Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1020%/8h= +111.7% APRpaid last 24h +0.100%
Price spread now: GMX against Bitget−0.183%7-day average −0.191% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.332%+$33 on $10k
Price spread, last 3 days (all we have)−0.037%−$4 · spread now −0.183%, 7d avg −0.191%
Together, before fees+0.295%+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.191%, so right now this pair is about funding alone: +$31 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XMRUSDT595.350.0391pay 0.0391% / 8h2h 37m$9.9M$14.0M50x
ShortGMX XMR/USD [WBTC.b-USDC]594.26L +0.0841% / S −0.1411%get 0.0176% / 1h37m 03s$353K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX 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
$214.13
Price spread: −0.183% → −0.191%
$0.79
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee GMX: 6 bp × 2 orders
−$12
Net
$190.91
Costs to cover
0.240%
Break-even
0.8 days
Slippage unknown: Bitget: live order book, 2 min ago; GMX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago3.95 bp19.6 bp −$2029.7 bp −$29786.0 bp −$8,599doesn't fit
Sell GMX no order-book sample
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h594.58−0.129%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h591.89−0.581%$3K$6K12xas long as short
Bybit XMRUSDT+0.0100%8h594.92−0.072%$47.6M$60.8M75xas long as short
edgeX XMRUSDC+0.0100%4h593.32−0.341%$1.1M$672K10xas long as short
SunX XMR-USDT+0.0100%8h594.64−0.119%$2K$1.9M20xas long as short
Backpack XMR_USDC_PERP+0.0122%1h594.84−0.086%$203K$569K20xas long as short
Aevo XMR-PERP+0.0176%1h595.00−0.059%$12K3xas long as short
Polymarket Perps XMR-USD+0.0190%1h595.28−0.012%$24K$1.8M5xas long as short
Lighter XMR+0.0216%1h595.12−0.039%$3.5M$6.7M10xas long as short
dYdX XMR-USD+0.0266%1h594.39−0.161%$108K$50K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX XMR-USD+0.0274%1h595.28−0.012%$452K$4K5xas long as short
Variational Omni XMR+0.0300%8h593.60−0.293%$6.9M$2.8Mas long as short
MEXC XMR_USDT+0.0367%8h595.40+0.008%$22.7M$15.2M100xas long as short
Binance XMRUSDT+0.0368%8h595.45+0.017%$54.5M$161.8M75xas long as short
BingX XMR-USDT+0.0372%8h595.47+0.020%$5.8Mas long as short
Gate XMR_USDT+0.0376%8h595.19−0.027%$1.6M$4.5M50xas long as short
Bitget XMRUSDTlong+0.0391%8h595.35long leg$9.9M$14.0M50x
BloFin XMR-USDT+0.0517%8h595.58+0.039%$2.8M$11.3M75xas long as short
Aster XMRUSDT+0.0551%8h594.87−0.081%$671K$2.3M75xas long as short
Kraken Futures PF_XMRUSD+0.0612%1h594.30−0.177%$5.6M$20.3M50xas long as short
Pacifica XMR+0.0619%1h595.25−0.016%$269K$1.0M10xas long as short
GRVT XMR_USDT_Perp+0.0624%8h593.34−0.337%$346K$796K10xas long as short
KuCoin XMRUSDTM+0.0627%8h595.08−0.045%$49.5M$25.4M50xas long as short
Paradex XMR-USD-PERP+0.0738%8h595.25−0.016%$8K$4K20xas long as short
Nado XMR-PERP+0.0817%1h595.11−0.040%$1.3M$477K10xas long as short
GMX XMR/USD [WBTC.b-USDC]shortL +0.0841% / S −0.1411%1h594.26−0.183%$353K100x
Orderly PERP_XMR_USDC+0.0871%8h595.12−0.039%$48K$729K10xas long as short
Extended XMR-USD+0.1104%1h595.06−0.049%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1572%1h596.28+0.156%$86.8M$65.4M5xas long as short
Aftermath Perps XMRUSD+0.2332%1h593.63−0.289%$2K$47K10xas long as short
HTX XMR-USDT+0.2401%8h592.45−0.487%$1.1M$1.4M20xas long as short