XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0919%/8h= +100.6% APRnext payment +$9.19 per $10,000 · paid last 24h −0.099%

Price spread now: Bybit against MEXC+0.010%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$70as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$460.458% of the position

Long on MEXC Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.242%−$24 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.010%, 7d avg −0.021%

Together, before fees−0.257%−$26 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 Bybit is 0.031% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.242%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.242% in total (about -12.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.19 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	592.99	0.0426	pay 0.0426% / 8h	7h 28m	$21.5M	$15.2M	100x
Short	Bybit XMRUSDT	593.05	0.1345	get 0.1345% / 8h	7h 28m	$47.8M	$64.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.010%Rate

Funding earned: $193
Price spread: +0.010% → −0.021%: $3.13
Slippage, 4 orders: −$30.79
Fee MEXC: 2 bp × 2 orders: −$4
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $150.34
Costs to cover: 0.458%
Break-even: 1.5 days

Slippage from MEXC: live order book, just now; Bybit: live order book, 1 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, just now	0.08 bp	4.0 bp −$4	22.7 bp −$227	76.7 bp −$7,666	226.3 bp −$113.2K
Sell Bybit live order book, 1 min ago	1.69 bp	12.5 bp −$12	26.4 bp −$264	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	591.90	−0.183%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.636%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0067%	1h	590.58	−0.406%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.20	−0.134%	$1.1M	$662K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	592.20	−0.133%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	590.36	−0.444%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0192%	1h	592.79	−0.033%	$12K	—	3x	as long as short
MEXC XMR_USDTlong	+0.0426%	8h	592.99	long leg	$21.5M	$15.2M	100x
Binance XMRUSDT	+0.0430%	8h	592.99	0.000%	$54.1M	$166.9M	75x	as long as short
Bitget XMRUSDT	+0.0538%	8h	592.77	−0.037%	$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	+0.0608%	8h	592.34	−0.110%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0639%	8h	592.39	−0.102%	$656K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0643%	1h	591.78	−0.204%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	592.98	−0.002%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0688%	8h	592.61	−0.064%	$48.7M	$26.0M	50x	as long as short
Variational Omni XMR	+0.0831%	8h	591.92	−0.180%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0872% / S −0.2456%	1h	591.56	−0.241%	$551K	—	100x	as long as short
Gate XMR_USDT	+0.1015%	8h	592.76	−0.039%	$1.6M	$4.6M	50x	as long as short
Backpack XMR_USDC_PERP	+0.1016%	1h	592.13	−0.145%	$201K	$527K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1038%	8h	592.77	−0.037%	$43K	$738K	10x	as long as short
GRVT XMR_USDT_Perp	+0.1138%	8h	590.06	−0.495%	$349K	$804K	10x	as long as short
Paradex XMR-USD-PERP	+0.1221%	8h	592.53	−0.077%	$8K	$4K	20x	as long as short
Polymarket Perps XMR-USD	+0.1248%	1h	592.89	−0.017%	$47K	$1.9M	5x	as long as short
Lighter XMR	+0.1272%	1h	592.86	−0.022%	$3.3M	$7.1M	10x	as long as short
Bybit XMRUSDTshort	+0.1345%	8h	593.05	+0.010%	$47.8M	$64.6M	75x
SoDEX XMR-USD	+0.1383%	1h	593.03	+0.007%	$451K	$3K	5x	as long as short
BingX XMR-USDT	+0.1394%	8h	592.99	0.000%	—	$5.8M	—	as long as short
Nado XMR-PERP	+0.1441%	1h	592.91	−0.013%	$1.3M	$467K	10x	as long as short
Hyperliquid XMR	+0.2072%	1h	593.12	+0.022%	$90.0M	$72.7M	5x	as long as short
Extended XMR-USD	+0.2528%	1h	592.88	−0.018%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2581%	1h	591.99	−0.168%	$1K	$46K	10x	as long as short