Funding you earn now, next payment 08:00 UTC−0.0669%/8h= −73.3% APRnext payment −$6.69 per $10,000 · paid last 24h +0.166%
Price spread now: BloFin against Bybit−0.137%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$520.515% of the position
Funding, last 7 days+0.588%+$59 on $10k
+Price spread, last 3 days (all we have)+0.181%+$18 · spread now −0.137%, 7d avg +0.044%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and BloFin is 0.181% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.588%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 593.26 | 0.1289 | pay 0.1289% / 8h | 7h 26m | $47.8M | $64.5M | 75x |
| Short | BloFin XMR-USDT | 592.45 | 0.0620 | get 0.0620% / 8h | 7h 26m | $2.8M | $11.7M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$140.51
- Price spread: −0.137% → +0.044%
- −$18.05
- Slippage, 4 orders
- −$28.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$210.06
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: 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 Bybit live order book, 2 min ago | 1.69 bp | 13.3 bp −$13 | 26.7 bp −$267 | 90.7 bp −$9,072 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 1.10 bp | 15.5 bp −$15 | 29.5 bp −$295 | 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 | 591.82 | −0.242% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +0.590% | $3K | $4K | 12x | as long as short |
| dYdX XMR-USD | +0.0065% | 1h | 591.70 | −0.263% | $107K | $50K | 5x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 592.45 | −0.136% | $1.1M | $659K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 592.10 | −0.196% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 589.20 | −0.684% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0192% | 1h | 592.05 | −0.204% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0429% | 8h | 592.96 | −0.051% | $21.6M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0430% | 8h | 593.13 | −0.022% | $54.1M | $166.9M | 75x | as long as short |
| Bitget XMRUSDT | +0.0537% | 8h | 592.64 | −0.105% | $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-USDTshort | +0.0620% | 8h | 592.45 | −0.137% | $2.8M | $11.7M | 75x | |
| Aster XMRUSDT | +0.0639% | 8h | 592.63 | −0.107% | $656K | $2.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0643% | 1h | 591.61 | −0.278% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 592.98 | −0.047% | $278K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0694% | 8h | 592.38 | −0.148% | $48.6M | $26.0M | 50x | as long as short |
| Variational Omni XMR | +0.0831% | 8h | 591.92 | −0.225% | $6.8M | $2.6M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0872% / S −0.2456% | 1h | 591.60 | −0.279% | $551K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1040% | 8h | 592.75 | −0.086% | $43K | $738K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.1050% | 1h | 592.17 | −0.184% | $201K | $527K | 20x | as long as short |
| Gate XMR_USDT | +0.1075% | 8h | 592.46 | −0.135% | $1.6M | $4.6M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.1138% | 8h | 590.06 | −0.540% | $349K | $804K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1233% | 1h | 592.87 | −0.066% | $47K | $1.9M | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.1234% | 8h | 592.67 | −0.099% | $8K | $4K | 20x | as long as short |
| Lighter XMR | +0.1280% | 1h | 592.84 | −0.071% | $3.3M | $7.1M | 10x | as long as short |
| BingX XMR-USDT | +0.1284% | 8h | 593.06 | −0.034% | — | $5.8M | — | as long as short |
| Bybit XMRUSDTlong | +0.1289% | 8h | 593.26 | long leg | $47.8M | $64.5M | 75x | |
| SoDEX XMR-USD | +0.1351% | 1h | 592.84 | −0.071% | $451K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1437% | 1h | 593.12 | −0.024% | $1.3M | $467K | 10x | as long as short |
| Hyperliquid XMR | +0.2050% | 1h | 593.22 | −0.007% | $90.1M | $72.7M | 5x | as long as short |
| Extended XMR-USD | +0.2536% | 1h | 593.00 | −0.043% | $3.2M | $7.9M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2586% | 1h | 592.21 | −0.177% | $1K | $46K | 10x | as long as short |
Bybit XMRUSDT
BloFin XMR-USDT
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
Polymarket Perps XMR-USD
Paradex XMR-USD-PERP
Lighter XMR
BingX XMR-USDT
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD