Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.64 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against BingX+0.007%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.483% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 7 days+0.003%$0 · spread now +0.007%, 7d avg +0.009%
=The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XMR-USDT | 597.95 | 0.0397 | pay 0.0397% / 8h | 1h 08m | — | $5.7M | — |
| Short | MEXC XMR_USDT | 597.99 | 0.0333 | get 0.0333% / 8h | 1h 08m | $22.4M | $15.0M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against BingX. 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
- −$13.44
- Price spread: +0.007% → +0.009%
- −$0.23
- Slippage, 4 orders
- −$34.33
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$62
- Costs to cover
- 0.483%
- Break-even
- never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: 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 BingX live order book, 6 min ago | 0.67 bp | 12.5 bp −$12 | 17.7 bp −$177 | 101.7 bp −$10.2K | 733.5 bp −$366.7K |
| Sell MEXC live order book, 5 min ago | 0.08 bp | 18.2 bp −$18 | 32.4 bp −$324 | 76.1 bp −$7,610 | 217.9 bp −$108.9K |
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 | 597.20 | −0.126% | $45K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 598.01 | +0.010% | $48.6M | $62.1M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 597.97 | +0.003% | $1.1M | $664K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 597.17 | −0.130% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 597.51 | −0.074% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0330% | 8h | 598.31 | +0.061% | $6.9M | $2.6M | — | as long as short |
| MEXC XMR_USDTshort | +0.0333% | 8h | 597.99 | +0.007% | $22.4M | $15.0M | 100x | |
| Binance XMRUSDT | +0.0334% | 8h | 597.90 | −0.008% | $54.8M | $163.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0382% | 1h | 596.72 | −0.206% | $5.7M | $20.4M | 50x | as long as short |
| Pacifica XMR | +0.0387% | 1h | 598.16 | +0.036% | $282K | $1.0M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XMR-USDTlong | +0.0397% | 8h | 597.95 | long leg | — | $5.7M | — | |
| Bitget XMRUSDT | +0.0417% | 8h | 597.67 | −0.047% | $10.0M | $14.2M | 50x | as long as short |
| BloFin XMR-USDT | +0.0471% | 8h | 598.12 | +0.028% | $2.8M | $11.6M | 75x | as long as short |
| Lighter XMR | +0.0520% | 1h | 597.56 | −0.065% | $3.4M | $6.9M | 10x | as long as short |
| Gate XMR_USDT | +0.0550% | 8h | 597.70 | −0.042% | $1.7M | $4.6M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0555% | 8h | 597.42 | −0.089% | $48.7M | $25.8M | 50x | as long as short |
| Aster XMRUSDT | +0.0570% | 8h | 597.83 | −0.020% | $685K | $2.4M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0617% | 8h | 598.18 | +0.039% | $349K | $797K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.0695% | 1h | 596.76 | −0.199% | $3K | $6K | 12x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0810% / S −0.1291% | 1h | 597.02 | −0.155% | $332K | — | 100x | as long as short |
| Polymarket Perps XMR-USD | +0.0836% | 1h | 598.15 | +0.033% | $23K | $1.8M | 5x | as long as short |
| SoDEX XMR-USD | +0.0843% | 1h | 597.90 | −0.008% | $454K | $3K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0857% | 8h | 598.13 | +0.030% | $8K | $4K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.0953% | 8h | 597.65 | −0.050% | $44K | $729K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.1032% | 1h | 597.47 | −0.080% | $204K | $575K | 20x | as long as short |
| Nado XMR-PERP | +0.1231% | 1h | 598.02 | +0.012% | $1.3M | $475K | 10x | as long as short |
| Extended XMR-USD | +0.1864% | 1h | 597.77 | −0.030% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1952% | 1h | 598.51 | +0.094% | $89.7M | $69.5M | 5x | as long as short |
| HTX XMR-USDT | +0.1964% | 8h | 596.00 | −0.326% | $1.1M | $1.5M | 20x | as long as short |
| dYdX XMR-USD | +0.2000% | 1h | 595.99 | −0.328% | $108K | $50K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2428% | 1h | 597.74 | −0.034% | $2K | $47K | 10x | as long as short |
BingX XMR-USDT
MEXC XMR_USDT
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Variational Omni XMR
Binance XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
Bitget XMRUSDT
BloFin XMR-USDT
Lighter XMR
Gate XMR_USDT
KuCoin XMRUSDTM
Aster XMRUSDT
GRVT XMR_USDT_Perp
Injective XMR/USDC PERP
GMX XMR/USD [WBTC.b-USDC]
Polymarket Perps XMR-USD
SoDEX XMR-USD
Paradex XMR-USD-PERP
Backpack XMR_USDC_PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD