Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0059%/8h= −6.5% APRnext payment $0.59 per $10,000 · paid last 24h −0.020%
Price spread now: Bitget against BingX−0.087%7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$700.698% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.109%−$11 on $10k
Price spread, last 7 days+0.127%+$13 · spread now −0.087%, 7d avg 0.000%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.088% cheaper against BingX than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT582.960.0671pay 0.0671% / 8h5h 44m$5.7M
ShortBitget XMRUSDT582.450.0612get 0.0612% / 8h5h 44m$9.5M$14.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against BingX. 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

Funding earned
−$12.39
Price spread: −0.087% → 0.000%
−$8.77
Slippage, 4 orders
−$47.75
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$90.91
Costs to cover
0.698%
Break-even
never at this rate
Slippage from BingX: live order book, 5 min ago; Bitget: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 5 min ago1.54 bp15.9 bp −$1629.2 bp −$292119.1 bp −$11.9Kdoesn't fit
Sell Bitget live order book, 4 min ago2.92 bp20.1 bp −$2037.6 bp −$376doesn't fitdoesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0010%1h581.55−0.242%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+2.367%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h582.86−0.018%$1.0M$663K10xas long as short
SunX XMR-USDT+0.0100%8h581.87−0.187%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h581.00−0.336%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h582.83−0.022%$12K3xas long as short
Polymarket Perps XMR-USD+0.0421%1h582.36−0.103%$31K$2.1M5xas long as short
dYdX XMR-USD+0.0430%1h581.17−0.307%$105K$50K5xas long as short
MEXC XMR_USDT+0.0513%8h582.79−0.029%$20.7M$15.2M100xas long as short
Binance XMRUSDT+0.0513%8h582.82−0.024%$53.0M$166.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack XMR_USDC_PERP+0.0521%1h582.23−0.125%$171K$539K20xas long as short
Lighter XMR+0.0544%1h582.48−0.082%$3.3M$7.1M10xas long as short
Bitget XMRUSDTshort+0.0612%8h582.45−0.087%$9.5M$14.1M50x
Gate XMR_USDT+0.0625%8h581.98−0.168%$1.6M$4.5M50xas long as short
BingX XMR-USDTlong+0.0671%8h582.96long leg$5.7M
Bybit XMRUSDT+0.0672%8h582.69−0.046%$47.3M$64.8M75xas long as short
Aster XMRUSDT+0.0699%8h582.40−0.096%$649K$2.4M75xas long as short
KuCoin XMRUSDTM+0.0773%8h582.09−0.149%$47.8M$26.1M50xas long as short
BloFin XMR-USDT+0.0793%8h582.78−0.031%$11.4M75xas long as short
Kraken Futures PF_XMRUSD+0.0959%1h581.64−0.226%$5.5M$19.7M50xas long as short
GRVT XMR_USDT_Perp+0.0982%8h581.71−0.214%$344K$786K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0993% / S −0.1299%1h581.19−0.303%$648K100xas long as short
Pacifica XMR+0.0996%1h582.72−0.042%$263K$1.1M10xas long as short
Nado XMR-PERP+0.1001%1h582.32−0.109%$1.3M$463K10xas long as short
Paradex XMR-USD-PERP+0.1031%8h582.38−0.099%$8K$4K20xas long as short
Variational Omni XMR+0.1069%8h581.83−0.193%$6.6M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1087%8h582.62−0.058%$42K$736K10xas long as short
Hyperliquid XMR+0.1124%1h582.67−0.050%$87.6M$71.9M5xas long as short
SoDEX XMR-USD+0.1290%1h582.83−0.022%$443K$3K5xas long as short
Extended XMR-USD+0.1432%1h582.83−0.023%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2614%1h582.67−0.050%$1K$46K10xas long as short