Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0709%/8h= −77.6% APRpaid last 24h −0.163%

Price spread now: gTrade (Gains Network) against Bitget+0.072%7-day average — · you sell dearer than you buy

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

Long on Bitget Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. gTrade (Gains Network) is 0.072% dearer against Bitget than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$21 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XMRUSDT	568.85	0.0713	pay 0.0713% / 8h	5h 57m	$9.1M	$8.8M	50x
Short	gTrade (Gains Network) XMR/USD	569.26	L +0.0010% / S −0.0004%	get 0.0001% / 1h	57m 58s	$33K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.072%Rate

Funding earned: −$148.81
Price spread: +0.072% → 0.000%: $7.17
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$165.64
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 3 min ago; gTrade (Gains Network): 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, 3 min ago	3.60 bp	11.1 bp −$11	16.8 bp −$168	85.9 bp −$8,590	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 exchanges

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/USDshort	L +0.0010% / S −0.0004%	1h	569.26	+0.072%	$33K	—	150x
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.408%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	570.11	+0.222%	$1.0M	$469K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	569.71	+0.151%	$2K	$874K	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	570.69	+0.323%	$1.1M	$932K	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	570.41	+0.273%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0278%	1h	570.26	+0.248%	$30K	$1.5M	5x	as long as short
Lighter XMR	+0.0376%	1h	570.19	+0.236%	$3.0M	$4.5M	10x	as long as short
Binance XMRUSDT	+0.0474%	8h	569.37	+0.092%	$52.3M	$80.8M	75x	as long as short
MEXC XMR_USDT	+0.0476%	8h	569.02	+0.030%	$19.6M	$7.2M	100x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XMR	+0.0476%	1h	569.70	+0.149%	$86.7M	$52.1M	5x	as long as short
Aster XMRUSDT	+0.0515%	8h	569.48	+0.110%	$659K	$1.2M	75x	as long as short
Bybit XMRUSDT	+0.0571%	8h	569.10	+0.044%	$46.2M	$41.3M	75x	as long as short
Gate XMR_USDT	+0.0577%	8h	570.21	+0.239%	$1.5M	$2.2M	50x	as long as short
KuCoin XMRUSDTM	+0.0595%	8h	569.00	+0.026%	$45.8M	$14.9M	50x	as long as short
Extended XMR-USD	+0.0624%	1h	568.82	−0.005%	$3.0M	$6.4M	25x	as long as short
Kraken Futures PF_XMRUSD	+0.0656%	1h	569.12	+0.047%	$5.4M	$6.4M	50x	as long as short
BingX XMR-USDT	+0.0675%	8h	569.10	+0.044%	—	$4.6M	—	as long as short
SoDEX XMR-USD	+0.0685%	1h	570.26	+0.248%	$433K	$4K	5x	as long as short
Bitget XMRUSDTlong	+0.0713%	8h	568.85	long leg	$9.1M	$8.8M	50x
Paradex XMR-USD-PERP	+0.0718%	8h	570.61	+0.309%	$8K	$1K	20x	as long as short
Pacifica XMR	+0.0759%	1h	570.65	+0.316%	$269K	$609K	10x	as long as short
BloFin XMR-USDT	+0.0764%	8h	570.58	+0.304%	$2.7M	$9.1M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0783%	8h	570.14	+0.228%	$336K	$671K	10x	as long as short
Nado XMR-PERP	+0.0820%	1h	570.43	+0.279%	$1.2M	$167K	10x	as long as short
Variational Omni XMR	+0.0837%	8h	570.18	+0.234%	$6.1M	$2.2M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0937% / S −0.1108%	1h	569.43	+0.102%	$592K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1060%	8h	570.13	+0.225%	$41K	$311K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1176%	1h	569.80	+0.167%	$128K	$407K	20x	as long as short
Aftermath Perps XMRUSD	+0.2125%	1h	570.38	+0.269%	$2K	$37K	10x	as long as short
dYdX XMR-USD	+0.6646%	1h	570.29	+0.254%	$103K	$24K	5x	as long as short