Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.744%

Price spread now: gTrade (Gains Network) against HTX−0.108%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and gTrade (Gains Network) is 0.108% cheaper against HTX than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	568.95	0.0100	pay 0.0100% / 8h	2h 57m	$1.0M	$1.6M	20x
Short	gTrade (Gains Network) XMR/USD	568.33	L +0.0010% / S −0.0003%	get 0.0000% / 1h	57m 09s	$37K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.108%Rate

Funding earned: −$20.3
Price spread: −0.108% → 0.000%: −$10.84
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$55.14
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 2 min ago; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 2 min ago	14.61 bp	51.4 bp −$51	doesn't fit	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XMR/USDshort	L +0.0010% / S −0.0003%	1h	568.33	−0.108%	$37K	—	150x
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.390%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	568.63	−0.056%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	569.37	+0.074%	$2K	$1.9M	20x	as long as short
HTX XMR-USDTlong	+0.0100%	8h	568.95	long leg	$1.0M	$1.6M	20x
Aevo XMR-PERP	+0.0224%	1h	569.95	+0.177%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0271%	8h	569.00	+0.009%	$44.7M	$26.5M	50x	as long as short
Bitget XMRUSDT	+0.0543%	8h	569.90	+0.167%	$9.4M	$13.5M	50x	as long as short
Gate XMR_USDT	+0.0566%	8h	568.88	−0.012%	$1.5M	$4.3M	50x	as long as short
MEXC XMR_USDT	+0.0576%	8h	569.95	+0.176%	$19.7M	$14.6M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0581%	8h	570.28	+0.233%	$52.2M	$163.4M	75x	as long as short
BingX XMR-USDT	+0.0613%	8h	570.04	+0.192%	—	$5.7M	—	as long as short
Paradex XMR-USD-PERP	+0.0667%	8h	569.42	+0.082%	$8K	$4K	20x	as long as short
Bybit XMRUSDT	+0.0679%	8h	569.98	+0.181%	$46.2M	$64.8M	75x	as long as short
Extended XMR-USD	+0.0688%	1h	569.83	+0.154%	$3.0M	$8.4M	25x	as long as short
Aster XMRUSDT	+0.0730%	8h	569.80	+0.149%	$638K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0753%	1h	568.85	−0.017%	$5.4M	$19.1M	50x	as long as short
Lighter XMR	+0.0864%	1h	569.74	+0.139%	$3.1M	$7.5M	10x	as long as short
Pacifica XMR	+0.0912%	1h	569.53	+0.102%	$264K	$1.0M	10x	as long as short
BloFin XMR-USDT	+0.0958%	8h	570.45	+0.264%	$2.7M	$11.1M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0972%	8h	568.55	−0.070%	$336K	$720K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1010% / S −0.1306%	1h	568.16	−0.140%	$589K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.1043%	1h	569.77	+0.144%	$28K	$2.2M	5x	as long as short
Variational Omni XMR	+0.1158%	8h	569.03	+0.014%	$6.3M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1161%	8h	569.91	+0.169%	$40K	$723K	10x	as long as short
Nado XMR-PERP	+0.1272%	1h	570.11	+0.204%	$1.3M	$458K	10x	as long as short
Hyperliquid XMR	+0.1379%	1h	569.93	+0.172%	$85.9M	$71.4M	5x	as long as short
Backpack XMR_USDC_PERP	+0.1759%	1h	568.46	−0.086%	$167K	$533K	20x	as long as short
SoDEX XMR-USD	+0.1861%	1h	569.83	+0.155%	$433K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1975%	1h	569.85	+0.158%	$1K	$43K	10x	as long as short
dYdX XMR-USD	+0.2661%	1h	568.09	−0.151%	$103K	$44K	5x	as long as short