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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0254%/8h= +27.8% APRpaid last 24h +0.030%
Price spread now: BloFin against Lighter−0.064%90s7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.293% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.152%+$15 on $10k
Price spread, last 4 days (all we have)+0.307%+$31 · spread now −0.064%, 7d avg +0.051%
Together, before fees+0.459%+ Points / potential airdropLighter: Season 3 · farm board+$46 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.115% cheaper against Lighter than usual: you would sell low and buy high (spread −0.064% now, against its 7-day average of +0.051%). If the spread goes back, that is −$11 on $10k: about 36 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.152% in total) that is about 5.3 days. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.152% in total (about 7.9% 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
LongLighter XMR582.500.0536pay 0.0067% / 1h35m 45s$3.3M$7.1M10x
ShortBloFin XMR-USDT582.130.0790get 0.0790% / 8h5h 35m$2.7M$11.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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
$53.36
Price spread: −0.064% → +0.051%
−$11.5
Slippage, 4 orders
−$17.32
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$12.53
Costs to cover
0.293%
Break-even
5.4 days
Slippage from Lighter: live order book, 12 min ago; BloFin: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 12 min ago2.15 bp2.2 bp −$212.7 bp −$127131.1 bp −$13.1Kdoesn't fit
Sell BloFin live order book, 8 min ago0.34 bp10.1 bp −$1031.3 bp −$313doesn't fitdoesn'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
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0010%1h581.37−0.195%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+0.008%$3K$6K12xas long as short
edgeX XMRUSDC+0.0100%4h582.20−0.053%$1.0M$657K10xas long as short
SunX XMR-USDT+0.0100%8h581.61−0.154%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h581.99−0.088%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h582.57+0.011%$12K3xas long as short
dYdX XMR-USD+0.0371%1h581.77−0.127%$105K$50K5xas long as short
Polymarket Perps XMR-USD+0.0467%1h582.08−0.073%$31K$2.1M5xas long as short
MEXC XMR_USDT+0.0516%8h582.77+0.045%$20.6M$15.2M100xas long as short
Binance XMRUSDT+0.0519%8h583.03+0.090%$53.1M$166.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XMRlong+0.0536%1h582.50long leg$3.3M$7.1M10x
Backpack XMR_USDC_PERP+0.0573%1h582.41−0.016%$171K$539K20xas long as short
Gate XMR_USDT+0.0608%8h582.20−0.052%$1.6M$4.5M50xas long as short
Bitget XMRUSDT+0.0611%8h583.04+0.092%$9.6M$14.2M50xas long as short
BingX XMR-USDT+0.0620%8h582.90+0.068%$5.7Mas long as short
Bybit XMRUSDT+0.0637%8h582.95+0.076%$47.3M$64.8M75xas long as short
Aster XMRUSDT+0.0710%8h581.89−0.106%$648K$2.4M75xas long as short
KuCoin XMRUSDTM+0.0771%8h582.18−0.056%$47.9M$26.1M50xas long as short
BloFin XMR-USDTshort+0.0790%8h582.13−0.064%$2.7M$11.4M75x
Kraken Futures PF_XMRUSD+0.0960%1h580.91−0.274%$5.5M$20.0M50xas long as short
Paradex XMR-USD-PERP+0.0976%8h582.68+0.029%$8K$4K20xas long as short
Nado XMR-PERP+0.0976%1h583.01+0.086%$1.3M$464K10xas long as short
GRVT XMR_USDT_Perp+0.0986%8h581.62−0.153%$344K$766K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0995% / S −0.1304%1h581.58−0.158%$648K100xas long as short
Pacifica XMR+0.0996%1h582.80+0.052%$264K$1.1M10xas long as short
Variational Omni XMR+0.1083%8h582.84+0.058%$6.6M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1097%8h582.71+0.035%$42K$736K10xas long as short
Hyperliquid XMR+0.1133%1h582.65+0.025%$87.6M$71.5M5xas long as short
SoDEX XMR-USD+0.1300%1h583.01+0.087%$443K$3K5xas long as short
Extended XMR-USD+0.1304%1h582.89+0.067%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2577%1h582.47−0.006%$2K$46K10xas long as short