Funding you earn now, next payment 00:00 UTC−0.0188%/8h= −20.6% APRpaid last 24h −0.122%
Price spread now: Bybit against Lighter+0.028%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.324% of the position
Funding, last 7 days−0.411%−$41 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now +0.028%, 7d avg +0.018%
=Together, before fees−0.401%+ Points / potential airdropLighter: Season 3 · farm board−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XMR | 601.98 | 0.0288 | pay 0.0036% / 1h | 55m 38s | $3.4M | $6.9M | 10x |
| Short | Bybit XMRUSDT | 602.15 | 0.0100 | get 0.0100% / 8h | 55m 38s | $49.0M | $62.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$39.48
- Price spread: +0.028% → +0.018%
- $1.07
- Slippage, 4 orders
- −$21.43
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$70.84
- Costs to cover
- 0.324%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 8 min ago; Bybit: 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 Lighter live order book, 8 min ago | 2.52 bp | 5.0 bp −$5 | 17.9 bp −$179 | 127.8 bp −$12.8K | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.08 bp | 13.9 bp −$14 | 23.0 bp −$230 | 88.7 bp −$8,865 | 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 | 601.16 | −0.137% | $45K | — | 150x | as long as short |
| Bybit XMRUSDTshort | +0.0100% | 8h | 602.15 | +0.028% | $49.0M | $62.5M | 75x | |
| edgeX XMRUSDC | +0.0100% | 4h | 600.60 | −0.229% | $1.1M | $664K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 601.44 | −0.090% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0160% | 1h | 601.89 | −0.015% | $12K | — | 3x | as long as short |
| Lighter XMRlong | +0.0288% | 1h | 601.98 | long leg | $3.4M | $6.9M | 10x | |
| MEXC XMR_USDT | +0.0326% | 8h | 602.23 | +0.042% | $22.5M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0327% | 8h | 601.81 | −0.028% | $55.1M | $163.7M | 75x | as long as short |
| Variational Omni XMR | +0.0347% | 8h | 599.64 | −0.388% | $6.9M | $2.5M | — | as long as short |
| BingX XMR-USDT | +0.0401% | 8h | 602.13 | +0.025% | — | $5.7M | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0427% | 8h | 602.27 | +0.048% | $10.1M | $14.3M | 50x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0457% | 1h | 601.20 | −0.129% | $5.7M | $20.5M | 50x | as long as short |
| BloFin XMR-USDT | +0.0460% | 8h | 600.02 | −0.325% | $2.8M | $11.6M | 75x | as long as short |
| Gate XMR_USDT | +0.0546% | 8h | 601.52 | −0.076% | $1.7M | $4.6M | 50x | as long as short |
| Pacifica XMR | +0.0565% | 1h | 602.15 | +0.028% | $283K | $1.0M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0582% | 8h | 601.76 | −0.036% | $49.2M | $25.9M | 50x | as long as short |
| Aster XMRUSDT | +0.0585% | 8h | 602.00 | +0.003% | $694K | $2.4M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0610% | 8h | 600.14 | −0.305% | $350K | $797K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0662% | 1h | 602.29 | +0.052% | $23K | $1.8M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.0723% | 1h | 601.64 | −0.056% | $205K | $575K | 20x | as long as short |
| SoDEX XMR-USD | +0.0773% | 1h | 602.06 | +0.013% | $458K | $3K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0873% | 8h | 601.95 | −0.004% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0888% / S −0.2391% | 1h | 600.95 | −0.170% | $547K | — | 100x | as long as short |
| Nado XMR-PERP | +0.0953% | 1h | 601.84 | −0.024% | $1.3M | $475K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.0958% | 8h | 601.74 | −0.040% | $44K | $729K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.1312% | 1h | 596.76 | −0.867% | $3K | $6K | 12x | as long as short |
| Hyperliquid XMR | +0.1673% | 1h | 602.69 | +0.118% | $90.7M | $69.9M | 5x | as long as short |
| Extended XMR-USD | +0.1808% | 1h | 602.02 | +0.007% | $3.2M | $6.9M | 25x | as long as short |
| HTX XMR-USDT | +0.1957% | 8h | 599.37 | −0.433% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2328% | 1h | 599.96 | −0.335% | $2K | $47K | 10x | as long as short |
| dYdX XMR-USD | +0.2990% | 1h | 600.61 | −0.227% | $109K | $50K | 5x | as long as short |
Lighter XMR
Bybit XMRUSDT
gTrade (Gains Network) XMR/USD
edgeX XMRUSDC
SunX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Variational Omni XMR
BingX XMR-USDT
Bitget XMRUSDT
Kraken Futures PF_XMRUSD
BloFin XMR-USDT
Gate XMR_USDT
Pacifica XMR
KuCoin XMRUSDTM
Aster XMRUSDT
GRVT XMR_USDT_Perp
Polymarket Perps XMR-USD
Backpack XMR_USDC_PERP
SoDEX XMR-USD
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Injective XMR/USDC PERP
Hyperliquid XMR
Extended XMR-USD
HTX XMR-USDT
Aftermath Perps XMRUSD