Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0519%/8h= +56.8% APRpaid last 24h +0.165%

Price spread now: Pacifica against edgeX+0.319%52s7-day average −0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs−$10as 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 Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.404%+$40 on $10k

Price spread, last 3 days (all we have)−0.912%−$91 · spread now +0.319%, 7d avg −0.034%

Together, before fees−0.508%+ Points / potential airdropedgeX: Active · Pacifica: Active · farm board−$51 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Pacifica is 0.353% dearer against edgeX than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of −0.034%. The two prices were read 52 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 48m	$1.0M	$672K	10x
Short	Pacifica XMR	592.15	0.0619	get 0.0077% / 1h	48m 03s	$268K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now +0.319%Rate

Funding earned: $108.93
Price spread: +0.319% → −0.034%: $35.28
Slippage, 4 orders: −$33.55
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $93.66
Costs to cover: 0.505%
Break-even: 1.0 days

Slippage from edgeX: live order book, 1 min ago; Pacifica: live order book, 1 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, 1 min ago	10.13 bp	14.6 bp −$15	15.4 bp −$154	doesn't fit	doesn't fit
Sell Pacifica live order book, 1 min ago	1.27 bp	11.7 bp −$12	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
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	590.06	−0.036%	$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	590.44	+0.028%	$47.2M	$60.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	590.01	−0.045%	$201K	$558K	20x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	590.27	long leg	$1.0M	$672K	10x
SunX XMR-USDT	+0.0100%	8h	591.14	+0.147%	$2K	$1.9M	20x	as long as short
SoDEX XMR-USD	+0.0100%	1h	590.75	+0.081%	$449K	$4K	5x	as long as short
Polymarket Perps XMR-USD	+0.0102%	1h	592.15	+0.318%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0136%	1h	590.45	+0.031%	$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
Aevo XMR-PERP	+0.0176%	1h	591.00	+0.124%	$12K	—	3x	as long as short
Gate XMR_USDT	+0.0319%	8h	590.32	+0.008%	$1.6M	$4.5M	50x	as long as short
Variational Omni XMR	+0.0320%	8h	591.40	+0.191%	$6.9M	$2.8M	—	as long as short
Binance XMRUSDT	+0.0377%	8h	590.69	+0.070%	$54.2M	$161.8M	75x	as long as short
MEXC XMR_USDT	+0.0380%	8h	590.52	+0.042%	$22.6M	$15.2M	100x	as long as short
BingX XMR-USDT	+0.0386%	8h	590.72	+0.076%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0399%	8h	590.45	+0.030%	$9.8M	$14.0M	50x	as long as short
BloFin XMR-USDT	+0.0533%	8h	591.95	+0.284%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0563%	8h	590.80	+0.089%	$666K	$2.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0617%	1h	589.71	−0.095%	$5.5M	$20.3M	50x	as long as short
Pacifica XMRshort	+0.0619%	1h	592.15	+0.319%	$268K	$1.0M	10x
KuCoin XMRUSDTM	+0.0620%	8h	590.39	+0.020%	$49.1M	$25.4M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0641%	8h	591.83	+0.264%	$347K	$798K	10x	as long as short
Nado XMR-PERP	+0.0696%	1h	592.00	+0.292%	$1.3M	$477K	10x	as long as short
Paradex XMR-USD-PERP	+0.0730%	8h	592.34	+0.351%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0840% / S −0.1411%	1h	590.14	−0.023%	$352K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0865%	8h	590.84	+0.096%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1048%	1h	591.19	+0.155%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1463%	1h	591.52	+0.211%	$85.8M	$65.2M	5x	as long as short
Aftermath Perps XMRUSD	+0.2243%	1h	591.43	+0.196%	$1K	$47K	10x	as long as short
HTX XMR-USDT	+0.2314%	8h	590.59	+0.054%	$1.1M	$1.4M	20x	as long as short