Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h −0.021%

Price spread now: Aevo against Bybit−0.076%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. Aevo is 0.076% cheaper against Bybit than usual: you would sell low and buy high (spread −0.076% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.7 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XMRUSDT	597.25	0.0100	pay 0.0100% / 8h	1h 21m	$48.5M	$61.7M	75x
Short	Aevo XMR-PERP	596.79	0.0168	get 0.0021% / 1h	21m 49s	$12K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.076%Rate

Funding earned: $14.28
Price spread: −0.076% → 0.000%: −$7.62
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$20.34
Costs to cover: 0.270%
Break-even: 17.0 days

Slippage unknown: Bybit: live order book, 2 min ago; Aevo: 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 Bybit live order book, 2 min ago	0.08 bp	10.5 bp −$10	22.7 bp −$227	78.0 bp −$7,797	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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.

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	595.66	−0.267%	$44K	—	150x	as long as short
Bybit XMRUSDTlong	+0.0100%	8h	597.25	long leg	$48.5M	$61.7M	75x
edgeX XMRUSDC	+0.0100%	4h	597.29	+0.007%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	596.17	−0.181%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERPshort	+0.0168%	1h	596.79	−0.076%	$12K	—	3x
Variational Omni XMR	+0.0282%	8h	597.79	+0.090%	$6.9M	$2.6M	—	as long as short
MEXC XMR_USDT	+0.0333%	8h	597.00	−0.042%	$22.3M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0333%	8h	596.66	−0.098%	$54.7M	$163.1M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	595.76	−0.249%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0387%	1h	595.88	−0.229%	$270K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0394%	8h	597.20	−0.008%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0414%	8h	596.38	−0.146%	$9.9M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0469%	8h	597.41	+0.027%	$2.8M	$11.5M	75x	as long as short
KuCoin XMRUSDTM	+0.0539%	8h	596.48	−0.129%	$48.6M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0544%	8h	596.03	−0.204%	$679K	$2.4M	75x	as long as short
Gate XMR_USDT	+0.0545%	8h	596.38	−0.146%	$1.7M	$4.6M	50x	as long as short
Lighter XMR	+0.0592%	1h	596.35	−0.151%	$3.4M	$6.9M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0603%	8h	597.88	+0.105%	$355K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	−0.082%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0808% / S −0.1288%	1h	595.44	−0.303%	$330K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0870%	8h	595.86	−0.232%	$8K	$4K	20x	as long as short
Polymarket Perps XMR-USD	+0.0872%	1h	596.40	−0.142%	$23K	$1.8M	5x	as long as short
SoDEX XMR-USD	+0.0917%	1h	596.69	−0.094%	$453K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0944%	8h	596.61	−0.107%	$44K	$729K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0981%	1h	596.11	−0.191%	$203K	$575K	20x	as long as short
Nado XMR-PERP	+0.1379%	1h	596.12	−0.189%	$1.3M	$482K	10x	as long as short
dYdX XMR-USD	+0.1773%	1h	594.45	−0.469%	$108K	$50K	5x	as long as short
Extended XMR-USD	+0.1880%	1h	597.09	−0.026%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1954%	1h	597.04	−0.035%	$88.8M	$68.6M	5x	as long as short
HTX XMR-USDT	+0.1982%	8h	595.19	−0.345%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2443%	1h	596.70	−0.092%	$2K	$47K	10x	as long as short