Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0323%/8h= −35.4% APRpaid last 24h −0.127%

Price spread now: Aevo against Bitget−0.142%7-day average — · you buy dearer than you sell

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

Long on Bitget 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 −$10 a day on $10k at the current rate, and Aevo is 0.142% cheaper against Bitget than usual: you would sell low and buy high (−$14 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	Bitget XMRUSDT	590.96	0.0507	pay 0.0507% / 8h	7h 42m	$9.7M	$14.6M	50x
Short	Aevo XMR-PERP	590.12	0.0184	get 0.0023% / 1h	42m 05s	$12K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bitget. 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 BitgetbpFee AevobpOrdersPrice spread, now −0.142%Rate

Funding earned: −$67.83
Price spread: −0.142% → 0.000%: −$14.19
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$110.02
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 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 Bitget live order book, 2 min ago	4.15 bp	13.0 bp −$13	22.3 bp −$223	77.9 bp −$7,789	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	589.18	−0.302%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.981%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	588.55	−0.408%	$1.0M	$661K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.51	−0.245%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	589.86	−0.186%	$1.1M	$1.5M	20x	as long as short
dYdX XMR-USD	+0.0107%	1h	588.60	−0.400%	$107K	$50K	5x	as long as short
Aevo XMR-PERPshort	+0.0184%	1h	590.12	−0.142%	$12K	—	3x
MEXC XMR_USDT	+0.0398%	8h	591.32	+0.061%	$21.5M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0400%	8h	591.33	+0.063%	$54.1M	$166.7M	75x	as long as short
Bitget XMRUSDTlong	+0.0507%	8h	590.96	long leg	$9.7M	$14.6M	50x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0578%	8h	589.75	−0.205%	$2.8M	$11.6M	75x	as long as short
Aster XMRUSDT	+0.0617%	8h	590.00	−0.163%	$652K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0645%	1h	589.90	−0.179%	$5.6M	$20.5M	50x	as long as short
KuCoin XMRUSDTM	+0.0653%	8h	590.12	−0.142%	$48.2M	$26.2M	50x	as long as short
Pacifica XMR	+0.0659%	1h	590.00	−0.163%	$277K	$1.1M	10x	as long as short
Variational Omni XMR	+0.0741%	8h	586.88	−0.691%	$6.7M	$2.6M	—	as long as short
Backpack XMR_USDC_PERP	+0.0795%	1h	590.40	−0.095%	$200K	$550K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0869% / S −0.2452%	1h	588.83	−0.360%	$548K	—	100x	as long as short
Gate XMR_USDT	+0.0975%	8h	590.39	−0.096%	$1.6M	$4.6M	50x	as long as short
Orderly PERP_XMR_USDC	+0.1012%	8h	590.04	−0.156%	$42K	$737K	10x	as long as short
Paradex XMR-USD-PERP	+0.1078%	8h	589.71	−0.211%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1200%	1h	590.90	−0.010%	$3.3M	$7.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1244%	8h	590.64	−0.054%	$346K	$805K	10x	as long as short
Nado XMR-PERP	+0.1346%	1h	589.94	−0.173%	$1.3M	$466K	10x	as long as short
Polymarket Perps XMR-USD	+0.1363%	1h	590.15	−0.137%	$48K	$1.9M	5x	as long as short
SoDEX XMR-USD	+0.1474%	1h	590.50	−0.078%	$449K	$3K	5x	as long as short
BingX XMR-USDT	+0.1547%	8h	591.51	+0.093%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1599%	8h	591.53	+0.096%	$47.6M	$64.6M	75x	as long as short
Hyperliquid XMR	+0.1974%	1h	591.57	+0.103%	$89.3M	$73.0M	5x	as long as short
Extended XMR-USD	+0.2360%	1h	590.57	−0.066%	$3.2M	$7.3M	25x	as long as short
Aftermath Perps XMRUSD	+0.2489%	1h	589.77	−0.202%	$1K	$46K	10x	as long as short