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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.1103%/8h= −120.7% APRpaid last 24h +0.003%
Price spread now: BingX against Hyperliquid−0.172%7-day average +0.037% · 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 7 days−0.072%−$7 on $10k
Price spread, last 7 days+0.170%+$17 · spread now −0.172%, 7d avg +0.037%
Together, before fees+0.097%+ Points / potential airdropHyperliquid: Season 2 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and BingX is 0.209% cheaper against Hyperliquid than usual: you would sell low and buy high (−$21 if the spread goes back to its 7-day average of +0.037%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XMR591.770.1498pay 0.0187% / 1h54m 57s$85.7M$65.2M5x
ShortBingX XMR-USDT590.750.0395get 0.0395% / 8h2h 54m$5.8M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Hyperliquid. 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
−$231.57
Price spread: −0.172% → +0.037%
−$20.91
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee BingX: 5 bp × 2 orders
−$10
Net
−$271.48
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Hyperliquid: live order book, 9 min ago; BingX: live order book, 10 min ago. 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 Hyperliquid live order book, 9 min ago1.60 bp8.5 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago0.59 bp13.0 bp −$1325.4 bp −$25480.2 bp −$8,018doesn'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%1h589.74−0.343%$107K$49K5xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h590.17−0.270%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h554.47−6.303%$3K$5K12xas long as short
Bybit XMRUSDT+0.0100%8h590.43−0.226%$47.2M$60.6M75xas long as short
Backpack XMR_USDC_PERP+0.0100%1h590.24−0.259%$212K$555K20xas long as short
edgeX XMRUSDC+0.0100%4h589.80−0.332%$1.0M$671K10xas long as short
SunX XMR-USDT+0.0100%8h590.07−0.287%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0176%1h590.83−0.160%$12K3xas long as short
SoDEX XMR-USD+0.0259%1h591.07−0.118%$449K$4K5xas long as short
Polymarket Perps XMR-USD+0.0264%1h591.03−0.125%$24K$1.8M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XMR+0.0320%1h590.81−0.162%$3.5M$6.6M10xas long as short
Gate XMR_USDT+0.0329%8h590.18−0.269%$1.6M$4.5M50xas long as short
Variational Omni XMR+0.0332%8h590.44−0.224%$6.9M$2.8Mas long as short
Binance XMRUSDT+0.0386%8h590.86−0.154%$54.3M$161.8M75xas long as short
MEXC XMR_USDT+0.0389%8h591.00−0.130%$22.6M$15.1M100xas long as short
BingX XMR-USDTshort+0.0395%8h590.75−0.172%$5.8M
Bitget XMRUSDT+0.0411%8h590.68−0.184%$9.8M$14.0M50xas long as short
BloFin XMR-USDT+0.0542%8h591.16−0.103%$2.5M$11.3M75xas long as short
Aster XMRUSDT+0.0576%8h590.80−0.164%$669K$2.4M75xas long as short
Kraken Futures PF_XMRUSD+0.0616%1h590.06−0.289%$5.5M$20.3M50xas long as short
Pacifica XMR+0.0619%1h590.93−0.142%$268K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0619%8h590.64−0.191%$49.1M$25.6M50xas long as short
GRVT XMR_USDT_Perp+0.0653%8h590.62−0.194%$346K$798K10xas long as short
Nado XMR-PERP+0.0669%1h590.88−0.150%$1.3M$477K10xas long as short
Paradex XMR-USD-PERP+0.0737%8h590.85−0.155%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0838% / S −0.1411%1h590.22−0.262%$351K100xas long as short
Orderly PERP_XMR_USDC+0.0879%8h590.96−0.137%$48K$729K10xas long as short
Extended XMR-USD+0.1128%1h590.28−0.252%$3.1M$6.8M25xas long as short
Hyperliquid XMRlong+0.1498%1h591.77long leg$85.7M$65.2M5x
Aftermath Perps XMRUSD+0.2228%1h590.45−0.222%$1K$47K10xas long as short
HTX XMR-USDT+0.2284%8h590.23−0.260%$1.1M$1.4M20xas long as short