XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1021%/8h= +111.8% APRnext payment +$10.21 per $10,000 · paid last 24h +0.019%

Price spread now: BingX against Binance−0.027%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Binance Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.025%+$3 on $10k

Price spread, last 7 days+0.016%+$2 · spread now −0.027%, 7d avg −0.006%

Together, before fees+0.042%+$4 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.021% cheaper against Binance than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of −0.006%). If the spread goes back, that is −$2 on $10k: about 2 hours of funding at the current rate (+$31 a day). At the pace of the last 7 days (+0.025% in total) that is about 5.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.025% in total (about 1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.21 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	Binance XMRUSDT	592.88	0.0426	pay 0.0426% / 8h	7h 34m	$54.2M	$166.8M	75x
Short	BingX XMR-USDT	592.72	0.1447	get 0.1447% / 8h	7h 34m	—	$5.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Binance. 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 BinancebpFee BingXbpOrdersPrice spread, now −0.027%Rate

Funding earned: $214.33
Price spread: −0.027% → −0.006%: −$2.13
Slippage, 4 orders: −$21.7
Fee Binance: 5 bp × 2 orders: −$10
Fee BingX: 5 bp × 2 orders: −$10
Net: $170.51
Costs to cover: 0.417%
Break-even: 1.4 days

Slippage from Binance: live order book, 9 min ago; BingX: live order book, 11 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 Binance live order book, 9 min ago	0.09 bp	10.7 bp −$11	21.8 bp −$218	doesn't fit	doesn't fit
Sell BingX live order book, 11 min ago	1.10 bp	10.3 bp −$10	30.0 bp −$300	82.9 bp −$8,292	399.5 bp −$199.8K

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	591.32	−0.263%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.654%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0073%	1h	590.84	−0.344%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.20	−0.115%	$1.1M	$659K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	591.93	−0.160%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	591.96	−0.155%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0184%	1h	592.87	−0.001%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0425%	8h	592.81	−0.012%	$21.6M	$15.2M	100x	as long as short
Binance XMRUSDTlong	+0.0426%	8h	592.88	long leg	$54.2M	$166.8M	75x
Bitget XMRUSDT	+0.0526%	8h	593.01	+0.022%	$9.8M	$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
BloFin XMR-USDT	+0.0608%	8h	592.66	−0.037%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0637%	8h	592.41	−0.079%	$655K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0643%	1h	591.78	−0.185%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	592.86	−0.004%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0681%	8h	592.46	−0.071%	$48.6M	$26.1M	50x	as long as short
Variational Omni XMR	+0.0813%	8h	593.30	+0.071%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0872% / S −0.2452%	1h	591.59	−0.217%	$550K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.0975%	1h	592.45	−0.073%	$201K	$526K	20x	as long as short
Gate XMR_USDT	+0.0996%	8h	592.53	−0.059%	$1.6M	$4.6M	50x	as long as short
Orderly PERP_XMR_USDC	+0.1027%	8h	592.79	−0.015%	$42K	$738K	10x	as long as short
Paradex XMR-USD-PERP	+0.1180%	8h	592.54	−0.057%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1248%	1h	592.65	−0.039%	$3.3M	$7.1M	10x	as long as short
Polymarket Perps XMR-USD	+0.1310%	1h	592.60	−0.047%	$48K	$1.9M	5x	as long as short
GRVT XMR_USDT_Perp	+0.1340%	8h	593.01	+0.022%	$350K	$804K	10x	as long as short
Nado XMR-PERP	+0.1405%	1h	592.79	−0.015%	$1.3M	$467K	10x	as long as short
SoDEX XMR-USD	+0.1447%	1h	592.94	+0.010%	$451K	$3K	5x	as long as short
BingX XMR-USDTshort	+0.1447%	8h	592.72	−0.027%	—	$5.8M	—
Bybit XMRUSDT	+0.1467%	8h	593.06	+0.030%	$47.8M	$64.5M	75x	as long as short
Hyperliquid XMR	+0.2148%	1h	593.15	+0.046%	$89.9M	$72.5M	5x	as long as short
Extended XMR-USD	+0.2456%	1h	592.69	−0.031%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2565%	1h	592.12	−0.128%	$1K	$46K	10x	as long as short