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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0543%/8h= −59.5% APRnext payment $0.68 per $10,000 · paid last 24h +0.203%
Price spread now: dYdX against Pacifica−0.216%7-day average −0.192% · you buy dearer than you sell
Net, funding: paid 7d − costs−$300as in the Funding arb table
Net, price: spread back to 7d avg − costs−$374as in the Price arb table
costs, in and out, $10k−$3713.710% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.712%+$71 on $10k
Price spread, last 4 days (all we have)−0.113%−$11 · spread now −0.216%, 7d avg −0.192%
Together, before fees+0.600%+ Points / potential airdropPacifica: Active · farm board+$60 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and dYdX is 0.025% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.192%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.712%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XMR575.650.0912pay 0.0114% / 1h21m 02s$266K$1.0M10x
ShortdYdX XMR-USD574.410.0368get 0.0046% / 1h21m 02s$104K$44K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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

Funding earned
−$114.13
Price spread: −0.216% → −0.192%
−$2.46
Slippage, 4 orders
−$353.04
Fee Pacifica: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$487.63
Costs to cover
3.710%
Break-even
never at this rate
Slippage from Pacifica: live order book, 3 min ago; dYdX: live order book, 28 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Pacifica live order book, 3 min ago1.30 bp11.6 bp −$12doesn't fitdoesn't fitdoesn't fit
Sell dYdX live order book, 28 min ago85.26 bp246.9 bp −$247270.5 bp −$2,705429.5 bp −$42.9K1160.4 bp −$580.2K

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 −0.0003%1h574.59−0.185%$38K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.198%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h575.04−0.107%$1.0M$641K10xas long as short
SunX XMR-USDT+0.0100%8h575.14−0.089%$2K$1.8M20xas long as short
HTX XMR-USDT+0.0100%8h573.07−0.449%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0240%1h576.21+0.096%$12K3xas long as short
KuCoin XMRUSDTM+0.0322%8h575.22−0.076%$45.2M$26.2M50xas long as short
dYdX XMR-USDshort+0.0368%1h574.41−0.216%$104K$44K5x
Bitget XMRUSDT+0.0576%8h575.63−0.004%$9.5M$13.3M50xas long as short
MEXC XMR_USDT+0.0622%8h575.70+0.008%$19.8M$14.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0624%8h575.79+0.024%$52.7M$160.7M75xas long as short
Polymarket Perps XMR-USD+0.0646%1h575.46−0.034%$27K$2.2M5xas long as short
Gate XMR_USDT+0.0656%8h575.16−0.086%$1.6M$4.3M50xas long as short
BingX XMR-USDT+0.0673%8h575.74+0.015%$5.6Mas long as short
Extended XMR-USD+0.0688%1h575.78+0.022%$3.1M$8.2M25xas long as short
Bybit XMRUSDT+0.0700%8h575.33−0.056%$46.6M$64.1M75xas long as short
Kraken Futures PF_XMRUSD+0.0745%1h574.65−0.174%$5.4M$19.1M50xas long as short
Aster XMRUSDT+0.0779%8h575.91+0.044%$648K$2.2M75xas long as short
Lighter XMR+0.0864%1h575.650.000%$3.1M$7.6M10xas long as short
Paradex XMR-USD-PERP+0.0887%8h575.74+0.014%$8K$4K20xas long as short
Pacifica XMRlong+0.0912%1h575.65long leg$266K$1.0M10x
GRVT XMR_USDT_Perp+0.1016%8h575.49−0.029%$346K$727K10xas long as short
BloFin XMR-USDT+0.1027%8h575.65−0.001%$2.7M$11.2M75xas long as short
Hyperliquid XMR+0.1056%1h575.72+0.011%$86.9M$70.8M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1085% / S −0.1451%1h574.44−0.210%$595K100xas long as short
Variational Omni XMR+0.1174%8h575.62−0.005%$6.4M$2.3Mas long as short
Orderly PERP_XMR_USDC+0.1190%8h575.63−0.004%$40K$677K10xas long as short
Nado XMR-PERP+0.1245%1h575.72+0.011%$1.3M$450K10xas long as short
SoDEX XMR-USD+0.1267%1h575.76+0.018%$438K$3K5xas long as short
Backpack XMR_USDC_PERP+0.1423%1h575.38−0.048%$169K$531K20xas long as short
Aftermath Perps XMRUSD+0.2045%1h574.15−0.261%$1K$42K10xas long as short