XMR Funding Rate — live across 16 venues

Compared across 16 supported venues · net of estimated fees · updated every few minutes

Live annualized XMR perpetual funding across all 16 venues Perpia tracks. Right now XMR funding is positive on 16 and negative on 0, ranging from +172.6% on dYdX to +10.9% on Gate.io — a spread of 161.7%. The widest delta-neutral trade is long Gate.io / short dYdX at 158.9% net APR.

venues

paying positive

161.7%

funding spread

Best XMR spread now

158.9%

net APR after fees

Long Gate.io→Short dYdX

size depends on live venue depth — see the real cap in the scanner

XMR funding trend & liquidity

168h of history

161.7%

current gross APR

30.2%

24h average

24.4%

7-day average

$114K

pair OI · lower leg

$30K

24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

XMR funding rate history

30d · 6h buckets · 12 venues

445%0-72.0%

6 Aug5 Sep

XMR — average across 12 venuesAsterBackPackExtendedHyperliquid

Annualized funding, averaged into 6-hour buckets. The bold line is the mean across venues quoting in that bucket; the faint lines are individual venues. Mean over the window: +52.5%. A break in a line means no data was recorded for that stretch, not a zero rate.

XMR funding rate by venue

113 pairs scanned

Venue	Funding APR	Interval
dYdX ↗	+172.6%	1h
Pacifica ↗	+134.0%	1h
Extended ↗	+133.2%	1h
Lighter ↗	+131.4%	8h
Variational ↗	+122.9%	8h
Nado ↗	+120.1%	24h
Bitget ↗	+104.5%	8h
BingX ↗	+99.0%	8h
Bybit ↗	+91.7%	8h
Hyperliquid ↗	+87.3%	1h
Binance ↗	+79.6%	8h
MEXC ↗	+79.6%	8h
Aster ↗	+59.2%	8h
BackPack ↗	+57.9%	1h
KuCoin ↗	+31.3%	8h
Gate.io ↗	+10.9%	8h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Gate.io vs dYdX page.

XMR arbitrage — 30-day backtest

long Gate.io · short dYdX

56.9%

backtested APR

+$467

historical net P&L on $10,000

0.53%

max drawdown

$10,000$10,467

30 days agostarting capital $10,000today

Over the last 30 days, holding long Gate.io / short dYdX would have produced 56.9% APR — versus the 158.9% the live spread implies right now (equity $10,000 → $10,467). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

Loading XMR backtest…

XMR funding — FAQ

Is XMR funding positive right now?

XMR perpetual funding is positive on 16 of 16 venues Perpia tracks. The highest is +172.6% on dYdX; the lowest is +10.9% on Gate.io.

What is the best XMR funding arbitrage right now?

Go long Gate.io and short dYdX for about 158.9% net APR after fees — the widest delta-neutral XMR spread Perpia currently sees.

Which exchange has the highest XMR funding rate?

dYdX, at +172.6% annualized. Funding shifts continuously, so check the live table above before trading.

How XMR funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to XMR

Markets also quoted on both dYdX and Gate.io — the same two exchanges you would already have funded for the XMR trade.

See every spread between them on the dYdX vs Gate.io page.

Open the live scanner →All funding rates Funding by exchange How we calculate this