Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.052%

Price spread now: BloFin against Pacifica+0.004%7-day average +0.026% · you sell dearer than you buy

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$480.485% of the position

Long on Pacifica Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.285%+$29 on $10k

Price spread, last 4 days (all we have)+0.178%+$18 · spread now +0.004%, 7d avg +0.026%

Together, before fees+0.463%+ Points / potential airdropPacifica: Active · farm board+$46 on $10k · with fees, hour by hour

Funding pays, the price is against you. BloFin is 0.022% cheaper against Pacifica than usual: you would sell low and buy high (spread +0.004% now, against its 7-day average of +0.026%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XMR	577.87	0.0626	pay 0.0078% / 1h	2m 06s	$267K	$1.0M	10x
Short	BloFin XMR-USDT	577.89	0.0815	get 0.0815% / 8h	4h 02m	$2.7M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Pacifica. 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 PacificabpFee BloFinbpOrdersPrice spread, now +0.004%Rate

Funding earned: $39.56
Price spread: +0.004% → +0.026%: −$2.19
Slippage, 4 orders: −$28.45
Fee Pacifica: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$11.08
Costs to cover: 0.485%
Break-even: 9.0 days

Slippage from Pacifica: live order book, 2 min ago; BloFin: live order book, 7 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 Pacifica live order book, 2 min ago	2.68 bp	10.9 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 7 min ago	0.17 bp	14.3 bp −$14	25.1 bp −$251	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	+0.810%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0008%	1h	576.87	−0.173%	$50K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	577.56	−0.053%	$3.2M	$7.6M	10x	as long as short
edgeX XMRUSDC	+0.0100%	4h	576.67	−0.208%	$1.0M	$653K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	577.34	−0.091%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	577.00	−0.150%	$1.1M	$1.6M	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0149%	1h	576.47	−0.242%	$5.4M	$19.5M	50x	as long as short
Aevo XMR-PERP	+0.0208%	1h	578.00	+0.023%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0303%	1h	576.22	−0.285%	$104K	$44K	5x	as long as short
KuCoin XMRUSDTM	+0.0401%	8h	577.23	−0.110%	$45.2M	$26.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDT	+0.0425%	8h	577.58	−0.050%	$1.6M	$4.6M	50x	as long as short
Polymarket Perps XMR-USD	+0.0445%	1h	577.54	−0.057%	$25K	$2.2M	5x	as long as short
Bybit XMRUSDT	+0.0452%	8h	578.24	+0.064%	$47.1M	$64.4M	75x	as long as short
BingX XMR-USDT	+0.0488%	8h	577.93	+0.011%	—	$5.7M	—	as long as short
MEXC XMR_USDT	+0.0508%	8h	577.88	+0.002%	$20.3M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0509%	8h	577.93	+0.011%	$52.9M	$164.4M	75x	as long as short
Bitget XMRUSDT	+0.0519%	8h	578.09	+0.038%	$9.4M	$13.9M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0603%	1h	577.53	−0.058%	$170K	$534K	20x	as long as short
Pacifica XMRlong	+0.0626%	1h	577.87	long leg	$267K	$1.0M	10x
Aster XMRUSDT	+0.0688%	8h	577.02	−0.147%	$640K	$2.3M	75x	as long as short
Extended XMR-USD	+0.0736%	1h	577.83	−0.007%	$3.1M	$8.4M	25x	as long as short
BloFin XMR-USDTshort	+0.0815%	8h	577.89	+0.004%	$2.7M	$11.2M	75x
Nado XMR-PERP	+0.0845%	1h	578.11	+0.042%	$1.3M	$460K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0886%	8h	576.65	−0.210%	$345K	$733K	10x	as long as short
Paradex XMR-USD-PERP	+0.0917%	8h	578.10	+0.040%	$8K	$4K	20x	as long as short
Hyperliquid XMR	+0.0967%	1h	577.63	−0.041%	$86.9M	$71.1M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0991% / S −0.1254%	1h	576.47	−0.243%	$594K	—	100x	as long as short
Variational Omni XMR	+0.1038%	8h	576.57	−0.224%	$6.6M	$2.2M	—	as long as short
Orderly PERP_XMR_USDC	+0.1126%	8h	577.60	−0.046%	$41K	$735K	10x	as long as short
SoDEX XMR-USD	+0.1298%	1h	577.96	+0.016%	$439K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1927%	1h	576.48	−0.240%	$1K	$44K	10x	as long as short