Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0307%/8h= +33.6% APRpaid last 24h +0.084%

Price spread now: BingX against Aevo−0.041%58s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on BingX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BingX is 0.041% cheaper against Aevo than usual: you would sell low and buy high (spread −0.041% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 11 hours of funding at the current rate (+$9 a day). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XMR-PERP	573.39	0.0200	pay 0.0025% / 1h	39m 23s	$12K	—	3x
Short	BingX XMR-USDT	573.15	0.0507	get 0.0507% / 8h	7h 39m	—	$5.2M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against Aevo. 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 AevobpFee BingXbpOrdersPrice spread, now −0.041%Rate

Funding earned: $64.47
Price spread: −0.041% → 0.000%: −$4.15
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BingX: 5 bp × 2 orders: −$10
Net: $34.32
Costs to cover: 0.260%
Break-even: 3.3 days

Slippage unknown: Aevo: no order-book sample; BingX: live order book, 11 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 Aevo no order-book sample	—	—	—	—	—
Sell BingX live order book, 11 min ago	0.61 bp	11.3 bp −$11	24.1 bp −$241	75.0 bp −$7,500	504.7 bp −$252.3K

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0005%	1h	572.02	−0.239%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.598%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	573.34	−0.008%	$1.0M	$537K	10x	as long as short
Polymarket Perps XMR-USD	+0.0100%	1h	572.24	−0.200%	$30K	$1.6M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	572.78	−0.106%	$2K	$1.2M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.89	−0.087%	$1.1M	$1.1M	20x	as long as short
Bybit XMRUSDT	+0.0144%	8h	573.09	−0.052%	$46.4M	$49.0M	75x	as long as short
Gate XMR_USDT	+0.0148%	8h	572.90	−0.085%	$1.6M	$2.6M	50x	as long as short
Aevo XMR-PERPlong	+0.0200%	1h	573.39	long leg	$12K	—	3x
KuCoin XMRUSDTM	+0.0364%	8h	572.91	−0.083%	$45.3M	$17.6M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended XMR-USD	+0.0368%	1h	573.09	−0.052%	$3.0M	$7.5M	25x	as long as short
Kraken Futures PF_XMRUSD	+0.0371%	1h	572.41	−0.170%	$5.4M	$8.7M	50x	as long as short
Lighter XMR	+0.0384%	1h	572.96	−0.075%	$3.0M	$5.5M	10x	as long as short
Binance XMRUSDT	+0.0483%	8h	573.25	−0.024%	$52.3M	$103.5M	75x	as long as short
MEXC XMR_USDT	+0.0486%	8h	573.18	−0.036%	$20.1M	$9.7M	100x	as long as short
BingX XMR-USDTshort	+0.0507%	8h	573.15	−0.041%	—	$5.2M	—
Bitget XMRUSDT	+0.0543%	8h	573.22	−0.029%	$9.5M	$10.1M	50x	as long as short
Pacifica XMR	+0.0550%	1h	573.25	−0.024%	$269K	$751K	10x	as long as short
Aster XMRUSDT	+0.0610%	8h	572.94	−0.079%	$646K	$1.6M	75x	as long as short
Hyperliquid XMR	+0.0612%	1h	572.99	−0.069%	$86.9M	$58.1M	5x	as long as short
Paradex XMR-USD-PERP	+0.0662%	8h	573.23	−0.027%	$8K	$2K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0725%	8h	573.26	−0.023%	$334K	$631K	10x	as long as short
BloFin XMR-USDT	+0.0787%	8h	573.04	−0.061%	$2.7M	$9.8M	75x	as long as short
Variational Omni XMR	+0.0796%	8h	573.07	−0.055%	$6.2M	$2.3M	—	as long as short
SoDEX XMR-USD	+0.0958%	1h	573.29	−0.017%	$436K	$4K	5x	as long as short
Nado XMR-PERP	+0.0979%	1h	573.15	−0.041%	$1.2M	$311K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1077% / S −0.1372%	1h	572.58	−0.141%	$596K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1098%	8h	572.96	−0.075%	$40K	$423K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1281%	1h	573.02	−0.064%	$136K	$429K	20x	as long as short
dYdX XMR-USD	+0.1533%	1h	572.10	−0.224%	$104K	$28K	5x	as long as short
Aftermath Perps XMRUSD	+0.2032%	1h	573.06	−0.057%	$1K	$38K	10x	as long as short