XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0238%/8h= −26.1% APRnext payment −$2.38 per $10,000 · paid last 24h −0.033%

Price spread now: MEXC against Bitget+0.019%7-day average +0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$440.437% of the position

Long on Bitget Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.077%+$8 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.019%, 7d avg +0.010%

Together, before fees+0.043%+$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.077%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.077% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.38 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XMRUSDT	569.05	0.0712	pay 0.0712% / 8h	5h 56m	$9.1M	$8.8M	50x
Short	MEXC XMR_USDT	569.16	0.0474	get 0.0474% / 8h	5h 56m	$19.6M	$7.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Bitget. 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 BitgetbpFee MEXCbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$49.98
Price spread: +0.019% → +0.010%: $0.93
Slippage, 4 orders: −$27.7
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$92.75
Costs to cover: 0.437%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 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 Bitget live order book, 5 min ago	3.60 bp	11.1 bp −$11	16.8 bp −$168	85.9 bp −$8,590	doesn't fit
Sell MEXC live order book, 5 min ago	0.09 bp	7.4 bp −$7	31.0 bp −$310	64.8 bp −$6,476	216.4 bp −$108.2K

XMR on 31 exchanges

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 −0.0004%	1h	568.06	−0.173%	$32K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.372%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	570.11	+0.186%	$1.0M	$469K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	568.12	−0.163%	$2K	$869K	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	568.70	−0.062%	$1.0M	$933K	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	569.12	+0.013%	$11K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0272%	1h	568.29	−0.134%	$29K	$1.5M	5x	as long as short
Lighter XMR	+0.0304%	1h	569.08	+0.005%	$3.0M	$4.5M	10x	as long as short
Binance XMRUSDT	+0.0471%	8h	568.92	−0.023%	$52.3M	$80.6M	75x	as long as short
MEXC XMR_USDTshort	+0.0474%	8h	569.16	+0.019%	$19.6M	$7.2M	100x

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XMR	+0.0506%	1h	568.37	−0.120%	$86.6M	$52.2M	5x	as long as short
Aster XMRUSDT	+0.0509%	8h	568.72	−0.058%	$658K	$1.2M	75x	as long as short
Bybit XMRUSDT	+0.0560%	8h	569.33	+0.049%	$46.2M	$41.2M	75x	as long as short
Gate XMR_USDT	+0.0574%	8h	568.75	−0.053%	$1.5M	$2.2M	50x	as long as short
KuCoin XMRUSDTM	+0.0595%	8h	568.20	−0.149%	$45.7M	$14.9M	50x	as long as short
Extended XMR-USD	+0.0600%	1h	569.39	+0.061%	$3.1M	$6.4M	25x	as long as short
Kraken Futures PF_XMRUSD	+0.0657%	1h	567.99	−0.186%	$5.4M	$6.3M	50x	as long as short
BingX XMR-USDT	+0.0677%	8h	569.60	+0.097%	—	$4.6M	—	as long as short
SoDEX XMR-USD	+0.0704%	1h	569.18	+0.023%	$433K	$4K	5x	as long as short
Bitget XMRUSDTlong	+0.0712%	8h	569.05	long leg	$9.1M	$8.8M	50x
Paradex XMR-USD-PERP	+0.0715%	8h	568.94	−0.019%	$8K	$1K	20x	as long as short
Pacifica XMR	+0.0759%	1h	568.96	−0.015%	$268K	$609K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0761%	8h	570.81	+0.309%	$332K	$669K	10x	as long as short
BloFin XMR-USDT	+0.0762%	8h	569.25	+0.035%	$2.7M	$9.1M	75x	as long as short
Nado XMR-PERP	+0.0764%	1h	568.46	−0.103%	$1.2M	$166K	10x	as long as short
Variational Omni XMR	+0.0837%	8h	570.18	+0.199%	$6.1M	$2.2M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0936% / S −0.1108%	1h	567.95	−0.194%	$591K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.0966%	1h	569.00	−0.009%	$127K	$407K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1057%	8h	569.20	+0.026%	$41K	$311K	10x	as long as short
Aftermath Perps XMRUSD	+0.2121%	1h	569.05	−0.001%	$1K	$37K	10x	as long as short
dYdX XMR-USD	+0.3705%	1h	568.53	−0.091%	$103K	$24K	5x	as long as short