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+0.0071%/8h= +7.8% APRnext payment +$0.71 per $10,000 · paid last 24h +0.069%
Price spread now: BloFin against Bitget−0.112%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$74as in the Price arb table
costs, in and out, $10k−$600.604% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.426%+$43 on $10k
Price spread, last 3 days (all we have)+0.160%+$16 · spread now −0.112%, 7d avg +0.028%
Together, before fees+0.586%+$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.140% cheaper against Bitget than usual: you would sell low and buy high (spread −0.112% now, against its 7-day average of +0.028%). If the spread goes back, that is −$14 on $10k: about 6.6 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.426% in total) that is about 2.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XMRUSDT588.400.0547pay 0.0547% / 8h7h 17m$9.7M$14.5M50x
ShortBloFin XMR-USDT587.740.0618get 0.0618% / 8h7h 17m$2.7M$11.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$14.91
Price spread: −0.112% → +0.028%
−$14.04
Slippage, 4 orders
−$36.42
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$59.55
Costs to cover
0.604%
Break-even
35.0 days
Slippage from Bitget: live order book, 1 min ago; BloFin: 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 Bitget live order book, 1 min ago4.94 bp19.0 bp −$1933.2 bp −$332doesn't fitdoesn't fit
Sell BloFin live order book, 7 min ago2.37 bp10.7 bp −$1119.6 bp −$196doesn'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%1h586.44−0.333%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.421%$3K$4K12xas long as short
dYdX XMR-USD+0.0077%1h586.89−0.257%$106K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h590.84+0.414%$1.0M$661K10xas long as short
SunX XMR-USDT+0.0100%8h587.44−0.163%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h586.66−0.296%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0184%1h587.57−0.141%$12K3xas long as short
Binance XMRUSDT+0.0425%8h586.84−0.265%$53.5M$167.1M75xas long as short
MEXC XMR_USDT+0.0427%8h588.01−0.066%$21.3M$15.3M100xas long as short
Bitget XMRUSDTlong+0.0547%8h588.40long leg$9.7M$14.5M50x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0616%8h587.18−0.207%$652K$2.5M75xas long as short
BloFin XMR-USDTshort+0.0618%8h587.74−0.112%$2.7M$11.5M75x
Kraken Futures PF_XMRUSD+0.0648%1h586.97−0.243%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h587.87−0.090%$278K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0686%8h587.86−0.092%$48.3M$26.1M50xas long as short
Gate XMR_USDT+0.0738%8h587.68−0.122%$1.6M$4.6M50xas long as short
Variational Omni XMR+0.0867%8h591.04+0.448%$6.8M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0869% / S −0.2458%1h586.50−0.323%$547K100xas long as short
GRVT XMR_USDT_Perp+0.0967%8h591.60+0.544%$350K$792K10xas long as short
Backpack XMR_USDC_PERP+0.0968%1h587.54−0.146%$184K$535K20xas long as short
Orderly PERP_XMR_USDC+0.1040%8h587.62−0.133%$42K$739K10xas long as short
Bybit XMRUSDT+0.1107%8h586.27−0.362%$47.2M$64.7M75xas long as short
BingX XMR-USDT+0.1111%8h588.33−0.012%$5.8Mas long as short
Polymarket Perps XMR-USD+0.1120%1h587.54−0.146%$47K$1.9M5xas long as short
SoDEX XMR-USD+0.1198%1h587.73−0.114%$447K$3K5xas long as short
Lighter XMR+0.1208%1h588.05−0.059%$3.3M$7.1M10xas long as short
Paradex XMR-USD-PERP+0.1266%8h587.44−0.163%$8K$4K20xas long as short
Nado XMR-PERP+0.1420%1h587.72−0.115%$1.3M$466K10xas long as short
Hyperliquid XMR+0.1974%1h588.29−0.019%$89.4M$73.0M5xas long as short
Extended XMR-USD+0.2472%1h587.77−0.107%$3.2M$7.9M25xas long as short
Aftermath Perps XMRUSD+0.2647%1h588.82+0.072%$1K$46K10xas long as short