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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0321%/8h= −35.1% APRnext payment $3.21 per $10,000 · paid last 24h +0.138%
Price spread now: Variational Omni against GRVT−0.073%7-day average +0.016% · you buy dearer than you sell
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)+0.145%+$14 on $10k
Price spread, last 3 days (all we have)−0.035%−$4 · spread now −0.073%, 7d avg +0.016%
Together, before fees+0.109%+ Points / potential airdropGRVT: Active · Variational Omni: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Variational Omni is 0.089% cheaper against GRVT than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.016%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.145%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT XMR_USDT_Perp591.830.0641pay 0.0641% / 8h2h 48m$347K$798K10x
ShortVariational Omni XMR591.400.0320get 0.0320% / 8h2h 48m$6.9M$2.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$67.38
Price spread: −0.073% → +0.016%
−$8.88
Slippage, 4 orders
no order book: not counted
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$85.26
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: GRVT: live order book, 39 min ago; Variational Omni: RFQ quote, just now. 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, 39 min ago1.19 bp9.2 bp −$96042.9 bp −$60.4Kdoesn't fitdoesn't fit
Sell Variational Omni RFQ quote, just now3.04 bpdoesn't fit27.9 bp −$279doesn't fitdoesn't fit

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
dYdX XMR-USD0.0000%1h590.62−0.204%$107K$49K5xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h591.68−0.026%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h554.47−6.312%$3K$5K12xas long as short
Bybit XMRUSDT+0.0100%8h591.58−0.042%$47.3M$60.6M75xas long as short
Backpack XMR_USDC_PERP+0.0100%1h591.20−0.106%$204K$558K20xas long as short
edgeX XMRUSDC+0.0100%4h590.27−0.263%$1.0M$672K10xas long as short
SunX XMR-USDT+0.0100%8h591.19−0.108%$2K$1.9M20xas long as short
SoDEX XMR-USD+0.0100%1h591.91+0.014%$450K$4K5xas long as short
Polymarket Perps XMR-USD+0.0127%1h592.17+0.058%$24K$1.8M5xas long as short
Lighter XMR+0.0136%1h591.87+0.007%$3.5M$6.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo XMR-PERP+0.0176%1h591.99+0.028%$12K3xas long as short
Gate XMR_USDT+0.0317%8h591.46−0.062%$1.6M$4.5M50xas long as short
Variational Omni XMRshort+0.0320%8h591.40−0.073%$6.9M$2.8M
Binance XMRUSDT+0.0377%8h591.91+0.014%$54.3M$161.8M75xas long as short
MEXC XMR_USDT+0.0380%8h591.86+0.005%$22.7M$15.2M100xas long as short
BingX XMR-USDT+0.0390%8h591.69−0.023%$5.8Mas long as short
Bitget XMRUSDT+0.0401%8h591.65−0.030%$9.8M$13.9M50xas long as short
BloFin XMR-USDT+0.0533%8h591.95+0.021%$2.8M$11.3M75xas long as short
Aster XMRUSDT+0.0563%8h592.07+0.041%$668K$2.4M75xas long as short
Kraken Futures PF_XMRUSD+0.0615%1h590.99−0.142%$5.6M$20.3M50xas long as short
KuCoin XMRUSDTM+0.0618%8h591.82−0.001%$49.2M$25.4M50xas long as short
Pacifica XMR+0.0619%1h592.15+0.055%$268K$1.0M10xas long as short
GRVT XMR_USDT_Perplong+0.0641%8h591.83long leg$347K$798K10x
Nado XMR-PERP+0.0669%1h592.00+0.028%$1.3M$477K10xas long as short
Paradex XMR-USD-PERP+0.0733%8h591.84+0.002%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0840% / S −0.1411%1h591.45−0.064%$352K100xas long as short
Orderly PERP_XMR_USDC+0.0867%8h591.87+0.007%$48K$729K10xas long as short
Extended XMR-USD+0.1056%1h591.71−0.020%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1472%1h592.96+0.190%$86.0M$65.1M5xas long as short
Aftermath Perps XMRUSD+0.2236%1h591.15−0.115%$1K$47K10xas long as short
HTX XMR-USDT+0.2302%8h589.96−0.316%$1.1M$1.4M20xas long as short