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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0223%/8h= −24.4% APRnext payment $0.28 per $10,000 · paid last 24h −0.012%
Price spread now: Pacifica against GMX+0.122%7-day average +0.177% · 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)−0.189%−$19 on $10k
Price spread, last 3 days (all we have)−0.085%−$9 · spread now +0.122%, 7d avg +0.177%
Together, before fees−0.274%+ Points / potential airdropPacifica: Active · farm board−$27 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Pacifica is 0.055% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.177%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]594.79L +0.0842% / S −0.1411%pay 0.0105% / 1h34m 19s$354K100x
ShortPacifica XMR595.520.0619get 0.0077% / 1h34m 19s$269K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$46.87
Price spread: +0.122% → +0.177%
−$5.47
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$72.34
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: 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 Pacifica live order book, 5 min ago5.89 bp11.0 bp −$11doesn't fitdoesn'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%1h595.01+0.036%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h591.89−0.488%$3K$6K12xas long as short
Bybit XMRUSDT+0.0100%8h595.57+0.130%$47.7M$60.8M75xas long as short
edgeX XMRUSDC+0.0100%4h593.32−0.248%$1.1M$672K10xas long as short
SunX XMR-USDT+0.0100%8h595.08+0.048%$2K$1.9M20xas long as short
Backpack XMR_USDC_PERP+0.0156%1h594.94+0.024%$203K$571K20xas long as short
Aevo XMR-PERP+0.0176%1h596.13+0.224%$12K3xas long as short
Polymarket Perps XMR-USD+0.0242%1h595.90+0.186%$24K$1.8M5xas long as short
Lighter XMR+0.0288%1h595.71+0.154%$3.5M$6.7M10xas long as short
Variational Omni XMR+0.0295%8h595.15+0.060%$6.9M$2.8Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX XMR-USD+0.0328%1h595.89+0.184%$453K$4K5xas long as short
dYdX XMR-USD+0.0334%1h594.39−0.068%$108K$50K5xas long as short
MEXC XMR_USDT+0.0367%8h596.00+0.203%$22.7M$15.2M100xas long as short
Binance XMRUSDT+0.0367%8h595.85+0.177%$54.5M$161.8M75xas long as short
BingX XMR-USDT+0.0372%8h595.75+0.161%$5.8Mas long as short
Gate XMR_USDT+0.0394%8h595.56+0.129%$1.6M$4.5M50xas long as short
Bitget XMRUSDT+0.0395%8h595.84+0.176%$9.9M$14.0M50xas long as short
BloFin XMR-USDT+0.0515%8h595.72+0.156%$2.8M$11.3M75xas long as short
Aster XMRUSDT+0.0554%8h595.41+0.103%$674K$2.3M75xas long as short
Kraken Futures PF_XMRUSD+0.0612%1h594.71−0.014%$5.6M$20.3M50xas long as short
Pacifica XMRshort+0.0619%1h595.52+0.122%$269K$1.0M10x
GRVT XMR_USDT_Perp+0.0627%8h595.40+0.101%$349K$782K10xas long as short
KuCoin XMRUSDTM+0.0632%8h595.52+0.122%$49.6M$25.4M50xas long as short
Paradex XMR-USD-PERP+0.0766%8h595.45+0.111%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.0842% / S −0.1411%1h594.79long leg$354K100x
Nado XMR-PERP+0.0863%1h595.76+0.163%$1.3M$477K10xas long as short
Orderly PERP_XMR_USDC+0.0879%8h595.85+0.177%$48K$729K10xas long as short
Extended XMR-USD+0.1152%1h595.78+0.166%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1634%1h596.79+0.336%$86.9M$65.5M5xas long as short
Aftermath Perps XMRUSD+0.2348%1h594.66−0.022%$2K$47K10xas long as short
HTX XMR-USDT+0.2386%8h593.00−0.302%$1.1M$1.4M20xas long as short