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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0823%/8h= +90.1% APRnext payment +$1.03 per $10,000 · paid last 24h +0.177%
Price spread now: Lighter against Injective−1.241%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding pays, the price is against you. Lighter is 1.241% cheaper against Injective than usual: you would sell low and buy high (spread −1.241% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$124 on $10k: about 5.0 days of funding at the current rate (+$25 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XMR/USDC PERP582.550.0033pay 0.0004% / 1h18m 34s$3K$3K12x
ShortLighter XMR575.320.0856get 0.0107% / 1h18m 34s$3.1M$7.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$172.76
Price spread: −1.241% → 0.000%
−$124.14
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter: 0 bp × 2 orders
$0
Net
$48.6
Costs to cover
0.000%
Break-even
5.0 days
Slippage unknown: Injective: no order-book sample; Lighter: live order book, 5 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 Lighter live order book, 5 min ago1.55 bp7.6 bp −$820.9 bp −$209135.1 bp −$13.5Kdoesn'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 −0.0003%1h574.39−1.401%$38K150xas long as short
Injective XMR/USDC PERPlong+0.0033%1h582.55long leg$3K$3K12x
edgeX XMRUSDC+0.0100%4h575.74−1.170%$1.0M$642K10xas long as short
SunX XMR-USDT+0.0100%8h575.00−1.296%$2K$1.8M20xas long as short
HTX XMR-USDT+0.0100%8h574.95−1.305%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0240%1h576.18−1.093%$12K3xas long as short
KuCoin XMRUSDTM+0.0325%8h575.06−1.286%$45.2M$26.2M50xas long as short
dYdX XMR-USD+0.0345%1h574.53−1.377%$104K$44K5xas long as short
Bitget XMRUSDT+0.0580%8h575.81−1.157%$9.5M$13.3M50xas long as short
MEXC XMR_USDT+0.0625%8h575.97−1.130%$20.0M$14.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0626%8h576.03−1.119%$52.7M$160.6M75xas long as short
Polymarket Perps XMR-USD+0.0659%1h575.61−1.191%$27K$2.2M5xas long as short
Gate XMR_USDT+0.0663%8h575.45−1.219%$1.6M$4.3M50xas long as short
BingX XMR-USDT+0.0673%8h575.83−1.154%$5.6Mas long as short
Extended XMR-USD+0.0696%1h575.47−1.216%$3.1M$8.2M25xas long as short
Bybit XMRUSDT+0.0706%8h576.17−1.095%$46.6M$64.0M75xas long as short
Kraken Futures PF_XMRUSD+0.0745%1h574.66−1.354%$5.4M$19.0M50xas long as short
Aster XMRUSDT+0.0783%8h575.87−1.146%$648K$2.2M75xas long as short
Lighter XMRshort+0.0856%1h575.32−1.241%$3.1M$7.6M10x
Paradex XMR-USD-PERP+0.0893%8h575.34−1.237%$8K$4K20xas long as short
Pacifica XMR+0.0912%1h575.42−1.223%$266K$1.0M10xas long as short
GRVT XMR_USDT_Perp+0.1016%8h575.49−1.212%$346K$727K10xas long as short
BloFin XMR-USDT+0.1030%8h575.88−1.145%$2.7M$11.2M75xas long as short
Hyperliquid XMR+0.1058%1h575.46−1.217%$86.8M$70.8M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1085% / S −0.1451%1h574.44−1.391%$595K100xas long as short
Variational Omni XMR+0.1174%8h575.62−1.189%$6.4M$2.3Mas long as short
Orderly PERP_XMR_USDC+0.1192%8h575.56−1.200%$40K$677K10xas long as short
Nado XMR-PERP+0.1243%1h575.49−1.212%$1.3M$450K10xas long as short
SoDEX XMR-USD+0.1295%1h575.66−1.183%$438K$3K5xas long as short
Backpack XMR_USDC_PERP+0.1421%1h575.35−1.236%$169K$532K20xas long as short
Aftermath Perps XMRUSD+0.2026%1h574.60−1.365%$2K$42K10xas long as short