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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.1107%/8h= −121.2% APRpaid last 24h −0.322%
Price spread now: gTrade (Gains Network) against Orderly−0.127%63s7-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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and gTrade (Gains Network) is 0.127% cheaper against Orderly than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XMR_USDC574.870.1112pay 0.1112% / 8h7h 50m$40K$434K10x
ShortgTrade (Gains Network) XMR/USD574.14L +0.0010% / S −0.0005%get 0.0001% / 1h50m 17s$34K150x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Orderly. 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
−$232.4
Price spread: −0.127% → 0.000%
−$12.73
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee gTrade (Gains Network): 6 bp × 2 orders
−$12
Net
−$263.13
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample
Sell gTrade (Gains Network) no order-book sample
Orderly and 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 −0.0005%1h574.14−0.127%$34K150x
Injective XMR/USDC PERP+0.0033%1h582.55+1.336%$3K$3K12xas long as short
Bybit XMRUSDT+0.0100%8h574.56−0.054%$46.6M$49.5M75xas long as short
edgeX XMRUSDC+0.0100%4h573.65−0.212%$1.0M$543K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h574.14−0.127%$30K$1.7M5xas long as short
SunX XMR-USDT+0.0100%8h574.53−0.059%$2K$1.2M20xas long as short
HTX XMR-USDT+0.0100%8h573.95−0.160%$1.1M$1.1M20xas long as short
Aevo XMR-PERP+0.0200%1h574.96+0.016%$12K3xas long as short
Gate XMR_USDT+0.0231%8h574.66−0.037%$1.6M$2.6M50xas long as short
Extended XMR-USD+0.0272%1h574.62−0.043%$3.0M$7.6M25xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin XMRUSDTM+0.0345%8h574.74−0.023%$45.4M$17.8M50xas long as short
Kraken Futures PF_XMRUSD+0.0370%1h574.03−0.145%$5.5M$9.1M50xas long as short
MEXC XMR_USDT+0.0494%8h574.86−0.002%$20.2M$9.6M100xas long as short
Binance XMRUSDT+0.0494%8h574.86−0.002%$52.5M$105.5M75xas long as short
BingX XMR-USDT+0.0504%8h574.94+0.012%$5.2Mas long as short
Bitget XMRUSDT+0.0534%8h575.03+0.028%$9.4M$10.1M50xas long as short
Pacifica XMR+0.0550%1h574.84−0.005%$268K$757K10xas long as short
Lighter XMR+0.0584%1h574.75−0.021%$3.1M$5.5M10xas long as short
Hyperliquid XMR+0.0616%1h574.97+0.017%$87.2M$58.7M5xas long as short
GRVT XMR_USDT_Perp+0.0620%8h573.51−0.236%$343K$623K10xas long as short
Aster XMRUSDT+0.0625%8h574.75−0.021%$643K$1.6M75xas long as short
Paradex XMR-USD-PERP+0.0669%8h574.95+0.014%$8K$2K20xas long as short
BloFin XMR-USDT+0.0802%8h574.90+0.005%$2.7M$9.9M75xas long as short
Variational Omni XMR+0.0814%8h574.89+0.004%$6.2M$2.3Mas long as short
SoDEX XMR-USD+0.0867%1h574.870.000%$437K$4K5xas long as short
Nado XMR-PERP+0.0941%1h575.04+0.030%$1.3M$318K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1078% / S −0.1372%1h574.00−0.151%$598K100xas long as short
Orderly PERP_XMR_USDClong+0.1112%8h574.87long leg$40K$434K10x
dYdX XMR-USD+0.1141%1h573.38−0.259%$104K$29K5xas long as short
Backpack XMR_USDC_PERP+0.1184%1h574.56−0.054%$136K$431K20xas long as short
Aftermath Perps XMRUSD+0.2092%1h573.60−0.222%$1K$39K10xas long as short