Funding you earn now, next payment 03:00 UTC−0.0049%/8h= −5.4% APRpaid last 24h −0.038%
Price spread now: MEXC against Lighter+0.045%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$310.310% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 7 days−0.032%−$3 · spread now +0.045%, 7d avg +0.039%
=Together, before fees−0.227%+ Points / potential airdropLighter: Season 3 · farm board−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$1 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 | 583.61 | 0.0568 | pay 0.0071% / 1h | 31m 38s | $3.3M | $7.1M | 10x |
| Short | MEXC XMR_USDT | 583.87 | 0.0519 | get 0.0519% / 8h | 5h 31m | $20.7M | $15.2M | 100x |
Lighter XMR
MEXC XMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$10.29
- Price spread: +0.045% → +0.039%
- $0.64
- Slippage, 4 orders
- −$27.02
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$40.68
- Costs to cover
- 0.310%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; MEXC: 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, 7 min ago | 1.40 bp | 2.0 bp −$2 | 14.2 bp −$142 | 131.0 bp −$13.1K | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.09 bp | 18.4 bp −$18 | 32.3 bp −$323 | 83.6 bp −$8,364 | 238.5 bp −$119.2K |
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 | 582.33 | −0.219% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | −0.181% | $3K | $6K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 583.28 | −0.056% | $1.0M | $658K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 582.81 | −0.137% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 582.76 | −0.145% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 583.29 | −0.054% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0323% | 1h | 582.27 | −0.228% | $105K | $50K | 5x | as long as short |
| Polymarket Perps XMR-USD | +0.0465% | 1h | 583.27 | −0.058% | $31K | $2.1M | 5x | as long as short |
| MEXC XMR_USDTshort | +0.0519% | 8h | 583.87 | +0.045% | $20.7M | $15.2M | 100x | |
| Binance XMRUSDT | +0.0520% | 8h | 584.18 | +0.098% | $53.2M | $166.4M | 75x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
dYdX XMR-USD
Polymarket Perps XMR-USD
Binance XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XMRlong | +0.0568% | 1h | 583.61 | long leg | $3.3M | $7.1M | 10x | |
| Gate XMR_USDT | +0.0586% | 8h | 583.29 | −0.054% | $1.6M | $4.5M | 50x | as long as short |
| BingX XMR-USDT | +0.0600% | 8h | 583.58 | −0.005% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0608% | 8h | 584.09 | +0.083% | $9.6M | $14.2M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0618% | 1h | 582.95 | −0.113% | $171K | $538K | 20x | as long as short |
| Bybit XMRUSDT | +0.0633% | 8h | 583.98 | +0.064% | $47.4M | $64.4M | 75x | as long as short |
| Aster XMRUSDT | +0.0717% | 8h | 583.58 | −0.004% | $649K | $2.4M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0776% | 8h | 583.24 | −0.063% | $48.0M | $26.1M | 50x | as long as short |
| BloFin XMR-USDT | +0.0793% | 8h | 583.85 | +0.042% | $2.7M | $11.4M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0959% | 1h | 581.77 | −0.314% | $5.5M | $19.6M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0984% | 8h | 583.68 | +0.013% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.0987% | 1h | 584.14 | +0.092% | $1.3M | $463K | 10x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 583.87 | +0.045% | $265K | $1.1M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0997% | 8h | 583.75 | +0.024% | $346K | $766K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1021% / S −0.1362% | 1h | 582.21 | −0.239% | $649K | — | 100x | as long as short |
| Variational Omni XMR | +0.1083% | 8h | 582.84 | −0.131% | $6.6M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1103% | 8h | 583.43 | −0.030% | $42K | $736K | 10x | as long as short |
| Hyperliquid XMR | +0.1143% | 1h | 584.02 | +0.071% | $87.8M | $71.6M | 5x | as long as short |
| Extended XMR-USD | +0.1264% | 1h | 583.83 | +0.038% | $3.1M | $8.0M | 25x | as long as short |
| SoDEX XMR-USD | +0.1329% | 1h | 583.54 | −0.011% | $443K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2570% | 1h | 582.98 | −0.108% | $2K | $46K | 10x | as long as short |
Gate XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Bybit XMRUSDT
Aster XMRUSDT
KuCoin XMRUSDTM
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
Paradex XMR-USD-PERP
Nado XMR-PERP
Pacifica XMR
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Hyperliquid XMR
Extended XMR-USD
SoDEX XMR-USD
Aftermath Perps XMRUSD