Funding you earn now, next payment 08:00 UTC−0.0253%/8h= −27.7% APRnext payment −$2.53 per $10,000 · paid last 24h −0.048%
Price spread now: MEXC against Gate+0.041%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days−0.267%−$27 on $10k
+Price spread, last 7 days−0.058%−$6 · spread now +0.041%, 7d avg +0.072%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.072%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XMR_USDT | 587.76 | 0.0690 | pay 0.0690% / 8h | 7h 04m | $1.6M | $4.7M | 50x |
| Short | MEXC XMR_USDT | 588.00 | 0.0437 | get 0.0437% / 8h | 7h 04m | $21.3M | $15.3M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Gate. 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
- −$53.13
- Price spread: +0.041% → +0.072%
- −$3.08
- Slippage, 4 orders
- −$35.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$111.03
- Costs to cover
- 0.548%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 4 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 Gate live order book, 4 min ago | 6.36 bp | 23.5 bp −$23 | 41.8 bp −$418 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.09 bp | 3.6 bp −$4 | 31.5 bp −$315 | 74.6 bp −$7,460 | 230.9 bp −$115.4K |
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 | 587.00 | −0.129% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.531% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 588.69 | +0.159% | $1.0M | $662K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 587.06 | −0.119% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 587.39 | −0.063% | $1.1M | $1.6M | 20x | as long as short |
| dYdX XMR-USD | +0.0120% | 1h | 587.24 | −0.089% | $106K | $50K | 5x | as long as short |
| Aevo XMR-PERP | +0.0192% | 1h | 588.01 | +0.043% | $12K | — | 3x | as long as short |
| Binance XMRUSDT | +0.0437% | 8h | 588.09 | +0.056% | $53.7M | $167.0M | 75x | as long as short |
| MEXC XMR_USDTshort | +0.0437% | 8h | 588.00 | +0.041% | $21.3M | $15.3M | 100x | |
| Bitget XMRUSDT | +0.0566% | 8h | 587.91 | +0.026% | $9.7M | $14.4M | 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 | +0.0632% | 8h | 588.09 | +0.056% | $652K | $2.5M | 75x | as long as short |
| BloFin XMR-USDT | +0.0633% | 8h | 588.32 | +0.095% | $2.7M | $11.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0648% | 1h | 586.67 | −0.186% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 589.05 | +0.219% | $271K | $1.1M | 10x | as long as short |
| Gate XMR_USDTlong | +0.0690% | 8h | 587.76 | long leg | $1.6M | $4.7M | 50x | |
| KuCoin XMRUSDTM | +0.0730% | 8h | 587.83 | +0.012% | $48.2M | $26.0M | 50x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0888% / S −0.2559% | 1h | 587.04 | −0.123% | $548K | — | 100x | as long as short |
| Variational Omni XMR | +0.0927% | 8h | 587.94 | +0.030% | $6.7M | $2.6M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.0953% | 8h | 588.84 | +0.184% | $348K | $792K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0992% | 1h | 587.41 | −0.060% | $184K | $535K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1042% | 8h | 588.21 | +0.077% | $43K | $733K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1105% | 1h | 588.71 | +0.162% | $49K | $1.9M | 5x | as long as short |
| Lighter XMR | +0.1160% | 1h | 587.84 | +0.014% | $3.3M | $7.2M | 10x | as long as short |
| BingX XMR-USDT | +0.1172% | 8h | 588.16 | +0.068% | — | $5.8M | — | as long as short |
| Bybit XMRUSDT | +0.1197% | 8h | 588.24 | +0.082% | $47.3M | $64.6M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.1265% | 8h | 588.94 | +0.201% | $8K | $4K | 20x | as long as short |
| SoDEX XMR-USD | +0.1277% | 1h | 587.91 | +0.026% | $447K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1367% | 1h | 588.91 | +0.197% | $1.3M | $464K | 10x | as long as short |
| Hyperliquid XMR | +0.1874% | 1h | 588.27 | +0.087% | $89.2M | $72.7M | 5x | as long as short |
| Extended XMR-USD | +0.2392% | 1h | 588.17 | +0.069% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2641% | 1h | 588.63 | +0.147% | $1K | $46K | 10x | as long as short |
Gate XMR_USDT
MEXC XMR_USDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Binance XMRUSDT
Bitget XMRUSDT
Aster XMRUSDT
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
Pacifica XMR
KuCoin XMRUSDTM
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
GRVT XMR_USDT_Perp
Backpack XMR_USDC_PERP
Polymarket Perps XMR-USD
Lighter XMR
BingX XMR-USDT
Bybit XMRUSDT
Paradex XMR-USD-PERP
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD