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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0595%/8h= +65.1% APRnext payment +$0.74 per $10,000 · paid last 24h +0.189%
Price spread now: GMX against Nado−0.192%7-day average −0.197% · 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 4 days (all we have)−0.182%−$18 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now −0.192%, 7d avg −0.197%
Together, before fees−0.143%+ Points / potential airdropNado: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.197%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair cost −0.182%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.182% in total (about -18.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.74 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XMR-PERP568.230.0675pay 0.0084% / 1h51m 34s$1.2M$153K10x
ShortGMX XMR/USD [WBTC.b-USDC]567.14L +0.1009% / S −0.1269%get 0.0159% / 1h51m 34s$621K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against Nado. 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
$124.91
Price spread: −0.192% → −0.197%
$0.5
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee GMX: 6 bp × 2 orders
−$12
Net
$106.41
Costs to cover
0.190%
Break-even
1.0 days
Slippage unknown: Nado: live order book, 5 min ago; GMX: 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 Nado live order book, 5 min ago8.08 bp13.5 bp −$1335.5 bp −$35516130.6 bp −$1.61Mdoesn't fit
Sell GMX no order-book sample
GMX: 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 exchanges

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 −0.0004%1h567.37−0.151%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+2.520%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h569.53+0.229%$1.1M$480K10xas long as short
SunX XMR-USDT+0.0100%8h567.61−0.109%$2K$820K20xas long as short
HTX XMR-USDT+0.0100%8h567.66−0.100%$1.0M$892K20xas long as short
Lighter XMR+0.0104%1h568.15−0.014%$3.0M$4.5M10xas long as short
Extended XMR-USD+0.0104%1h567.93−0.053%$3.1M$6.0M25xas long as short
Aevo XMR-PERP+0.0184%1h567.97−0.046%$11K3xas long as short
Polymarket Perps XMR-USD+0.0191%1h567.97−0.046%$24K$1.5M5xas long as short
Hyperliquid XMR+0.0194%1h567.97−0.046%$86.5M$49.6M5xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0416%8h568.08−0.026%$656K$1.1M75xas long as short
Binance XMRUSDT+0.0419%8h568.22−0.002%$52.4M$76.7M75xas long as short
MEXC XMR_USDT+0.0422%8h568.29+0.011%$19.3M$6.9M100xas long as short
SoDEX XMR-USD+0.0460%1h568.27+0.007%$432K$4K5xas long as short
Bybit XMRUSDT+0.0469%8h568.05−0.032%$46.5M$40.3M75xas long as short
Backpack XMR_USDC_PERP+0.0469%1h567.89−0.060%$161K$415K20xas long as short
Pacifica XMR+0.0527%1h568.30+0.012%$269K$602K10xas long as short
GRVT XMR_USDT_Perp+0.0626%8h569.67+0.254%$336K$715K10xas long as short
Gate XMR_USDT+0.0647%8h568.36+0.023%$1.5M$2.1M50xas long as short
Paradex XMR-USD-PERP+0.0661%8h568.47+0.043%$8K$1K20xas long as short
Nado XMR-PERPlong+0.0675%1h568.23long leg$1.2M$153K10x
Kraken Futures PF_XMRUSD+0.0718%1h567.15−0.190%$5.4M$6.0M50xas long as short
BloFin XMR-USDT+0.0741%8h567.77−0.081%$2.7M$8.9M75xas long as short
BingX XMR-USDT+0.0745%8h568.97+0.130%$4.4Mas long as short
Bitget XMRUSDT+0.0782%8h568.32+0.016%$9.1M$8.5M50xas long as short
Variational Omni XMR+0.0806%8h569.48+0.221%$6.1M$2.1Mas long as short
KuCoin XMRUSDTM+0.0826%8h567.69−0.095%$46.1M$14.6M50xas long as short
GMX XMR/USD [WBTC.b-USDC]shortL +0.1009% / S −0.1269%1h567.14−0.192%$621K100x
Orderly PERP_XMR_USDC+0.1048%8h568.03−0.035%$41K$247K10xas long as short
Aftermath Perps XMRUSD+0.1916%1h567.97−0.046%$1K$36K10xas long as short
dYdX XMR-USD+0.3363%1h567.50−0.129%$103K$24K5xas long as short