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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.060%
Price spread now: BloFin against BingX+0.042%96s7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$480.481% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.326%+$33 on $10k
Price spread, last 3 days (all we have)+0.012%+$1 · spread now +0.042%, 7d avg +0.016%
Together, before fees+0.338%+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.026% dearer against BingX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 96 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT597.160.0394pay 0.0394% / 8h1h 21m$5.7M
ShortBloFin XMR-USDT597.410.0469get 0.0469% / 8h1h 21m$2.8M$11.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$15.75
Price spread: +0.042% → +0.016%
$2.59
Slippage, 4 orders
−$26.09
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$29.74
Costs to cover
0.481%
Break-even
20.2 days
Slippage from BingX: live order book, 4 min ago; BloFin: live order book, 2 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, 4 min ago0.58 bp11.2 bp −$1124.0 bp −$240110.5 bp −$11.1K749.5 bp −$374.7K
Sell BloFin live order book, 2 min ago2.26 bp10.5 bp −$1020.2 bp −$202doesn'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 −0.0009%1h595.66−0.252%$44K150xas long as short
Bybit XMRUSDT+0.0100%8h596.50−0.111%$48.4M$61.7M75xas long as short
edgeX XMRUSDC+0.0100%4h597.29+0.022%$1.1M$664K10xas long as short
SunX XMR-USDT+0.0100%8h596.17−0.166%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h596.79−0.061%$12K3xas long as short
Variational Omni XMR+0.0282%8h597.79+0.106%$6.9M$2.6Mas long as short
Binance XMRUSDT+0.0331%8h597.08−0.013%$54.8M$163.0M75xas long as short
MEXC XMR_USDT+0.0333%8h597.17+0.002%$22.3M$15.0M100xas long as short
Kraken Futures PF_XMRUSD+0.0382%1h595.76−0.234%$5.7M$20.4M50xas long as short
Pacifica XMR+0.0387%1h597.03−0.022%$271K$1.0M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XMR-USDTlong+0.0394%8h597.16long leg$5.7M
Bitget XMRUSDT+0.0416%8h596.86−0.050%$9.9M$14.2M50xas long as short
BloFin XMR-USDTshort+0.0469%8h597.41+0.042%$2.8M$11.5M75x
Gate XMR_USDT+0.0541%8h596.67−0.082%$1.7M$4.6M50xas long as short
KuCoin XMRUSDTM+0.0541%8h596.66−0.084%$48.6M$25.9M50xas long as short
Aster XMRUSDT+0.0545%8h596.03−0.189%$679K$2.4M75xas long as short
Lighter XMR+0.0592%1h596.75−0.069%$3.4M$6.9M10xas long as short
GRVT XMR_USDT_Perp+0.0603%8h597.88+0.121%$355K$785K10xas long as short
Injective XMR/USDC PERP+0.0695%1h596.76−0.067%$3K$6K12xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0808% / S −0.1288%1h595.44−0.288%$330K100xas long as short
Paradex XMR-USD-PERP+0.0879%8h597.05−0.018%$8K$4K20xas long as short
Polymarket Perps XMR-USD+0.0879%1h597.29+0.022%$23K$1.8M5xas long as short
SoDEX XMR-USD+0.0917%1h596.69−0.079%$453K$3K5xas long as short
Orderly PERP_XMR_USDC+0.0944%8h596.61−0.092%$44K$729K10xas long as short
Backpack XMR_USDC_PERP+0.0981%1h596.11−0.176%$203K$575K20xas long as short
Nado XMR-PERP+0.1369%1h596.44−0.121%$1.3M$482K10xas long as short
dYdX XMR-USD+0.1779%1h596.25−0.152%$108K$50K5xas long as short
Extended XMR-USD+0.1880%1h597.01−0.025%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1942%1h597.29+0.022%$88.9M$68.6M5xas long as short
HTX XMR-USDT+0.1982%8h595.19−0.330%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2443%1h596.70−0.077%$2K$47K10xas long as short