XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0855%/8h= +93.6% APRnext payment +$8.55 per $10,000 · paid last 24h +0.019%

Price spread now: BingX against MEXC+0.020%7-day average −0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$470.465% of the position

Long on MEXC Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.029%+$3 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.020%, 7d avg −0.009%

Together, before fees+0.002%$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and BingX is 0.029% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.009%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.55 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	MEXC XMR_USDT	592.76	0.0429	pay 0.0429% / 8h	7h 26m	$21.6M	$15.3M	100x
Short	BingX XMR-USDT	592.88	0.1284	get 0.1284% / 8h	7h 26m	—	$5.8M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against MEXC. 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 MEXCbpFee BingXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $179.55
Price spread: +0.020% → −0.009%: $2.9
Slippage, 4 orders: −$32.54
Fee MEXC: 2 bp × 2 orders: −$4
Fee BingX: 5 bp × 2 orders: −$10
Net: $135.91
Costs to cover: 0.465%
Break-even: 1.7 days

Slippage from MEXC: live order book, 2 min ago; BingX: live order book, 8 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 MEXC live order book, 2 min ago	0.08 bp	4.0 bp −$4	22.7 bp −$227	76.7 bp −$7,666	226.3 bp −$113.2K
Sell BingX live order book, 8 min ago	0.08 bp	10.5 bp −$10	27.9 bp −$279	64.8 bp −$6,478	514.4 bp −$257.2K

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	−0.158%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.675%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0065%	1h	591.70	−0.179%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.45	−0.052%	$1.1M	$659K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	592.10	−0.111%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	589.20	−0.601%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0192%	1h	592.05	−0.120%	$12K	—	3x	as long as short
MEXC XMR_USDTlong	+0.0429%	8h	592.76	long leg	$21.6M	$15.3M	100x
Binance XMRUSDT	+0.0430%	8h	592.75	−0.002%	$54.1M	$166.9M	75x	as long as short
Bitget XMRUSDT	+0.0538%	8h	592.77	+0.002%	$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-USDT	+0.0620%	8h	592.45	−0.052%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0639%	8h	592.48	−0.047%	$656K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0643%	1h	591.61	−0.194%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	592.77	+0.002%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0690%	8h	592.33	−0.073%	$48.6M	$26.0M	50x	as long as short
Variational Omni XMR	+0.0831%	8h	591.92	−0.141%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0872% / S −0.2456%	1h	591.60	−0.195%	$551K	—	100x	as long as short
Gate XMR_USDT	+0.1019%	8h	592.29	−0.079%	$1.6M	$4.6M	50x	as long as short
Orderly PERP_XMR_USDC	+0.1040%	8h	592.75	−0.002%	$43K	$738K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1050%	1h	592.17	−0.100%	$201K	$527K	20x	as long as short
GRVT XMR_USDT_Perp	+0.1138%	8h	590.06	−0.456%	$349K	$804K	10x	as long as short
Paradex XMR-USD-PERP	+0.1225%	8h	592.59	−0.029%	$8K	$4K	20x	as long as short
Polymarket Perps XMR-USD	+0.1233%	1h	592.87	+0.019%	$47K	$1.9M	5x	as long as short
Lighter XMR	+0.1280%	1h	592.76	0.000%	$3.3M	$7.1M	10x	as long as short
BingX XMR-USDTshort	+0.1284%	8h	592.88	+0.020%	—	$5.8M	—
Bybit XMRUSDT	+0.1297%	8h	593.14	+0.064%	$47.8M	$64.5M	75x	as long as short
SoDEX XMR-USD	+0.1351%	1h	592.84	+0.013%	$451K	$3K	5x	as long as short
Nado XMR-PERP	+0.1438%	1h	592.80	+0.008%	$1.3M	$467K	10x	as long as short
Hyperliquid XMR	+0.2051%	1h	593.20	+0.074%	$90.1M	$72.7M	5x	as long as short
Extended XMR-USD	+0.2536%	1h	592.82	+0.011%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2586%	1h	592.21	−0.092%	$1K	$46K	10x	as long as short