Funding you earn now, next payment 08:00 UTC−0.0577%/8h= −63.2% APRnext payment −$5.77 per $10,000 · paid last 24h −0.051%
Price spread now: MEXC against Variational Omni+0.046%7-day average +0.004% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.129%−$13 on $10k
+Price spread, last 7 days−0.035%−$3 · spread now +0.046%, 7d avg +0.004%
=Together, before fees−0.164%+ Points / potential airdropVariational Omni: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.041% dearer against Variational Omni than usual: you sell high and buy low (spread +0.046% now, against its 7-day average of +0.004%): +$4 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 4 days (−0.129% in total) that is about 27 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.129% in total (about -13.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.77 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 | Variational Omni XMR | 572.77 | 0.1129 | pay 0.1129% / 8h | 3h 24m | $6.3M | $2.3M | — |
| Short | MEXC XMR_USDT | 573.03 | 0.0552 | get 0.0552% / 8h | 3h 24m | $19.8M | $14.7M | 100x |
Variational Omni XMR
MEXC XMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against Variational Omni. 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
- −$121.25
- Price spread: +0.046% → +0.004%
- $4.11
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$121.14
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; MEXC: live order book, 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 Variational Omni RFQ quote, 5 min ago | 3.05 bp | doesn't fit | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.09 bp | 20.1 bp −$20 | 33.7 bp −$337 | 62.5 bp −$6,249 | 217.7 bp −$108.9K |
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 −0.0003% | 1h | 571.94 | −0.144% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.708% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 573.10 | +0.058% | $1.0M | $643K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 572.25 | −0.091% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 572.87 | +0.018% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0216% | 1h | 572.92 | +0.026% | $12K | — | 3x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0226% | 1h | 571.86 | −0.159% | $5.4M | $19.5M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0266% | 8h | 573.03 | +0.045% | $8K | $4K | 20x | as long as short |
| KuCoin XMRUSDTM | +0.0322% | 8h | 572.14 | −0.110% | $45.0M | $26.4M | 50x | as long as short |
| Gate XMR_USDT | +0.0510% | 8h | 572.36 | −0.071% | $1.5M | $4.5M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
Kraken Futures PF_XMRUSD
Paradex XMR-USD-PERP
KuCoin XMRUSDTM
Gate XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0521% | 8h | 573.42 | +0.114% | $9.4M | $13.5M | 50x | as long as short |
| MEXC XMR_USDTshort | +0.0552% | 8h | 573.03 | +0.046% | $19.8M | $14.7M | 100x | |
| Binance XMRUSDT | +0.0552% | 8h | 573.07 | +0.053% | $52.3M | $163.5M | 75x | as long as short |
| BingX XMR-USDT | +0.0560% | 8h | 573.18 | +0.072% | — | $5.6M | — | as long as short |
| Backpack XMR_USDC_PERP | +0.0574% | 1h | 572.38 | −0.068% | $169K | $532K | 20x | as long as short |
| Lighter XMR | +0.0576% | 1h | 572.84 | +0.013% | $3.1M | $7.5M | 10x | as long as short |
| Bybit XMRUSDT | +0.0622% | 8h | 572.89 | +0.021% | $46.7M | $64.4M | 75x | as long as short |
| Extended XMR-USD | +0.0656% | 1h | 572.84 | +0.012% | $3.1M | $8.3M | 25x | as long as short |
| Pacifica XMR | +0.0682% | 1h | 572.98 | +0.037% | $265K | $1.0M | 10x | as long as short |
| Aster XMRUSDT | +0.0701% | 8h | 572.42 | −0.061% | $638K | $2.3M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0740% | 1h | 572.59 | −0.031% | $25K | $2.2M | 5x | as long as short |
| BloFin XMR-USDT | +0.0908% | 8h | 572.55 | −0.038% | $2.7M | $11.1M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0952% | 8h | 573.58 | +0.141% | $337K | $726K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0989% / S −0.1217% | 1h | 571.54 | −0.215% | $595K | — | 100x | as long as short |
| Nado XMR-PERP | +0.1073% | 1h | 573.00 | +0.040% | $1.3M | $458K | 10x | as long as short |
| dYdX XMR-USD | +0.1086% | 1h | 571.66 | −0.194% | $104K | $44K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.1129% | 8h | 572.85 | +0.014% | $40K | $735K | 10x | as long as short |
| Variational Omni XMRlong | +0.1129% | 8h | 572.77 | long leg | $6.3M | $2.3M | — | |
| Hyperliquid XMR | +0.1253% | 1h | 572.81 | +0.007% | $86.3M | $71.2M | 5x | as long as short |
| SoDEX XMR-USD | +0.1389% | 1h | 573.05 | +0.049% | $436K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1941% | 1h | 572.80 | +0.005% | $1K | $43K | 10x | as long as short |
Bitget XMRUSDT
Binance XMRUSDT
BingX XMR-USDT
Backpack XMR_USDC_PERP
Lighter XMR
Bybit XMRUSDT
Extended XMR-USD
Pacifica XMR
Aster XMRUSDT
Polymarket Perps XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Nado XMR-PERP
dYdX XMR-USD
Orderly PERP_XMR_USDC
Hyperliquid XMR
SoDEX XMR-USD
Aftermath Perps XMRUSD