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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0248%/8h= +27.2% APRpaid last 24h −0.068%
Price spread now: SoDEX against Orderly+0.033%7-day average +0.023% · you sell dearer than you buy
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 3 days (all we have)−0.346%−$35 on $10k
Price spread, last 4 days (all we have)+0.031%+$3 · spread now +0.033%, 7d avg +0.023%
Together, before fees−0.315%−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.023%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.346%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XMR_USDC574.910.1128pay 0.1128% / 8h3h 50m$40K$735K10x
ShortSoDEX XMR-USD575.100.1377get 0.0172% / 1h50m 16s$437K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$52.17
Price spread: +0.033% → +0.023%
$1.03
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$39.2
Costs to cover
0.140%
Break-even
1.7 days
Slippage unknown: Orderly: no order-book sample; SoDEX: live order book, 3 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 SoDEX live order book, 3 min ago0.09 bp12.9 bp −$1348.4 bp −$484doesn'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 −0.0008%1h573.68−0.214%$50K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.329%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h576.00+0.190%$1.0M$645K10xas long as short
SunX XMR-USDT+0.0100%8h574.48−0.075%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h575.30+0.068%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h575.24+0.057%$12K3xas long as short
Kraken Futures PF_XMRUSD+0.0225%1h573.70−0.211%$5.4M$19.4M50xas long as short
dYdX XMR-USD+0.0262%1h574.43−0.083%$104K$44K5xas long as short
KuCoin XMRUSDTM+0.0379%8h574.51−0.070%$45.0M$26.4M50xas long as short
Lighter XMR+0.0424%1h574.87−0.007%$3.2M$7.5M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XMR_USDT+0.0471%8h574.82−0.016%$1.6M$4.5M50xas long as short
BingX XMR-USDT+0.0492%8h575.19+0.049%$5.6Mas long as short
Bybit XMRUSDT+0.0504%8h574.99+0.014%$46.8M$64.5M75xas long as short
Bitget XMRUSDT+0.0509%8h574.82−0.016%$9.5M$13.7M50xas long as short
Backpack XMR_USDC_PERP+0.0512%1h574.74−0.030%$169K$534K20xas long as short
Binance XMRUSDT+0.0521%8h575.11+0.034%$52.6M$164.1M75xas long as short
MEXC XMR_USDT+0.0522%8h575.17+0.045%$19.9M$14.7M100xas long as short
Pacifica XMR+0.0682%1h575.06+0.027%$265K$1.0M10xas long as short
Aster XMRUSDT+0.0688%8h575.25+0.059%$638K$2.3M75xas long as short
Extended XMR-USD+0.0720%1h574.93+0.004%$3.1M$8.4M25xas long as short
Polymarket Perps XMR-USD+0.0748%1h574.70−0.037%$28K$2.2M5xas long as short
BloFin XMR-USDT+0.0849%8h575.36+0.078%$2.7M$11.2M75xas long as short
GRVT XMR_USDT_Perp+0.0920%8h576.31+0.244%$338K$728K10xas long as short
Paradex XMR-USD-PERP+0.0924%8h575.20+0.050%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0989% / S −0.1254%1h573.72−0.206%$591K100xas long as short
Variational Omni XMR+0.1074%8h575.80+0.155%$6.5M$2.2Mas long as short
Orderly PERP_XMR_USDClong+0.1128%8h574.91long leg$40K$735K10x
Hyperliquid XMR+0.1185%1h574.90−0.002%$86.5M$71.1M5xas long as short
Nado XMR-PERP+0.1205%1h575.13+0.039%$1.3M$460K10xas long as short
SoDEX XMR-USDshort+0.1377%1h575.10+0.033%$437K$3K5x
Aftermath Perps XMRUSD+0.1936%1h574.93+0.004%$1K$44K10xas long as short