Funding you earn now, next payment 03:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.030%
Price spread now: BloFin against Lighter−0.064%90s7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as 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−$290.293% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.064%, 7d avg +0.051%
=Together, before fees+0.459%+ Points / potential airdropLighter: Season 3 · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.115% cheaper against Lighter than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.051%). If the spread goes back, that is −$11 on $10k: about 36 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.152% in total) that is about 5.3 days. The two prices were read 90 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 0.152% in total (about 7.9% a year). A funding rate is set anew for every payment. 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 | Lighter XMR | 582.50 | 0.0536 | pay 0.0067% / 1h | 35m 45s | $3.3M | $7.1M | 10x |
| Short | BloFin XMR-USDT | 582.13 | 0.0790 | get 0.0790% / 8h | 5h 35m | $2.7M | $11.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $53.36
- Price spread: −0.064% → +0.051%
- −$11.5
- Slippage, 4 orders
- −$17.32
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $12.53
- Costs to cover
- 0.293%
- Break-even
- 5.4 days
Slippage from Lighter: live order book, 12 min ago; BloFin: live order book, 8 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 Lighter live order book, 12 min ago | 2.15 bp | 2.2 bp −$2 | 12.7 bp −$127 | 131.1 bp −$13.1K | doesn't fit |
| Sell BloFin live order book, 8 min ago | 0.34 bp | 10.1 bp −$10 | 31.3 bp −$313 | 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 −0.0010% | 1h | 581.37 | −0.195% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.008% | $3K | $6K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 582.20 | −0.053% | $1.0M | $657K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 581.61 | −0.154% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 581.99 | −0.088% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 582.57 | +0.011% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0371% | 1h | 581.77 | −0.127% | $105K | $50K | 5x | as long as short |
| Polymarket Perps XMR-USD | +0.0467% | 1h | 582.08 | −0.073% | $31K | $2.1M | 5x | as long as short |
| MEXC XMR_USDT | +0.0516% | 8h | 582.77 | +0.045% | $20.6M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0519% | 8h | 583.03 | +0.090% | $53.1M | $166.9M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XMRlong | +0.0536% | 1h | 582.50 | long leg | $3.3M | $7.1M | 10x | |
| Backpack XMR_USDC_PERP | +0.0573% | 1h | 582.41 | −0.016% | $171K | $539K | 20x | as long as short |
| Gate XMR_USDT | +0.0608% | 8h | 582.20 | −0.052% | $1.6M | $4.5M | 50x | as long as short |
| Bitget XMRUSDT | +0.0611% | 8h | 583.04 | +0.092% | $9.6M | $14.2M | 50x | as long as short |
| BingX XMR-USDT | +0.0620% | 8h | 582.90 | +0.068% | — | $5.7M | — | as long as short |
| Bybit XMRUSDT | +0.0637% | 8h | 582.95 | +0.076% | $47.3M | $64.8M | 75x | as long as short |
| Aster XMRUSDT | +0.0710% | 8h | 581.89 | −0.106% | $648K | $2.4M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0771% | 8h | 582.18 | −0.056% | $47.9M | $26.1M | 50x | as long as short |
| BloFin XMR-USDTshort | +0.0790% | 8h | 582.13 | −0.064% | $2.7M | $11.4M | 75x | |
| Kraken Futures PF_XMRUSD | +0.0960% | 1h | 580.91 | −0.274% | $5.5M | $20.0M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0976% | 8h | 582.68 | +0.029% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.0976% | 1h | 583.01 | +0.086% | $1.3M | $464K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0986% | 8h | 581.62 | −0.153% | $344K | $766K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0995% / S −0.1304% | 1h | 581.58 | −0.158% | $648K | — | 100x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 582.80 | +0.052% | $264K | $1.1M | 10x | as long as short |
| Variational Omni XMR | +0.1083% | 8h | 582.84 | +0.058% | $6.6M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1097% | 8h | 582.71 | +0.035% | $42K | $736K | 10x | as long as short |
| Hyperliquid XMR | +0.1133% | 1h | 582.65 | +0.025% | $87.6M | $71.5M | 5x | as long as short |
| SoDEX XMR-USD | +0.1300% | 1h | 583.01 | +0.087% | $443K | $3K | 5x | as long as short |
| Extended XMR-USD | +0.1304% | 1h | 582.89 | +0.067% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2577% | 1h | 582.47 | −0.006% | $2K | $46K | 10x | as long as short |
Lighter XMR
BloFin XMR-USDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Polymarket Perps XMR-USD
MEXC XMR_USDT
Binance XMRUSDT
Backpack XMR_USDC_PERP
Gate XMR_USDT
Bitget XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
Aster XMRUSDT
KuCoin XMRUSDTM
Kraken Futures PF_XMRUSD
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Pacifica XMR
Variational Omni XMR
Hyperliquid XMR
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD