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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0422%/8h= +46.2% APRnext payment +$0.53 per $10,000 · paid last 24h +0.201%
Price spread now: Hyperliquid against Injective+0.436%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Hyperliquid is 0.436% dearer against Injective than usual: you sell high and buy low: +$44 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XMR/USDC PERP596.760.1312pay 0.0164% / 1h34m 37s$3K$6K12x
ShortHyperliquid XMR599.360.1734get 0.0217% / 1h34m 37s$90.5M$70.4M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Injective. 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
$88.58
Price spread: +0.436% → 0.000%
$43.57
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$123.13
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Injective: no order-book sample; Hyperliquid: live order book, 9 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 Injective no order-book sample
Sell Hyperliquid live order book, 9 min ago0.08 bp8.1 bp −$8doesn't fitdoesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h597.53+0.129%$45K150xas long as short
Bybit XMRUSDT+0.0100%8h598.91+0.360%$49.0M$63.1M75xas long as short
edgeX XMRUSDC+0.0100%4h599.04+0.383%$1.1M$664K10xas long as short
SunX XMR-USDT+0.0100%8h597.94+0.198%$2K$2.0M20xas long as short
Lighter XMR+0.0120%1h598.43+0.281%$3.4M$6.9M10xas long as short
Aevo XMR-PERP+0.0160%1h598.34+0.264%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0233%1h597.88+0.188%$204K$575K20xas long as short
MEXC XMR_USDT+0.0317%8h598.97+0.370%$22.2M$14.9M100xas long as short
Binance XMRUSDT+0.0318%8h598.92+0.362%$54.8M$164.3M75xas long as short
BingX XMR-USDT+0.0409%8h599.16+0.402%$5.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0433%8h598.64+0.315%$10.0M$14.3M50xas long as short
Variational Omni XMR+0.0439%8h599.98+0.539%$6.9M$2.6Mas long as short
BloFin XMR-USDT+0.0446%8h598.51+0.293%$2.8M$11.7M75xas long as short
Kraken Futures PF_XMRUSD+0.0460%1h597.37+0.102%$5.7M$20.5M50xas long as short
Gate XMR_USDT+0.0504%8h598.20+0.241%$1.7M$4.6M50xas long as short
Pacifica XMR+0.0565%1h599.19+0.407%$281K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0577%8h598.43+0.280%$48.9M$26.0M50xas long as short
Aster XMRUSDT+0.0587%8h598.25+0.250%$683K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0594%8h599.70+0.493%$352K$794K10xas long as short
SoDEX XMR-USD+0.0693%1h598.41+0.276%$455K$3K5xas long as short
Polymarket Perps XMR-USD+0.0705%1h599.14+0.399%$22K$1.7M5xas long as short
Paradex XMR-USD-PERP+0.0858%8h598.89+0.357%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0883% / S −0.2497%1h597.46+0.118%$564K100xas long as short
Orderly PERP_XMR_USDC+0.0946%8h598.35+0.266%$44K$729K10xas long as short
Nado XMR-PERP+0.1187%1h598.78+0.339%$1.3M$476K10xas long as short
Injective XMR/USDC PERPlong+0.1312%1h596.76long leg$3K$6K12x
Hyperliquid XMRshort+0.1734%1h599.36+0.436%$90.5M$70.4M5x
Extended XMR-USD+0.1744%1h599.02+0.378%$3.2M$6.9M25xas long as short
HTX XMR-USDT+0.1986%8h597.75+0.166%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2312%1h598.73+0.331%$2K$47K10xas long as short
dYdX XMR-USD+0.2578%1h597.01+0.042%$108K$50K5xas long as short