Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0630%/8h= −69.0% APRpaid last 24h −0.246%

Price spread now: gTrade (Gains Network) against Gate−0.187%7-day average — · you buy dearer than you sell

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

Long on Gate Short on gTrade (Gains Network)

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—needs both histories

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and gTrade (Gains Network) is 0.187% cheaper against Gate than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XMR_USDT	589.74	0.0640	pay 0.0640% / 8h	6h 26m	$1.6M	$4.6M	50x
Short	gTrade (Gains Network) XMR/USD	588.64	L +0.0010% / S −0.0010%	get 0.0001% / 1h	26m 51s	$35K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.187%Rate

Funding earned: −$132.38
Price spread: −0.187% → 0.000%: −$18.69
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$178.07
Costs to cover: 0.270%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; gTrade (Gains Network): no order-book sample. 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 Gate live order book, 1 min ago	7.46 bp	23.1 bp −$23	42.9 bp −$429	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

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 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/USDshort	L +0.0010% / S −0.0010%	1h	588.64	−0.187%	$35K	—	150x
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.190%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	586.45	−0.559%	$1.0M	$667K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.24	−0.085%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	588.00	−0.295%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	590.14	+0.068%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0500%	1h	588.73	−0.171%	$107K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0500%	8h	590.53	+0.134%	$21.1M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0509%	8h	590.56	+0.139%	$54.0M	$168.6M	75x	as long as short
Bitget XMRUSDT	+0.0607%	8h	590.45	+0.120%	$9.6M	$14.5M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDTlong	+0.0640%	8h	589.74	long leg	$1.6M	$4.6M	50x
Aster XMRUSDT	+0.0691%	8h	590.00	+0.044%	$654K	$2.5M	75x	as long as short
KuCoin XMRUSDTM	+0.0778%	8h	589.72	−0.003%	$48.3M	$26.2M	50x	as long as short
Pacifica XMR	+0.0821%	1h	589.92	+0.031%	$273K	$1.1M	10x	as long as short
BingX XMR-USDT	+0.0857%	8h	590.55	+0.137%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.0902%	8h	590.48	+0.125%	$47.6M	$65.1M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0929% / S −0.1143%	1h	588.51	−0.209%	$656K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.0950%	1h	589.70	−0.007%	$185K	$534K	20x	as long as short
Variational Omni XMR	+0.1000%	8h	585.44	−0.729%	$6.6M	$2.9M	—	as long as short
Lighter XMR	+0.1024%	1h	590.13	+0.066%	$3.3M	$7.2M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1050%	8h	587.14	−0.441%	$342K	$779K	10x	as long as short
Orderly PERP_XMR_USDC	+0.1058%	8h	590.52	+0.132%	$42K	$735K	10x	as long as short
Polymarket Perps XMR-USD	+0.1073%	1h	589.82	+0.014%	$37K	$2.1M	5x	as long as short
Paradex XMR-USD-PERP	+0.1219%	8h	589.54	−0.034%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1298%	1h	588.89	−0.144%	$5.6M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1420%	1h	590.05	+0.052%	$1.3M	$467K	10x	as long as short
Hyperliquid XMR	+0.1813%	1h	590.55	+0.138%	$89.4M	$73.8M	5x	as long as short
SoDEX XMR-USD	+0.1831%	1h	590.55	+0.137%	$449K	$3K	5x	as long as short
Extended XMR-USD	+0.2040%	1h	590.43	+0.117%	$3.2M	$8.2M	25x	as long as short
Aftermath Perps XMRUSD	+0.2736%	1h	586.17	−0.606%	$1K	$46K	10x	as long as short