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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0286%/8h= +31.3% APRpaid last 24h +0.269%
Price spread now: Extended against Bybit+0.014%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs+$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$350.349% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.915%+$92 on $10k
Price spread, last 7 days−0.019%−$2 · spread now +0.014%, 7d avg −0.034%
Together, before fees+0.896%+ Points / potential airdropExtended: Active · farm board+$90 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.048% dearer against Bybit than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XMRUSDT575.120.0458pay 0.0458% / 8h3h 59m$46.8M$64.4M75x
ShortExtended XMR-USD575.200.0744get 0.0093% / 1h59m 58s$3.1M$8.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
$60.1
Price spread: +0.014% → −0.034%
$4.81
Slippage, 4 orders
−$18.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$30
Costs to cover
0.349%
Break-even
3.5 days
Slippage from Bybit: live order book, 4 min ago; Extended: live order book, 4 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, 4 min ago0.95 bp10.1 bp −$1018.2 bp −$18283.3 bp −$8,327doesn't fit
Sell Extended live order book, 4 min ago2.34 bp5.2 bp −$59.7 bp −$97doesn'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
Injective XMR/USDC PERP−0.0136%1h582.55+1.292%$3K$3K12xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0008%1h574.36−0.132%$50K150xas long as short
Lighter XMR+0.0096%1h575.03−0.016%$3.2M$7.6M10xas long as short
edgeX XMRUSDC+0.0100%4h577.52+0.418%$1.0M$653K10xas long as short
SunX XMR-USDT+0.0100%8h574.70−0.073%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h575.58+0.080%$1.1M$1.6M20xas long as short
Kraken Futures PF_XMRUSD+0.0149%1h573.74−0.240%$5.4M$19.5M50xas long as short
Aevo XMR-PERP+0.0208%1h575.55+0.075%$12K3xas long as short
dYdX XMR-USD+0.0299%1h574.74−0.067%$104K$44K5xas long as short
KuCoin XMRUSDTM+0.0393%8h574.68−0.077%$45.0M$26.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XMR_USDT+0.0435%8h574.86−0.045%$1.6M$4.6M50xas long as short
Polymarket Perps XMR-USD+0.0452%1h574.94−0.031%$25K$2.2M5xas long as short
Bybit XMRUSDTlong+0.0458%8h575.12long leg$46.8M$64.4M75x
BingX XMR-USDT+0.0488%8h575.20+0.014%$5.7Mas long as short
Binance XMRUSDT+0.0512%8h575.20+0.014%$52.6M$164.3M75xas long as short
MEXC XMR_USDT+0.0513%8h575.20+0.014%$20.2M$15.0M100xas long as short
Bitget XMRUSDT+0.0515%8h575.23+0.019%$9.4M$13.8M50xas long as short
Backpack XMR_USDC_PERP+0.0596%1h574.51−0.106%$169K$534K20xas long as short
Pacifica XMR+0.0626%1h575.74+0.108%$266K$1.0M10xas long as short
Aster XMRUSDT+0.0691%8h575.23+0.020%$638K$2.3M75xas long as short
Extended XMR-USDshort+0.0744%1h575.20+0.014%$3.1M$8.4M25x
BloFin XMR-USDT+0.0823%8h575.79+0.116%$2.7M$11.2M75xas long as short
Nado XMR-PERP+0.0869%1h575.50+0.066%$1.3M$460K10xas long as short
GRVT XMR_USDT_Perp+0.0904%8h577.83+0.471%$346K$733K10xas long as short
Paradex XMR-USD-PERP+0.0922%8h576.02+0.156%$8K$4K20xas long as short
Hyperliquid XMR+0.0967%1h574.84−0.049%$86.5M$71.1M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0989% / S −0.1254%1h573.90−0.212%$591K100xas long as short
Variational Omni XMR+0.1050%8h576.81+0.295%$6.6M$2.2Mas long as short
Orderly PERP_XMR_USDC+0.1127%8h575.19+0.012%$40K$735K10xas long as short
SoDEX XMR-USD+0.1301%1h575.39+0.047%$437K$3K5xas long as short
Aftermath Perps XMRUSD+0.1932%1h575.43+0.054%$1K$44K10xas long as short