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−0.0274%/8h= −30.0% APRnext payment $2.74 per $10,000 · paid last 24h −0.152%
Price spread now: SunX against BingX−0.255%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$104as in the Price arb table
costs, in and out, $10k−$890.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.364%−$36 on $10k
Price spread, last 3 days (all we have)+0.152%+$15 · spread now −0.255%, 7d avg −0.101%
Together, before fees−0.213%−$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.154% cheaper against BingX than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of −0.101%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT597.080.0374pay 0.0374% / 8h1h 38m$5.8M
ShortSunX XMR-USDT595.560.0100get 0.0100% / 8h1h 38m$2K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$57.54
Price spread: −0.255% → −0.101%
−$15.37
Slippage, 4 orders
−$70.72
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$161.63
Costs to cover
0.887%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; SunX: live order book, 7 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, 12 min ago0.59 bp12.6 bp −$1321.7 bp −$217114.7 bp −$11.5K789.3 bp −$394.6K
Sell SunX live order book, 7 min ago13.92 bp27.1 bp −$27doesn't fitdoesn'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%1h595.16−0.321%$44K150xas long as short
Bybit XMRUSDT+0.0100%8h596.81−0.045%$48.3M$61.5M75xas long as short
edgeX XMRUSDC+0.0100%4h597.44+0.060%$1.1M$663K10xas long as short
SunX XMR-USDTshort+0.0100%8h595.56−0.255%$2K$1.9M20x
Aevo XMR-PERP+0.0160%1h594.68−0.402%$12K3xas long as short
Variational Omni XMR+0.0248%8h598.02+0.157%$6.9M$2.7Mas long as short
Binance XMRUSDT+0.0326%8h597.06−0.004%$54.8M$162.7M75xas long as short
MEXC XMR_USDT+0.0327%8h596.83−0.042%$22.4M$15.0M100xas long as short
BingX XMR-USDTlong+0.0374%8h597.08long leg$5.8M
Kraken Futures PF_XMRUSD+0.0382%1h595.32−0.294%$5.7M$20.4M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica XMR+0.0387%1h597.09+0.002%$271K$1.0M10xas long as short
Bitget XMRUSDT+0.0397%8h597.28+0.033%$10.0M$14.2M50xas long as short
BloFin XMR-USDT+0.0469%8h596.23−0.142%$2.8M$11.5M75xas long as short
Gate XMR_USDT+0.0501%8h595.90−0.198%$1.6M$4.5M50xas long as short
Aster XMRUSDT+0.0531%8h596.74−0.057%$674K$2.3M75xas long as short
KuCoin XMRUSDTM+0.0544%8h596.30−0.131%$48.7M$25.8M50xas long as short
GRVT XMR_USDT_Perp+0.0597%8h597.57+0.082%$355K$785K10xas long as short
Injective XMR/USDC PERP+0.0695%1h591.89−0.869%$3K$6K12xas long as short
Lighter XMR+0.0728%1h596.75−0.056%$3.5M$6.7M10xas long as short
Polymarket Perps XMR-USD+0.0783%1h596.58−0.084%$23K$1.8M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0822% / S −0.1341%1h595.04−0.342%$341K100xas long as short
Paradex XMR-USD-PERP+0.0853%8h596.83−0.042%$8K$4K20xas long as short
SoDEX XMR-USD+0.0866%1h596.22−0.144%$453K$3K5xas long as short
Orderly PERP_XMR_USDC+0.0919%8h596.28−0.134%$49K$720K10xas long as short
Backpack XMR_USDC_PERP+0.1001%1h595.78−0.218%$203K$575K20xas long as short
dYdX XMR-USD+0.1420%1h594.52−0.429%$108K$50K5xas long as short
Nado XMR-PERP+0.1538%1h596.27−0.135%$1.3M$480K10xas long as short
Extended XMR-USD+0.1792%1h596.84−0.040%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1935%1h597.42+0.057%$88.6M$67.5M5xas long as short
HTX XMR-USDT+0.2101%8h594.96−0.355%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2454%1h596.66−0.070%$2K$47K10xas long as short