Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0596%/8h= −65.3% APRpaid last 24h −0.307%

Price spread now: SunX against Extended−0.135%7-day average −0.065% · you buy dearer than you sell

Net, funding: paid 7d − costs−$180as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$760.756% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−1.046%−$105 on $10k

Price spread, last 4 days (all we have)+0.141%+$14 · spread now −0.135%, 7d avg −0.065%

Together, before fees−0.905%+ Points / potential airdropExtended: Active · farm board−$91 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and SunX is 0.070% cheaper against Extended than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.065%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XMR-USD	570.64	0.0696	pay 0.0087% / 1h	55m 56s	$3.0M	$8.4M	25x
Short	SunX XMR-USDT	569.87	0.0100	get 0.0100% / 8h	2h 55m	$2K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.135%Rate

Funding earned: −$125.16
Price spread: −0.135% → −0.065%: −$7.01
Slippage, 4 orders: −$62.6
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$207.77
Costs to cover: 0.756%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; SunX: live order book, 10 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	3.26 bp	6.8 bp −$7	12.0 bp −$120	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	13.39 bp	23.7 bp −$24	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
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0003%	1h	568.82	−0.320%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.087%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	568.63	−0.352%	$1.0M	$645K	10x	as long as short
SunX XMR-USDTshort	+0.0100%	8h	569.87	−0.135%	$2K	$1.9M	20x
HTX XMR-USDT	+0.0100%	8h	569.00	−0.287%	$1.0M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0224%	1h	570.39	−0.044%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0270%	8h	569.72	−0.161%	$44.8M	$26.5M	50x	as long as short
Bitget XMRUSDT	+0.0547%	8h	570.91	+0.047%	$9.4M	$13.5M	50x	as long as short
Gate XMR_USDT	+0.0568%	8h	570.25	−0.068%	$1.5M	$4.3M	50x	as long as short
MEXC XMR_USDT	+0.0581%	8h	570.87	+0.040%	$19.7M	$14.6M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0588%	8h	570.85	+0.037%	$52.2M	$163.5M	75x	as long as short
BingX XMR-USDT	+0.0638%	8h	570.67	+0.005%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0681%	8h	570.66	+0.003%	$46.2M	$64.8M	75x	as long as short
Paradex XMR-USD-PERP	+0.0692%	8h	569.55	−0.191%	$8K	$4K	20x	as long as short
Extended XMR-USDlong	+0.0696%	1h	570.64	long leg	$3.0M	$8.4M	25x
Aster XMRUSDT	+0.0737%	8h	569.80	−0.147%	$638K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0752%	1h	569.56	−0.189%	$5.4M	$19.1M	50x	as long as short
Pacifica XMR	+0.0912%	1h	569.87	−0.135%	$264K	$1.0M	10x	as long as short
Lighter XMR	+0.0920%	1h	570.41	−0.041%	$3.1M	$7.5M	10x	as long as short
BloFin XMR-USDT	+0.0958%	8h	570.45	−0.033%	$2.7M	$11.1M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0972%	8h	568.55	−0.366%	$336K	$720K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1012% / S −0.1311%	1h	568.64	−0.350%	$589K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.1034%	1h	570.08	−0.098%	$28K	$2.2M	5x	as long as short
Orderly PERP_XMR_USDC	+0.1164%	8h	570.46	−0.032%	$40K	$723K	10x	as long as short
Variational Omni XMR	+0.1177%	8h	570.56	−0.015%	$6.3M	$2.3M	—	as long as short
Nado XMR-PERP	+0.1314%	1h	570.07	−0.100%	$1.3M	$458K	10x	as long as short
Hyperliquid XMR	+0.1397%	1h	570.44	−0.035%	$86.0M	$71.4M	5x	as long as short
Backpack XMR_USDC_PERP	+0.1750%	1h	570.27	−0.065%	$168K	$533K	20x	as long as short
SoDEX XMR-USD	+0.1823%	1h	570.67	+0.005%	$434K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1987%	1h	569.90	−0.129%	$1K	$43K	10x	as long as short
dYdX XMR-USD	+0.2463%	1h	568.56	−0.365%	$103K	$44K	5x	as long as short