Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.1393%/8h= −152.5% APRpaid last 24h −0.006%

Price spread now: BloFin against Extended+0.062%7-day average +0.057% · you sell dearer than you buy

Net, funding: paid 7d − costs−$63as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$370.371% of the position

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.258%−$26 on $10k

Price spread, last 3 days (all we have)+0.101%+$10 · spread now +0.062%, 7d avg +0.057%

Together, before fees−0.158%+ Points / potential airdropExtended: Active · farm board−$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.057%, so right now this pair is about funding alone: −$42 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.258% in total (about -13.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XMR-USD	597.75	0.1864	pay 0.0233% / 1h	8m 44s	$3.1M	$6.8M	25x
Short	BloFin XMR-USDT	598.12	0.0471	get 0.0471% / 8h	1h 08m	$2.8M	$11.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$292.53
Price spread: +0.062% → +0.057%: $0.57
Slippage, 4 orders: −$20.13
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$329.09
Costs to cover: 0.371%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; BloFin: 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 Extended live order book, 5 min ago	2.34 bp	6.2 bp −$6	12.1 bp −$121	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.17 bp	15.7 bp −$16	24.1 bp −$241	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
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	596.79	−0.161%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.98	+0.039%	$48.6M	$62.1M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	597.97	+0.036%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	597.06	−0.115%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	597.79	+0.008%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0330%	8h	598.31	+0.095%	$6.9M	$2.6M	—	as long as short
MEXC XMR_USDT	+0.0333%	8h	598.04	+0.049%	$22.4M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0334%	8h	597.97	+0.037%	$54.8M	$163.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0381%	1h	596.85	−0.151%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0387%	1h	598.16	+0.069%	$282K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0397%	8h	597.90	+0.026%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0417%	8h	597.67	−0.013%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDTshort	+0.0471%	8h	598.12	+0.062%	$2.8M	$11.6M	75x
Lighter XMR	+0.0520%	1h	597.65	−0.016%	$3.4M	$6.9M	10x	as long as short
Gate XMR_USDT	+0.0550%	8h	597.57	−0.030%	$1.7M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0555%	8h	597.43	−0.053%	$48.7M	$25.8M	50x	as long as short
Aster XMRUSDT	+0.0570%	8h	598.11	+0.061%	$685K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0617%	8h	598.18	+0.073%	$349K	$797K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	−0.165%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0810% / S −0.1291%	1h	596.87	−0.147%	$332K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.0842%	1h	597.98	+0.039%	$23K	$1.8M	5x	as long as short
SoDEX XMR-USD	+0.0853%	1h	597.93	+0.031%	$454K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0857%	8h	598.13	+0.064%	$8K	$4K	20x	as long as short
Orderly PERP_XMR_USDC	+0.0953%	8h	597.59	−0.026%	$44K	$729K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1032%	1h	597.47	−0.046%	$204K	$575K	20x	as long as short
Nado XMR-PERP	+0.1233%	1h	597.45	−0.050%	$1.3M	$475K	10x	as long as short
Extended XMR-USDlong	+0.1864%	1h	597.75	long leg	$3.1M	$6.8M	25x
Hyperliquid XMR	+0.1956%	1h	598.59	+0.141%	$89.7M	$69.5M	5x	as long as short
HTX XMR-USDT	+0.1967%	8h	595.95	−0.301%	$1.1M	$1.5M	20x	as long as short
dYdX XMR-USD	+0.2000%	1h	595.99	−0.294%	$108K	$50K	5x	as long as short
Aftermath Perps XMRUSD	+0.2429%	1h	597.83	+0.014%	$2K	$46K	10x	as long as short