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+0.1030%/8h= +112.7% APRpaid last 24h −0.050%
Price spread now: Hyperliquid against BloFin+0.351%47s7-day average −0.055% · you sell dearer than you buy
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$490.490% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.236%−$24 on $10k
Price spread, last 3 days (all we have)−0.478%−$48 · spread now +0.351%, 7d avg −0.055%
Together, before fees−0.713%+ Points / potential airdropHyperliquid: Season 2 · farm board−$71 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Hyperliquid is 0.406% dearer against BloFin than usual: you sell high and buy low: +$41 more if the spread goes back to its 7-day average of −0.055%. Mind the row above: over the last 7 days funding on this pair cost −0.236%, so the current rate has only just turned in your favour. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.236% in total (about -12.3% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XMR-USDT592.790.0518pay 0.0518% / 8h2h 38m$2.8M$11.3M75x
ShortHyperliquid XMR594.870.1548get 0.0193% / 1h38m 23s$86.6M$65.3M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against BloFin. 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
$216.2
Price spread: +0.351% → −0.055%
$40.62
Slippage, 4 orders
−$27.98
Fee BloFin: 6 bp × 2 orders
−$12
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$207.85
Costs to cover
0.490%
Break-even
0.3 days
Slippage from BloFin: live order book, 5 min ago; Hyperliquid: live order book, 5 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 BloFin live order book, 5 min ago2.44 bp15.8 bp −$1626.4 bp −$264doesn't fitdoesn't fit
Sell Hyperliquid live order book, 5 min ago2.10 bp7.1 bp −$7doesn't fitdoesn'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%1h593.31+0.088%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h591.89−0.152%$3K$6K12xas long as short
Bybit XMRUSDT+0.0100%8h593.63+0.142%$47.5M$60.7M75xas long as short
Backpack XMR_USDC_PERP+0.0100%1h592.50−0.049%$202K$567K20xas long as short
edgeX XMRUSDC+0.0100%4h593.35+0.095%$1.1M$671K10xas long as short
SunX XMR-USDT+0.0100%8h592.28−0.086%$2K$1.9M20xas long as short
Polymarket Perps XMR-USD+0.0165%1h594.04+0.211%$24K$1.8M5xas long as short
dYdX XMR-USD+0.0173%1h592.66−0.022%$108K$50K5xas long as short
Aevo XMR-PERP+0.0176%1h594.17+0.232%$12K3xas long as short
Lighter XMR+0.0176%1h593.34+0.093%$3.5M$6.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX XMR-USD+0.0180%1h593.14+0.059%$451K$4K5xas long as short
Variational Omni XMR+0.0300%8h593.60+0.137%$6.9M$2.8Mas long as short
Gate XMR_USDT+0.0366%8h593.16+0.062%$1.6M$4.5M50xas long as short
Binance XMRUSDT+0.0368%8h594.07+0.216%$54.4M$161.7M75xas long as short
MEXC XMR_USDT+0.0369%8h594.03+0.209%$22.6M$15.2M100xas long as short
BingX XMR-USDT+0.0376%8h593.97+0.199%$5.8Mas long as short
Bitget XMRUSDT+0.0389%8h593.68+0.150%$9.9M$14.0M50xas long as short
BloFin XMR-USDTlong+0.0518%8h592.79long leg$2.8M$11.3M75x
Aster XMRUSDT+0.0554%8h593.71+0.154%$669K$2.3M75xas long as short
Kraken Futures PF_XMRUSD+0.0614%1h592.18−0.103%$5.6M$20.3M50xas long as short
Pacifica XMR+0.0619%1h593.75+0.161%$268K$1.0M10xas long as short
GRVT XMR_USDT_Perp+0.0624%8h593.34+0.094%$346K$796K10xas long as short
KuCoin XMRUSDTM+0.0626%8h593.77+0.165%$49.4M$25.4M50xas long as short
Paradex XMR-USD-PERP+0.0733%8h593.76+0.163%$8K$4K20xas long as short
Nado XMR-PERP+0.0810%1h593.63+0.141%$1.3M$477K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0841% / S −0.1411%1h593.09+0.050%$353K100xas long as short
Orderly PERP_XMR_USDC+0.0869%8h593.93+0.192%$48K$729K10xas long as short
Extended XMR-USD+0.1080%1h593.71+0.155%$3.1M$6.8M25xas long as short
Hyperliquid XMRshort+0.1548%1h594.87+0.351%$86.6M$65.3M5x
Aftermath Perps XMRUSD+0.2309%1h593.34+0.094%$2K$47K10xas long as short
HTX XMR-USDT+0.2402%8h590.51−0.385%$1.1M$1.4M20xas long as short