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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0300%/8h= −32.8% APRnext payment $0.37 per $10,000 · paid last 24h −0.238%
Price spread now: gTrade (Gains Network) against Lighter−0.150%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 3 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
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and gTrade (Gains Network) is 0.150% cheaper against Lighter than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XMR574.270.0304pay 0.0038% / 1h32m 25s$3.1M$6.2M10x
ShortgTrade (Gains Network) XMR/USD573.41L +0.0010% / S −0.0004%get 0.0001% / 1h32m 25s$32K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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
−$62.96
Price spread: −0.150% → 0.000%
−$14.96
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$89.92
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: live order book, 6 min ago; gTrade (Gains Network): no order-book sample. 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 Lighter live order book, 6 min ago3.56 bp4.2 bp −$413.0 bp −$130124.4 bp −$12.4Kdoesn't fit
Sell gTrade (Gains Network) no order-book sample
gTrade (Gains Network): 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/USDshortL +0.0010% / S −0.0004%1h573.41−0.150%$32K150x
Injective XMR/USDC PERP+0.0033%1h582.55+1.441%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h572.48−0.313%$1.0M$633K10xas long as short
SunX XMR-USDT+0.0100%8h573.82−0.079%$2K$1.6M20xas long as short
HTX XMR-USDT+0.0100%8h572.77−0.262%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0240%1h572.94−0.232%$12K3xas long as short
Lighter XMRlong+0.0304%1h574.27long leg$3.1M$6.2M10x
KuCoin XMRUSDTM+0.0317%8h573.75−0.091%$45.2M$23.5M50xas long as short
Extended XMR-USD+0.0368%1h574.04−0.040%$3.0M$8.4M25xas long as short
Polymarket Perps XMR-USD+0.0508%1h574.11−0.028%$22K$2.0M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0591%8h574.49+0.038%$9.5M$12.0M50xas long as short
BingX XMR-USDT+0.0618%8h574.21−0.011%$5.4Mas long as short
Kraken Futures PF_XMRUSD+0.0633%1h573.47−0.141%$5.4M$16.8M50xas long as short
Binance XMRUSDT+0.0635%8h574.24−0.005%$52.3M$139.1M75xas long as short
MEXC XMR_USDT+0.0636%8h574.28+0.001%$20.0M$14.4M100xas long as short
Bybit XMRUSDT+0.0643%8h574.04−0.041%$46.5M$60.3M75xas long as short
Gate XMR_USDT+0.0661%8h573.86−0.072%$1.5M$3.3M50xas long as short
dYdX XMR-USD+0.0749%1h573.33−0.165%$104K$43K5xas long as short
Aster XMRUSDT+0.0793%8h574.00−0.048%$635K$2.0M75xas long as short
Backpack XMR_USDC_PERP+0.0817%1h574.11−0.028%$174K$524K20xas long as short
Paradex XMR-USD-PERP+0.0832%8h574.44+0.028%$8K$3K20xas long as short
Hyperliquid XMR+0.0832%1h574.24−0.006%$87.0M$65.8M5xas long as short
SoDEX XMR-USD+0.0990%1h574.47+0.034%$437K$3K5xas long as short
GRVT XMR_USDT_Perp+0.0990%8h572.20−0.361%$341K$711K10xas long as short
Pacifica XMR+0.1002%1h574.36+0.016%$265K$927K10xas long as short
Nado XMR-PERP+0.1007%1h574.20−0.014%$1.3M$445K10xas long as short
BloFin XMR-USDT+0.1050%8h574.20−0.013%$2.7M$10.8M75xas long as short
Variational Omni XMR+0.1113%8h572.30−0.343%$6.2M$2.4Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1133% / S −0.1496%1h573.26−0.176%$594K100xas long as short
Orderly PERP_XMR_USDC+0.1186%8h574.08−0.034%$40K$588K10xas long as short
Aftermath Perps XMRUSD+0.1934%1h573.67−0.105%$1K$41K10xas long as short