Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1465%/8h= +160.4% APRpaid last 24h +0.111%

Price spread now: Extended against Bitget+0.123%7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs+$27as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$420.425% of the position

Long on Bitget Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.696%+$70 on $10k

Price spread, last 7 days−0.089%−$9 · spread now +0.123%, 7d avg −0.046%

Together, before fees+0.606%+ Points / potential airdropExtended: Active · farm board+$61 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$44 a day on $10k at the current rate, and Extended is 0.169% dearer against Bitget than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of −0.046%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.696% in total (about 36.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XMRUSDT	596.39	0.0415	pay 0.0415% / 8h	1h 23m	$9.9M	$14.2M	50x
Short	Extended XMR-USD	597.12	0.1880	get 0.0235% / 1h	23m 07s	$3.1M	$6.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.123%Rate

Funding earned: $307.65
Price spread: +0.123% → −0.046%: $16.93
Slippage, 4 orders: −$25.46
Fee Bitget: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $282.13
Costs to cover: 0.425%
Break-even: 0.6 days

Slippage from Bitget: live order book, just now; Extended: live order book, 6 min ago.

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, just now	4.60 bp	19.3 bp −$19	26.6 bp −$266	doesn't fit	doesn't fit
Sell Extended live order book, 6 min ago	2.43 bp	5.1 bp −$5	10.6 bp −$106	doesn't fit	doesn't fit

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	596.43	+0.006%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.21	+0.137%	$48.5M	$61.6M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	597.29	+0.152%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	596.79	+0.067%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	597.65	+0.212%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0282%	8h	597.79	+0.235%	$6.9M	$2.6M	—	as long as short
MEXC XMR_USDT	+0.0330%	8h	597.06	+0.112%	$22.3M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0333%	8h	597.01	+0.104%	$54.8M	$163.0M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	596.24	−0.026%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0387%	1h	597.57	+0.198%	$271K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0389%	8h	596.42	+0.005%	—	$5.7M	—	as long as short
Bitget XMRUSDTlong	+0.0415%	8h	596.39	long leg	$9.9M	$14.2M	50x
BloFin XMR-USDT	+0.0469%	8h	597.41	+0.171%	$2.8M	$11.5M	75x	as long as short
KuCoin XMRUSDTM	+0.0539%	8h	596.39	0.000%	$48.6M	$25.9M	50x	as long as short
Gate XMR_USDT	+0.0545%	8h	596.66	+0.045%	$1.7M	$4.6M	50x	as long as short
Aster XMRUSDT	+0.0546%	8h	597.34	+0.158%	$681K	$2.4M	75x	as long as short
Lighter XMR	+0.0584%	1h	596.88	+0.083%	$3.4M	$6.9M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0603%	8h	597.88	+0.250%	$355K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	+0.062%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0808% / S −0.1288%	1h	596.13	−0.044%	$331K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.0871%	1h	597.57	+0.198%	$23K	$1.8M	5x	as long as short
Paradex XMR-USD-PERP	+0.0874%	8h	597.36	+0.163%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.0917%	1h	597.25	+0.144%	$454K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0943%	8h	596.96	+0.096%	$44K	$729K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0985%	1h	596.30	−0.015%	$203K	$575K	20x	as long as short
Nado XMR-PERP	+0.1379%	1h	597.51	+0.188%	$1.3M	$482K	10x	as long as short
dYdX XMR-USD	+0.1746%	1h	596.24	−0.026%	$108K	$50K	5x	as long as short
Extended XMR-USDshort	+0.1880%	1h	597.12	+0.123%	$3.1M	$6.8M	25x
Hyperliquid XMR	+0.1966%	1h	597.01	+0.104%	$88.9M	$68.5M	5x	as long as short
HTX XMR-USDT	+0.1994%	8h	594.00	−0.401%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2443%	1h	597.06	+0.112%	$2K	$47K	10x	as long as short