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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0791%/8h= +86.6% APRpaid last 24h +0.339%
Price spread now: dYdX against Bybit−0.242%7-day average −0.190% · you buy dearer than you sell
Net, funding: paid 7d − costs−$248as in the Funding arb table
Net, price: spread back to 7d avg − costs−$357as in the Price arb table
costs, in and out, $10k−$3513.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.038%+$104 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.242%, 7d avg −0.190%
Together, before fees+0.925%+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. dYdX is 0.052% cheaper against Bybit than usual: you would sell low and buy high (spread −0.242% now, against its 7-day average of −0.190%). If the spread goes back, that is −$5 on $10k: about 5 hours of funding at the current rate (+$24 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XMRUSDT574.540.0474pay 0.0474% / 8h7h 56m$46.6M$49.8M75x
ShortdYdX XMR-USD573.150.1265get 0.0158% / 1h56m 48s$104K$29K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
$166.1
Price spread: −0.242% → −0.190%
−$5.17
Slippage, 4 orders
−$330.37
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$190.44
Costs to cover
3.514%
Break-even
15.0 days
Slippage from Bybit: live order book, 2 min ago; dYdX: live order book, 42 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 Bybit live order book, 2 min ago0.09 bp9.2 bp −$917.7 bp −$177doesn't fitdoesn't fit
Sell dYdX live order book, 42 min ago81.98 bp240.2 bp −$240262.3 bp −$2,623292.8 bp −$29.3K822.2 bp −$411.1K

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 −0.0005%1h573.40−0.199%$34K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.394%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h572.24−0.400%$1.0M$542K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h572.43−0.367%$30K$1.7M5xas long as short
SunX XMR-USDT+0.0100%8h573.01−0.266%$2K$1.2M20xas long as short
HTX XMR-USDT+0.0100%8h573.99−0.096%$1.1M$1.1M20xas long as short
Aevo XMR-PERP+0.0200%1h574.43−0.019%$12K3xas long as short
Extended XMR-USD+0.0208%1h573.56−0.171%$3.0M$7.7M25xas long as short
Gate XMR_USDT+0.0318%8h573.79−0.131%$1.6M$2.6M50xas long as short
KuCoin XMRUSDTM+0.0336%8h573.75−0.138%$45.4M$18.0M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_XMRUSD+0.0371%1h573.48−0.184%$5.5M$9.3M50xas long as short
Bybit XMRUSDTlong+0.0474%8h574.54long leg$46.6M$49.8M75x
MEXC XMR_USDT+0.0495%8h574.00−0.094%$20.2M$9.6M100xas long as short
GRVT XMR_USDT_Perp+0.0495%8h572.47−0.360%$342K$630K10xas long as short
Binance XMRUSDT+0.0496%8h574.89+0.061%$52.5M$106.7M75xas long as short
Bitget XMRUSDT+0.0531%8h574.33−0.037%$9.4M$10.1M50xas long as short
BingX XMR-USDT+0.0548%8h573.84−0.122%$5.3Mas long as short
Pacifica XMR+0.0550%1h574.67+0.022%$268K$757K10xas long as short
Aster XMRUSDT+0.0628%8h574.25−0.050%$642K$1.6M75xas long as short
Paradex XMR-USD-PERP+0.0690%8h572.46−0.362%$8K$2K20xas long as short
Hyperliquid XMR+0.0742%1h573.75−0.138%$87.0M$60.2M5xas long as short
Lighter XMR+0.0744%1h574.50−0.008%$3.1M$5.5M10xas long as short
BloFin XMR-USDT+0.0803%8h574.03−0.089%$2.7M$10.0M75xas long as short
Nado XMR-PERP+0.0817%1h572.84−0.296%$1.2M$318K10xas long as short
Variational Omni XMR+0.0830%8h572.53−0.350%$6.2M$2.3Mas long as short
Backpack XMR_USDC_PERP+0.1066%1h574.17−0.064%$156K$422K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1077% / S −0.1372%1h572.95−0.276%$596K100xas long as short
Orderly PERP_XMR_USDC+0.1121%8h574.06−0.084%$40K$434K10xas long as short
SoDEX XMR-USD+0.1232%1h574.07−0.082%$436K$3K5xas long as short
dYdX XMR-USDshort+0.1265%1h573.15−0.242%$104K$29K5x
Aftermath Perps XMRUSD+0.2101%1h572.61−0.336%$1K$39K10xas long as short