XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1248%/8h= +136.7% APRnext payment +$1.56 per $10,000 · paid last 24h +0.103%

Price spread now: Extended against Lighter+0.012%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs+$19as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$260.257% of the position

Long on Lighter Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.449%+$45 on $10k

Price spread, last 7 days+0.061%+$6 · spread now +0.012%, 7d avg −0.014%

Together, before fees+0.510%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board+$51 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$37 a day on $10k at the current rate, and Extended is 0.027% dearer against Lighter than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.014%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.449% in total (about 23.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.56 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	Lighter XMR	587.13	0.1200	pay 0.0150% / 1h	12m 04s	$3.3M	$7.2M	10x
Short	Extended XMR-USD	587.20	0.2448	get 0.0306% / 1h	12m 04s	$3.1M	$8.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Lighter. 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 LighterbpFee ExtendedbpOrdersPrice spread, now +0.012%Rate

Funding earned: $262.08
Price spread: +0.012% → −0.014%: $2.66
Slippage, 4 orders: −$20.66
Fee Lighter: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $239.08
Costs to cover: 0.257%
Break-even: 0.6 days

Slippage from Lighter: live order book, 6 min ago; Extended: 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 Lighter live order book, 6 min ago	2.38 bp	2.5 bp −$2	9.8 bp −$98	129.5 bp −$12.9K	doesn't fit
Sell Extended live order book, 2 min ago	1.87 bp	4.6 bp −$5	10.2 bp −$102	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	585.80	−0.226%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.640%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	587.78	+0.110%	$1.0M	$663K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	586.71	−0.071%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	585.00	−0.363%	$1.1M	$1.6M	20x	as long as short
dYdX XMR-USD	+0.0109%	1h	585.72	−0.240%	$106K	$50K	5x	as long as short
Aevo XMR-PERP	+0.0184%	1h	587.66	+0.091%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0427%	8h	587.28	+0.026%	$21.3M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0431%	8h	587.16	+0.005%	$53.6M	$167.1M	75x	as long as short
Bitget XMRUSDT	+0.0555%	8h	587.20	+0.012%	$9.6M	$14.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0619%	8h	587.33	+0.034%	$2.8M	$11.5M	75x	as long as short
Aster XMRUSDT	+0.0621%	8h	586.60	−0.090%	$650K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0649%	1h	585.92	−0.206%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	587.22	+0.015%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0721%	8h	586.64	−0.083%	$48.1M	$26.1M	50x	as long as short
Gate XMR_USDT	+0.0727%	8h	586.48	−0.111%	$1.6M	$4.6M	50x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0869% / S −0.2458%	1h	585.82	−0.222%	$546K	—	100x	as long as short
Variational Omni XMR	+0.0884%	8h	587.59	+0.079%	$6.7M	$2.6M	—	as long as short
GRVT XMR_USDT_Perp	+0.0902%	8h	587.78	+0.110%	$347K	$792K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0978%	1h	586.62	−0.087%	$184K	$535K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1042%	8h	587.15	+0.004%	$42K	$739K	10x	as long as short
Polymarket Perps XMR-USD	+0.1124%	1h	587.04	−0.015%	$46K	$1.9M	5x	as long as short
BingX XMR-USDT	+0.1136%	8h	587.29	+0.027%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1180%	8h	587.43	+0.051%	$47.3M	$64.5M	75x	as long as short
Lighter XMRlong	+0.1200%	1h	587.13	long leg	$3.3M	$7.2M	10x
SoDEX XMR-USD	+0.1253%	1h	587.27	+0.024%	$446K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.1268%	8h	587.07	−0.010%	$8K	$4K	20x	as long as short
Nado XMR-PERP	+0.1411%	1h	587.26	+0.023%	$1.3M	$465K	10x	as long as short
Hyperliquid XMR	+0.1932%	1h	587.29	+0.027%	$89.1M	$73.1M	5x	as long as short
Extended XMR-USDshort	+0.2448%	1h	587.20	+0.012%	$3.1M	$8.0M	25x
Aftermath Perps XMRUSD	+0.2647%	1h	587.27	+0.023%	$1K	$46K	10x	as long as short