Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0310%/8h= +33.9% APRpaid last 24h +0.145%

Price spread now: Bitget against edgeX+0.103%104s7-day average −0.013% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as 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−$610.609% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.268%+$27 on $10k

Price spread, last 3 days (all we have)−0.708%−$71 · spread now +0.103%, 7d avg −0.013%

Together, before fees−0.441%+ Points / potential airdropedgeX: Active · farm board−$44 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 Bitget is 0.116% dearer against edgeX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 104 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	589.80	0.0100	pay 0.0050% / 4h	2h 53m	$1.0M	$671K	10x
Short	Bitget XMRUSDT	590.41	0.0410	get 0.0410% / 8h	2h 53m	$9.8M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.103%Rate

Funding earned: $65.1
Price spread: +0.103% → −0.013%: $11.58
Slippage, 4 orders: −$39.9
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: $15.77
Costs to cover: 0.609%
Break-even: 5.3 days

Slippage from edgeX: live order book, 5 min ago; Bitget: 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, 5 min ago	10.17 bp	14.7 bp −$15	15.4 bp −$154	doesn't fit	doesn't fit
Sell Bitget live order book, 5 min ago	4.49 bp	14.2 bp −$14	19.9 bp −$199	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
dYdX XMR-USD	0.0000%	1h	589.74	−0.011%	$107K	$49K	5x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	589.63	−0.030%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	554.47	−5.991%	$3K	$5K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	589.81	+0.001%	$47.1M	$60.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	589.56	−0.041%	$210K	$556K	20x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	589.80	long leg	$1.0M	$671K	10x
SunX XMR-USDT	+0.0100%	8h	589.15	−0.111%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	591.10	+0.220%	$12K	—	3x	as long as short
SoDEX XMR-USD	+0.0197%	1h	590.26	+0.077%	$449K	$4K	5x	as long as short
Polymarket Perps XMR-USD	+0.0234%	1h	590.04	+0.040%	$24K	$1.8M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0272%	1h	590.15	+0.059%	$3.5M	$6.6M	10x	as long as short
Gate XMR_USDT	+0.0324%	8h	589.79	−0.002%	$1.6M	$4.5M	50x	as long as short
Variational Omni XMR	+0.0332%	8h	590.44	+0.108%	$6.9M	$2.8M	—	as long as short
Binance XMRUSDT	+0.0384%	8h	589.91	+0.018%	$54.1M	$161.8M	75x	as long as short
MEXC XMR_USDT	+0.0386%	8h	590.58	+0.132%	$22.7M	$15.1M	100x	as long as short
BingX XMR-USDT	+0.0395%	8h	590.29	+0.083%	—	$5.8M	—	as long as short
Bitget XMRUSDTshort	+0.0410%	8h	590.41	+0.103%	$9.8M	$13.9M	50x
BloFin XMR-USDT	+0.0542%	8h	591.16	+0.230%	$2.5M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0570%	8h	590.17	+0.062%	$668K	$2.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0617%	1h	589.31	−0.083%	$5.5M	$20.3M	50x	as long as short
KuCoin XMRUSDTM	+0.0618%	8h	590.41	+0.103%	$49.1M	$25.5M	50x	as long as short
Pacifica XMR	+0.0619%	1h	590.57	+0.130%	$268K	$1.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0653%	8h	590.62	+0.139%	$346K	$798K	10x	as long as short
Nado XMR-PERP	+0.0734%	1h	589.92	+0.021%	$1.3M	$477K	10x	as long as short
Paradex XMR-USD-PERP	+0.0739%	8h	590.66	+0.145%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0838% / S −0.1411%	1h	589.46	−0.058%	$351K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0877%	8h	590.34	+0.091%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1120%	1h	590.35	+0.093%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1482%	1h	591.10	+0.220%	$85.6M	$64.8M	5x	as long as short
Aftermath Perps XMRUSD	+0.2235%	1h	590.39	+0.100%	$1K	$47K	10x	as long as short
HTX XMR-USDT	+0.2283%	8h	590.10	+0.050%	$1.1M	$1.4M	20x	as long as short