Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0748%/8h= +82.0% APRpaid last 24h +0.093%

Price spread now: Nado against BloFin−0.074%7-day average −0.028% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$580.581% of the position

Long on BloFin Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.364%+$36 on $10k

Price spread, last 3 days (all we have)+0.033%+$3 · spread now −0.074%, 7d avg −0.028%

Together, before fees+0.397%+ Points / potential airdropNado: Active · farm board+$40 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.046% cheaper against BloFin than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of −0.028%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$22 a day). At the pace of the last 3 days (+0.364% in total) that is about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XMR-USDT	588.76	0.0635	pay 0.0635% / 8h	7h 06m	$2.7M	$11.5M	75x
Short	Nado XMR-PERP	588.32	0.1383	get 0.0173% / 1h	6m 39s	$1.3M	$464K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee BloFinbpFee NadobpOrdersPrice spread, now −0.074%Rate

Funding earned: $157.18
Price spread: −0.074% → −0.028%: −$4.62
Slippage, 4 orders: −$39.05
Fee BloFin: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $94.5
Costs to cover: 0.581%
Break-even: 2.8 days

Slippage from BloFin: live order book, 7 min ago; Nado: live order book, 2 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 BloFin live order book, 7 min ago	3.23 bp	13.4 bp −$13	22.3 bp −$223	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	9.24 bp	12.7 bp −$13	36.4 bp −$364	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	587.22	−0.262%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.359%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	587.86	−0.154%	$1.0M	$661K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	587.85	−0.155%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	588.02	−0.126%	$1.1M	$1.6M	20x	as long as short
dYdX XMR-USD	+0.0125%	1h	587.12	−0.279%	$106K	$50K	5x	as long as short
Aevo XMR-PERP	+0.0192%	1h	588.57	−0.032%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0438%	8h	588.21	−0.093%	$21.3M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0438%	8h	588.09	−0.114%	$53.7M	$167.0M	75x	as long as short
Bitget XMRUSDT	+0.0565%	8h	588.44	−0.054%	$9.7M	$14.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0634%	8h	588.00	−0.129%	$652K	$2.5M	75x	as long as short
BloFin XMR-USDTlong	+0.0635%	8h	588.76	long leg	$2.7M	$11.5M	75x
Gate XMR_USDT	+0.0638%	8h	587.98	−0.132%	$1.6M	$4.7M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0648%	1h	587.26	−0.254%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	588.14	−0.105%	$270K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0722%	8h	588.18	−0.099%	$48.2M	$26.0M	50x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0871% / S −0.2461%	1h	587.17	−0.270%	$548K	—	100x	as long as short
Variational Omni XMR	+0.0908%	8h	587.73	−0.175%	$6.7M	$2.6M	—	as long as short
GRVT XMR_USDT_Perp	+0.0953%	8h	588.84	+0.014%	$348K	$792K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0991%	1h	587.79	−0.165%	$184K	$535K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1043%	8h	588.39	−0.063%	$43K	$738K	10x	as long as short
Polymarket Perps XMR-USD	+0.1122%	1h	588.47	−0.049%	$49K	$1.9M	5x	as long as short
Lighter XMR	+0.1168%	1h	588.35	−0.070%	$3.3M	$7.2M	10x	as long as short
BingX XMR-USDT	+0.1172%	8h	588.14	−0.105%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1187%	8h	588.24	−0.088%	$47.3M	$64.6M	75x	as long as short
Paradex XMR-USD-PERP	+0.1266%	8h	588.05	−0.121%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.1295%	1h	588.59	−0.029%	$447K	$3K	5x	as long as short
Nado XMR-PERPshort	+0.1383%	1h	588.32	−0.074%	$1.3M	$464K	10x
Hyperliquid XMR	+0.1899%	1h	588.40	−0.060%	$89.3M	$72.7M	5x	as long as short
Extended XMR-USD	+0.2424%	1h	588.04	−0.122%	$3.1M	$8.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2650%	1h	588.35	−0.070%	$1K	$46K	10x	as long as short