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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0313%/8h= +34.3% APRnext payment +$0.39 per $10,000 · paid last 24h +0.196%
Price spread now: dYdX against Lighter−0.087%7-day average −0.178% · you buy dearer than you sell
Net, funding: paid 7d − costs−$239as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$2972.965% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.573%+$57 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now −0.087%, 7d avg −0.178%
Together, before fees+0.524%+ Points / potential airdropLighter: Season 3 · farm board+$52 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and dYdX is 0.090% dearer against Lighter than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.178%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XMR575.900.0096pay 0.0012% / 1h44m 39s$3.3M$7.4M10x
ShortdYdX XMR-USD575.390.0409get 0.0051% / 1h44m 39s$104K$44K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$65.7
Price spread: −0.087% → −0.178%
$9.03
Slippage, 4 orders
−$286.55
Fee Lighter: 0 bp × 2 orders
$0
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$221.82
Costs to cover
2.965%
Break-even
30.6 days
Slippage from Lighter: live order book, 9 min ago; dYdX: live order book, 14 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, 9 min ago3.15 bp5.0 bp −$513.2 bp −$132140.5 bp −$14.1Kdoesn't fit
Sell dYdX live order book, 14 min ago134.90 bp139.9 bp −$140139.9 bp −$1,399350.6 bp −$35.1K1587.4 bp −$793.7K

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
Injective XMR/USDC PERP−0.0136%1h582.55+1.155%$3K$3K12xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0010%1h575.70−0.034%$45K150xas long as short
Lighter XMRlong+0.0096%1h575.90long leg$3.3M$7.4M10x
edgeX XMRUSDC+0.0100%4h578.82+0.507%$1.0M$656K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h576.73+0.144%$29K$2.1M5xas long as short
SunX XMR-USDT+0.0100%8h575.87−0.005%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h575.36−0.093%$1.1M$1.6M20xas long as short
Kraken Futures PF_XMRUSD+0.0149%1h574.93−0.168%$5.4M$19.6M50xas long as short
Aevo XMR-PERP+0.0200%1h576.57+0.116%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0372%1h575.64−0.045%$169K$534K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XMR-USDshort+0.0409%1h575.39−0.087%$104K$44K5x
Bybit XMRUSDT+0.0419%8h576.72+0.143%$46.8M$64.0M75xas long as short
Gate XMR_USDT+0.0427%8h575.52−0.066%$1.5M$4.5M50xas long as short
Binance XMRUSDT+0.0482%8h576.28+0.066%$52.5M$164.7M75xas long as short
MEXC XMR_USDT+0.0484%8h576.50+0.105%$20.3M$14.9M100xas long as short
BingX XMR-USDT+0.0542%8h576.17+0.047%$5.6Mas long as short
Bitget XMRUSDT+0.0564%8h575.67−0.040%$9.4M$14.0M50xas long as short
KuCoin XMRUSDTM+0.0600%8h574.86−0.180%$45.8M$25.0M50xas long as short
Pacifica XMR+0.0626%1h576.31+0.072%$266K$1.1M10xas long as short
Hyperliquid XMR+0.0640%1h576.02+0.021%$86.6M$71.2M5xas long as short
Nado XMR-PERP+0.0668%1h577.06+0.202%$1.3M$464K10xas long as short
Aster XMRUSDT+0.0684%8h575.57−0.056%$644K$2.4M75xas long as short
SoDEX XMR-USD+0.0716%1h576.41+0.089%$438K$3K5xas long as short
Extended XMR-USD+0.0728%1h575.81−0.016%$3.1M$8.3M25xas long as short
BloFin XMR-USDT+0.0751%8h576.42+0.091%$2.7M$11.2M75xas long as short
Paradex XMR-USD-PERP+0.0785%8h576.26+0.063%$8K$4K20xas long as short
GRVT XMR_USDT_Perp+0.0851%8h579.20+0.573%$336K$741K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0990% / S −0.1252%1h575.53−0.063%$592K100xas long as short
Variational Omni XMR+0.1031%8h578.24+0.407%$6.6M$2.3Mas long as short
Orderly PERP_XMR_USDC+0.1106%8h576.30+0.070%$41K$720K10xas long as short
Aftermath Perps XMRUSD+0.2235%1h578.63+0.475%$1K$45K10xas long as short