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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0453%/8h= +49.6% APRnext payment +$4.53 per $10,000 · paid last 24h +0.104%
Price spread now: Paradex against Bitget−0.062%52s7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Funding pays, the price is against you. Paradex is 0.062% cheaper against Bitget than usual: you would sell low and buy high (spread −0.062% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$14 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XMRUSDT597.200.0400pay 0.0400% / 8h1h 37m$10.0M$14.2M50x
ShortParadex XMR-USD-PERP596.830.0853get 0.0853% / 8h1h 37m$8K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$95.14
Price spread: −0.062% → 0.000%
−$6.18
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Paradex: 2 bp × 2 orders
−$4
Net
$72.96
Costs to cover
0.160%
Break-even
1.6 days
Slippage unknown: Bitget: live order book, 1 min ago; Paradex: 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, 1 min ago3.68 bp17.0 bp −$1727.3 bp −$273doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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%1h595.94−0.211%$44K150xas long as short
Bybit XMRUSDT+0.0100%8h596.97−0.039%$48.3M$61.5M75xas long as short
edgeX XMRUSDC+0.0100%4h597.44+0.039%$1.1M$663K10xas long as short
SunX XMR-USDT+0.0100%8h596.42−0.131%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0160%1h594.86−0.392%$12K3xas long as short
Variational Omni XMR+0.0248%8h598.02+0.137%$6.9M$2.7Mas long as short
Binance XMRUSDT+0.0326%8h597.11−0.015%$54.8M$162.7M75xas long as short
MEXC XMR_USDT+0.0327%8h596.86−0.057%$22.4M$15.0M100xas long as short
BingX XMR-USDT+0.0374%8h597.18−0.003%$5.7Mas long as short
Kraken Futures PF_XMRUSD+0.0382%1h595.70−0.252%$5.7M$20.4M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica XMR+0.0387%1h597.09−0.018%$271K$1.0M10xas long as short
Bitget XMRUSDTlong+0.0400%8h597.20long leg$10.0M$14.2M50x
BloFin XMR-USDT+0.0469%8h596.23−0.162%$2.8M$11.5M75xas long as short
Gate XMR_USDT+0.0505%8h596.53−0.112%$1.6M$4.5M50xas long as short
Aster XMRUSDT+0.0531%8h596.72−0.080%$674K$2.3M75xas long as short
KuCoin XMRUSDTM+0.0541%8h596.42−0.131%$48.7M$25.8M50xas long as short
GRVT XMR_USDT_Perp+0.0597%8h597.57+0.062%$355K$785K10xas long as short
Injective XMR/USDC PERP+0.0695%1h591.89−0.889%$3K$6K12xas long as short
Lighter XMR+0.0728%1h596.51−0.116%$3.5M$6.7M10xas long as short
Polymarket Perps XMR-USD+0.0815%1h597.03−0.028%$23K$1.8M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0822% / S −0.1341%1h595.80−0.235%$341K100xas long as short
Paradex XMR-USD-PERPshort+0.0853%8h596.83−0.062%$8K$4K20x
SoDEX XMR-USD+0.0892%1h596.63−0.095%$453K$3K5xas long as short
Orderly PERP_XMR_USDC+0.0922%8h596.82−0.064%$49K$720K10xas long as short
Backpack XMR_USDC_PERP+0.1004%1h596.23−0.162%$203K$575K20xas long as short
dYdX XMR-USD+0.1420%1h594.52−0.449%$108K$50K5xas long as short
Nado XMR-PERP+0.1545%1h597.07−0.023%$1.3M$480K10xas long as short
Extended XMR-USD+0.1808%1h597.05−0.025%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1955%1h598.14+0.157%$88.8M$67.5M5xas long as short
HTX XMR-USDT+0.2094%8h594.96−0.375%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2461%1h597.17−0.004%$2K$47K10xas long as short