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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0222%/8h= −24.3% APRnext payment $2.22 per $10,000 · paid last 24h +0.341%
Price spread now: Orderly against GRVT+0.359%70s7-day average −0.005% · 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 7 days+0.778%+$78 on $10k
Price spread, last 3 days (all we have)−0.394%−$39 · spread now +0.359%, 7d avg −0.005%
Together, before fees+0.384%+ Points / potential airdropGRVT: Active · farm board+$38 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Orderly is 0.365% dearer against GRVT than usual: you sell high and buy low (spread +0.359% now, against its 7-day average of −0.005%): +$36 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 5.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.778%, so the current rate has only just turned against you. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XMR_USDT_Perp589.840.1240pay 0.1240% / 8h7h 40m$345K$805K10x
ShortOrderly PERP_XMR_USDC591.960.1018get 0.1018% / 8h7h 40m$42K$737K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against GRVT. 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
−$46.53
Price spread: +0.359% → −0.005%
$36.46
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$25.07
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: GRVT: live order book, 33 min ago; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 33 min ago0.09 bp11.2 bp −$1160661.6 bp −$606.6Kdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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%1h590.60+0.128%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.173%$3K$4K12xas long as short
dYdX XMR-USD+0.0096%1h590.14+0.050%$107K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h589.33−0.086%$1.0M$659K10xas long as short
SunX XMR-USDT+0.0100%8h591.46+0.275%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h591.00+0.197%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0184%1h590.38+0.091%$12K3xas long as short
MEXC XMR_USDT+0.0411%8h592.32+0.420%$21.5M$15.2M100xas long as short
Binance XMRUSDT+0.0412%8h592.15+0.392%$54.2M$166.9M75xas long as short
Bitget XMRUSDT+0.0512%8h592.38+0.431%$9.7M$14.6M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XMR-USDT+0.0593%8h590.88+0.176%$2.8M$11.6M75xas long as short
Aster XMRUSDT+0.0629%8h592.04+0.372%$655K$2.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0644%1h590.40+0.095%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h592.16+0.394%$278K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0664%8h592.13+0.388%$48.6M$26.2M50xas long as short
Variational Omni XMR+0.0778%8h592.85+0.511%$6.7M$2.6Mas long as short
Backpack XMR_USDC_PERP+0.0841%1h590.29+0.076%$200K$549K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0870% / S −0.2452%1h590.59+0.126%$549K100xas long as short
Orderly PERP_XMR_USDCshort+0.1018%8h591.96+0.359%$42K$737K10x
Paradex XMR-USD-PERP+0.1109%8h592.05+0.375%$8K$4K20xas long as short
Gate XMR_USDT+0.1172%8h591.82+0.336%$1.6M$4.6M50xas long as short
Lighter XMR+0.1224%1h591.90+0.350%$3.3M$7.1M10xas long as short
GRVT XMR_USDT_Perplong+0.1240%8h589.84long leg$345K$805K10x
Nado XMR-PERP+0.1327%1h592.20+0.401%$1.3M$467K10xas long as short
Polymarket Perps XMR-USD+0.1347%1h592.39+0.432%$48K$1.9M5xas long as short
BingX XMR-USDT+0.1375%8h592.25+0.409%$5.8Mas long as short
SoDEX XMR-USD+0.1496%1h591.51+0.283%$450K$3K5xas long as short
Bybit XMRUSDT+0.1603%8h592.39+0.432%$47.7M$64.6M75xas long as short
Hyperliquid XMR+0.2011%1h592.62+0.470%$89.5M$73.1M5xas long as short
Extended XMR-USD+0.2400%1h591.83+0.338%$3.2M$7.5M25xas long as short
Aftermath Perps XMRUSD+0.2495%1h590.62+0.133%$1K$46K10xas long as short