Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0381%/8h= −41.7% APRpaid last 24h −0.131%

Price spread now: edgeX against MEXC+0.357%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$11as in the Price arb table

costs, in and out, $10k−$490.487% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.346%−$35 on $10k

Price spread, last 7 days−0.387%−$39 · spread now +0.357%, 7d avg −0.020%

Together, before fees−0.733%+ Points / potential airdropedgeX: Active · farm board−$73 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.377% dearer against MEXC than usual: you sell high and buy low (spread +0.357% now, against its 7-day average of −0.020%): +$38 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.346% in total) that is about 7.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XMR_USDT	576.76	0.0481	pay 0.0481% / 8h	4h 43m	$20.3M	$14.9M	100x
Short	edgeX XMRUSDC	578.82	0.0100	get 0.0050% / 4h	43m 14s	$1.0M	$656K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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

Position, each leg$Hold fordaysFee MEXCbpFee edgeXbpOrdersPrice spread, now +0.357%Rate

Funding earned: −$80.01
Price spread: +0.357% → −0.020%: $37.72
Slippage, 4 orders: −$35.66
Fee MEXC: 2 bp × 2 orders: −$4
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$90.95
Costs to cover: 0.487%
Break-even: never at this rate

Slippage from MEXC: live order book, just now; edgeX: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, just now	0.09 bp	4.2 bp −$4	28.5 bp −$285	75.2 bp −$7,516	222.2 bp −$111.1K
Sell edgeX live order book, 1 min ago	10.32 bp	14.8 bp −$15	15.6 bp −$156	doesn't fit	doesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XMR/USDC PERP	−0.0136%	1h	582.55	+1.004%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0010%	1h	575.99	−0.134%	$45K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	575.84	−0.159%	$3.3M	$7.4M	10x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	578.82	+0.357%	$1.0M	$656K	10x
SunX XMR-USDT	+0.0100%	8h	576.15	−0.106%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.65	−0.192%	$1.1M	$1.6M	20x	as long as short
Polymarket Perps XMR-USD	+0.0121%	1h	576.50	−0.045%	$24K	$2.1M	5x	as long as short
Kraken Futures PF_XMRUSD	+0.0149%	1h	575.01	−0.303%	$5.4M	$19.5M	50x	as long as short
Aevo XMR-PERP	+0.0200%	1h	576.58	−0.031%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0401%	1h	577.10	+0.059%	$169K	$534K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0412%	8h	577.02	+0.045%	$46.8M	$64.0M	75x	as long as short
Gate XMR_USDT	+0.0414%	8h	576.22	−0.094%	$1.5M	$4.5M	50x	as long as short
MEXC XMR_USDTlong	+0.0481%	8h	576.76	long leg	$20.3M	$14.9M	100x
Binance XMRUSDT	+0.0482%	8h	576.72	−0.007%	$52.5M	$164.7M	75x	as long as short
dYdX XMR-USD	+0.0487%	1h	576.72	−0.008%	$104K	$44K	5x	as long as short
BingX XMR-USDT	+0.0542%	8h	576.77	+0.002%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0559%	8h	576.56	−0.035%	$9.4M	$14.0M	50x	as long as short
KuCoin XMRUSDTM	+0.0594%	8h	575.69	−0.186%	$45.4M	$26.4M	50x	as long as short
Pacifica XMR	+0.0626%	1h	577.09	+0.057%	$266K	$1.1M	10x	as long as short
Hyperliquid XMR	+0.0666%	1h	576.68	−0.013%	$86.7M	$71.2M	5x	as long as short
Nado XMR-PERP	+0.0675%	1h	576.72	−0.006%	$1.3M	$465K	10x	as long as short
Aster XMRUSDT	+0.0684%	8h	577.03	+0.047%	$645K	$2.4M	75x	as long as short
Extended XMR-USD	+0.0712%	1h	576.19	−0.099%	$3.1M	$8.3M	25x	as long as short
BloFin XMR-USDT	+0.0748%	8h	576.59	−0.029%	$2.7M	$11.2M	75x	as long as short
SoDEX XMR-USD	+0.0772%	1h	576.26	−0.087%	$438K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0782%	8h	577.20	+0.076%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0839%	8h	576.00	−0.132%	$334K	$741K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0991% / S −0.1253%	1h	575.74	−0.177%	$592K	—	100x	as long as short
Variational Omni XMR	+0.1031%	8h	578.24	+0.257%	$6.6M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1109%	8h	576.24	−0.090%	$41K	$720K	10x	as long as short
Aftermath Perps XMRUSD	+0.2246%	1h	577.69	+0.161%	$1K	$45K	10x	as long as short