Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0301%/8h= +33.0% APRpaid last 24h +0.189%

Price spread now: BingX against edgeX+0.254%115s7-day average −0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as 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−$510.505% of the position

Long on edgeX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.379%+$38 on $10k

Price spread, last 3 days (all we have)−0.677%−$68 · spread now +0.254%, 7d avg −0.006%

Together, before fees−0.298%+ Points / potential airdropedgeX: Active · farm board−$30 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 BingX is 0.260% dearer against edgeX than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 115 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	edgeX XMRUSDC	600.60	0.0100	pay 0.0050% / 4h	55m 37s	$1.1M	$664K	10x
Short	BingX XMR-USDT	602.13	0.0401	get 0.0401% / 8h	55m 37s	—	$5.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against edgeX. 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 edgeXbpFee BingXbpOrdersPrice spread, now +0.254%Rate

Funding earned: $63.21
Price spread: +0.254% → −0.006%: $26.03
Slippage, 4 orders: −$31.51
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BingX: 5 bp × 2 orders: −$10
Net: $38.73
Costs to cover: 0.505%
Break-even: 2.7 days

Slippage from edgeX: live order book, 3 min ago; BingX: live order book, 5 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 edgeX live order book, 3 min ago	10.16 bp	14.7 bp −$15	15.4 bp −$154	doesn't fit	doesn't fit
Sell BingX live order book, 5 min ago	0.58 bp	9.5 bp −$10	27.6 bp −$276	83.8 bp −$8,379	555.5 bp −$277.7K

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	601.16	+0.092%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	602.15	+0.258%	$49.0M	$62.5M	75x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	600.60	long leg	$1.1M	$664K	10x
SunX XMR-USDT	+0.0100%	8h	601.44	+0.140%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	601.89	+0.214%	$12K	—	3x	as long as short
Lighter XMR	+0.0288%	1h	601.98	+0.229%	$3.4M	$6.9M	10x	as long as short
MEXC XMR_USDT	+0.0326%	8h	602.23	+0.271%	$22.5M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0327%	8h	601.81	+0.201%	$55.1M	$163.7M	75x	as long as short
Variational Omni XMR	+0.0347%	8h	599.64	−0.159%	$6.9M	$2.5M	—	as long as short
BingX XMR-USDTshort	+0.0401%	8h	602.13	+0.254%	—	$5.7M	—

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0427%	8h	602.27	+0.278%	$10.1M	$14.3M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0457%	1h	601.20	+0.100%	$5.7M	$20.5M	50x	as long as short
BloFin XMR-USDT	+0.0460%	8h	600.02	−0.097%	$2.8M	$11.6M	75x	as long as short
Gate XMR_USDT	+0.0546%	8h	601.52	+0.153%	$1.7M	$4.6M	50x	as long as short
Pacifica XMR	+0.0565%	1h	602.15	+0.258%	$283K	$1.0M	10x	as long as short
KuCoin XMRUSDTM	+0.0582%	8h	601.76	+0.193%	$49.2M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0585%	8h	602.00	+0.233%	$694K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0610%	8h	600.14	−0.077%	$350K	$797K	10x	as long as short
Polymarket Perps XMR-USD	+0.0662%	1h	602.29	+0.281%	$23K	$1.8M	5x	as long as short
Backpack XMR_USDC_PERP	+0.0723%	1h	601.64	+0.173%	$205K	$575K	20x	as long as short
SoDEX XMR-USD	+0.0773%	1h	602.06	+0.243%	$458K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0873%	8h	601.95	+0.225%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0888% / S −0.2391%	1h	600.95	+0.058%	$547K	—	100x	as long as short
Nado XMR-PERP	+0.0953%	1h	601.84	+0.206%	$1.3M	$475K	10x	as long as short
Orderly PERP_XMR_USDC	+0.0958%	8h	601.74	+0.189%	$44K	$729K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.640%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1673%	1h	602.69	+0.348%	$90.7M	$69.9M	5x	as long as short
Extended XMR-USD	+0.1808%	1h	602.02	+0.237%	$3.2M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1957%	8h	599.37	−0.205%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2328%	1h	599.96	−0.106%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.2990%	1h	600.61	+0.001%	$109K	$50K	5x	as long as short