Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0465%/8h= −50.9% APRpaid last 24h −0.167%

Price spread now: edgeX against Pacifica−0.023%7-day average +0.035% · you buy dearer than you sell

Net, funding: paid 7d − costs−$93as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$520.522% of the position

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.409%−$41 on $10k

Price spread, last 3 days (all we have)+0.573%+$57 · spread now −0.023%, 7d avg +0.035%

Together, before fees+0.164%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board+$16 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and edgeX is 0.058% cheaper against Pacifica than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.035%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XMR	600.74	0.0565	pay 0.0071% / 1h	57m 32s	$283K	$1.0M	10x
Short	edgeX XMRUSDC	600.60	0.0100	get 0.0050% / 4h	57m 32s	$1.1M	$664K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$97.56
Price spread: −0.023% → +0.035%: −$5.78
Slippage, 4 orders: −$35.16
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$155.5
Costs to cover: 0.522%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; edgeX: live order book, 1 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, 1 min ago	2.50 bp	11.9 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 1 min ago	10.16 bp	14.7 bp −$15	16.6 bp −$166	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
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	599.93	−0.134%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	600.68	−0.010%	$48.9M	$62.4M	75x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	600.60	−0.023%	$1.1M	$664K	10x
SunX XMR-USDT	+0.0100%	8h	599.61	−0.188%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	600.58	−0.026%	$12K	—	3x	as long as short
Lighter XMR	+0.0224%	1h	600.35	−0.065%	$3.4M	$6.9M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0314%	1h	599.76	−0.163%	$204K	$575K	20x	as long as short
Binance XMRUSDT	+0.0328%	8h	600.84	+0.016%	$55.0M	$163.5M	75x	as long as short
MEXC XMR_USDT	+0.0328%	8h	601.00	+0.043%	$22.5M	$14.9M	100x	as long as short
Variational Omni XMR	+0.0347%	8h	599.64	−0.182%	$6.9M	$2.5M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XMR-USD	+0.0352%	1h	600.44	−0.050%	$456K	$3K	5x	as long as short
BingX XMR-USDT	+0.0401%	8h	601.23	+0.082%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0422%	8h	600.47	−0.045%	$10.0M	$14.2M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0459%	1h	599.44	−0.216%	$5.7M	$20.3M	50x	as long as short
BloFin XMR-USDT	+0.0461%	8h	600.92	+0.030%	$2.8M	$11.6M	75x	as long as short
Polymarket Perps XMR-USD	+0.0493%	1h	600.93	+0.032%	$23K	$1.8M	5x	as long as short
Gate XMR_USDT	+0.0544%	8h	600.29	−0.075%	$1.7M	$4.6M	50x	as long as short
Pacifica XMRlong	+0.0565%	1h	600.74	long leg	$283K	$1.0M	10x
KuCoin XMRUSDTM	+0.0577%	8h	600.43	−0.052%	$49.1M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0580%	8h	600.84	+0.017%	$693K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0610%	8h	600.14	−0.100%	$350K	$797K	10x	as long as short
Nado XMR-PERP	+0.0841%	1h	600.65	−0.015%	$1.3M	$475K	10x	as long as short
Paradex XMR-USD-PERP	+0.0857%	8h	600.63	−0.018%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0885% / S −0.2310%	1h	599.61	−0.188%	$549K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0957%	8h	600.22	−0.087%	$44K	$729K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.663%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1488%	1h	601.21	+0.078%	$90.4M	$69.9M	5x	as long as short
Extended XMR-USD	+0.1808%	1h	600.53	−0.035%	$3.1M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1946%	8h	599.43	−0.218%	$1.1M	$1.5M	20x	as long as short
dYdX XMR-USD	+0.2328%	1h	599.00	−0.290%	$109K	$50K	5x	as long as short
Aftermath Perps XMRUSD	+0.2332%	1h	599.46	−0.214%	$2K	$47K	10x	as long as short