Funding you earn now, next payment 22:00 UTC−0.0363%/8h= −39.7% APRnext payment −$0.45 per $10,000 · paid last 24h +0.023%
Price spread now: Lighter against Pacifica−0.034%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now −0.034%, 7d avg −0.019%
=Together, before fees+0.082%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.019%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.140%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.45 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 | Pacifica XMR | 595.48 | 0.0619 | pay 0.0077% / 1h | 35m 02s | $269K | $1.0M | 10x |
| Short | Lighter XMR | 595.28 | 0.0256 | get 0.0032% / 1h | 35m 02s | $3.5M | $6.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$76.17
- Price spread: −0.034% → −0.019%
- −$1.52
- Slippage, 4 orders
- −$29.86
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$115.55
- Costs to cover
- 0.379%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 4 min ago; Lighter: 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 Pacifica live order book, 4 min ago | 5.89 bp | 12.7 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 4.20 bp | 7.2 bp −$7 | 17.0 bp −$170 | 106.9 bp −$10.7K | 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 | 594.77 | −0.118% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.603% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 595.19 | −0.049% | $47.7M | $60.8M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 593.32 | −0.363% | $1.1M | $672K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 594.74 | −0.124% | $2K | $1.9M | 20x | as long as short |
| Backpack XMR_USDC_PERP | +0.0156% | 1h | 594.94 | −0.091% | $203K | $571K | 20x | as long as short |
| Aevo XMR-PERP | +0.0176% | 1h | 595.55 | +0.012% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0223% | 1h | 595.44 | −0.007% | $24K | $1.8M | 5x | as long as short |
| Lighter XMRshort | +0.0256% | 1h | 595.28 | −0.034% | $3.5M | $6.7M | 10x | |
| dYdX XMR-USD | +0.0291% | 1h | 594.39 | −0.183% | $108K | $50K | 5x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XMR | +0.0295% | 8h | 595.15 | −0.056% | $6.9M | $2.8M | — | as long as short |
| SoDEX XMR-USD | +0.0309% | 1h | 595.63 | +0.025% | $453K | $4K | 5x | as long as short |
| Binance XMRUSDT | +0.0367% | 8h | 595.49 | +0.002% | $54.5M | $161.8M | 75x | as long as short |
| MEXC XMR_USDT | +0.0368% | 8h | 595.51 | +0.005% | $22.7M | $15.2M | 100x | as long as short |
| BingX XMR-USDT | +0.0372% | 8h | 595.53 | +0.008% | — | $5.8M | — | as long as short |
| Gate XMR_USDT | +0.0388% | 8h | 595.08 | −0.067% | $1.6M | $4.5M | 50x | as long as short |
| Bitget XMRUSDT | +0.0392% | 8h | 595.75 | +0.045% | $9.9M | $14.0M | 50x | as long as short |
| BloFin XMR-USDT | +0.0515% | 8h | 595.72 | +0.040% | $2.8M | $11.3M | 75x | as long as short |
| Aster XMRUSDT | +0.0554% | 8h | 595.28 | −0.034% | $673K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0612% | 1h | 594.50 | −0.164% | $5.6M | $20.3M | 50x | as long as short |
| Pacifica XMRlong | +0.0619% | 1h | 595.48 | long leg | $269K | $1.0M | 10x | |
| GRVT XMR_USDT_Perp | +0.0627% | 8h | 595.40 | −0.014% | $349K | $782K | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0630% | 8h | 595.04 | −0.074% | $49.5M | $25.4M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0752% | 8h | 595.37 | −0.019% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0842% / S −0.1411% | 1h | 594.66 | −0.137% | $353K | — | 100x | as long as short |
| Nado XMR-PERP | +0.0850% | 1h | 595.12 | −0.060% | $1.3M | $477K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.0876% | 8h | 595.27 | −0.035% | $48K | $729K | 10x | as long as short |
| Extended XMR-USD | +0.1136% | 1h | 595.53 | +0.009% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1617% | 1h | 596.54 | +0.178% | $86.9M | $65.5M | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2341% | 1h | 594.37 | −0.186% | $2K | $47K | 10x | as long as short |
| HTX XMR-USDT | +0.2393% | 8h | 592.45 | −0.509% | $1.1M | $1.4M | 20x | as long as short |
Pacifica XMR
Lighter XMR
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Backpack XMR_USDC_PERP
Polymarket Perps XMR-USD
Variational Omni XMR
SoDEX XMR-USD
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Gate XMR_USDT
Bitget XMRUSDT
BloFin XMR-USDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
GRVT XMR_USDT_Perp
KuCoin XMRUSDTM
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Extended XMR-USD
Hyperliquid XMR
Aftermath Perps XMRUSD
HTX XMR-USDT