Funding you earn now, next payment 08:00 UTC−0.0790%/8h= −86.5% APRnext payment −$7.90 per $10,000 · paid last 24h −0.174%
Price spread now: SunX against GRVT−0.249%74s7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as 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−$810.815% of the position
Funding, last 7 days−0.593%−$59 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.249%, 7d avg −0.082%
=Together, before fees−0.451%+ Points / potential airdropGRVT: Active · farm board−$45 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$24 a day on $10k at the current rate, and SunX is 0.167% cheaper against GRVT than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.082%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XMR_USDT_Perp | 575.87 | 0.0890 | pay 0.0890% / 8h | 42m 20s | $343K | $652K | 10x |
| Short | SunX XMR-USDT | 574.44 | 0.0100 | get 0.0100% / 8h | 42m 20s | $2K | $1.4M | 20x |
GRVT XMR_USDT_Perp
SunX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against GRVT. 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
- −$165.9
- Price spread: −0.249% → −0.082%
- −$16.72
- Slippage, 4 orders
- −$64.49
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$264.11
- Costs to cover
- 0.815%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 61 min ago; SunX: live order book, 2 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, 61 min ago | 1.56 bp | 13.2 bp −$13 | 23637.0 bp −$236.4K | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 13.48 bp | 24.7 bp −$25 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0004% | 1h | 573.86 | −0.350% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.159% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 577.49 | +0.280% | $1.0M | $543K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 574.57 | −0.226% | $28K | $1.7M | 5x | as long as short |
| SunX XMR-USDTshort | +0.0100% | 8h | 574.44 | −0.249% | $2K | $1.4M | 20x | |
| HTX XMR-USDT | +0.0100% | 8h | 575.00 | −0.152% | $1.1M | $1.3M | 20x | as long as short |
| Extended XMR-USD | +0.0104% | 1h | 574.81 | −0.185% | $3.0M | $8.0M | 25x | as long as short |
| Aevo XMR-PERP | +0.0216% | 1h | 575.05 | −0.142% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0280% | 1h | 574.77 | −0.191% | $3.1M | $5.9M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0288% | 8h | 574.38 | −0.259% | $45.4M | $20.3M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
HTX XMR-USDT
Extended XMR-USD
Aevo XMR-PERP
Lighter XMR
KuCoin XMRUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid XMR | +0.0296% | 1h | 574.69 | −0.206% | $87.1M | $62.7M | 5x | as long as short |
| Bybit XMRUSDT | +0.0497% | 8h | 574.81 | −0.185% | $46.6M | $54.2M | 75x | as long as short |
| BingX XMR-USDT | +0.0533% | 8h | 574.96 | −0.159% | — | $5.4M | — | as long as short |
| Bitget XMRUSDT | +0.0540% | 8h | 574.76 | −0.193% | $9.4M | $11.2M | 50x | as long as short |
| SoDEX XMR-USD | +0.0545% | 1h | 574.93 | −0.164% | $437K | $3K | 5x | as long as short |
| MEXC XMR_USDT | +0.0548% | 8h | 574.80 | −0.187% | $20.2M | $11.1M | 100x | as long as short |
| Binance XMRUSDT | +0.0549% | 8h | 574.60 | −0.221% | $52.2M | $119.3M | 75x | as long as short |
| Gate XMR_USDT | +0.0560% | 8h | 574.67 | −0.209% | $1.5M | $2.8M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0577% | 1h | 574.88 | −0.173% | $175K | $475K | 20x | as long as short |
| Paradex XMR-USD-PERP | +0.0588% | 8h | 574.83 | −0.181% | $8K | $3K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0616% | 1h | 573.90 | −0.342% | $5.4M | $12.1M | 50x | as long as short |
| Aster XMRUSDT | +0.0703% | 8h | 574.30 | −0.274% | $641K | $1.7M | 75x | as long as short |
| dYdX XMR-USD | +0.0719% | 1h | 573.96 | −0.332% | $104K | $29K | 5x | as long as short |
| Pacifica XMR | +0.0735% | 1h | 574.68 | −0.207% | $269K | $836K | 10x | as long as short |
| BloFin XMR-USDT | +0.0877% | 8h | 575.15 | −0.126% | $2.7M | $10.4M | 75x | as long as short |
| GRVT XMR_USDT_Perplong | +0.0890% | 8h | 575.87 | long leg | $343K | $652K | 10x | |
| Variational Omni XMR | +0.0942% | 8h | 576.14 | +0.047% | $6.2M | $2.3M | — | as long as short |
| Nado XMR-PERP | +0.1105% | 1h | 574.62 | −0.217% | $1.3M | $434K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.1169% | 8h | 574.58 | −0.225% | $40K | $505K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1169% / S −0.1547% | 1h | 573.87 | −0.349% | $598K | — | 100x | as long as short |
| Aftermath Perps XMRUSD | +0.1809% | 1h | 575.45 | −0.074% | $1K | $40K | 10x | as long as short |
Hyperliquid XMR
Bybit XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
SoDEX XMR-USD
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
Backpack XMR_USDC_PERP
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
Aster XMRUSDT
dYdX XMR-USD
Pacifica XMR
BloFin XMR-USDT
Variational Omni XMR
Nado XMR-PERP
Orderly PERP_XMR_USDC
GMX XMR/USD [WBTC.b-USDC]
Aftermath Perps XMRUSD