Funding you earn now, next payment 03:00 UTC+0.0288%/8h= +31.5% APRpaid last 24h +0.030%
Price spread now: BloFin against Lighter+0.027%60s7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.326% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)+0.216%+$22 · spread now +0.027%, 7d avg +0.051%
=Together, before fees+0.367%+ Points / potential airdropLighter: Season 3 · farm board+$37 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.023% cheaper against Lighter than usual: you would sell low and buy high (spread +0.027% now, against its 7-day average of +0.051%). If the spread goes back, that is −$2 on $10k: about 6 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.152% in total) that is about 26 hours. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.152% in total (about 7.9% a year). A funding rate is set anew for every payment. 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 | Lighter XMR | 581.60 | 0.0480 | pay 0.0060% / 1h | 3m 57s | $3.3M | $7.2M | 10x |
| Short | BloFin XMR-USDT | 581.76 | 0.0768 | get 0.0768% / 8h | 5h 03m | $2.7M | $11.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. 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
- $60.48
- Price spread: +0.027% → +0.051%
- −$2.33
- Slippage, 4 orders
- −$20.65
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $25.5
- Costs to cover
- 0.326%
- Break-even
- 4.0 days
Slippage from Lighter: live order book, 4 min ago; BloFin: live order book, 5 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 Lighter live order book, 4 min ago | 2.48 bp | 4.3 bp −$4 | 12.5 bp −$125 | 145.1 bp −$14.5K | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.17 bp | 10.6 bp −$11 | 18.5 bp −$185 | 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 −0.0010% | 1h | 580.91 | −0.118% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.163% | $3K | $6K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 583.02 | +0.244% | $1.0M | $655K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 581.24 | −0.062% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 581.00 | −0.103% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 582.10 | +0.087% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0245% | 1h | 581.66 | +0.010% | $25K | $2.1M | 5x | as long as short |
| dYdX XMR-USD | +0.0291% | 1h | 581.02 | −0.099% | $105K | $47K | 5x | as long as short |
| Bybit XMRUSDT | +0.0477% | 8h | 581.66 | +0.010% | $47.2M | $64.1M | 75x | as long as short |
| Lighter XMRlong | +0.0480% | 1h | 581.60 | long leg | $3.3M | $7.2M | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0496% | 8h | 581.61 | +0.002% | $20.7M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0497% | 8h | 581.61 | +0.002% | $52.9M | $165.6M | 75x | as long as short |
| Gate XMR_USDT | +0.0509% | 8h | 581.26 | −0.059% | $1.6M | $4.5M | 50x | as long as short |
| BingX XMR-USDT | +0.0569% | 8h | 581.33 | −0.047% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0587% | 8h | 581.64 | +0.007% | $9.5M | $14.1M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0640% | 1h | 581.38 | −0.038% | $170K | $536K | 20x | as long as short |
| KuCoin XMRUSDTM | +0.0661% | 8h | 580.90 | −0.121% | $47.7M | $26.0M | 50x | as long as short |
| Aster XMRUSDT | +0.0700% | 8h | 581.23 | −0.064% | $655K | $2.4M | 75x | as long as short |
| BloFin XMR-USDTshort | +0.0768% | 8h | 581.76 | +0.027% | $2.7M | $11.3M | 75x | |
| Paradex XMR-USD-PERP | +0.0862% | 8h | 581.76 | +0.027% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0911% | 8h | 584.28 | +0.461% | $339K | $764K | 10x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0961% | 1h | 580.56 | −0.179% | $5.5M | $19.6M | 50x | as long as short |
| Nado XMR-PERP | +0.0963% | 1h | 581.91 | +0.054% | $1.3M | $463K | 10x | as long as short |
| Hyperliquid XMR | +0.0978% | 1h | 581.49 | −0.019% | $87.6M | $71.1M | 5x | as long as short |
| Extended XMR-USD | +0.0992% | 1h | 581.38 | −0.037% | $3.1M | $8.2M | 25x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 581.97 | +0.064% | $268K | $1.1M | 10x | as long as short |
| SoDEX XMR-USD | +0.1032% | 1h | 581.80 | +0.034% | $442K | $3K | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1040% / S −0.1407% | 1h | 580.87 | −0.125% | $648K | — | 100x | as long as short |
| Variational Omni XMR | +0.1053% | 8h | 581.66 | +0.010% | $6.6M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1107% | 8h | 581.78 | +0.031% | $41K | $720K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2409% | 1h | 582.63 | +0.178% | $1K | $45K | 10x | as long as short |
Lighter XMR
BloFin XMR-USDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Polymarket Perps XMR-USD
Bybit XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
KuCoin XMRUSDTM
Aster XMRUSDT
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
Kraken Futures PF_XMRUSD
Hyperliquid XMR
Extended XMR-USD
Pacifica XMR
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Aftermath Perps XMRUSD