Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0777%/8h= +85.1% APRpaid last 24h +0.344%

Price spread now: Orderly against Aevo−0.102%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 Orderly

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. Orderly is 0.102% cheaper against Aevo than usual: you would sell low and buy high (spread −0.102% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 10 hours of funding at the current rate (+$23 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XMR-PERP	595.93	0.0168	pay 0.0021% / 1h	21m 19s	$12K	—	3x
Short	Orderly PERP_XMR_USDC	595.33	0.0945	get 0.0945% / 8h	1h 21m	$43K	$729K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now −0.102%Rate

Funding earned: $163.27
Price spread: −0.102% → 0.000%: −$10.15
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Orderly: 3 bp × 2 orders: −$6
Net: $131.12
Costs to cover: 0.220%
Break-even: 1.4 days

Slippage unknown: Aevo: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample	—	—	—	—	—

Aevo and Orderly: 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 −0.0009%	1h	594.74	−0.200%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	595.62	−0.053%	$48.4M	$61.7M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	597.29	+0.228%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	594.76	−0.197%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERPlong	+0.0168%	1h	595.93	long leg	$12K	—	3x
Variational Omni XMR	+0.0282%	8h	597.79	+0.311%	$6.9M	$2.6M	—	as long as short
Binance XMRUSDT	+0.0331%	8h	595.99	+0.009%	$54.7M	$163.0M	75x	as long as short
MEXC XMR_USDT	+0.0333%	8h	596.50	+0.095%	$22.3M	$15.0M	100x	as long as short
Kraken Futures PF_XMRUSD	+0.0383%	1h	594.23	−0.287%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0387%	1h	597.03	+0.184%	$271K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0394%	8h	595.56	−0.063%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0416%	8h	595.61	−0.055%	$9.9M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0469%	8h	597.41	+0.248%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0541%	8h	595.37	−0.095%	$1.7M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0541%	8h	595.86	−0.013%	$48.5M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0545%	8h	596.22	+0.048%	$680K	$2.4M	75x	as long as short
Lighter XMR	+0.0592%	1h	596.75	+0.136%	$3.4M	$6.9M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0603%	8h	597.88	+0.326%	$355K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	+0.138%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0807% / S −0.1288%	1h	594.61	−0.223%	$330K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0879%	8h	597.05	+0.188%	$8K	$4K	20x	as long as short
Polymarket Perps XMR-USD	+0.0879%	1h	597.29	+0.227%	$23K	$1.8M	5x	as long as short
SoDEX XMR-USD	+0.0918%	1h	595.48	−0.076%	$453K	$3K	5x	as long as short
Orderly PERP_XMR_USDCshort	+0.0945%	8h	595.33	−0.102%	$43K	$729K	10x
Backpack XMR_USDC_PERP	+0.0981%	1h	596.11	+0.029%	$203K	$575K	20x	as long as short
Nado XMR-PERP	+0.1369%	1h	596.44	+0.084%	$1.3M	$482K	10x	as long as short
dYdX XMR-USD	+0.1779%	1h	596.25	+0.053%	$108K	$50K	5x	as long as short
Extended XMR-USD	+0.1896%	1h	595.38	−0.093%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1942%	1h	597.29	+0.227%	$88.9M	$68.6M	5x	as long as short
HTX XMR-USDT	+0.1976%	8h	594.78	−0.194%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2447%	1h	596.73	+0.134%	$2K	$47K	10x	as long as short