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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0003%/8h= −0.3% APRnext payment $0.00 per $10,000 · paid last 24h +0.049%
Price spread now: Nado against GMX+0.270%52s7-day average +0.191% · 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 4 days (all we have)+0.327%+$33 on $10k
Price spread, last 4 days (all we have)−0.137%−$14 · spread now +0.270%, 7d avg +0.191%
Together, before fees+0.191%+ Points / potential airdropNado: Active · farm board+$19 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Nado is 0.079% dearer against GMX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.191%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]570.49L +0.0982% / S −0.1195%pay 0.0123% / 1h3m 31s$593K100x
ShortNado XMR-PERP572.030.0979get 0.0122% / 1h3m 31s$1.2M$233K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$0.66
Price spread: +0.270% → +0.191%
$7.91
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$11.75
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Nado: live order book, 5 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 Nado live order book, 5 min ago10.65 bp14.5 bp −$14100.9 bp −$1,009doesn'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 −0.0005%1h570.37−0.020%$34K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+2.114%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h571.04+0.096%$1.0M$529K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h571.74+0.219%$30K$1.5M5xas long as short
SunX XMR-USDT+0.0100%8h570.99+0.088%$2K$1.1M20xas long as short
HTX XMR-USDT+0.0100%8h570.00−0.086%$1.1M$1.0M20xas long as short
Aevo XMR-PERP+0.0200%1h571.57+0.190%$12K3xas long as short
Lighter XMR+0.0320%1h571.56+0.188%$3.0M$5.6M10xas long as short
Kraken Futures PF_XMRUSD+0.0373%1h570.64+0.027%$5.4M$7.6M50xas long as short
Gate XMR_USDT+0.0417%8h571.51+0.179%$1.6M$2.7M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XMRUSDTM+0.0448%8h571.48+0.174%$45.3M$17.0M50xas long as short
MEXC XMR_USDT+0.0463%8h572.04+0.272%$19.9M$9.7M100xas long as short
Binance XMRUSDT+0.0464%8h571.96+0.258%$52.3M$97.9M75xas long as short
Bybit XMRUSDT+0.0487%8h572.12+0.286%$46.4M$47.1M75xas long as short
Pacifica XMR+0.0550%1h571.92+0.252%$270K$736K10xas long as short
BingX XMR-USDT+0.0561%8h572.14+0.289%$5.0Mas long as short
Aster XMRUSDT+0.0567%8h571.21+0.126%$660K$1.5M75xas long as short
Hyperliquid XMR+0.0590%1h571.92+0.251%$86.8M$55.9M5xas long as short
Bitget XMRUSDT+0.0607%8h572.14+0.289%$9.3M$10.1M50xas long as short
Extended XMR-USD+0.0616%1h571.93+0.253%$3.0M$7.3M25xas long as short
GRVT XMR_USDT_Perp+0.0707%8h570.25−0.043%$331K$639K10xas long as short
Paradex XMR-USD-PERP+0.0730%8h571.63+0.200%$8K$1K20xas long as short
Variational Omni XMR+0.0787%8h572.38+0.332%$6.1M$2.4Mas long as short
BloFin XMR-USDT+0.0789%8h570.35−0.024%$2.7M$9.6M75xas long as short
Nado XMR-PERPshort+0.0979%1h572.03+0.270%$1.2M$233K10x
GMX XMR/USD [WBTC.b-USDC]longL +0.0982% / S −0.1195%1h570.49long leg$593K100x
SoDEX XMR-USD+0.1047%1h571.71+0.214%$435K$4K5xas long as short
Orderly PERP_XMR_USDC+0.1092%8h571.53+0.182%$41K$394K10xas long as short
Backpack XMR_USDC_PERP+0.1192%1h571.43+0.165%$128K$415K20xas long as short
dYdX XMR-USD+0.1835%1h570.59+0.018%$103K$26K5xas long as short
Aftermath Perps XMRUSD+0.2052%1h571.86+0.241%$1K$38K10xas long as short