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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0088%/8h= −9.7% APRnext payment $0.11 per $10,000 · paid last 24h −0.195%
Price spread now: Polymarket Perps against dYdX+0.101%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$310as in the Price arb table
costs, in and out, $10k−$2972.969% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.413%−$41 on $10k
Price spread, last 4 days (all we have)+2.835%+$284 · spread now +0.101%, 7d avg +0.236%
Together, before fees+2.422%+$242 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.135% cheaper against dYdX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.236%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongdYdX XMR-USD574.430.0591pay 0.0074% / 1h57m 24s$104K$44K5x
ShortPolymarket Perps XMR-USD575.010.0503get 0.0063% / 1h57m 24s$25K$2.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against dYdX. 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
−$18.57
Price spread: +0.101% → +0.236%
−$13.55
Slippage, 4 orders
−$278.86
Fee dYdX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$328.98
Costs to cover
2.969%
Break-even
never at this rate
Slippage from dYdX: live order book, 61 min ago; Polymarket Perps: live order book, 1 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 dYdX live order book, 61 min ago134.90 bp143.0 bp −$143143.3 bp −$1,433311.7 bp −$31.2K1443.0 bp −$721.5K
Sell Polymarket Perps live order book, 1 min ago2.52 bp7.2 bp −$77.3 bp −$73doesn'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 −0.0008%1h574.11−0.056%$50K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.413%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h576.01+0.275%$1.0M$644K10xas long as short
SunX XMR-USDT+0.0100%8h575.13+0.121%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h575.55+0.195%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h575.33+0.156%$12K3xas long as short
Kraken Futures PF_XMRUSD+0.0225%1h573.67−0.132%$5.4M$19.4M50xas long as short
Lighter XMR+0.0344%1h575.39+0.167%$3.2M$7.5M10xas long as short
Backpack XMR_USDC_PERP+0.0348%1h575.13+0.121%$170K$534K20xas long as short
KuCoin XMRUSDTM+0.0388%8h574.55+0.020%$45.0M$26.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XMR_USDT+0.0447%8h574.82+0.067%$1.6M$4.5M50xas long as short
Bybit XMRUSDT+0.0478%8h575.35+0.160%$46.9M$64.4M75xas long as short
BingX XMR-USDT+0.0487%8h575.42+0.172%$5.6Mas long as short
Polymarket Perps XMR-USDshort+0.0503%1h575.01+0.101%$25K$2.1M5x
Bitget XMRUSDT+0.0511%8h575.32+0.155%$9.4M$13.7M50xas long as short
MEXC XMR_USDT+0.0513%8h575.49+0.184%$20.2M$14.7M100xas long as short
Binance XMRUSDT+0.0513%8h575.33+0.157%$52.6M$164.2M75xas long as short
dYdX XMR-USDlong+0.0591%1h574.43long leg$104K$44K5x
Pacifica XMR+0.0682%1h575.75+0.230%$266K$1.0M10xas long as short
Aster XMRUSDT+0.0683%8h575.14+0.123%$638K$2.3M75xas long as short
Extended XMR-USD+0.0728%1h575.10+0.117%$3.1M$8.4M25xas long as short
BloFin XMR-USDT+0.0823%8h575.79+0.236%$2.7M$11.2M75xas long as short
GRVT XMR_USDT_Perp+0.0902%8h575.97+0.268%$345K$721K10xas long as short
Paradex XMR-USD-PERP+0.0925%8h575.74+0.228%$8K$4K20xas long as short
Nado XMR-PERP+0.0934%1h575.77+0.233%$1.3M$460K10xas long as short
Hyperliquid XMR+0.0986%1h575.31+0.153%$86.6M$71.2M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0989% / S −0.1254%1h573.88−0.096%$591K100xas long as short
Variational Omni XMR+0.1050%8h576.81+0.415%$6.6M$2.2Mas long as short
SoDEX XMR-USD+0.1095%1h575.22+0.137%$437K$3K5xas long as short
Orderly PERP_XMR_USDC+0.1126%8h575.12+0.120%$40K$735K10xas long as short
Aftermath Perps XMRUSD+0.1931%1h575.40+0.169%$1K$44K10xas long as short