XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0395%/8h= +43.3% APRnext payment +$3.95 per $10,000 · paid last 24h +0.041%

Price spread now: GRVT against MEXC+0.120%7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$580.577% of the position

Long on MEXC Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 4 days (all we have)+0.245%+$24 · spread now +0.120%, 7d avg −0.004%

Together, before fees+0.467%+ Points / potential airdropGRVT: Active · farm board+$47 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GRVT is 0.124% dearer against MEXC than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.004%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.223% in total (about 11.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.95 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	MEXC XMR_USDT	575.00	0.0625	pay 0.0625% / 8h	2h 16m	$19.9M	$14.6M	100x
Short	GRVT XMR_USDT_Perp	575.69	0.1020	get 0.1020% / 8h	2h 16m	$346K	$727K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against MEXC. 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 MEXCbpFee GRVTbpOrdersPrice spread, now +0.120%Rate

Funding earned: $82.95
Price spread: +0.120% → −0.004%: $12.39
Slippage, 4 orders: −$44.69
Fee MEXC: 2 bp × 2 orders: −$4
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $37.65
Costs to cover: 0.577%
Break-even: 3.8 days

Slippage from MEXC: live order book, 2 min ago; GRVT: live order book, 31 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, 2 min ago	2.00 bp	14.1 bp −$14	33.0 bp −$330	60.5 bp −$6,049	213.2 bp −$106.6K
Sell GRVT live order book, 31 min ago	1.14 bp	11.4 bp −$11	doesn't fit	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 −0.0003%	1h	575.11	+0.019%	$38K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.313%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	575.74	+0.128%	$1.0M	$642K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.93	+0.162%	$2K	$1.8M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	574.96	−0.007%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0240%	1h	576.68	+0.292%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0323%	8h	574.45	−0.096%	$45.2M	$26.2M	50x	as long as short
dYdX XMR-USD	+0.0337%	1h	574.53	−0.082%	$104K	$44K	5x	as long as short
Bitget XMRUSDT	+0.0583%	8h	575.60	+0.104%	$9.5M	$13.2M	50x	as long as short
MEXC XMR_USDTlong	+0.0625%	8h	575.00	long leg	$19.9M	$14.6M	100x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0626%	8h	575.30	+0.052%	$52.6M	$160.6M	75x	as long as short
Gate XMR_USDT	+0.0664%	8h	574.82	−0.031%	$1.6M	$4.3M	50x	as long as short
BingX XMR-USDT	+0.0669%	8h	575.23	+0.040%	—	$5.6M	—	as long as short
Polymarket Perps XMR-USD	+0.0670%	1h	576.26	+0.219%	$27K	$2.1M	5x	as long as short
Bybit XMRUSDT	+0.0706%	8h	575.41	+0.071%	$46.6M	$64.0M	75x	as long as short
Extended XMR-USD	+0.0720%	1h	574.53	−0.082%	$3.0M	$8.2M	25x	as long as short
Kraken Futures PF_XMRUSD	+0.0744%	1h	575.64	+0.111%	$5.4M	$18.9M	50x	as long as short
Aster XMRUSDT	+0.0784%	8h	574.87	−0.022%	$647K	$2.2M	75x	as long as short
Lighter XMR	+0.0888%	1h	576.36	+0.236%	$3.1M	$7.6M	10x	as long as short
Paradex XMR-USD-PERP	+0.0891%	8h	576.18	+0.205%	$8K	$4K	20x	as long as short
Pacifica XMR	+0.0912%	1h	576.13	+0.197%	$266K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perpshort	+0.1020%	8h	575.69	+0.120%	$346K	$727K	10x
BloFin XMR-USDT	+0.1030%	8h	576.36	+0.237%	$2.7M	$11.2M	75x	as long as short
Hyperliquid XMR	+0.1061%	1h	575.04	+0.006%	$86.8M	$70.9M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1085% / S −0.1451%	1h	575.14	+0.024%	$595K	—	100x	as long as short
Variational Omni XMR	+0.1174%	8h	575.62	+0.109%	$6.4M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1193%	8h	576.34	+0.233%	$41K	$674K	10x	as long as short
Nado XMR-PERP	+0.1244%	1h	576.50	+0.262%	$1.3M	$450K	10x	as long as short
SoDEX XMR-USD	+0.1341%	1h	576.55	+0.270%	$438K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1414%	1h	576.12	+0.195%	$169K	$532K	20x	as long as short
Aftermath Perps XMRUSD	+0.2041%	1h	575.15	+0.026%	$2K	$42K	10x	as long as short