Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.1085%/8h= +118.8% APRpaid last 24h +0.098%

Price spread now: Extended against Gate+0.127%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$590.586% of the position

Long on Gate Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.377%+$38 on $10k

Price spread, last 7 days−0.055%−$5 · spread now +0.127%, 7d avg +0.019%

Together, before fees+0.322%+ Points / potential airdropExtended: Active · farm board+$32 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$33 a day on $10k at the current rate, and Extended is 0.108% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.019%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.377% in total (about 19.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XMR_USDT	582.92	0.0779	pay 0.0779% / 8h	6h 07m	$1.6M	$4.6M	50x
Short	Extended XMR-USD	583.66	0.1864	get 0.0233% / 1h	7m 36s	$3.1M	$8.1M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.127%Rate

Funding earned: $227.85
Price spread: +0.127% → +0.019%: $10.77
Slippage, 4 orders: −$38.61
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $180.01
Costs to cover: 0.586%
Break-even: 1.5 days

Slippage from Gate: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago	4.28 bp	22.8 bp −$23	44.4 bp −$444	doesn't fit	doesn't fit
Sell Extended live order book, 1 min ago	4.45 bp	7.2 bp −$7	13.8 bp −$138	doesn't fit	doesn't fit

XMR on 30 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 −0.0010%	1h	583.00	+0.014%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+2.374%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	586.30	+0.580%	$1.0M	$667K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	583.73	+0.139%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	583.98	+0.182%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	584.31	+0.238%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0403%	1h	582.69	−0.039%	$106K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0517%	8h	583.88	+0.165%	$20.8M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0517%	8h	583.75	+0.142%	$53.2M	$168.0M	75x	as long as short
Bitget XMRUSDT	+0.0623%	8h	583.44	+0.089%	$9.5M	$14.2M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0697%	8h	583.60	+0.116%	$650K	$2.5M	75x	as long as short
KuCoin XMRUSDTM	+0.0778%	8h	583.92	+0.172%	$47.9M	$26.1M	50x	as long as short
Gate XMR_USDTlong	+0.0779%	8h	582.92	long leg	$1.6M	$4.6M	50x
BingX XMR-USDT	+0.0796%	8h	584.07	+0.197%	—	$5.8M	—	as long as short
Pacifica XMR	+0.0821%	1h	583.84	+0.158%	$269K	$1.1M	10x	as long as short
Bybit XMRUSDT	+0.0822%	8h	583.63	+0.122%	$47.3M	$65.0M	75x	as long as short
Polymarket Perps XMR-USD	+0.0910%	1h	583.74	+0.141%	$32K	$2.1M	5x	as long as short
Backpack XMR_USDC_PERP	+0.0921%	1h	583.64	+0.124%	$172K	$539K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0952% / S −0.1203%	1h	582.96	+0.007%	$650K	—	100x	as long as short
Lighter XMR	+0.0984%	1h	583.71	+0.136%	$3.3M	$7.2M	10x	as long as short
Variational Omni XMR	+0.1043%	8h	586.31	+0.582%	$6.7M	$2.9M	—	as long as short
GRVT XMR_USDT_Perp	+0.1050%	8h	586.14	+0.552%	$343K	$795K	10x	as long as short
Orderly PERP_XMR_USDC	+0.1065%	8h	584.02	+0.189%	$42K	$736K	10x	as long as short
Paradex XMR-USD-PERP	+0.1234%	8h	583.55	+0.108%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1311%	1h	583.02	+0.016%	$5.5M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1459%	1h	584.24	+0.227%	$1.3M	$467K	10x	as long as short
SoDEX XMR-USD	+0.1595%	1h	584.30	+0.237%	$444K	$3K	5x	as long as short
Hyperliquid XMR	+0.1636%	1h	583.71	+0.136%	$88.1M	$73.1M	5x	as long as short
Extended XMR-USDshort	+0.1864%	1h	583.66	+0.127%	$3.1M	$8.1M	25x
Aftermath Perps XMRUSD	+0.2761%	1h	585.08	+0.370%	$2K	$46K	10x	as long as short