Funding you earn now, next payment 05:00 UTC+0.0215%/8h= +23.6% APRpaid last 24h +0.046%
Price spread now: Polymarket Perps against MEXC−0.054%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 7 days+0.364%+$36 on $10k
+Price spread, last 7 days+0.050%+$5 · spread now −0.054%, 7d avg −0.019%
=Funding pays, the price is against you. Polymarket Perps is 0.035% cheaper against MEXC than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of −0.019%). If the spread goes back, that is −$3 on $10k: about 13 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XMR_USDT | 574.60 | 0.0520 | pay 0.0520% / 8h | 3h 47m | $19.9M | $14.7M | 100x |
| Short | Polymarket Perps XMR-USD | 574.29 | 0.0735 | get 0.0092% / 1h | 47m 59s | $28K | $2.2M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against MEXC. 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
- $45.23
- Price spread: −0.054% → −0.019%
- −$3.47
- Slippage, 4 orders
- −$20.71
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- $9.05
- Costs to cover
- 0.327%
- Break-even
- 5.6 days
Slippage from MEXC: live order book, 1 min ago; Polymarket Perps: live order book, 6 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, 1 min ago | 0.09 bp | 9.9 bp −$10 | 30.8 bp −$308 | 79.8 bp −$7,984 | 231.2 bp −$115.6K |
| Sell Polymarket Perps live order book, 6 min ago | 2.35 bp | 7.1 bp −$7 | 7.4 bp −$74 | 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 −0.0008% | 1h | 573.26 | −0.233% | $50K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.384% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.00 | +0.244% | $1.0M | $645K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 573.95 | −0.113% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 574.61 | +0.002% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 574.34 | −0.045% | $12K | — | 3x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0226% | 1h | 572.86 | −0.303% | $5.4M | $19.4M | 50x | as long as short |
| dYdX XMR-USD | +0.0296% | 1h | 573.81 | −0.138% | $104K | $44K | 5x | as long as short |
| KuCoin XMRUSDTM | +0.0376% | 8h | 573.72 | −0.153% | $44.9M | $26.4M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0437% | 1h | 573.94 | −0.115% | $169K | $533K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XMR | +0.0448% | 1h | 574.32 | −0.049% | $3.2M | $7.5M | 10x | as long as short |
| Gate XMR_USDT | +0.0476% | 8h | 574.04 | −0.097% | $1.6M | $4.5M | 50x | as long as short |
| BingX XMR-USDT | +0.0493% | 8h | 574.58 | −0.003% | — | $5.6M | — | as long as short |
| Bitget XMRUSDT | +0.0507% | 8h | 574.31 | −0.050% | $9.4M | $13.6M | 50x | as long as short |
| Bybit XMRUSDT | +0.0510% | 8h | 574.32 | −0.049% | $46.8M | $64.4M | 75x | as long as short |
| Binance XMRUSDT | +0.0520% | 8h | 574.39 | −0.037% | $52.5M | $164.1M | 75x | as long as short |
| MEXC XMR_USDTlong | +0.0520% | 8h | 574.60 | long leg | $19.9M | $14.7M | 100x | |
| Pacifica XMR | +0.0682% | 1h | 574.21 | −0.067% | $265K | $1.0M | 10x | as long as short |
| Aster XMRUSDT | +0.0684% | 8h | 573.76 | −0.147% | $636K | $2.3M | 75x | as long as short |
| Extended XMR-USD | +0.0712% | 1h | 574.24 | −0.062% | $3.1M | $8.4M | 25x | as long as short |
| Polymarket Perps XMR-USDshort | +0.0735% | 1h | 574.29 | −0.054% | $28K | $2.2M | 5x | |
| BloFin XMR-USDT | +0.0851% | 8h | 574.43 | −0.030% | $2.7M | $11.2M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0920% | 8h | 576.31 | +0.298% | $338K | $728K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0928% | 8h | 574.42 | −0.032% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0988% / S −0.1254% | 1h | 573.05 | −0.270% | $590K | — | 100x | as long as short |
| Variational Omni XMR | +0.1074% | 8h | 575.80 | +0.209% | $6.5M | $2.2M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1126% | 8h | 574.16 | −0.077% | $40K | $735K | 10x | as long as short |
| Hyperliquid XMR | +0.1184% | 1h | 574.32 | −0.049% | $86.3M | $71.2M | 5x | as long as short |
| Nado XMR-PERP | +0.1221% | 1h | 574.61 | +0.002% | $1.3M | $460K | 10x | as long as short |
| SoDEX XMR-USD | +0.1351% | 1h | 574.41 | −0.033% | $437K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1938% | 1h | 574.56 | −0.006% | $1K | $44K | 10x | as long as short |
MEXC XMR_USDT
Polymarket Perps XMR-USD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
KuCoin XMRUSDTM
Backpack XMR_USDC_PERP
Lighter XMR
Gate XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Bybit XMRUSDT
Binance XMRUSDT
Pacifica XMR
Aster XMRUSDT
Extended XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Hyperliquid XMR
SoDEX XMR-USD
Aftermath Perps XMRUSD