Funding you earn now, next payment 08:00 UTC−0.0491%/8h= −53.8% APRnext payment −$4.91 per $10,000 · paid last 24h −0.051%
Price spread now: MEXC against Variational Omni−0.159%7-day average +0.003% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.129%−$13 on $10k
+Price spread, last 7 days+0.168%+$17 · spread now −0.159%, 7d avg +0.003%
=Together, before fees+0.039%+ Points / potential airdropVariational Omni: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and MEXC is 0.163% cheaper against Variational Omni than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.003%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.129% in total (about -14.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.91 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 | Variational Omni XMR | 587.94 | 0.0927 | pay 0.0927% / 8h | 7h 03m | $6.7M | $2.6M | — |
| Short | MEXC XMR_USDT | 587.00 | 0.0436 | get 0.0436% / 8h | 7h 03m | $21.3M | $15.3M | 100x |
Variational Omni XMR
MEXC XMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Variational Omni. 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
- −$103.19
- Price spread: −0.159% → +0.003%
- −$16.26
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$123.46
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; MEXC: live order book, 5 min ago. Net counts fees only.
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 Variational Omni RFQ quote, just now | 4.58 bp | doesn't fit | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 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 | −0.159% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.501% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 588.69 | +0.129% | $1.0M | $662K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 587.06 | −0.149% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 587.39 | −0.093% | $1.1M | $1.6M | 20x | as long as short |
| dYdX XMR-USD | +0.0118% | 1h | 586.31 | −0.277% | $106K | $50K | 5x | as long as short |
| Aevo XMR-PERP | +0.0192% | 1h | 588.01 | +0.013% | $12K | — | 3x | as long as short |
| MEXC XMR_USDTshort | +0.0436% | 8h | 587.00 | −0.159% | $21.3M | $15.3M | 100x | |
| Binance XMRUSDT | +0.0437% | 8h | 587.20 | −0.125% | $53.6M | $167.0M | 75x | as long as short |
| Bitget XMRUSDT | +0.0566% | 8h | 587.56 | −0.064% | $9.7M | $14.4M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
dYdX XMR-USD
Aevo XMR-PERP
Binance XMRUSDT
Bitget XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XMR-USDT | +0.0633% | 8h | 588.32 | +0.065% | $2.7M | $11.5M | 75x | as long as short |
| Aster XMRUSDT | +0.0634% | 8h | 588.00 | +0.011% | $652K | $2.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0648% | 1h | 586.67 | −0.216% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 587.30 | −0.109% | $270K | $1.1M | 10x | as long as short |
| Gate XMR_USDT | +0.0690% | 8h | 587.69 | −0.042% | $1.6M | $4.7M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0728% | 8h | 587.54 | −0.067% | $48.2M | $26.0M | 50x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0888% / S −0.2559% | 1h | 587.04 | −0.153% | $548K | — | 100x | as long as short |
| Variational Omni XMRlong | +0.0927% | 8h | 587.94 | long leg | $6.7M | $2.6M | — | |
| GRVT XMR_USDT_Perp | +0.0953% | 8h | 588.84 | +0.154% | $348K | $792K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0992% | 1h | 587.41 | −0.090% | $184K | $535K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1042% | 8h | 588.21 | +0.047% | $43K | $733K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1105% | 1h | 588.71 | +0.132% | $49K | $1.9M | 5x | as long as short |
| Lighter XMR | +0.1152% | 1h | 587.13 | −0.137% | $3.3M | $7.2M | 10x | as long as short |
| BingX XMR-USDT | +0.1172% | 8h | 587.35 | −0.100% | — | $5.8M | — | as long as short |
| Bybit XMRUSDT | +0.1180% | 8h | 587.15 | −0.134% | $47.2M | $64.7M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.1260% | 8h | 587.29 | −0.111% | $8K | $4K | 20x | as long as short |
| SoDEX XMR-USD | +0.1277% | 1h | 587.91 | −0.004% | $447K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1367% | 1h | 588.91 | +0.166% | $1.3M | $464K | 10x | as long as short |
| Hyperliquid XMR | +0.1873% | 1h | 587.62 | −0.055% | $89.2M | $72.8M | 5x | as long as short |
| Extended XMR-USD | +0.2392% | 1h | 587.78 | −0.026% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2641% | 1h | 588.63 | +0.117% | $1K | $46K | 10x | as long as short |
BloFin XMR-USDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
Gate XMR_USDT
KuCoin XMRUSDTM
GMX XMR/USD [WBTC.b-USDC]
GRVT XMR_USDT_Perp
Backpack XMR_USDC_PERP
Orderly PERP_XMR_USDC
Polymarket Perps XMR-USD
Lighter XMR
BingX XMR-USDT
Bybit XMRUSDT
Paradex XMR-USD-PERP
SoDEX XMR-USD
Nado XMR-PERP
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD