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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0222%/8h= +24.3% APRnext payment +$2.22 per $10,000 · paid last 24h −0.341%
Price spread now: GRVT against Orderly−0.358%70s7-day average +0.005% · 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 7 days−0.778%−$78 on $10k
Price spread, last 3 days (all we have)+0.393%+$39 · spread now −0.358%, 7d avg +0.005%
Together, before fees−0.385%+ Points / potential airdropGRVT: Active · farm board−$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.363% cheaper against Orderly than usual: you would sell low and buy high (spread −0.358% now, against its 7-day average of +0.005%). If the spread goes back, that is −$36 on $10k: about 5.5 days of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.778%, so the current rate has only just turned in your favour. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XMR_USDC591.960.1018pay 0.1018% / 8h7h 40m$42K$737K10x
ShortGRVT XMR_USDT_Perp589.840.1240get 0.1240% / 8h7h 40m$345K$805K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$46.53
Price spread: −0.358% → +0.005%
−$36.33
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$4.8
Costs to cover
0.150%
Break-even
7.7 days
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 33 min ago. 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 GRVT live order book, 33 min ago0.09 bp15.2 bp −$15doesn't fitdoesn't fitdoesn't fit
Orderly: 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 −0.0009%1h590.60−0.230%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+0.811%$3K$4K12xas long as short
dYdX XMR-USD+0.0096%1h590.14−0.308%$107K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h589.33−0.444%$1.0M$659K10xas long as short
SunX XMR-USDT+0.0100%8h591.46−0.084%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h591.66−0.051%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0184%1h590.38−0.267%$12K3xas long as short
MEXC XMR_USDT+0.0411%8h592.00+0.007%$21.5M$15.2M100xas long as short
Binance XMRUSDT+0.0412%8h591.51−0.076%$54.1M$166.9M75xas long as short
Bitget XMRUSDT+0.0512%8h592.28+0.054%$9.7M$14.6M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XMR-USDT+0.0593%8h590.88−0.182%$2.8M$11.6M75xas long as short
Aster XMRUSDT+0.0629%8h591.68−0.047%$654K$2.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0644%1h590.40−0.264%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h592.16+0.034%$278K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0664%8h591.22−0.125%$48.5M$26.2M50xas long as short
Variational Omni XMR+0.0778%8h592.85+0.151%$6.7M$2.6Mas long as short
Backpack XMR_USDC_PERP+0.0869%1h591.15−0.137%$200K$549K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0870% / S −0.2452%1h590.59−0.232%$549K100xas long as short
Orderly PERP_XMR_USDClong+0.1018%8h591.96long leg$42K$737K10x
Paradex XMR-USD-PERP+0.1109%8h592.05+0.016%$8K$4K20xas long as short
Gate XMR_USDT+0.1172%8h591.35−0.103%$1.6M$4.6M50xas long as short
Lighter XMR+0.1216%1h591.51−0.076%$3.3M$7.1M10xas long as short
GRVT XMR_USDT_Perpshort+0.1240%8h589.84−0.358%$345K$805K10x
Nado XMR-PERP+0.1327%1h592.20+0.041%$1.3M$467K10xas long as short
Polymarket Perps XMR-USD+0.1347%1h592.39+0.073%$48K$1.9M5xas long as short
BingX XMR-USDT+0.1375%8h591.79−0.029%$5.8Mas long as short
SoDEX XMR-USD+0.1496%1h591.51−0.076%$450K$3K5xas long as short
Bybit XMRUSDT+0.1603%8h591.85−0.019%$47.6M$64.6M75xas long as short
Hyperliquid XMR+0.2014%1h592.05+0.015%$89.4M$73.1M5xas long as short
Extended XMR-USD+0.2400%1h591.83−0.022%$3.2M$7.5M25xas long as short
Aftermath Perps XMRUSD+0.2495%1h590.62−0.226%$1K$46K10xas long as short