Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0094%/8h= −10.3% APRnext payment $0.94 per $10,000 · paid last 24h −0.042%
Price spread now: BingX against Gate+0.087%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.682% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.235%−$23 on $10k
Price spread, last 7 days−0.110%−$11 · spread now +0.087%, 7d avg +0.063%
Together, before fees−0.345%−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BingX is 0.024% dearer against Gate than usual: you sell high and buy low (spread +0.087% now, against its 7-day average of +0.063%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 20 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XMR_USDT599.530.0503pay 0.0503% / 8h32m 54s$1.7M$4.6M50x
ShortBingX XMR-USDT600.050.0409get 0.0409% / 8h32m 54s$5.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Gate. 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

Funding earned
−$19.74
Price spread: +0.087% → +0.063%
$2.39
Slippage, 4 orders
−$43.15
Fee Gate: 7.5 bp × 2 orders
−$15
Fee BingX: 5 bp × 2 orders
−$10
Net
−$85.5
Costs to cover
0.682%
Break-even
never at this rate
Slippage from Gate: live order book, just now; BingX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, just now8.09 bp22.4 bp −$2243.9 bp −$439doesn't fitdoesn't fit
Sell BingX live order book, 2 min ago0.58 bp15.9 bp −$1629.6 bp −$29685.4 bp −$8,537645.7 bp −$322.9K

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h598.45−0.181%$45K150xas long as short
Bybit XMRUSDT+0.0100%8h599.87+0.057%$49.2M$63.2M75xas long as short
edgeX XMRUSDC+0.0100%4h599.04−0.081%$1.1M$664K10xas long as short
SunX XMR-USDT+0.0100%8h599.02−0.085%$2K$2.0M20xas long as short
Lighter XMR+0.0144%1h599.45−0.014%$3.4M$6.9M10xas long as short
Aevo XMR-PERP+0.0160%1h599.68+0.025%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0248%1h599.23−0.050%$204K$575K20xas long as short
MEXC XMR_USDT+0.0317%8h600.07+0.090%$22.3M$15.0M100xas long as short
Binance XMRUSDT+0.0317%8h600.08+0.092%$54.9M$164.4M75xas long as short
BingX XMR-USDTshort+0.0409%8h600.05+0.087%$5.7M
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0435%8h600.04+0.085%$10.0M$14.3M50xas long as short
Variational Omni XMR+0.0439%8h599.98+0.074%$6.9M$2.6Mas long as short
BloFin XMR-USDT+0.0446%8h599.91+0.063%$2.8M$11.7M75xas long as short
Kraken Futures PF_XMRUSD+0.0459%1h598.61−0.154%$5.7M$20.5M50xas long as short
Gate XMR_USDTlong+0.0503%8h599.53long leg$1.7M$4.6M50x
Pacifica XMR+0.0565%1h599.94+0.069%$282K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0574%8h599.66+0.022%$49.0M$26.0M50xas long as short
Aster XMRUSDT+0.0585%8h599.25−0.046%$684K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0594%8h599.70+0.029%$352K$794K10xas long as short
Polymarket Perps XMR-USD+0.0709%1h599.65+0.020%$22K$1.7M5xas long as short
SoDEX XMR-USD+0.0750%1h599.41−0.020%$456K$3K5xas long as short
Paradex XMR-USD-PERP+0.0861%8h599.78+0.041%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0884% / S −0.2497%1h598.55−0.163%$565K100xas long as short
Orderly PERP_XMR_USDC+0.0947%8h599.22−0.052%$44K$729K10xas long as short
Nado XMR-PERP+0.1192%1h599.76+0.039%$1.3M$476K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76−0.462%$3K$6K12xas long as short
Hyperliquid XMR+0.1732%1h600.24+0.118%$90.7M$70.6M5xas long as short
Extended XMR-USD+0.1768%1h599.98+0.075%$3.2M$6.9M25xas long as short
HTX XMR-USDT+0.1982%8h599.530.000%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2310%1h599.61+0.014%$2K$47K10xas long as short
dYdX XMR-USD+0.2589%1h598.47−0.177%$109K$50K5xas long as short