Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.1468%/8h= −160.7% APRpaid last 24h −0.543%

Price spread now: Nado against HTX+0.524%7-day average +0.315% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1251.249% of the position

Long on HTX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−1.222%−$122 on $10k

Price spread, last 3 days (all we have)+0.239%+$24 · spread now +0.524%, 7d avg +0.315%

Together, before fees−0.982%+ Points / potential airdropNado: Active · farm board−$98 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Nado is 0.209% dearer against HTX than usual: you sell high and buy low (spread +0.524% now, against its 7-day average of +0.315%): +$21 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	592.96	0.2358	pay 0.2358% / 8h	2h 31m	$1.1M	$1.4M	20x
Short	Nado XMR-PERP	596.06	0.0891	get 0.0111% / 1h	31m 02s	$1.3M	$477K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.524%Rate

Funding earned: −$308.22
Price spread: +0.524% → +0.315%: $20.91
Slippage, 4 orders: −$105.87
Fee HTX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$412.18
Costs to cover: 1.249%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Nado: 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, 3 min ago	12.32 bp	59.7 bp −$60	doesn't fit	doesn't fit	doesn't fit
Sell Nado live order book, 2 min ago	8.39 bp	11.9 bp −$12	37.6 bp −$376	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	595.32	+0.397%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.180%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	594.23	+0.214%	$47.6M	$60.8M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	595.70	+0.462%	$1.1M	$673K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	595.43	+0.417%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	595.94	+0.503%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0226%	1h	594.96	+0.337%	$203K	$574K	20x	as long as short
Polymarket Perps XMR-USD	+0.0266%	1h	596.24	+0.553%	$33K	$1.8M	5x	as long as short
Variational Omni XMR	+0.0295%	8h	595.15	+0.369%	$6.9M	$2.8M	—	as long as short
Lighter XMR	+0.0296%	1h	595.76	+0.472%	$3.5M	$6.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0365%	8h	594.70	+0.293%	$22.6M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0365%	8h	594.88	+0.324%	$54.5M	$162.0M	75x	as long as short
SoDEX XMR-USD	+0.0366%	1h	596.06	+0.523%	$453K	$3K	5x	as long as short
BingX XMR-USDT	+0.0375%	8h	594.38	+0.239%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0393%	8h	594.67	+0.288%	$9.9M	$14.1M	50x	as long as short
Gate XMR_USDT	+0.0403%	8h	594.58	+0.273%	$1.6M	$4.5M	50x	as long as short
dYdX XMR-USD	+0.0419%	1h	593.73	+0.130%	$108K	$50K	5x	as long as short
BloFin XMR-USDT	+0.0513%	8h	596.35	+0.572%	$2.8M	$11.4M	75x	as long as short
Aster XMRUSDT	+0.0554%	8h	595.55	+0.436%	$674K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0611%	1h	595.05	+0.353%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	595.77	+0.474%	$269K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0626%	8h	595.36	+0.404%	$349K	$782K	10x	as long as short
KuCoin XMRUSDTM	+0.0631%	8h	595.87	+0.491%	$49.6M	$25.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0773%	8h	596.34	+0.570%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0842% / S −0.1411%	1h	595.28	+0.392%	$354K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0886%	8h	595.71	+0.464%	$48K	$729K	10x	as long as short
Nado XMR-PERPshort	+0.0891%	1h	596.06	+0.524%	$1.3M	$477K	10x
Extended XMR-USD	+0.1184%	1h	594.31	+0.228%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1659%	1h	595.68	+0.459%	$86.9M	$65.8M	5x	as long as short
HTX XMR-USDTlong	+0.2358%	8h	592.96	long leg	$1.1M	$1.4M	20x
Aftermath Perps XMRUSD	+0.2360%	1h	595.26	+0.388%	$2K	$47K	10x	as long as short