XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0420%/8h= −46.0% APRnext payment −$4.20 per $10,000 · paid last 24h −0.068%

Price spread now: MEXC against BloFin−0.050%49s7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$88as 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−$530.531% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.346%−$35 on $10k

Price spread, last 4 days (all we have)+0.022%+$2 · spread now −0.050%, 7d avg −0.004%

Together, before fees−0.324%−$32 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and MEXC is 0.046% cheaper against BloFin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.004%). Swap the legs. The two prices were read 49 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	576.40	0.1061	pay 0.1061% / 8h	2h 04m	$2.7M	$11.2M	75x
Short	MEXC XMR_USDT	576.11	0.0641	get 0.0641% / 8h	2h 04m	$20.2M	$14.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. 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 BloFinbpFee MEXCbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$88.25
Price spread: −0.050% → −0.004%: −$4.58
Slippage, 4 orders: −$37.12
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$145.95
Costs to cover: 0.531%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; MEXC: 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	1.64 bp	13.2 bp −$13	26.2 bp −$262	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	0.09 bp	5.4 bp −$5	25.8 bp −$258	74.1 bp −$7,409	231.1 bp −$115.6K

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 −0.0003%	1h	575.22	−0.205%	$38K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.067%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	576.76	+0.062%	$1.0M	$641K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.87	−0.092%	$2K	$1.8M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.54	−0.149%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0240%	1h	576.47	+0.012%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0334%	8h	575.65	−0.130%	$45.3M	$26.3M	50x	as long as short
dYdX XMR-USD	+0.0438%	1h	574.96	−0.250%	$104K	$43K	5x	as long as short
Bitget XMRUSDT	+0.0593%	8h	575.60	−0.139%	$9.5M	$13.0M	50x	as long as short
MEXC XMR_USDTshort	+0.0641%	8h	576.11	−0.050%	$20.2M	$14.7M	100x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0643%	8h	576.03	−0.064%	$52.6M	$159.2M	75x	as long as short
BingX XMR-USDT	+0.0663%	8h	576.31	−0.016%	—	$5.6M	—	as long as short
Gate XMR_USDT	+0.0677%	8h	576.00	−0.069%	$1.6M	$4.3M	50x	as long as short
Polymarket Perps XMR-USD	+0.0682%	1h	576.00	−0.069%	$23K	$2.1M	5x	as long as short
Bybit XMRUSDT	+0.0701%	8h	576.23	−0.029%	$46.9M	$64.1M	75x	as long as short
Extended XMR-USD	+0.0704%	1h	575.85	−0.096%	$3.0M	$8.2M	25x	as long as short
Kraken Futures PF_XMRUSD	+0.0744%	1h	575.26	−0.198%	$5.4M	$18.7M	50x	as long as short
Lighter XMR	+0.0776%	1h	576.10	−0.051%	$3.1M	$7.7M	10x	as long as short
Aster XMRUSDT	+0.0802%	8h	575.79	−0.106%	$640K	$2.2M	75x	as long as short
Paradex XMR-USD-PERP	+0.0892%	8h	576.24	−0.027%	$8K	$4K	20x	as long as short
Pacifica XMR	+0.0912%	1h	576.09	−0.053%	$267K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1026%	8h	576.36	−0.007%	$347K	$718K	10x	as long as short
Hyperliquid XMR	+0.1036%	1h	576.10	−0.053%	$87.1M	$69.1M	5x	as long as short
BloFin XMR-USDTlong	+0.1061%	8h	576.40	long leg	$2.7M	$11.2M	75x
GMX XMR/USD [WBTC.b-USDC]	L +0.1128% / S −0.1541%	1h	575.05	−0.234%	$595K	—	100x	as long as short
Variational Omni XMR	+0.1170%	8h	576.89	+0.086%	$6.2M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1201%	8h	576.22	−0.031%	$40K	$649K	10x	as long as short
Nado XMR-PERP	+0.1211%	1h	576.01	−0.068%	$1.3M	$449K	10x	as long as short
SoDEX XMR-USD	+0.1305%	1h	576.30	−0.017%	$438K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1396%	1h	575.87	−0.092%	$175K	$535K	20x	as long as short
Aftermath Perps XMRUSD	+0.1996%	1h	576.16	−0.041%	$1K	$42K	10x	as long as short