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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0547%/8h= −59.9% APRpaid last 24h −0.033%
Price spread now: edgeX against Bybit+0.153%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$500.500% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.105%−$11 on $10k
Price spread, last 7 days−0.165%−$16 · spread now +0.153%, 7d avg +0.002%
Together, before fees−0.270%+ Points / potential airdropedgeX: Active · farm board−$27 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.151% dearer against Bybit than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of +0.002%): +$15 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.105% in total) that is about 10 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.105% in total (about -5.5% 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
LongBybit XMRUSDT572.010.0647pay 0.0647% / 8h1h 36m$46.4M$60.5M75x
ShortedgeX XMRUSDC572.890.0100get 0.0050% / 4h1h 36m$1.0M$632K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$114.85
Price spread: +0.153% → +0.002%
$15.12
Slippage, 4 orders
−$30.02
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$149.75
Costs to cover
0.500%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; edgeX: live order book, 2 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 bp11.0 bp −$1126.0 bp −$260doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago10.23 bp14.7 bp −$1515.4 bp −$154doesn'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 −0.0004%1h571.15−0.150%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.843%$3K$3K12xas long as short
edgeX XMRUSDCshort+0.0100%4h572.89+0.153%$1.0M$632K10x
SunX XMR-USDT+0.0100%8h571.81−0.035%$2K$1.6M20xas long as short
HTX XMR-USDT+0.0100%8h572.22+0.037%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0240%1h572.62+0.106%$12K3xas long as short
Lighter XMR+0.0320%1h572.10+0.016%$3.1M$6.2M10xas long as short
KuCoin XMRUSDTM+0.0325%8h571.99−0.003%$45.1M$23.7M50xas long as short
Extended XMR-USD+0.0400%1h571.90−0.018%$3.0M$8.4M25xas long as short
dYdX XMR-USD+0.0413%1h571.50−0.089%$103K$43K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps XMR-USD+0.0486%1h572.19+0.031%$22K$2.0M5xas long as short
Bitget XMRUSDT+0.0588%8h572.30+0.051%$9.4M$12.0M50xas long as short
BingX XMR-USDT+0.0618%8h574.03+0.353%$5.4Mas long as short
Binance XMRUSDT+0.0634%8h572.13+0.021%$52.1M$139.9M75xas long as short
MEXC XMR_USDT+0.0635%8h572.10+0.016%$20.0M$14.4M100xas long as short
Kraken Futures PF_XMRUSD+0.0635%1h571.48−0.092%$5.4M$16.9M50xas long as short
Bybit XMRUSDTlong+0.0647%8h572.01long leg$46.4M$60.5M75x
Gate XMR_USDT+0.0662%8h571.71−0.052%$1.5M$3.3M50xas long as short
Backpack XMR_USDC_PERP+0.0779%1h571.80−0.037%$174K$524K20xas long as short
Aster XMRUSDT+0.0790%8h571.90−0.020%$633K$2.0M75xas long as short
Hyperliquid XMR+0.0834%1h572.04+0.005%$86.6M$65.8M5xas long as short
Paradex XMR-USD-PERP+0.0842%8h572.92+0.158%$8K$3K20xas long as short
SoDEX XMR-USD+0.0955%1h572.32+0.054%$435K$3K5xas long as short
Pacifica XMR+0.1002%1h572.79+0.137%$264K$927K10xas long as short
GRVT XMR_USDT_Perp+0.1002%8h574.38+0.414%$343K$711K10xas long as short
BloFin XMR-USDT+0.1054%8h572.22+0.037%$2.7M$10.8M75xas long as short
Nado XMR-PERP+0.1058%1h572.31+0.053%$1.3M$445K10xas long as short
Variational Omni XMR+0.1127%8h574.55+0.445%$6.2M$2.4Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1128% / S −0.1498%1h571.19−0.143%$598K100xas long as short
Orderly PERP_XMR_USDC+0.1185%8h572.19+0.031%$40K$599K10xas long as short
Aftermath Perps XMRUSD+0.1967%1h573.10+0.191%$2K$41K10xas long as short