Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0220%/8h= +24.1% APRpaid last 24h +0.231%

Price spread now: Gate against edgeX+0.162%67s7-day average −0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as 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−$700.701% of the position

Long on edgeX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.614%+$61 on $10k

Price spread, last 3 days (all we have)−0.993%−$99 · spread now +0.162%, 7d avg −0.120%

Together, before fees−0.378%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Gate is 0.282% dearer against edgeX than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.120%. The two prices were read 67 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	590.27	0.0100	pay 0.0050% / 4h	2h 50m	$1.0M	$672K	10x
Short	Gate XMR_USDT	591.23	0.0320	get 0.0320% / 8h	2h 50m	$1.6M	$4.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.162%Rate

Funding earned: $46.2
Price spread: +0.162% → −0.120%: $28.19
Slippage, 4 orders: −$46.12
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: $4.27
Costs to cover: 0.701%
Break-even: 6.4 days

Slippage from edgeX: live order book, 3 min ago; Gate: live order book, 3 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 Gate live order book, 3 min ago	6.36 bp	17.4 bp −$17	36.9 bp −$369	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	590.62	+0.059%	$107K	$49K	5x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	591.31	+0.176%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	554.47	−6.065%	$3K	$5K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	591.32	+0.177%	$47.2M	$60.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	591.27	+0.169%	$210K	$556K	20x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	590.27	long leg	$1.0M	$672K	10x
SunX XMR-USDT	+0.0100%	8h	591.15	+0.149%	$2K	$1.9M	20x	as long as short
Polymarket Perps XMR-USD	+0.0164%	1h	591.85	+0.267%	$24K	$1.8M	5x	as long as short
Aevo XMR-PERP	+0.0176%	1h	591.84	+0.265%	$12K	—	3x	as long as short
Lighter XMR	+0.0200%	1h	591.43	+0.196%	$3.5M	$6.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XMR-USD	+0.0266%	1h	591.70	+0.242%	$450K	$4K	5x	as long as short
Gate XMR_USDTshort	+0.0320%	8h	591.23	+0.162%	$1.6M	$4.5M	50x
Variational Omni XMR	+0.0320%	8h	591.40	+0.191%	$6.9M	$2.8M	—	as long as short
MEXC XMR_USDT	+0.0380%	8h	591.65	+0.233%	$22.7M	$15.1M	100x	as long as short
Binance XMRUSDT	+0.0380%	8h	591.66	+0.235%	$54.3M	$161.7M	75x	as long as short
BingX XMR-USDT	+0.0390%	8h	591.54	+0.215%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0403%	8h	591.83	+0.264%	$9.8M	$13.9M	50x	as long as short
BloFin XMR-USDT	+0.0533%	8h	592.07	+0.304%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0568%	8h	591.31	+0.176%	$667K	$2.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0616%	1h	590.86	+0.099%	$5.5M	$20.3M	50x	as long as short
KuCoin XMRUSDTM	+0.0618%	8h	591.40	+0.191%	$49.2M	$25.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	591.83	+0.263%	$268K	$1.1M	10x	as long as short
Nado XMR-PERP	+0.0636%	1h	591.72	+0.246%	$1.3M	$477K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0647%	8h	590.56	+0.048%	$346K	$798K	10x	as long as short
Paradex XMR-USD-PERP	+0.0735%	8h	591.64	+0.232%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0839% / S −0.1411%	1h	590.99	+0.122%	$351K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0868%	8h	591.65	+0.233%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1064%	1h	591.49	+0.206%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1458%	1h	592.54	+0.384%	$85.9M	$65.0M	5x	as long as short
Aftermath Perps XMRUSD	+0.2230%	1h	590.91	+0.107%	$1K	$47K	10x	as long as short
HTX XMR-USDT	+0.2284%	8h	590.23	−0.007%	$1.1M	$1.4M	20x	as long as short