XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0351%/8h= +38.4% APRnext payment +$3.51 per $10,000 · paid last 24h −0.099%

Price spread now: Bybit against Binance−0.005%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$66as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

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

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$24 on $10k

Price spread, last 7 days+0.003%$0 · spread now −0.005%, 7d avg −0.017%

Together, before fees−0.242%−$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.245%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.51 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	590.21	0.0521	pay 0.0521% / 8h	6h 22m	$53.9M	$168.3M	75x
Short	Bybit XMRUSDT	590.18	0.0873	get 0.0873% / 8h	6h 22m	$47.6M	$65.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.005%Rate

Funding earned: $73.72
Price spread: −0.005% → −0.017%: $1.22
Slippage, 4 orders: −$20.7
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $33.24
Costs to cover: 0.417%
Break-even: 3.8 days

Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 2 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, 6 min ago	0.09 bp	6.8 bp −$7	21.2 bp −$212	doesn't fit	doesn't fit
Sell Bybit live order book, 2 min ago	2.21 bp	13.1 bp −$13	29.1 bp −$291	doesn't fit	doesn't fit

XMR on 30 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	588.31	−0.322%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.110%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	590.16	−0.008%	$1.1M	$667K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.03	−0.200%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	586.92	−0.557%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	590.11	−0.016%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0456%	1h	587.40	−0.476%	$106K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0521%	8h	590.10	−0.019%	$21.0M	$15.3M	100x	as long as short
Binance XMRUSDTlong	+0.0521%	8h	590.21	long leg	$53.9M	$168.3M	75x
Bitget XMRUSDT	+0.0616%	8h	589.76	−0.076%	$9.6M	$14.2M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0697%	8h	589.72	−0.083%	$656K	$2.5M	75x	as long as short
Gate XMR_USDT	+0.0753%	8h	589.45	−0.129%	$1.6M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0782%	8h	589.31	−0.152%	$48.3M	$26.2M	50x	as long as short
Pacifica XMR	+0.0821%	1h	588.58	−0.276%	$273K	$1.1M	10x	as long as short
BingX XMR-USDT	+0.0856%	8h	590.51	+0.051%	—	$5.8M	—	as long as short
Bybit XMRUSDTshort	+0.0873%	8h	590.18	−0.005%	$47.6M	$65.0M	75x
GMX XMR/USD [WBTC.b-USDC]	L +0.0936% / S −0.1162%	1h	588.08	−0.361%	$655K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.1003%	1h	589.66	−0.093%	$185K	$534K	20x	as long as short
Variational Omni XMR	+0.1021%	8h	590.91	+0.118%	$6.7M	$2.9M	—	as long as short
Orderly PERP_XMR_USDC	+0.1065%	8h	589.88	−0.056%	$42K	$736K	10x	as long as short
Lighter XMR	+0.1080%	1h	589.73	−0.081%	$3.3M	$7.2M	10x	as long as short
Polymarket Perps XMR-USD	+0.1085%	1h	589.20	−0.171%	$35K	$2.1M	5x	as long as short
GRVT XMR_USDT_Perp	+0.1110%	8h	590.89	+0.115%	$346K	$786K	10x	as long as short
Paradex XMR-USD-PERP	+0.1286%	8h	588.11	−0.357%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1299%	1h	588.60	−0.274%	$5.6M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1505%	1h	589.41	−0.136%	$1.3M	$467K	10x	as long as short
Hyperliquid XMR	+0.1822%	1h	590.40	+0.033%	$89.2M	$73.7M	5x	as long as short
SoDEX XMR-USD	+0.1862%	1h	590.20	−0.002%	$449K	$3K	5x	as long as short
Extended XMR-USD	+0.2104%	1h	589.97	−0.040%	$3.2M	$8.2M	25x	as long as short
Aftermath Perps XMRUSD	+0.2776%	1h	588.44	−0.300%	$1K	$46K	10x	as long as short