Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0159%/8h= −17.4% APRpaid last 24h −0.140%

Price spread now: Aevo against Binance−0.104%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

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

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aevo is 0.104% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XMRUSDT	597.65	0.0327	pay 0.0327% / 8h	1h 42m	$54.9M	$162.8M	75x
Short	Aevo XMR-PERP	597.03	0.0168	get 0.0021% / 1h	42m 48s	$12K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.104%Rate

Funding earned: −$33.43
Price spread: −0.104% → 0.000%: −$10.37
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$69.8
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 15 min ago; Aevo: 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 Binance live order book, 15 min ago	0.33 bp	12.6 bp −$13	24.0 bp −$240	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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 −0.0009%	1h	596.74	−0.152%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.82	+0.028%	$48.4M	$61.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	596.23	−0.237%	$1.1M	$667K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	596.33	−0.221%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERPshort	+0.0168%	1h	597.03	−0.104%	$12K	—	3x
Variational Omni XMR	+0.0246%	8h	597.79	+0.023%	$6.9M	$2.7M	—	as long as short
Binance XMRUSDTlong	+0.0327%	8h	597.65	long leg	$54.9M	$162.8M	75x
MEXC XMR_USDT	+0.0329%	8h	597.74	+0.015%	$22.4M	$15.0M	100x	as long as short
BingX XMR-USDT	+0.0374%	8h	597.41	−0.040%	—	$5.7M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	596.71	−0.157%	$5.7M	$20.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica XMR	+0.0387%	1h	596.94	−0.119%	$271K	$1.0M	10x	as long as short
Bitget XMRUSDT	+0.0395%	8h	597.92	+0.045%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0469%	8h	597.73	+0.013%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0482%	8h	596.81	−0.141%	$1.6M	$4.5M	50x	as long as short
Aster XMRUSDT	+0.0526%	8h	597.19	−0.077%	$671K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0557%	8h	597.05	−0.100%	$48.8M	$25.8M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0593%	8h	595.66	−0.333%	$354K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	591.89	−0.964%	$3K	$6K	12x	as long as short
Polymarket Perps XMR-USD	+0.0744%	1h	597.78	+0.022%	$23K	$1.8M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0823% / S −0.1341%	1h	596.43	−0.203%	$341K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0865%	8h	596.57	−0.180%	$8K	$4K	20x	as long as short
Lighter XMR	+0.0872%	1h	597.41	−0.039%	$3.5M	$6.7M	10x	as long as short
SoDEX XMR-USD	+0.0874%	1h	597.51	−0.023%	$454K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0910%	8h	597.04	−0.102%	$48K	$720K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0956%	1h	597.17	−0.080%	$203K	$575K	20x	as long as short
dYdX XMR-USD	+0.1371%	1h	595.26	−0.399%	$108K	$50K	5x	as long as short
Nado XMR-PERP	+0.1577%	1h	597.36	−0.048%	$1.3M	$480K	10x	as long as short
Extended XMR-USD	+0.1760%	1h	597.74	+0.016%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1843%	1h	598.24	+0.099%	$88.6M	$67.5M	5x	as long as short
HTX XMR-USDT	+0.2120%	8h	594.96	−0.450%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2451%	1h	596.62	−0.173%	$2K	$47K	10x	as long as short