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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.1587%/8h= +173.8% APRnext payment +$1.98 per $10,000 · paid last 24h +0.099%
Price spread now: Extended against GMX+0.214%7-day average +0.160% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.149%+$15 on $10k
Price spread, last 3 days (all we have)−0.072%−$7 · spread now +0.214%, 7d avg +0.160%
Together, before fees+0.078%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$48 a day on $10k at the current rate, and Extended is 0.054% dearer against GMX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.160%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.149% in total (about 17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.98 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]585.88L +0.0869% / S −0.2458%pay 0.0109% / 1h12m 30s$546K100x
ShortExtended XMR-USD587.140.2456get 0.0307% / 1h12m 30s$3.1M$8.0M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GMX. 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
$333.34
Price spread: +0.214% → +0.160%
$5.4
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$321.74
Costs to cover
0.170%
Break-even
0.2 days
Slippage unknown: GMX: no order-book sample; Extended: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Extended live order book, 1 min ago1.87 bp4.6 bp −$510.2 bp −$102doesn't fitdoesn't fit
GMX: 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 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%1h585.80−0.013%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.857%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h587.78+0.323%$1.0M$663K10xas long as short
SunX XMR-USDT+0.0100%8h586.76+0.150%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h586.74+0.147%$1.1M$1.6M20xas long as short
dYdX XMR-USD+0.0109%1h585.72−0.027%$106K$50K5xas long as short
Aevo XMR-PERP+0.0184%1h587.78+0.325%$12K3xas long as short
MEXC XMR_USDT+0.0427%8h587.30+0.242%$21.3M$15.3M100xas long as short
Binance XMRUSDT+0.0431%8h587.25+0.233%$53.6M$167.1M75xas long as short
Bitget XMRUSDT+0.0555%8h587.16+0.218%$9.6M$14.4M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XMR-USDT+0.0619%8h587.33+0.247%$2.8M$11.5M75xas long as short
Aster XMRUSDT+0.0621%8h586.60+0.123%$650K$2.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0649%1h586.17+0.050%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h587.22+0.228%$278K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0721%8h587.08+0.205%$48.1M$26.1M50xas long as short
Gate XMR_USDT+0.0727%8h586.46+0.099%$1.6M$4.6M50xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.0869% / S −0.2458%1h585.88long leg$546K100x
Variational Omni XMR+0.0884%8h587.59+0.292%$6.7M$2.6Mas long as short
GRVT XMR_USDT_Perp+0.0902%8h587.78+0.324%$347K$792K10xas long as short
Backpack XMR_USDC_PERP+0.0980%1h586.69+0.138%$184K$535K20xas long as short
Orderly PERP_XMR_USDC+0.1042%8h587.21+0.227%$42K$739K10xas long as short
BingX XMR-USDT+0.1121%8h587.43+0.264%$5.8Mas long as short
Polymarket Perps XMR-USD+0.1124%1h587.04+0.198%$46K$1.9M5xas long as short
Bybit XMRUSDT+0.1180%8h587.25+0.234%$47.3M$64.8M75xas long as short
Lighter XMR+0.1208%1h587.13+0.213%$3.3M$7.2M10xas long as short
SoDEX XMR-USD+0.1248%1h587.36+0.252%$446K$3K5xas long as short
Paradex XMR-USD-PERP+0.1268%8h587.07+0.203%$8K$4K20xas long as short
Nado XMR-PERP+0.1411%1h587.26+0.236%$1.3M$465K10xas long as short
Hyperliquid XMR+0.1935%1h587.32+0.246%$89.1M$73.1M5xas long as short
Extended XMR-USDshort+0.2456%1h587.14+0.214%$3.1M$8.0M25x
Aftermath Perps XMRUSD+0.2647%1h587.27+0.237%$1K$46K10xas long as short