XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0900%/8h= +98.6% APRnext payment +$9.00 per $10,000 · paid last 24h +0.035%

Price spread now: Bybit against SunX+0.330%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$145as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1571.575% of the position

Long on SunX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.128%+$13 on $10k

Price spread, last 3 days (all we have)−0.189%−$19 · spread now +0.330%, 7d avg +0.074%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$27 a day on $10k at the current rate, and Bybit is 0.256% dearer against SunX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.074%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.128% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.00 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	SunX XMR-USDT	588.16	0.0100	pay 0.0100% / 8h	6h 46m	$2K	$2.0M	20x
Short	Bybit XMRUSDT	590.10	0.1000	get 0.1000% / 8h	6h 46m	$47.5M	$65.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SunX. 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 SunXbpFee BybitbpOrdersPrice spread, now +0.330%Rate

Funding earned: $189.08
Price spread: +0.330% → +0.074%: $25.59
Slippage, 4 orders: −$138.49
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $57.18
Costs to cover: 1.575%
Break-even: 4.9 days

Slippage from SunX: live order book, 10 min ago; Bybit: 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 SunX live order book, 10 min ago	49.47 bp	71.1 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	2.37 bp	10.7 bp −$11	25.2 bp −$252	86.8 bp −$8,682	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	+0.043%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.462%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.30	+0.535%	$1.1M	$664K	10x	as long as short
SunX XMR-USDTlong	+0.0100%	8h	588.16	long leg	$2K	$2.0M	20x
HTX XMR-USDT	+0.0100%	8h	589.46	+0.221%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	589.43	+0.215%	$12K	—	3x	as long as short
Binance XMRUSDT	+0.0469%	8h	589.71	+0.263%	$53.9M	$167.7M	75x	as long as short
MEXC XMR_USDT	+0.0470%	8h	589.50	+0.228%	$21.2M	$15.2M	100x	as long as short
Bitget XMRUSDT	+0.0578%	8h	588.72	+0.095%	$9.7M	$14.4M	50x	as long as short
Gate XMR_USDT	+0.0580%	8h	589.00	+0.143%	$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	588.62	+0.078%	$654K	$2.5M	75x	as long as short
BloFin XMR-USDT	+0.0679%	8h	591.31	+0.536%	$2.7M	$11.6M	75x	as long as short
dYdX XMR-USD	+0.0691%	1h	587.40	−0.129%	$106K	$50K	5x	as long as short
KuCoin XMRUSDTM	+0.0735%	8h	589.10	+0.160%	$48.2M	$26.1M	50x	as long as short
Pacifica XMR	+0.0821%	1h	588.84	+0.116%	$271K	$1.1M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0918% / S −0.1124%	1h	588.06	−0.018%	$665K	—	100x	as long as short
Variational Omni XMR	+0.0967%	8h	588.98	+0.139%	$6.7M	$2.7M	—	as long as short
Backpack XMR_USDC_PERP	+0.0973%	1h	589.06	+0.153%	$184K	$535K	20x	as long as short
BingX XMR-USDT	+0.0990%	8h	589.59	+0.243%	—	$5.8M	—	as long as short
Bybit XMRUSDTshort	+0.1000%	8h	590.10	+0.330%	$47.5M	$65.0M	75x
GRVT XMR_USDT_Perp	+0.1020%	8h	591.46	+0.561%	$351K	$789K	10x	as long as short
Polymarket Perps XMR-USD	+0.1022%	1h	589.01	+0.145%	$51K	$1.9M	5x	as long as short
Orderly PERP_XMR_USDC	+0.1048%	8h	589.35	+0.202%	$42K	$735K	10x	as long as short
Lighter XMR	+0.1056%	1h	589.29	+0.192%	$3.3M	$7.2M	10x	as long as short
Paradex XMR-USD-PERP	+0.1252%	8h	588.53	+0.064%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1298%	1h	588.64	+0.082%	$5.6M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1428%	1h	589.04	+0.150%	$1.3M	$464K	10x	as long as short
SoDEX XMR-USD	+0.1494%	1h	589.65	+0.253%	$448K	$3K	5x	as long as short
Hyperliquid XMR	+0.1687%	1h	589.49	+0.226%	$89.4M	$73.1M	5x	as long as short
Extended XMR-USD	+0.2168%	1h	589.69	+0.261%	$3.2M	$8.2M	25x	as long as short
Aftermath Perps XMRUSD	+0.2646%	1h	589.14	+0.167%	$1K	$46K	10x	as long as short