Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0281%/8h= −30.8% APRpaid last 24h −0.231%

Price spread now: edgeX against Gate−0.289%67s7-day average +0.125% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$730.731% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.614%−$61 on $10k

Price spread, last 3 days (all we have)+0.942%+$94 · spread now −0.289%, 7d avg +0.125%

Together, before fees+0.327%+ Points / potential airdropedgeX: Active · farm board+$33 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.414% cheaper against Gate than usual: you would sell low and buy high (−$41 if the spread goes back to its 7-day average of +0.125%). Swap the legs. The two prices were read 67 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	Gate XMR_USDT	595.04	0.0381	pay 0.0381% / 8h	2h 36m	$1.6M	$4.5M	50x
Short	edgeX XMRUSDC	593.32	0.0100	get 0.0050% / 4h	2h 36m	$1.1M	$672K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee GatebpFee edgeXbpOrdersPrice spread, now −0.289%Rate

Funding earned: −$59.01
Price spread: −0.289% → +0.125%: −$41.39
Slippage, 4 orders: −$49.07
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$173.47
Costs to cover: 0.731%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; edgeX: 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 Gate live order book, 2 min ago	7.16 bp	20.3 bp −$20	37.0 bp −$370	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	10.43 bp	14.9 bp −$15	15.7 bp −$157	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	594.48	−0.094%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.529%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	595.12	+0.013%	$47.6M	$60.8M	75x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	593.32	−0.289%	$1.1M	$672K	10x
SunX XMR-USDT	+0.0100%	8h	594.56	−0.081%	$2K	$1.9M	20x	as long as short
Backpack XMR_USDC_PERP	+0.0122%	1h	594.84	−0.034%	$203K	$569K	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	595.39	+0.059%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0209%	1h	595.36	+0.054%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0240%	1h	595.07	+0.004%	$3.5M	$6.7M	10x	as long as short
dYdX XMR-USD	+0.0297%	1h	594.39	−0.109%	$108K	$50K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XMR-USD	+0.0297%	1h	595.21	+0.029%	$452K	$4K	5x	as long as short
Variational Omni XMR	+0.0300%	8h	593.60	−0.242%	$6.9M	$2.8M	—	as long as short
MEXC XMR_USDT	+0.0367%	8h	595.37	+0.055%	$22.7M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0368%	8h	595.10	+0.009%	$54.5M	$161.8M	75x	as long as short
BingX XMR-USDT	+0.0372%	8h	595.19	+0.025%	—	$5.8M	—	as long as short
Gate XMR_USDTlong	+0.0381%	8h	595.04	long leg	$1.6M	$4.5M	50x
Bitget XMRUSDT	+0.0390%	8h	595.10	+0.010%	$9.9M	$14.0M	50x	as long as short
BloFin XMR-USDT	+0.0517%	8h	595.58	+0.091%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0555%	8h	594.87	−0.029%	$671K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0612%	1h	594.35	−0.116%	$5.6M	$20.3M	50x	as long as short
Pacifica XMR	+0.0619%	1h	595.28	+0.040%	$269K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0624%	8h	593.34	−0.285%	$346K	$796K	10x	as long as short
KuCoin XMRUSDTM	+0.0627%	8h	594.82	−0.037%	$49.5M	$25.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0742%	8h	595.16	+0.020%	$8K	$4K	20x	as long as short
Nado XMR-PERP	+0.0838%	1h	594.69	−0.059%	$1.3M	$477K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0842% / S −0.1411%	1h	594.29	−0.126%	$353K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0873%	8h	595.17	+0.022%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1120%	1h	595.12	+0.014%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1586%	1h	596.27	+0.207%	$86.8M	$65.4M	5x	as long as short
Aftermath Perps XMRUSD	+0.2333%	1h	593.96	−0.181%	$2K	$47K	10x	as long as short
HTX XMR-USDT	+0.2398%	8h	592.45	−0.435%	$1.1M	$1.4M	20x	as long as short