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−0.0575%/8h= −62.9% APRnext payment $0.72 per $10,000 · paid last 24h −0.172%
Price spread now: Injective against Lighter+1.578%66s7-day average · you sell dearer than you buy
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 4 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
The price spread pays, funding is against you. Injective is 1.578% dearer against Lighter than usual: you sell high and buy low (spread +1.578% now, against zero (this spread has no 7-day history yet)): +$158 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 9.2 days. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XMR573.500.0608pay 0.0076% / 1h10m 16s$3.1M$7.6M10x
ShortInjective XMR/USDC PERP582.550.0033get 0.0004% / 1h10m 16s$3K$3K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$120.68
Price spread: +1.578% → 0.000%
$157.79
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$37.09
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 3 min ago; Injective: 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, 3 min ago2.42 bp3.8 bp −$415.8 bp −$158122.2 bp −$12.2Kdoesn't fit
Sell Injective no order-book sample
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 −0.0003%1h572.54−0.168%$37K150xas long as short
Injective XMR/USDC PERPshort+0.0033%1h582.55+1.578%$3K$3K12x
edgeX XMRUSDC+0.0100%4h576.00+0.436%$1.0M$642K10xas long as short
SunX XMR-USDT+0.0100%8h573.19−0.054%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h573.00−0.087%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0224%1h575.81+0.403%$12K3xas long as short
Kraken Futures PF_XMRUSD+0.0226%1h572.61−0.155%$5.4M$19.1M50xas long as short
KuCoin XMRUSDTM+0.0294%8h573.57+0.012%$44.9M$26.4M50xas long as short
Paradex XMR-USD-PERP+0.0485%8h573.99+0.085%$8K$4K20xas long as short
Bitget XMRUSDT+0.0521%8h573.75+0.043%$9.5M$13.4M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XMR_USDT+0.0567%8h573.31−0.033%$1.5M$4.5M50xas long as short
Binance XMRUSDT+0.0570%8h573.48−0.004%$52.4M$163.0M75xas long as short
MEXC XMR_USDT+0.0571%8h573.74+0.042%$19.8M$14.7M100xas long as short
Lighter XMRlong+0.0608%1h573.50long leg$3.1M$7.6M10x
BingX XMR-USDT+0.0613%8h573.72+0.038%$5.6Mas long as short
Bybit XMRUSDT+0.0639%8h573.43−0.012%$46.6M$64.3M75xas long as short
Pacifica XMR+0.0682%1h573.74+0.042%$266K$1.0M10xas long as short
Extended XMR-USD+0.0688%1h573.42−0.013%$3.1M$8.3M25xas long as short
Backpack XMR_USDC_PERP+0.0695%1h573.85+0.061%$169K$532K20xas long as short
Polymarket Perps XMR-USD+0.0715%1h573.28−0.039%$28K$2.2M5xas long as short
Aster XMRUSDT+0.0722%8h573.56+0.011%$641K$2.3M75xas long as short
dYdX XMR-USD+0.0839%1h572.66−0.146%$104K$44K5xas long as short
BloFin XMR-USDT+0.0941%8h574.72+0.213%$2.7M$11.2M75xas long as short
GRVT XMR_USDT_Perp+0.0980%8h575.70+0.384%$341K$739K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0989% / S −0.1256%1h572.34−0.203%$590K100xas long as short
Nado XMR-PERP+0.1113%1h573.72+0.039%$1.3M$458K10xas long as short
Variational Omni XMR+0.1142%8h574.39+0.155%$6.4M$2.3Mas long as short
Orderly PERP_XMR_USDC+0.1150%8h573.46−0.007%$40K$735K10xas long as short
Hyperliquid XMR+0.1203%1h573.31−0.033%$86.4M$71.2M5xas long as short
SoDEX XMR-USD+0.1365%1h573.63+0.022%$436K$3K5xas long as short
Aftermath Perps XMRUSD+0.1883%1h573.39−0.019%$2K$43K10xas long as short