Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.2169%/8h= −237.5% APRpaid last 24h −0.704%

Price spread now: Polymarket Perps against HTX+0.505%7-day average +0.306% · you sell dearer than you buy

Net, funding: paid 7d − costs−$288as in the Funding arb table

Net, price: spread back to 7d avg − costs−$96as in the Price arb table

costs, in and out, $10k−$1151.154% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−1.729%−$173 on $10k

Price spread, last 3 days (all we have)+0.289%+$29 · spread now +0.505%, 7d avg +0.306%

Together, before fees−1.440%−$144 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.199% dearer against HTX than usual: you sell high and buy low (spread +0.505% now, against its 7-day average of +0.306%): +$20 on $10k if it goes back. Holding the pair costs −$65 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−1.729% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	592.45	0.2393	pay 0.2393% / 8h	2h 34m	$1.1M	$1.4M	20x
Short	Polymarket Perps XMR-USD	595.44	0.0223	get 0.0028% / 1h	34m 38s	$24K	$1.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.505%Rate

Funding earned: −$455.54
Price spread: +0.505% → +0.306%: $19.91
Slippage, 4 orders: −$95.41
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$551.04
Costs to cover: 1.154%
Break-even: never at this rate

Slippage from HTX: live order book, 4 min ago; Polymarket Perps: live order book, 4 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, 4 min ago	20.97 bp	59.3 bp −$59	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 4 min ago	2.69 bp	7.3 bp −$7	9.0 bp −$90	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	594.77	+0.392%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.095%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	594.83	+0.402%	$47.6M	$60.8M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	593.32	+0.147%	$1.1M	$672K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	594.74	+0.387%	$2K	$1.9M	20x	as long as short
Backpack XMR_USDC_PERP	+0.0156%	1h	594.94	+0.420%	$203K	$571K	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	595.55	+0.523%	$12K	—	3x	as long as short
Polymarket Perps XMR-USDshort	+0.0223%	1h	595.44	+0.505%	$24K	$1.8M	5x
Lighter XMR	+0.0280%	1h	595.15	+0.455%	$3.5M	$6.7M	10x	as long as short
Variational Omni XMR	+0.0295%	8h	595.15	+0.456%	$6.9M	$2.8M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XMR-USD	+0.0309%	1h	595.63	+0.537%	$453K	$4K	5x	as long as short
dYdX XMR-USD	+0.0334%	1h	594.39	+0.327%	$108K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0367%	8h	595.63	+0.537%	$22.7M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0367%	8h	595.34	+0.488%	$54.5M	$161.8M	75x	as long as short
BingX XMR-USDT	+0.0372%	8h	595.74	+0.555%	—	$5.8M	—	as long as short
Gate XMR_USDT	+0.0394%	8h	595.12	+0.451%	$1.6M	$4.5M	50x	as long as short
Bitget XMRUSDT	+0.0395%	8h	595.84	+0.572%	$9.9M	$14.0M	50x	as long as short
BloFin XMR-USDT	+0.0515%	8h	595.72	+0.552%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0554%	8h	595.29	+0.480%	$673K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0612%	1h	594.50	+0.346%	$5.6M	$20.3M	50x	as long as short
Pacifica XMR	+0.0619%	1h	595.52	+0.518%	$269K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0627%	8h	595.40	+0.497%	$349K	$782K	10x	as long as short
KuCoin XMRUSDTM	+0.0632%	8h	595.13	+0.452%	$49.5M	$25.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0766%	8h	595.45	+0.507%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0842% / S −0.1411%	1h	594.66	+0.373%	$353K	—	100x	as long as short
Nado XMR-PERP	+0.0850%	1h	595.12	+0.451%	$1.3M	$477K	10x	as long as short
Orderly PERP_XMR_USDC	+0.0876%	8h	595.27	+0.476%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1136%	1h	595.47	+0.510%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1624%	1h	596.68	+0.714%	$86.9M	$65.5M	5x	as long as short
Aftermath Perps XMRUSD	+0.2341%	1h	594.37	+0.324%	$2K	$47K	10x	as long as short
HTX XMR-USDTlong	+0.2393%	8h	592.45	long leg	$1.1M	$1.4M	20x