC is 0.366% dearer against GRVT than usual: you sell high and buy low (spread +0.372% now, against its 7-day average of +0.006%): +$37 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.020% in total) that is about 4 months.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.75 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	590.44	0.0622	pay 0.0622% / 8h	0m 56s	$346K	$795K	10x
Short	MEXC XMR_USDT	592.64	0.0347	get 0.0347% / 8h	0m 56s	$21.7M	$15.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.372%Rate

Funding earned: −$57.75
Price spread: +0.372% → +0.006%: $36.62
Slippage, 4 orders: −$25.71
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$59.83
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from GRVT: live order book, 12 min ago; MEXC: live order book, 3 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, 12 min ago	0.09 bp	11.2 bp −$11	60661.6 bp −$606.6K	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.09 bp	8.5 bp −$8	30.4 bp −$304	67.3 bp −$6,733	221.2 bp −$110.6K

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	590.94	+0.085%	$45K	—	150x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.14	+0.118%	$1.0M	$666K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	590.68	+0.040%	$2K	$2.0M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	591.91	+0.249%	$12K	—	3x	as long as short
Bybit XMRUSDT	+0.0179%	8h	592.80	+0.399%	$48.0M	$64.4M	75x	as long as short
MEXC XMR_USDTshort	+0.0347%	8h	592.64	+0.372%	$21.7M	$15.2M	100x
Binance XMRUSDT	+0.0348%	8h	592.59	+0.364%	$54.3M	$166.3M	75x	as long as short
Lighter XMR	+0.0440%	1h	592.40	+0.331%	$3.3M	$7.2M	10x	as long as short
BingX XMR-USDT	+0.0448%	8h	592.68	+0.379%	—	$5.8M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0465%	1h	591.11	+0.113%	$5.6M	$20.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0478%	8h	592.17	+0.293%	$9.7M	$14.6M	50x	as long as short
Gate XMR_USDT	+0.0484%	8h	591.39	+0.160%	$1.7M	$4.6M	50x	as long as short
BloFin XMR-USDT	+0.0502%	8h	592.63	+0.370%	$2.8M	$11.7M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0548%	1h	592.08	+0.277%	$201K	$579K	20x	as long as short
Pacifica XMR	+0.0565%	1h	591.12	+0.115%	$275K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0576%	8h	591.75	+0.221%	$48.4M	$26.2M	50x	as long as short
Aster XMRUSDT	+0.0593%	8h	591.50	+0.179%	$635K	$2.5M	75x	as long as short
GRVT XMR_USDT_Perplong	+0.0622%	8h	590.44	long leg	$346K	$795K	10x
Variational Omni XMR	+0.0639%	8h	592.14	+0.287%	$6.7M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0870% / S −0.2452%	1h	590.94	+0.085%	$549K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0972%	8h	592.22	+0.301%	$42K	$734K	10x	as long as short
Polymarket Perps XMR-USD	+0.0982%	1h	592.07	+0.276%	$50K	$1.9M	5x	as long as short
Paradex XMR-USD-PERP	+0.0984%	8h	590.51	+0.012%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.1187%	1h	592.48	+0.345%	$450K	$3K	5x	as long as short
Nado XMR-PERP	+0.1228%	1h	591.66	+0.207%	$1.3M	$470K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	+1.070%	$3K	$6K	12x	as long as short
dYdX XMR-USD	+0.1517%	1h	588.77	−0.283%	$107K	$50K	5x	as long as short
HTX XMR-USDT	+0.1678%	8h	591.00	+0.094%	$1.1M	$1.5M	20x	as long as short
Hyperliquid XMR	+0.1803%	1h	592.90	+0.416%	$89.5M	$72.3M	5x	as long as short
Extended XMR-USD	+0.2152%	1h	592.45	+0.339%	$3.2M	$7.1M	25x	as long as short
Aftermath Perps XMRUSD	+0.2444%	1h	590.81	+0.062%	$2K	$46K	10x	as long as short