Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0731%/8h= −80.0% APRpaid last 24h −0.112%

Price spread now: Bitget against Extended+0.019%7-day average +0.044% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.673%−$67 on $10k

Price spread, last 7 days−0.073%−$7 · spread now +0.019%, 7d avg +0.044%

Together, before fees−0.746%+ Points / potential airdropExtended: Active · farm board−$75 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and Bitget is 0.024% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.044%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XMR-USD	590.41	0.1144	pay 0.0143% / 1h	56m 34s	$3.1M	$6.8M	25x
Short	Bitget XMRUSDT	590.52	0.0413	get 0.0413% / 8h	2h 56m	$9.8M	$13.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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 ExtendedbpFee BitgetbpOrdersPrice spread, now +0.019%Rate

Funding earned: −$153.51
Price spread: +0.019% → +0.044%: −$2.45
Slippage, 4 orders: −$24.66
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$197.61
Costs to cover: 0.417%
Break-even: never at this rate

Slippage from Extended: live order book, 2 min ago; Bitget: live order book, 2 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 Extended live order book, 2 min ago	1.36 bp	4.0 bp −$4	8.6 bp −$86	doesn't fit	doesn't fit
Sell Bitget live order book, 2 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	−0.113%	$107K	$49K	5x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	588.72	−0.285%	$44K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	554.47	−6.087%	$3K	$5K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	590.36	−0.008%	$47.2M	$60.7M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	589.19	−0.206%	$214K	$556K	20x	as long as short
edgeX XMRUSDC	+0.0100%	4h	589.06	−0.227%	$1.0M	$671K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	588.61	−0.304%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	589.74	−0.113%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0292%	1h	589.37	−0.175%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0320%	1h	590.59	+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
Gate XMR_USDT	+0.0334%	8h	590.27	−0.023%	$1.6M	$4.5M	50x	as long as short
Variational Omni XMR	+0.0338%	8h	590.26	−0.024%	$6.9M	$2.8M	—	as long as short
SoDEX XMR-USD	+0.0368%	1h	589.58	−0.140%	$448K	$4K	5x	as long as short
MEXC XMR_USDT	+0.0387%	8h	590.82	+0.070%	$22.6M	$15.1M	100x	as long as short
Binance XMRUSDT	+0.0389%	8h	590.86	+0.077%	$54.3M	$162.4M	75x	as long as short
BingX XMR-USDT	+0.0395%	8h	590.28	−0.021%	—	$5.8M	—	as long as short
Bitget XMRUSDTshort	+0.0413%	8h	590.52	+0.019%	$9.8M	$13.9M	50x
Nado XMR-PERP	+0.0452%	1h	589.04	−0.230%	$1.3M	$478K	10x	as long as short
BloFin XMR-USDT	+0.0547%	8h	589.79	−0.104%	$2.5M	$11.2M	75x	as long as short
Aster XMRUSDT	+0.0579%	8h	589.95	−0.077%	$668K	$2.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0617%	1h	589.09	−0.222%	$5.5M	$20.3M	50x	as long as short
KuCoin XMRUSDTM	+0.0618%	8h	590.66	+0.043%	$49.1M	$25.6M	50x	as long as short
Pacifica XMR	+0.0619%	1h	590.94	+0.091%	$268K	$1.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0650%	8h	588.42	−0.336%	$345K	$798K	10x	as long as short
Paradex XMR-USD-PERP	+0.0738%	8h	590.80	+0.068%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0837% / S −0.1411%	1h	588.70	−0.289%	$350K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0881%	8h	589.42	−0.167%	$48K	$729K	10x	as long as short
Extended XMR-USDlong	+0.1144%	1h	590.41	long leg	$3.1M	$6.8M	25x
Hyperliquid XMR	+0.1450%	1h	591.49	+0.184%	$85.6M	$65.1M	5x	as long as short
Aftermath Perps XMRUSD	+0.2211%	1h	589.88	−0.089%	$1K	$47K	10x	as long as short
HTX XMR-USDT	+0.2267%	8h	589.80	−0.102%	$1.1M	$1.4M	20x	as long as short