Funding you earn now, next payment 08:00 UTC+0.0743%/8h= +81.3% APRnext payment +$7.43 per $10,000 · paid last 24h −0.166%
Price spread now: Bybit against BloFin+0.134%92s7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$540.540% of the position
Funding, last 7 days−0.588%−$59 on $10k
+Price spread, last 3 days (all we have)−0.178%−$18 · spread now +0.134%, 7d avg −0.044%
=Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.178% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.588%, so the current rate has only just turned in your favour. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XMR-USDT | 591.56 | 0.0609 | pay 0.0609% / 8h | 7h 29m | $2.8M | $11.6M | 75x |
| Short | Bybit XMRUSDT | 592.35 | 0.1351 | get 0.1351% / 8h | 7h 29m | $47.7M | $64.6M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $156
- Price spread: +0.134% → −0.044%
- $17.75
- Slippage, 4 orders
- −$31.03
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $119.72
- Costs to cover
- 0.540%
- Break-even
- 1.6 days
Slippage from BloFin: live order book, 4 min ago; Bybit: live order book, 4 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 BloFin live order book, 4 min ago | 0.51 bp | 16.7 bp −$17 | 28.5 bp −$285 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 2.11 bp | 11.7 bp −$12 | 25.9 bp −$259 | doesn't fit | doesn't fit |
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 | 590.85 | −0.120% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +0.879% | $3K | $4K | 12x | as long as short |
| dYdX XMR-USD | +0.0069% | 1h | 590.58 | −0.166% | $107K | $50K | 5x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 592.20 | +0.108% | $1.1M | $662K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 591.36 | −0.034% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 589.00 | −0.433% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0184% | 1h | 591.47 | −0.015% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0426% | 8h | 592.28 | +0.122% | $21.5M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0426% | 8h | 592.41 | +0.144% | $54.1M | $167.0M | 75x | as long as short |
| Bitget XMRUSDT | +0.0535% | 8h | 591.73 | +0.029% | $9.7M | $14.5M | 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-USDTlong | +0.0609% | 8h | 591.56 | long leg | $2.8M | $11.6M | 75x | |
| Aster XMRUSDT | +0.0635% | 8h | 591.97 | +0.070% | $656K | $2.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0644% | 1h | 590.91 | −0.110% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 592.34 | +0.132% | $278K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0688% | 8h | 591.97 | +0.069% | $48.6M | $26.0M | 50x | as long as short |
| Variational Omni XMR | +0.0831% | 8h | 591.92 | +0.061% | $6.8M | $2.6M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0871% / S −0.2452% | 1h | 590.87 | −0.117% | $550K | — | 100x | as long as short |
| Backpack XMR_USDC_PERP | +0.0992% | 1h | 591.52 | −0.007% | $201K | $527K | 20x | as long as short |
| Gate XMR_USDT | +0.0998% | 8h | 591.69 | +0.022% | $1.6M | $4.6M | 50x | as long as short |
| Orderly PERP_XMR_USDC | +0.1036% | 8h | 591.65 | +0.015% | $42K | $738K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1138% | 8h | 590.06 | −0.254% | $349K | $804K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1212% | 8h | 591.98 | +0.071% | $8K | $4K | 20x | as long as short |
| Lighter XMR | +0.1248% | 1h | 592.17 | +0.103% | $3.3M | $7.1M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1272% | 1h | 592.07 | +0.086% | $46K | $1.9M | 5x | as long as short |
| Bybit XMRUSDTshort | +0.1351% | 8h | 592.35 | +0.134% | $47.7M | $64.6M | 75x | |
| BingX XMR-USDT | +0.1394% | 8h | 592.93 | +0.232% | — | $5.8M | — | as long as short |
| SoDEX XMR-USD | +0.1416% | 1h | 591.97 | +0.069% | $450K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1430% | 1h | 591.90 | +0.057% | $1.3M | $467K | 10x | as long as short |
| Hyperliquid XMR | +0.2087% | 1h | 592.53 | +0.164% | $89.9M | $72.6M | 5x | as long as short |
| Extended XMR-USD | +0.2496% | 1h | 592.34 | +0.132% | $3.2M | $7.9M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2595% | 1h | 591.47 | −0.015% | $1K | $46K | 10x | as long as short |
BloFin XMR-USDT
Bybit XMRUSDT
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Bitget XMRUSDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
KuCoin XMRUSDTM
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Backpack XMR_USDC_PERP
Gate XMR_USDT
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
Lighter XMR
Polymarket Perps XMR-USD
BingX XMR-USDT
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD