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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0256%/8h= +28.0% APRnext payment +$2.56 per $10,000 · paid last 24h +0.119%
Price spread now: MEXC against Bybit+0.025%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.225%+$23 on $10k
Price spread, last 7 days−0.029%−$3 · spread now +0.025%, 7d avg +0.021%
Together, before fees+0.196%+$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XMRUSDT595.290.0100pay 0.0100% / 8h2h 24m$47.8M$61.0M75x
ShortMEXC XMR_USDT595.440.0356get 0.0356% / 8h2h 24m$22.6M$15.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$53.76
Price spread: +0.025% → +0.021%
$0.43
Slippage, 4 orders
−$29.91
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee MEXC: 2 bp × 2 orders
−$4
Net
$9.27
Costs to cover
0.449%
Break-even
5.8 days
Slippage from Bybit: live order book, 5 min ago; MEXC: 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, 5 min ago0.08 bp11.8 bp −$1230.4 bp −$304doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.67 bp4.1 bp −$429.3 bp −$29380.8 bp −$8,081235.0 bp −$117.5K

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 −0.0009%1h593.74−0.261%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h591.89−0.571%$3K$6K12xas long as short
Bybit XMRUSDTlong+0.0100%8h595.29long leg$47.8M$61.0M75x
edgeX XMRUSDC+0.0100%4h594.30−0.166%$1.1M$671K10xas long as short
SunX XMR-USDT+0.0100%8h593.91−0.232%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h594.70−0.100%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0184%1h594.95−0.057%$202K$575K20xas long as short
Lighter XMR+0.0272%1h595.06−0.039%$3.5M$6.7M10xas long as short
Variational Omni XMR+0.0280%8h593.48−0.303%$6.9M$2.8Mas long as short
Polymarket Perps XMR-USD+0.0300%1h594.62−0.113%$30K$1.8M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0356%8h595.44+0.025%$54.6M$162.2M75xas long as short
MEXC XMR_USDTshort+0.0356%8h595.44+0.025%$22.6M$15.3M100x
BingX XMR-USDT+0.0372%8h595.39+0.017%$5.8Mas long as short
Gate XMR_USDT+0.0386%8h594.68−0.102%$1.6M$4.5M50xas long as short
Bitget XMRUSDT+0.0390%8h595.53+0.040%$10.0M$14.1M50xas long as short
SoDEX XMR-USD+0.0440%1h595.44+0.025%$453K$3K5xas long as short
BloFin XMR-USDT+0.0511%8h593.51−0.299%$2.8M$11.3M75xas long as short
Aster XMRUSDT+0.0536%8h593.89−0.235%$673K$2.3M75xas long as short
dYdX XMR-USD+0.0569%1h593.04−0.378%$108K$50K5xas long as short
KuCoin XMRUSDTM+0.0603%8h594.81−0.081%$49.4M$25.4M50xas long as short
Kraken Futures PF_XMRUSD+0.0612%1h594.46−0.140%$5.7M$20.4M50xas long as short
GRVT XMR_USDT_Perp+0.0612%8h592.89−0.404%$348K$782K10xas long as short
Pacifica XMR+0.0619%1h594.17−0.188%$268K$1.0M10xas long as short
Paradex XMR-USD-PERP+0.0776%8h594.28−0.169%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0862% / S −0.1487%1h593.79−0.253%$368K100xas long as short
Orderly PERP_XMR_USDC+0.0892%8h595.16−0.022%$48K$724K10xas long as short
Nado XMR-PERP+0.0922%1h594.53−0.127%$1.3M$478K10xas long as short
Extended XMR-USD+0.1200%1h595.08−0.035%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1628%1h596.28+0.166%$87.1M$65.9M5xas long as short
HTX XMR-USDT+0.2265%8h592.95−0.393%$1.1M$1.4M20xas long as short
Aftermath Perps XMRUSD+0.2343%1h594.58−0.120%$2K$47K10xas long as short