Funding you earn now, next payment 04:00 UTC+0.0918%/8h= +100.5% APRpaid last 24h +0.011%
Price spread now: Variational Omni against Lighter+0.155%7-day average +0.034% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.037%−$4 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now +0.155%, 7d avg +0.034%
=Together, before fees−0.182%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Variational Omni is 0.121% dearer against Lighter than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.034%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.037% in total (about -3.8% a year). A funding rate is set anew for every payment. 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 | Lighter XMR | 573.88 | 0.0096 | pay 0.0012% / 1h | 20m 25s | $3.3M | $7.5M | 10x |
| Short | Variational Omni XMR | 574.77 | 0.1014 | get 0.1014% / 8h | 4h 20m | $6.5M | $2.2M | — |
Lighter XMR
Variational Omni XMRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Lighter. 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
- $192.8
- Price spread: +0.155% → +0.034%
- $12.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $204.92
- Costs to cover
- 0.000%
- Break-even
- from the start
Slippage unknown: Lighter: live order book, 3 min ago; Variational Omni: RFQ quote, 4 min ago. Net counts fees only.
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 Lighter live order book, 3 min ago | 3.45 bp | 5.9 bp −$6 | 17.7 bp −$177 | 165.5 bp −$16.5K | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.75 bp | doesn't fit | 26.5 bp −$265 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +1.511% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0008% | 1h | 573.65 | −0.040% | $50K | — | 150x | as long as short |
| Lighter XMRlong | +0.0096% | 1h | 573.88 | long leg | $3.3M | $7.5M | 10x | |
| edgeX XMRUSDC | +0.0100% | 4h | 576.43 | +0.444% | $1.0M | $653K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 574.33 | +0.079% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 575.00 | +0.196% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0150% | 1h | 573.19 | −0.121% | $5.4M | $19.5M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 575.01 | +0.198% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0284% | 1h | 574.40 | +0.091% | $26K | $2.2M | 5x | as long as short |
| Gate XMR_USDT | +0.0375% | 8h | 573.89 | +0.002% | $1.6M | $4.5M | 50x | as long as short |
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Aevo XMR-PERP
Polymarket Perps XMR-USD
Gate XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0379% | 8h | 574.88 | +0.175% | $46.7M | $64.4M | 75x | as long as short |
| dYdX XMR-USD | +0.0395% | 1h | 573.73 | −0.027% | $104K | $44K | 5x | as long as short |
| KuCoin XMRUSDTM | +0.0471% | 8h | 573.71 | −0.029% | $44.8M | $26.7M | 50x | as long as short |
| Binance XMRUSDT | +0.0482% | 8h | 574.79 | +0.159% | $52.5M | $164.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0483% | 8h | 574.84 | +0.168% | $20.2M | $15.0M | 100x | as long as short |
| BingX XMR-USDT | +0.0500% | 8h | 575.03 | +0.201% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0518% | 8h | 574.76 | +0.154% | $9.4M | $14.0M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0541% | 1h | 573.93 | +0.009% | $169K | $535K | 20x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 574.49 | +0.107% | $266K | $1.1M | 10x | as long as short |
| Extended XMR-USD | +0.0632% | 1h | 574.57 | +0.121% | $3.1M | $8.4M | 25x | as long as short |
| Aster XMRUSDT | +0.0670% | 8h | 573.87 | −0.001% | $637K | $2.4M | 75x | as long as short |
| Nado XMR-PERP | +0.0763% | 1h | 574.62 | +0.130% | $1.3M | $466K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0772% | 8h | 574.53 | +0.113% | $8K | $4K | 20x | as long as short |
| BloFin XMR-USDT | +0.0779% | 8h | 574.93 | +0.183% | $2.7M | $11.2M | 75x | as long as short |
| Hyperliquid XMR | +0.0801% | 1h | 574.56 | +0.119% | $86.4M | $71.0M | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0842% | 8h | 575.85 | +0.344% | $345K | $733K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0989% / S −0.1253% | 1h | 573.44 | −0.076% | $590K | — | 100x | as long as short |
| Variational Omni XMRshort | +0.1014% | 8h | 574.77 | +0.155% | $6.5M | $2.2M | — | |
| SoDEX XMR-USD | +0.1042% | 1h | 574.35 | +0.082% | $437K | $3K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.1123% | 8h | 574.66 | +0.136% | $40K | $735K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2030% | 1h | 575.44 | +0.273% | $2K | $44K | 10x | as long as short |
Bybit XMRUSDT
dYdX XMR-USD
KuCoin XMRUSDTM
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Pacifica XMR
Extended XMR-USD
Aster XMRUSDT
Nado XMR-PERP
Paradex XMR-USD-PERP
BloFin XMR-USDT
Hyperliquid XMR
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
SoDEX XMR-USD
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD