Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0408%/8h= +44.7% APRpaid last 24h +0.097%

Price spread now: Nado against Gate+0.031%7-day average +0.078% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$640.638% of the position

Long on Gate Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.310%+$31 on $10k

Price spread, last 7 days−0.147%−$15 · spread now +0.031%, 7d avg +0.078%

Together, before fees+0.163%+ Points / potential airdropNado: Active · farm board+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.046% cheaper against Gate than usual: you would sell low and buy high (spread +0.031% now, against its 7-day average of +0.078%). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$12 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XMR_USDT	601.65	0.0545	pay 0.0545% / 8h	56m 15s	$1.7M	$4.6M	50x
Short	Nado XMR-PERP	601.84	0.0953	get 0.0119% / 1h	56m 15s	$1.3M	$475K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.031%Rate

Funding earned: $85.78
Price spread: +0.031% → +0.078%: −$4.64
Slippage, 4 orders: −$41.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $17.3
Costs to cover: 0.638%
Break-even: 5.6 days

Slippage from Gate: live order book, 2 min ago; Nado: live order book, 2 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	7.74 bp	17.8 bp −$18	36.6 bp −$366	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	7.24 bp	12.4 bp −$12	39.7 bp −$397	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	601.16	−0.082%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	602.38	+0.121%	$49.0M	$62.5M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	600.60	−0.174%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	601.44	−0.035%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	601.89	+0.039%	$12K	—	3x	as long as short
Lighter XMR	+0.0192%	1h	601.82	+0.029%	$3.4M	$6.9M	10x	as long as short
Binance XMRUSDT	+0.0327%	8h	602.25	+0.100%	$55.1M	$163.7M	75x	as long as short
MEXC XMR_USDT	+0.0327%	8h	602.24	+0.098%	$22.5M	$14.9M	100x	as long as short
Variational Omni XMR	+0.0347%	8h	599.64	−0.333%	$6.9M	$2.5M	—	as long as short
BingX XMR-USDT	+0.0401%	8h	602.16	+0.085%	—	$5.7M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0425%	8h	601.70	+0.008%	$10.0M	$14.3M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0457%	1h	601.20	−0.075%	$5.7M	$20.5M	50x	as long as short
BloFin XMR-USDT	+0.0460%	8h	600.02	−0.271%	$2.8M	$11.6M	75x	as long as short
Gate XMR_USDTlong	+0.0545%	8h	601.65	long leg	$1.7M	$4.6M	50x
Pacifica XMR	+0.0565%	1h	602.17	+0.086%	$283K	$1.0M	10x	as long as short
KuCoin XMRUSDTM	+0.0579%	8h	601.76	+0.018%	$49.2M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0579%	8h	601.88	+0.038%	$694K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0610%	8h	600.14	−0.251%	$350K	$797K	10x	as long as short
Polymarket Perps XMR-USD	+0.0662%	1h	602.29	+0.106%	$23K	$1.8M	5x	as long as short
Backpack XMR_USDC_PERP	+0.0723%	1h	601.64	−0.002%	$205K	$575K	20x	as long as short
SoDEX XMR-USD	+0.0773%	1h	602.06	+0.068%	$458K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0862%	8h	601.89	+0.040%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0888% / S −0.2391%	1h	600.95	−0.116%	$547K	—	100x	as long as short
Nado XMR-PERPshort	+0.0953%	1h	601.84	+0.031%	$1.3M	$475K	10x
Orderly PERP_XMR_USDC	+0.0958%	8h	601.74	+0.015%	$44K	$729K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.813%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1637%	1h	602.61	+0.160%	$90.7M	$69.9M	5x	as long as short
Extended XMR-USD	+0.1808%	1h	602.19	+0.090%	$3.2M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1957%	8h	599.37	−0.379%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2328%	1h	599.96	−0.280%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.2559%	1h	599.91	−0.290%	$109K	$50K	5x	as long as short