Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0235%/8h= +25.7% APRpaid last 24h +0.102%

Price spread now: Bitget against Aevo−0.029%7-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 Bitget

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. Bitget is 0.029% cheaper against Aevo than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 10 hours of funding at the current rate (+$7 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XMR-PERP	590.83	0.0176	pay 0.0022% / 1h	55m 34s	$12K	—	3x
Short	Bitget XMRUSDT	590.66	0.0411	get 0.0411% / 8h	2h 55m	$9.8M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.029%Rate

Funding earned: $49.35
Price spread: −0.029% → 0.000%: −$2.86
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Bitget: 6 bp × 2 orders: −$12
Net: $18.49
Costs to cover: 0.280%
Break-even: 4.4 days

Slippage unknown: Aevo: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago	4.49 bp	14.2 bp −$14	19.9 bp −$199	doesn't fit	doesn't fit

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
dYdX XMR-USD	0.0000%	1h	589.74	−0.184%	$107K	$49K	5x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	590.05	−0.131%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	554.47	−6.154%	$3K	$5K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	590.41	−0.071%	$47.2M	$60.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	589.88	−0.161%	$213K	$556K	20x	as long as short
edgeX XMRUSDC	+0.0100%	4h	589.80	−0.174%	$1.0M	$671K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.76	−0.181%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERPlong	+0.0176%	1h	590.83	long leg	$12K	—	3x
SoDEX XMR-USD	+0.0290%	1h	590.62	−0.035%	$449K	$4K	5x	as long as short
Polymarket Perps XMR-USD	+0.0309%	1h	590.64	−0.032%	$24K	$1.8M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0320%	1h	590.67	−0.027%	$3.5M	$6.6M	10x	as long as short
Gate XMR_USDT	+0.0329%	8h	590.40	−0.073%	$1.6M	$4.5M	50x	as long as short
Variational Omni XMR	+0.0332%	8h	590.44	−0.065%	$6.9M	$2.8M	—	as long as short
Binance XMRUSDT	+0.0386%	8h	590.77	−0.010%	$54.2M	$161.8M	75x	as long as short
MEXC XMR_USDT	+0.0389%	8h	590.58	−0.042%	$22.6M	$15.1M	100x	as long as short
BingX XMR-USDT	+0.0395%	8h	590.73	−0.017%	—	$5.8M	—	as long as short
Bitget XMRUSDTshort	+0.0411%	8h	590.66	−0.029%	$9.8M	$13.9M	50x
BloFin XMR-USDT	+0.0547%	8h	589.79	−0.176%	$2.5M	$11.2M	75x	as long as short
Aster XMRUSDT	+0.0576%	8h	590.60	−0.039%	$669K	$2.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0617%	1h	589.81	−0.173%	$5.5M	$20.3M	50x	as long as short
KuCoin XMRUSDTM	+0.0618%	8h	590.65	−0.030%	$49.1M	$25.6M	50x	as long as short
Pacifica XMR	+0.0619%	1h	590.93	+0.017%	$268K	$1.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0653%	8h	590.62	−0.035%	$346K	$798K	10x	as long as short
Nado XMR-PERP	+0.0669%	1h	590.88	+0.009%	$1.3M	$477K	10x	as long as short
Paradex XMR-USD-PERP	+0.0737%	8h	590.85	+0.004%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0838% / S −0.1411%	1h	590.05	−0.132%	$351K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0879%	8h	590.67	−0.027%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1136%	1h	590.89	+0.010%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1469%	1h	591.45	+0.105%	$85.6M	$65.1M	5x	as long as short
Aftermath Perps XMRUSD	+0.2223%	1h	590.35	−0.081%	$1K	$47K	10x	as long as short
HTX XMR-USDT	+0.2277%	8h	590.23	−0.101%	$1.1M	$1.4M	20x	as long as short