Funding you earn now, next payment 08:00 UTC−0.0565%/8h= −61.9% APRnext payment −$5.65 per $10,000 · paid last 24h −0.035%
Price spread now: SunX against Bybit+0.007%7-day average −0.078% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$820.819% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.007%, 7d avg −0.078%
=The price spread pays, funding is against you. SunX is 0.085% dearer against Bybit than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.078%): +$9 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 12 hours. At the pace of the last 7 days (−0.129% in total) that is about 4.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.129% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XMRUSDT | 576.52 | 0.0665 | pay 0.0665% / 8h | 1h 45m | $46.8M | $61.5M | 75x |
| Short | SunX XMR-USDT | 576.56 | 0.0100 | get 0.0100% / 8h | 1h 45m | $2K | $1.7M | 20x |
Bybit XMRUSDT
SunX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$118.73
- Price spread: +0.007% → −0.078%
- $8.54
- Slippage, 4 orders
- −$62.85
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$192.04
- Costs to cover
- 0.819%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; SunX: live order book, 11 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, 4 min ago | 1.38 bp | 11.6 bp −$12 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 13.41 bp | 25.0 bp −$25 | doesn't fit | 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 −0.0004% | 1h | 575.97 | −0.096% | $32K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.046% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.59 | +0.012% | $1.0M | $635K | 10x | as long as short |
| SunX XMR-USDTshort | +0.0100% | 8h | 576.56 | +0.007% | $2K | $1.7M | 20x | |
| HTX XMR-USDT | +0.0100% | 8h | 575.92 | −0.104% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 576.67 | +0.026% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0266% | 1h | 575.15 | −0.237% | $104K | $43K | 5x | as long as short |
| Lighter XMR | +0.0328% | 1h | 576.85 | +0.058% | $3.1M | $6.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0334% | 8h | 576.41 | −0.019% | $45.4M | $24.3M | 50x | as long as short |
| Extended XMR-USD | +0.0456% | 1h | 576.93 | +0.071% | $3.0M | $8.2M | 25x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
HTX XMR-USDT
Aevo XMR-PERP
dYdX XMR-USD
Lighter XMR
KuCoin XMRUSDTM
Extended XMR-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps XMR-USD | +0.0462% | 1h | 576.42 | −0.017% | $23K | $2.1M | 5x | as long as short |
| Bitget XMRUSDT | +0.0591% | 8h | 577.13 | +0.106% | $9.5M | $12.4M | 50x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0631% | 1h | 575.92 | −0.104% | $5.4M | $17.3M | 50x | as long as short |
| Binance XMRUSDT | +0.0642% | 8h | 577.01 | +0.085% | $52.6M | $145.3M | 75x | as long as short |
| BingX XMR-USDT | +0.0645% | 8h | 577.10 | +0.101% | — | $5.5M | — | as long as short |
| MEXC XMR_USDT | +0.0646% | 8h | 577.03 | +0.088% | $20.1M | $14.4M | 100x | as long as short |
| Bybit XMRUSDTlong | +0.0665% | 8h | 576.52 | long leg | $46.8M | $61.5M | 75x | |
| Gate XMR_USDT | +0.0675% | 8h | 576.36 | −0.028% | $1.5M | $3.3M | 50x | as long as short |
| Aster XMRUSDT | +0.0801% | 8h | 576.37 | −0.026% | $639K | $2.0M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0852% | 8h | 575.75 | −0.133% | $8K | $3K | 20x | as long as short |
| Hyperliquid XMR | +0.0854% | 1h | 576.98 | +0.080% | $87.3M | $67.5M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.0871% | 1h | 576.74 | +0.038% | $175K | $531K | 20x | as long as short |
| SoDEX XMR-USD | +0.0923% | 1h | 577.03 | +0.088% | $439K | $3K | 5x | as long as short |
| Pacifica XMR | +0.1002% | 1h | 575.87 | −0.112% | $265K | $944K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1013% | 8h | 576.16 | −0.062% | $344K | $711K | 10x | as long as short |
| Nado XMR-PERP | +0.1029% | 1h | 575.92 | −0.104% | $1.3M | $445K | 10x | as long as short |
| BloFin XMR-USDT | +0.1058% | 8h | 577.32 | +0.139% | $2.7M | $11.0M | 75x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1132% / S −0.1504% | 1h | 576.00 | −0.090% | $604K | — | 100x | as long as short |
| Variational Omni XMR | +0.1137% | 8h | 575.92 | −0.103% | $6.2M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1192% | 8h | 576.58 | +0.010% | $41K | $604K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1971% | 1h | 576.16 | −0.062% | $1K | $42K | 10x | as long as short |
Polymarket Perps XMR-USD
Bitget XMRUSDT
Kraken Futures PF_XMRUSD
Binance XMRUSDT
BingX XMR-USDT
MEXC XMR_USDT
Gate XMR_USDT
Aster XMRUSDT
Paradex XMR-USD-PERP
Hyperliquid XMR
Backpack XMR_USDC_PERP
SoDEX XMR-USD
Pacifica XMR
GRVT XMR_USDT_Perp
Nado XMR-PERP
BloFin XMR-USDT
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD