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−0.0188%/8h= −20.6% APRpaid last 24h −0.122%
Price spread now: Bybit against Lighter+0.028%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.411%−$41 on $10k
Price spread, last 7 days+0.010%+$1 · spread now +0.028%, 7d avg +0.018%
Together, before fees−0.401%+ Points / potential airdropLighter: Season 3 · farm board−$40 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XMR601.980.0288pay 0.0036% / 1h55m 38s$3.4M$6.9M10x
ShortBybit XMRUSDT602.150.0100get 0.0100% / 8h55m 38s$49.0M$62.5M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$39.48
Price spread: +0.028% → +0.018%
$1.07
Slippage, 4 orders
−$21.43
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$70.84
Costs to cover
0.324%
Break-even
never at this rate
Slippage from Lighter: live order book, 8 min ago; Bybit: live order book, 3 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, 8 min ago2.52 bp5.0 bp −$517.9 bp −$179127.8 bp −$12.8Kdoesn't fit
Sell Bybit live order book, 3 min ago0.08 bp13.9 bp −$1423.0 bp −$23088.7 bp −$8,865doesn'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 −0.0009%1h601.16−0.137%$45K150xas long as short
Bybit XMRUSDTshort+0.0100%8h602.15+0.028%$49.0M$62.5M75x
edgeX XMRUSDC+0.0100%4h600.60−0.229%$1.1M$664K10xas long as short
SunX XMR-USDT+0.0100%8h601.44−0.090%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0160%1h601.89−0.015%$12K3xas long as short
Lighter XMRlong+0.0288%1h601.98long leg$3.4M$6.9M10x
MEXC XMR_USDT+0.0326%8h602.23+0.042%$22.5M$14.9M100xas long as short
Binance XMRUSDT+0.0327%8h601.81−0.028%$55.1M$163.7M75xas long as short
Variational Omni XMR+0.0347%8h599.64−0.388%$6.9M$2.5Mas long as short
BingX XMR-USDT+0.0401%8h602.13+0.025%$5.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0427%8h602.27+0.048%$10.1M$14.3M50xas long as short
Kraken Futures PF_XMRUSD+0.0457%1h601.20−0.129%$5.7M$20.5M50xas long as short
BloFin XMR-USDT+0.0460%8h600.02−0.325%$2.8M$11.6M75xas long as short
Gate XMR_USDT+0.0546%8h601.52−0.076%$1.7M$4.6M50xas long as short
Pacifica XMR+0.0565%1h602.15+0.028%$283K$1.0M10xas long as short
KuCoin XMRUSDTM+0.0582%8h601.76−0.036%$49.2M$25.9M50xas long as short
Aster XMRUSDT+0.0585%8h602.00+0.003%$694K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0610%8h600.14−0.305%$350K$797K10xas long as short
Polymarket Perps XMR-USD+0.0662%1h602.29+0.052%$23K$1.8M5xas long as short
Backpack XMR_USDC_PERP+0.0723%1h601.64−0.056%$205K$575K20xas long as short
SoDEX XMR-USD+0.0773%1h602.06+0.013%$458K$3K5xas long as short
Paradex XMR-USD-PERP+0.0873%8h601.95−0.004%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0888% / S −0.2391%1h600.95−0.170%$547K100xas long as short
Nado XMR-PERP+0.0953%1h601.84−0.024%$1.3M$475K10xas long as short
Orderly PERP_XMR_USDC+0.0958%8h601.74−0.040%$44K$729K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76−0.867%$3K$6K12xas long as short
Hyperliquid XMR+0.1673%1h602.69+0.118%$90.7M$69.9M5xas long as short
Extended XMR-USD+0.1808%1h602.02+0.007%$3.2M$6.9M25xas long as short
HTX XMR-USDT+0.1957%8h599.37−0.433%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2328%1h599.96−0.335%$2K$47K10xas long as short
dYdX XMR-USD+0.2990%1h600.61−0.227%$109K$50K5xas long as short