Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.066%

Price spread now: edgeX against gTrade (Gains Network)−0.164%68s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.164% cheaper against gTrade (Gains Network) than usual: you would sell low and buy high (spread −0.164% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 6.1 days of funding at the current rate (+$3 a day). The two prices were read 68 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	gTrade (Gains Network) XMR/USD	573.41	L +0.0010% / S −0.0004%	pay 0.0001% / 1h	31m 53s	$32K	—	150x
Short	edgeX XMRUSDC	572.48	0.0100	get 0.0050% / 4h	1h 31m	$1.0M	$633K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee edgeXbpOrdersPrice spread, now −0.164%Rate

Funding earned: $18.88
Price spread: −0.164% → 0.000%: −$16.36
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$18.48
Costs to cover: 0.210%
Break-even: 13.9 days

Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 2 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell edgeX live order book, 2 min ago	10.28 bp	14.8 bp −$15	15.5 bp −$155	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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/USDlong	L +0.0010% / S −0.0004%	1h	573.41	long leg	$32K	—	150x
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.593%	$3K	$3K	12x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	572.48	−0.164%	$1.0M	$633K	10x
SunX XMR-USDT	+0.0100%	8h	573.58	+0.029%	$2K	$1.6M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	573.95	+0.093%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0240%	1h	572.94	−0.082%	$12K	—	3x	as long as short
Lighter XMR	+0.0296%	1h	574.09	+0.117%	$3.1M	$6.2M	10x	as long as short
KuCoin XMRUSDTM	+0.0317%	8h	574.33	+0.160%	$45.3M	$23.5M	50x	as long as short
Extended XMR-USD	+0.0360%	1h	574.90	+0.260%	$3.0M	$8.4M	25x	as long as short
Polymarket Perps XMR-USD	+0.0508%	1h	574.11	+0.121%	$22K	$2.0M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0591%	8h	575.19	+0.310%	$9.5M	$12.1M	50x	as long as short
BingX XMR-USDT	+0.0616%	8h	574.97	+0.271%	—	$5.4M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0634%	1h	573.17	−0.042%	$5.4M	$16.8M	50x	as long as short
Binance XMRUSDT	+0.0635%	8h	575.11	+0.296%	$52.3M	$139.2M	75x	as long as short
MEXC XMR_USDT	+0.0636%	8h	575.00	+0.277%	$20.1M	$14.4M	100x	as long as short
Bybit XMRUSDT	+0.0643%	8h	574.98	+0.273%	$46.6M	$60.3M	75x	as long as short
Gate XMR_USDT	+0.0661%	8h	574.36	+0.165%	$1.5M	$3.3M	50x	as long as short
dYdX XMR-USD	+0.0749%	1h	573.33	−0.015%	$104K	$43K	5x	as long as short
Aster XMRUSDT	+0.0793%	8h	574.00	+0.102%	$635K	$2.0M	75x	as long as short
Hyperliquid XMR	+0.0830%	1h	574.82	+0.245%	$87.1M	$65.8M	5x	as long as short
Paradex XMR-USD-PERP	+0.0832%	8h	574.44	+0.178%	$8K	$3K	20x	as long as short
Backpack XMR_USDC_PERP	+0.0839%	1h	574.08	+0.116%	$174K	$524K	20x	as long as short
SoDEX XMR-USD	+0.0971%	1h	574.17	+0.132%	$436K	$3K	5x	as long as short
GRVT XMR_USDT_Perp	+0.0990%	8h	572.20	−0.212%	$341K	$711K	10x	as long as short
Pacifica XMR	+0.1002%	1h	574.36	+0.165%	$265K	$927K	10x	as long as short
Nado XMR-PERP	+0.1007%	1h	574.20	+0.136%	$1.3M	$445K	10x	as long as short
BloFin XMR-USDT	+0.1050%	8h	574.20	+0.137%	$2.7M	$10.8M	75x	as long as short
Variational Omni XMR	+0.1113%	8h	572.30	−0.193%	$6.2M	$2.4M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1133% / S −0.1496%	1h	573.26	−0.026%	$594K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1186%	8h	574.08	+0.116%	$40K	$588K	10x	as long as short
Aftermath Perps XMRUSD	+0.1934%	1h	573.67	+0.045%	$1K	$41K	10x	as long as short