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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0901%/8h= +98.6% APRnext payment +$1.13 per $10,000 · paid last 24h +0.305%
Price spread now: Nado against Injective−1.164%109s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Funding pays, the price is against you. Nado is 1.164% cheaper against Injective than usual: you would sell low and buy high (spread −1.164% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$116 on $10k: about 4.3 days of funding at the current rate (+$27 a day). The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective XMR/USDC PERP582.550.0033pay 0.0004% / 1h57m 36s$3K$3K12x
ShortNado XMR-PERP575.770.0934get 0.0117% / 1h57m 36s$1.3M$460K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
$189.12
Price spread: −1.164% → 0.000%
−$116.38
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$65.71
Costs to cover
0.070%
Break-even
4.6 days
Slippage unknown: Injective: no order-book sample; Nado: live order book, 1 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 Nado live order book, 1 min ago6.51 bp13.1 bp −$1333.4 bp −$334doesn'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 −0.0008%1h574.53−1.376%$50K150xas long as short
Injective XMR/USDC PERPlong+0.0033%1h582.55long leg$3K$3K12x
edgeX XMRUSDC+0.0100%4h576.01−1.123%$1.0M$644K10xas long as short
SunX XMR-USDT+0.0100%8h575.17−1.267%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h575.55−1.202%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h575.72−1.172%$12K3xas long as short
Kraken Futures PF_XMRUSD+0.0225%1h574.16−1.440%$5.4M$19.5M50xas long as short
Lighter XMR+0.0344%1h575.39−1.229%$3.2M$7.5M10xas long as short
Backpack XMR_USDC_PERP+0.0348%1h575.13−1.274%$170K$534K20xas long as short
KuCoin XMRUSDTM+0.0388%8h574.77−1.336%$45.0M$26.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XMR_USDT+0.0447%8h574.82−1.327%$1.6M$4.5M50xas long as short
Bybit XMRUSDT+0.0478%8h575.37−1.233%$46.9M$64.4M75xas long as short
BingX XMR-USDT+0.0487%8h575.55−1.202%$5.6Mas long as short
Polymarket Perps XMR-USD+0.0503%1h575.01−1.294%$25K$2.1M5xas long as short
Bitget XMRUSDT+0.0511%8h575.36−1.234%$9.4M$13.7M50xas long as short
MEXC XMR_USDT+0.0513%8h575.68−1.179%$20.2M$14.7M100xas long as short
Binance XMRUSDT+0.0513%8h575.45−1.219%$52.6M$164.2M75xas long as short
dYdX XMR-USD+0.0591%1h574.43−1.393%$104K$44K5xas long as short
Pacifica XMR+0.0682%1h575.75−1.167%$266K$1.0M10xas long as short
Aster XMRUSDT+0.0683%8h575.14−1.272%$638K$2.3M75xas long as short
Extended XMR-USD+0.0736%1h575.38−1.231%$3.1M$8.4M25xas long as short
BloFin XMR-USDT+0.0823%8h575.79−1.160%$2.7M$11.2M75xas long as short
GRVT XMR_USDT_Perp+0.0902%8h575.97−1.130%$345K$721K10xas long as short
Paradex XMR-USD-PERP+0.0925%8h575.74−1.168%$8K$4K20xas long as short
Nado XMR-PERPshort+0.0934%1h575.77−1.164%$1.3M$460K10x
Hyperliquid XMR+0.0986%1h575.31−1.243%$86.6M$71.2M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0989% / S −0.1254%1h574.38−1.402%$591K100xas long as short
Variational Omni XMR+0.1050%8h576.81−0.985%$6.6M$2.2Mas long as short
SoDEX XMR-USD+0.1111%1h575.73−1.171%$438K$3K5xas long as short
Orderly PERP_XMR_USDC+0.1126%8h575.51−1.208%$40K$735K10xas long as short
Aftermath Perps XMRUSD+0.1929%1h575.63−1.187%$1K$44K10xas long as short