XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1347%/8h= −147.5% APRnext payment −$1.68 per $10,000 · paid last 24h −0.143%

Price spread now: Pacifica against Extended−0.144%7-day average +0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$350.347% of the position

Long on Extended Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.604%−$60 on $10k

Price spread, last 7 days+0.129%+$13 · spread now −0.144%, 7d avg +0.032%

Together, before fees−0.475%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$48 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Pacifica is 0.176% cheaper against Extended than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.032%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.604% in total (about -31.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.68 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	Extended XMR-USD	589.69	0.2168	pay 0.0271% / 1h	46m 20s	$3.2M	$8.2M	25x
Short	Pacifica XMR	588.84	0.0821	get 0.0103% / 1h	46m 20s	$271K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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 ExtendedbpFee PacificabpOrdersPrice spread, now −0.144%Rate

Funding earned: −$282.81
Price spread: −0.144% → +0.032%: −$17.59
Slippage, 4 orders: −$21.69
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$335.09
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; Pacifica: 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 Extended live order book, 3 min ago	2.54 bp	7.0 bp −$7	12.3 bp −$123	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	1.44 bp	11.8 bp −$12	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 −0.0009%	1h	588.41	−0.218%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.198%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.30	+0.273%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	588.16	−0.260%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	587.00	−0.457%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	589.43	−0.046%	$12K	—	3x	as long as short
Binance XMRUSDT	+0.0469%	8h	589.25	−0.076%	$53.9M	$167.7M	75x	as long as short
MEXC XMR_USDT	+0.0470%	8h	589.13	−0.096%	$21.2M	$15.2M	100x	as long as short
Bitget XMRUSDT	+0.0578%	8h	588.68	−0.172%	$9.7M	$14.4M	50x	as long as short
Gate XMR_USDT	+0.0580%	8h	588.52	−0.199%	$1.6M	$4.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0654%	8h	588.67	−0.174%	$654K	$2.5M	75x	as long as short
BloFin XMR-USDT	+0.0679%	8h	591.31	+0.274%	$2.7M	$11.6M	75x	as long as short
dYdX XMR-USD	+0.0691%	1h	587.40	−0.389%	$106K	$50K	5x	as long as short
KuCoin XMRUSDTM	+0.0735%	8h	588.56	−0.192%	$48.1M	$26.1M	50x	as long as short
Pacifica XMRshort	+0.0821%	1h	588.84	−0.144%	$271K	$1.1M	10x
GMX XMR/USD [WBTC.b-USDC]	L +0.0918% / S −0.1124%	1h	588.06	−0.278%	$665K	—	100x	as long as short
Variational Omni XMR	+0.0967%	8h	588.98	−0.121%	$6.7M	$2.7M	—	as long as short
BingX XMR-USDT	+0.0990%	8h	590.01	+0.053%	—	$5.8M	—	as long as short
Backpack XMR_USDC_PERP	+0.0996%	1h	588.13	−0.265%	$184K	$535K	20x	as long as short
Bybit XMRUSDT	+0.1000%	8h	589.65	−0.008%	$47.4M	$65.0M	75x	as long as short
Lighter XMR	+0.1016%	1h	588.65	−0.177%	$3.3M	$7.2M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1020%	8h	591.46	+0.299%	$351K	$789K	10x	as long as short
Polymarket Perps XMR-USD	+0.1022%	1h	589.01	−0.116%	$51K	$1.9M	5x	as long as short
Orderly PERP_XMR_USDC	+0.1048%	8h	589.35	−0.058%	$42K	$735K	10x	as long as short
Paradex XMR-USD-PERP	+0.1252%	8h	588.53	−0.197%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1298%	1h	588.64	−0.179%	$5.6M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1428%	1h	589.04	−0.111%	$1.3M	$464K	10x	as long as short
SoDEX XMR-USD	+0.1494%	1h	589.65	−0.008%	$448K	$3K	5x	as long as short
Hyperliquid XMR	+0.1681%	1h	589.21	−0.082%	$89.3M	$73.1M	5x	as long as short
Extended XMR-USDlong	+0.2168%	1h	589.69	long leg	$3.2M	$8.2M	25x
Aftermath Perps XMRUSD	+0.2646%	1h	589.14	−0.094%	$1K	$46K	10x	as long as short