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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0610%/8h= +66.8% APRnext payment +$0.76 per $10,000 · paid last 24h +0.070%
Price spread now: SoDEX against Lighter−0.105%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$340.343% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.284%+$28 on $10k
Price spread, last 3 days (all we have)+0.149%+$15 · spread now −0.105%, 7d avg +0.020%
Together, before fees+0.433%+ Points / potential airdropLighter: Season 3 · farm board+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. SoDEX is 0.125% cheaper against Lighter than usual: you would sell low and buy high (spread −0.105% now, against its 7-day average of +0.020%). If the spread goes back, that is −$13 on $10k: about 16 hours of funding at the current rate (+$18 a day). At the pace of the last 3 days (+0.284% in total) that is about 34 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XMR586.610.0984pay 0.0123% / 1h3m 22s$3.3M$7.2M10x
ShortSoDEX XMR-USD586.000.1594get 0.0199% / 1h3m 22s$445K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$128.05
Price spread: −0.105% → +0.020%
−$12.51
Slippage, 4 orders
−$26.3
Fee Lighter: 0 bp × 2 orders
$0
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$81.24
Costs to cover
0.343%
Break-even
2.6 days
Slippage from Lighter: live order book, 5 min ago; SoDEX: live order book, 65 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, 5 min ago2.76 bp3.5 bp −$312.0 bp −$120139.3 bp −$13.9Kdoesn't fit
Sell SoDEX live order book, 65 min ago0.09 bp12.9 bp −$1345.4 bp −$454doesn't fitdoesn't fit

XMR on 30 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%1h585.53−0.185%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.730%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h583.62−0.510%$1.0M$668K10xas long as short
SunX XMR-USDT+0.0100%8h586.46−0.026%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h585.99−0.106%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0216%1h586.71+0.017%$12K3xas long as short
dYdX XMR-USD+0.0396%1h585.60−0.173%$106K$50K5xas long as short
MEXC XMR_USDT+0.0521%8h586.82+0.035%$20.9M$15.3M100xas long as short
Binance XMRUSDT+0.0525%8h586.75+0.023%$53.5M$168.0M75xas long as short
Bitget XMRUSDT+0.0623%8h586.63+0.003%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0714%8h586.76+0.025%$653K$2.5M75xas long as short
BingX XMR-USDT+0.0781%8h586.77+0.027%$5.8Mas long as short
KuCoin XMRUSDTM+0.0784%8h586.31−0.052%$48.1M$26.1M50xas long as short
Bybit XMRUSDT+0.0789%8h586.79+0.030%$47.5M$65.0M75xas long as short
Gate XMR_USDT+0.0795%8h586.07−0.093%$1.6M$4.6M50xas long as short
Pacifica XMR+0.0821%1h586.72+0.018%$270K$1.1M10xas long as short
Polymarket Perps XMR-USD+0.0893%1h586.44−0.030%$31K$2.1M5xas long as short
Backpack XMR_USDC_PERP+0.0900%1h585.61−0.171%$173K$539K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0961% / S −0.1219%1h585.43−0.203%$653K100xas long as short
Lighter XMRlong+0.0984%1h586.61long leg$3.3M$7.2M10x
GRVT XMR_USDT_Perp+0.1057%8h585.89−0.124%$343K$773K10xas long as short
Variational Omni XMR+0.1058%8h586.20−0.071%$6.7M$2.5Mas long as short
Orderly PERP_XMR_USDC+0.1079%8h586.77+0.027%$42K$736K10xas long as short
Paradex XMR-USD-PERP+0.1210%8h586.51−0.018%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1307%1h584.96−0.281%$5.5M$20.5M50xas long as short
Nado XMR-PERP+0.1406%1h586.72+0.018%$1.3M$466K10xas long as short
SoDEX XMR-USDshort+0.1594%1h586.00−0.105%$445K$3K5x
Hyperliquid XMR+0.1609%1h586.71+0.016%$88.6M$73.1M5xas long as short
Extended XMR-USD+0.1800%1h586.46−0.026%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2692%1h585.85−0.131%$1K$46K10xas long as short