Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0149%/8h= −16.3% APRpaid last 24h −0.621%

Price spread now: Extended against HTX+0.081%7-day average +0.289% · you sell dearer than you buy

Net, funding: paid 7d − costs−$251as in the Funding arb table

Net, price: spread back to 7d avg − costs−$125as in the Price arb table

costs, in and out, $10k−$1041.041% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−1.464%−$146 on $10k

Price spread, last 3 days (all we have)+0.645%+$65 · spread now +0.081%, 7d avg +0.289%

Together, before fees−0.819%+ Points / potential airdropExtended: Active · farm board−$82 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Extended is 0.208% cheaper against HTX than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.289%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	599.48	0.1949	pay 0.1949% / 8h	57m 17s	$1.1M	$1.5M	20x
Short	Extended XMR-USD	599.96	0.1800	get 0.0225% / 1h	57m 17s	$3.1M	$6.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee ExtendedbpOrdersPrice spread, now +0.081%Rate

Funding earned: −$31.3
Price spread: +0.081% → +0.289%: −$20.8
Slippage, 4 orders: −$87.1
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$156.2
Costs to cover: 1.041%
Break-even: never at this rate

Slippage from HTX: live order book, 1 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 1 min ago	20.96 bp	45.2 bp −$45	312.4 bp −$3,124	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	0.83 bp	6.0 bp −$6	11.6 bp −$116	doesn't fit	doesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	599.93	+0.076%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	600.33	+0.142%	$48.9M	$62.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	600.60	+0.187%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	599.17	−0.052%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	599.93	+0.075%	$12K	—	3x	as long as short
Lighter XMR	+0.0192%	1h	599.88	+0.067%	$3.4M	$6.9M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0314%	1h	599.76	+0.047%	$204K	$575K	20x	as long as short
Binance XMRUSDT	+0.0328%	8h	600.21	+0.122%	$55.0M	$163.6M	75x	as long as short
MEXC XMR_USDT	+0.0328%	8h	601.00	+0.254%	$22.5M	$14.9M	100x	as long as short
Variational Omni XMR	+0.0347%	8h	599.64	+0.027%	$6.9M	$2.5M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0401%	8h	601.23	+0.292%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0422%	8h	600.14	+0.110%	$10.0M	$14.2M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0459%	1h	599.01	−0.079%	$5.7M	$20.5M	50x	as long as short
BloFin XMR-USDT	+0.0460%	8h	600.02	+0.090%	$2.8M	$11.6M	75x	as long as short
Polymarket Perps XMR-USD	+0.0493%	1h	600.93	+0.242%	$23K	$1.8M	5x	as long as short
Gate XMR_USDT	+0.0544%	8h	600.29	+0.135%	$1.7M	$4.6M	50x	as long as short
Pacifica XMR	+0.0565%	1h	600.74	+0.210%	$283K	$1.0M	10x	as long as short
SoDEX XMR-USD	+0.0570%	1h	600.03	+0.092%	$456K	$3K	5x	as long as short
KuCoin XMRUSDTM	+0.0577%	8h	600.43	+0.158%	$49.1M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0580%	8h	600.84	+0.227%	$693K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0610%	8h	600.14	+0.110%	$350K	$797K	10x	as long as short
Nado XMR-PERP	+0.0841%	1h	600.65	+0.195%	$1.3M	$475K	10x	as long as short
Paradex XMR-USD-PERP	+0.0857%	8h	600.63	+0.192%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0885% / S −0.2289%	1h	599.84	+0.060%	$550K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0957%	8h	600.74	+0.210%	$44K	$729K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.454%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1488%	1h	601.21	+0.289%	$90.4M	$69.9M	5x	as long as short
Extended XMR-USDshort	+0.1800%	1h	599.96	+0.081%	$3.1M	$6.9M	25x
HTX XMR-USDTlong	+0.1949%	8h	599.48	long leg	$1.1M	$1.5M	20x
dYdX XMR-USD	+0.2328%	1h	599.00	−0.080%	$109K	$50K	5x	as long as short
Aftermath Perps XMRUSD	+0.2332%	1h	599.46	−0.004%	$2K	$47K	10x	as long as short