Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.1672%/8h= +183.1% APRpaid last 24h +0.709%

Price spread now: HTX against Pacifica−0.128%7-day average −0.303% · you buy dearer than you sell

Net, funding: paid 7d − costs+$94as in the Funding arb table

Net, price: spread back to 7d avg − costs−$90as in the Price arb table

costs, in and out, $10k−$1081.077% of the position

Long on Pacifica Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+2.018%+$202 on $10k

Price spread, last 3 days (all we have)−0.604%−$60 · spread now −0.128%, 7d avg −0.303%

Together, before fees+1.414%+ Points / potential airdropPacifica: Active · farm board+$141 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$50 a day on $10k at the current rate, and HTX is 0.175% dearer against Pacifica than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.303%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XMR	593.98	0.0387	pay 0.0048% / 1h	33m 09s	$269K	$1.0M	10x
Short	HTX XMR-USDT	593.22	0.2059	get 0.2059% / 8h	1h 33m	$1.1M	$1.5M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.128%Rate

Funding earned: $351.08
Price spread: −0.128% → −0.303%: $17.5
Slippage, 4 orders: −$87.73
Fee Pacifica: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: $260.86
Costs to cover: 1.077%
Break-even: 1.8 days

Slippage from Pacifica: live order book, 1 min ago; HTX: 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	3.70 bp	11.7 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 1 min ago	2.95 bp	59.0 bp −$59	doesn't fit	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	594.08	+0.017%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	595.58	+0.269%	$48.2M	$61.6M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	596.31	+0.392%	$1.1M	$665K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	593.34	−0.108%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	592.80	−0.198%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0259%	8h	597.65	+0.617%	$6.9M	$2.7M	—	as long as short
Binance XMRUSDT	+0.0321%	8h	595.35	+0.231%	$54.6M	$163.0M	75x	as long as short
MEXC XMR_USDT	+0.0325%	8h	595.03	+0.177%	$22.3M	$15.0M	100x	as long as short
BingX XMR-USDT	+0.0377%	8h	595.30	+0.222%	—	$5.7M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0383%	1h	594.43	+0.075%	$5.7M	$20.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica XMRlong	+0.0387%	1h	593.98	long leg	$269K	$1.0M	10x
Bitget XMRUSDT	+0.0401%	8h	595.14	+0.195%	$9.9M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0451%	8h	595.38	+0.236%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0513%	8h	594.85	+0.146%	$1.6M	$4.6M	50x	as long as short
Aster XMRUSDT	+0.0524%	8h	594.51	+0.090%	$672K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0525%	8h	594.09	+0.019%	$48.6M	$25.8M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0592%	8h	594.92	+0.159%	$353K	$785K	10x	as long as short
Lighter XMR	+0.0688%	1h	594.99	+0.170%	$3.4M	$6.8M	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	+0.468%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0806% / S −0.1288%	1h	593.76	−0.036%	$329K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.0839%	1h	594.16	+0.030%	$23K	$1.8M	5x	as long as short
Paradex XMR-USD-PERP	+0.0844%	8h	594.11	+0.021%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.0892%	1h	595.29	+0.221%	$452K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0927%	8h	594.93	+0.160%	$50K	$721K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0943%	1h	594.67	+0.116%	$203K	$575K	20x	as long as short
dYdX XMR-USD	+0.1471%	1h	593.17	−0.137%	$108K	$50K	5x	as long as short
Nado XMR-PERP	+0.1526%	1h	594.29	+0.052%	$1.3M	$480K	10x	as long as short
Extended XMR-USD	+0.1832%	1h	595.42	+0.242%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.2019%	1h	596.25	+0.382%	$88.7M	$68.4M	5x	as long as short
HTX XMR-USDTshort	+0.2059%	8h	593.22	−0.128%	$1.1M	$1.5M	20x
Aftermath Perps XMRUSD	+0.2490%	1h	594.92	+0.158%	$2K	$47K	10x	as long as short