Funding you earn now, next payment 08:00 UTC+0.0070%/8h= +7.6% APRnext payment +$0.70 per $10,000 · paid last 24h −0.098%
Price spread now: Bybit against MEXC−0.058%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$640.635% of the position
Funding, last 7 days−0.241%−$24 on $10k
+Price spread, last 7 days+0.062%+$6 · spread now −0.058%, 7d avg −0.021%
=Funding pays, the price is against you. Bybit is 0.037% cheaper against MEXC than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.021%). If the spread goes back, that is −$4 on $10k: about 42 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.241%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XMR_USDT | 572.63 | 0.0567 | pay 0.0567% / 8h | 3h 07m | $19.8M | $14.7M | 100x |
| Short | Bybit XMRUSDT | 572.30 | 0.0637 | get 0.0637% / 8h | 3h 07m | $46.5M | $64.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against MEXC. 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
- $14.61
- Price spread: −0.058% → −0.021%
- −$3.68
- Slippage, 4 orders
- −$48.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$52.6
- Costs to cover
- 0.635%
- Break-even
- 32.2 days
Slippage from MEXC: live order book, 1 min ago; Bybit: live order book, 1 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 MEXC live order book, 1 min ago | 0.09 bp | 21.0 bp −$21 | 32.2 bp −$322 | 79.3 bp −$7,929 | 227.1 bp −$113.5K |
| Sell Bybit live order book, 1 min ago | 0.09 bp | 10.4 bp −$10 | 19.5 bp −$195 | 75.9 bp −$7,588 | 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 −0.0003% | 1h | 571.33 | −0.228% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.732% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.00 | +0.589% | $1.0M | $642K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 571.73 | −0.157% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 572.38 | −0.044% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0224% | 1h | 572.26 | −0.064% | $12K | — | 3x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0226% | 1h | 570.90 | −0.302% | $5.4M | $19.1M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0282% | 8h | 572.21 | −0.073% | $44.8M | $26.4M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0493% | 8h | 572.60 | −0.006% | $8K | $4K | 20x | as long as short |
| Bitget XMRUSDT | +0.0520% | 8h | 572.58 | −0.009% | $9.4M | $13.4M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDTlong | +0.0567% | 8h | 572.63 | long leg | $19.8M | $14.7M | 100x | |
| Binance XMRUSDT | +0.0567% | 8h | 572.43 | −0.036% | $52.3M | $163.1M | 75x | as long as short |
| Gate XMR_USDT | +0.0574% | 8h | 571.57 | −0.185% | $1.5M | $4.5M | 50x | as long as short |
| Lighter XMR | +0.0608% | 1h | 571.81 | −0.144% | $3.1M | $7.6M | 10x | as long as short |
| BingX XMR-USDT | +0.0613% | 8h | 572.88 | +0.044% | — | $5.6M | — | as long as short |
| Bybit XMRUSDTshort | +0.0637% | 8h | 572.30 | −0.058% | $46.5M | $64.3M | 75x | |
| Extended XMR-USD | +0.0664% | 1h | 572.41 | −0.039% | $3.1M | $8.3M | 25x | as long as short |
| Backpack XMR_USDC_PERP | +0.0680% | 1h | 571.62 | −0.176% | $169K | $532K | 20x | as long as short |
| Pacifica XMR | +0.0682% | 1h | 572.46 | −0.030% | $265K | $1.0M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0706% | 1h | 571.96 | −0.117% | $28K | $2.2M | 5x | as long as short |
| Aster XMRUSDT | +0.0719% | 8h | 572.19 | −0.077% | $639K | $2.3M | 75x | as long as short |
| dYdX XMR-USD | +0.0835% | 1h | 571.19 | −0.251% | $103K | $44K | 5x | as long as short |
| BloFin XMR-USDT | +0.0933% | 8h | 572.69 | +0.010% | $2.7M | $11.1M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0980% | 8h | 575.70 | +0.536% | $341K | $739K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0988% / S −0.1256% | 1h | 570.89 | −0.303% | $588K | — | 100x | as long as short |
| Nado XMR-PERP | +0.1114% | 1h | 572.36 | −0.046% | $1.3M | $458K | 10x | as long as short |
| Variational Omni XMR | +0.1142% | 8h | 574.39 | +0.307% | $6.4M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1149% | 8h | 572.01 | −0.108% | $40K | $735K | 10x | as long as short |
| Hyperliquid XMR | +0.1188% | 1h | 572.29 | −0.059% | $86.3M | $71.2M | 5x | as long as short |
| SoDEX XMR-USD | +0.1353% | 1h | 572.04 | −0.103% | $435K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1870% | 1h | 572.72 | +0.015% | $2K | $43K | 10x | as long as short |
MEXC XMR_USDT
Bybit XMRUSDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
KuCoin XMRUSDTM
Paradex XMR-USD-PERP
Bitget XMRUSDT
Binance XMRUSDT
Gate XMR_USDT
Lighter XMR
BingX XMR-USDT
Extended XMR-USD
Backpack XMR_USDC_PERP
Pacifica XMR
Polymarket Perps XMR-USD
Aster XMRUSDT
BloFin XMR-USDT
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Hyperliquid XMR
SoDEX XMR-USD
Aftermath Perps XMRUSD