Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.026%

Price spread now: SunX against Bybit+0.125%46s7-day average −0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$800.799% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.120%−$12 on $10k

Price spread, last 3 days (all we have)−0.264%−$26 · spread now +0.125%, 7d avg −0.071%

Together, before fees−0.384%−$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.196% dearer against Bybit than usual: you sell high and buy low, +$20 on $10k if it goes back to its 7-day average of −0.071%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit XMRUSDT	592.70	0.0100	pay 0.0100% / 8h	2h 26m	$47.6M	$61.0M	75x
Short	SunX XMR-USDT	593.44	0.0100	get 0.0100% / 8h	2h 26m	$2K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.125%Rate

Funding earned: $0
Price spread: +0.125% → −0.071%: $19.62
Slippage, 4 orders: −$60.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$60.3
Costs to cover: 0.799%
Break-even: never at this rate

Slippage from Bybit: live order book, 2 min ago; SunX: live order book, 9 min ago.

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	11.8 bp −$12	30.4 bp −$304	doesn't fit	doesn't fit
Sell SunX live order book, 9 min ago	13.36 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit

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	593.27	+0.096%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.137%	$3K	$6K	12x	as long as short
Bybit XMRUSDTlong	+0.0100%	8h	592.70	long leg	$47.6M	$61.0M	75x
edgeX XMRUSDC	+0.0100%	4h	596.08	+0.570%	$1.1M	$674K	10x	as long as short
SunX XMR-USDTshort	+0.0100%	8h	593.44	+0.125%	$2K	$1.9M	20x
Aevo XMR-PERP	+0.0168%	1h	594.36	+0.280%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0173%	1h	593.13	+0.073%	$202K	$575K	20x	as long as short
Lighter XMR	+0.0272%	1h	593.27	+0.097%	$3.5M	$6.7M	10x	as long as short
Polymarket Perps XMR-USD	+0.0279%	1h	593.35	+0.110%	$32K	$1.8M	5x	as long as short
Variational Omni XMR	+0.0290%	8h	595.99	+0.555%	$6.9M	$2.8M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0358%	8h	593.24	+0.091%	$22.5M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0358%	8h	593.27	+0.096%	$54.4M	$162.1M	75x	as long as short
BingX XMR-USDT	+0.0372%	8h	593.50	+0.135%	—	$5.8M	—	as long as short
SoDEX XMR-USD	+0.0374%	1h	594.17	+0.248%	$452K	$3K	5x	as long as short
Gate XMR_USDT	+0.0386%	8h	593.07	+0.062%	$1.6M	$4.5M	50x	as long as short
Bitget XMRUSDT	+0.0391%	8h	593.32	+0.105%	$9.9M	$14.1M	50x	as long as short
BloFin XMR-USDT	+0.0513%	8h	594.19	+0.251%	$2.8M	$11.3M	75x	as long as short
dYdX XMR-USD	+0.0535%	1h	592.37	−0.056%	$108K	$50K	5x	as long as short
Aster XMRUSDT	+0.0541%	8h	592.97	+0.046%	$673K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0608%	8h	592.91	+0.035%	$49.3M	$25.4M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0613%	1h	593.26	+0.094%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	593.38	+0.115%	$268K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0622%	8h	594.60	+0.321%	$349K	$782K	10x	as long as short
Paradex XMR-USD-PERP	+0.0764%	8h	593.44	+0.126%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0863% / S −0.1487%	1h	593.32	+0.105%	$367K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0890%	8h	594.06	+0.229%	$48K	$724K	10x	as long as short
Nado XMR-PERP	+0.0902%	1h	593.49	+0.133%	$1.3M	$479K	10x	as long as short
Extended XMR-USD	+0.1184%	1h	593.66	+0.161%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1584%	1h	594.06	+0.230%	$86.8M	$66.1M	5x	as long as short
HTX XMR-USDT	+0.2298%	8h	592.95	+0.042%	$1.1M	$1.4M	20x	as long as short
Aftermath Perps XMRUSD	+0.2339%	1h	594.02	+0.223%	$2K	$47K	10x	as long as short