Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0271%/8h= +29.7% APRpaid last 24h −0.129%

Price spread now: MEXC against Extended+0.047%7-day average +0.055% · you sell dearer than you buy

Net, funding: paid 7d − costs−$111as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$440.439% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.667%−$67 on $10k

Price spread, last 7 days+0.019%+$2 · spread now +0.047%, 7d avg +0.055%

Together, before fees−0.648%+ Points / potential airdropExtended: Active · farm board−$65 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.055%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.667%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XMR-USD	574.10	0.0224	pay 0.0028% / 1h	56m 00s	$3.0M	$7.7M	25x
Short	MEXC XMR_USDT	574.37	0.0495	get 0.0495% / 8h	7h 56m	$20.2M	$9.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.047%Rate

Funding earned: $56.91
Price spread: +0.047% → +0.055%: −$0.84
Slippage, 4 orders: −$34.9
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 2 bp × 2 orders: −$4
Net: $12.18
Costs to cover: 0.439%
Break-even: 5.5 days

Slippage from Extended: live order book, 3 min ago; MEXC: 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 Extended live order book, 3 min ago	1.92 bp	4.6 bp −$5	9.0 bp −$90	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.09 bp	16.5 bp −$16	33.4 bp −$334	83.3 bp −$8,328	230.9 bp −$115.5K

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 −0.0005%	1h	573.46	−0.111%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.472%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	572.24	−0.324%	$1.0M	$542K	10x	as long as short
Polymarket Perps XMR-USD	+0.0100%	1h	573.81	−0.051%	$30K	$1.7M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	574.00	−0.018%	$2K	$1.2M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	573.87	−0.040%	$1.1M	$1.1M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	574.53	+0.075%	$12K	—	3x	as long as short
Extended XMR-USDlong	+0.0224%	1h	574.10	long leg	$3.0M	$7.7M	25x
KuCoin XMRUSDTM	+0.0339%	8h	574.38	+0.049%	$45.4M	$18.0M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0371%	1h	573.25	−0.148%	$5.4M	$9.3M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0474%	8h	573.51	−0.103%	$46.5M	$49.7M	75x	as long as short
MEXC XMR_USDTshort	+0.0495%	8h	574.37	+0.047%	$20.2M	$9.6M	100x
GRVT XMR_USDT_Perp	+0.0495%	8h	572.47	−0.283%	$342K	$630K	10x	as long as short
Binance XMRUSDT	+0.0496%	8h	574.03	−0.012%	$52.4M	$106.7M	75x	as long as short
Bitget XMRUSDT	+0.0531%	8h	573.65	−0.079%	$9.4M	$10.2M	50x	as long as short
Pacifica XMR	+0.0550%	1h	574.67	+0.098%	$268K	$757K	10x	as long as short
BingX XMR-USDT	+0.0560%	8h	574.54	+0.077%	—	$5.3M	—	as long as short
Aster XMRUSDT	+0.0628%	8h	574.30	+0.034%	$642K	$1.6M	75x	as long as short
Hyperliquid XMR	+0.0687%	1h	574.27	+0.030%	$87.1M	$60.2M	5x	as long as short
Paradex XMR-USD-PERP	+0.0690%	8h	574.39	+0.050%	$8K	$2K	20x	as long as short
Lighter XMR	+0.0744%	1h	574.22	+0.020%	$3.1M	$5.5M	10x	as long as short
Gate XMR_USDT	+0.0746%	8h	574.00	−0.018%	$1.6M	$2.6M	50x	as long as short
BloFin XMR-USDT	+0.0803%	8h	574.03	−0.012%	$2.7M	$10.0M	75x	as long as short
Variational Omni XMR	+0.0830%	8h	572.53	−0.274%	$6.2M	$2.3M	—	as long as short
Nado XMR-PERP	+0.0908%	1h	574.35	+0.044%	$1.3M	$318K	10x	as long as short
SoDEX XMR-USD	+0.1009%	1h	574.35	+0.043%	$437K	$3K	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1078% / S −0.1372%	1h	573.33	−0.135%	$597K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1120%	8h	574.26	+0.028%	$40K	$434K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1172%	1h	574.14	+0.007%	$136K	$432K	20x	as long as short
dYdX XMR-USD	+0.1265%	1h	573.15	−0.166%	$104K	$29K	5x	as long as short
Aftermath Perps XMRUSD	+0.2114%	1h	572.86	−0.216%	$1K	$39K	10x	as long as short