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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC−0.0585%/8h= −64.1% APRnext payment $0.73 per $10,000 · paid last 24h −0.148%
Price spread now: Injective against Pacifica−6.049%7-day average · you buy dearer than you sell
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropPacifica: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and Injective is 6.049% cheaper against Pacifica than usual: you would sell low and buy high (−$605 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica XMR590.170.0619pay 0.0077% / 1h51m 48s$267K$1.1M10x
ShortInjective XMR/USDC PERP554.470.0033get 0.0004% / 1h51m 48s$3K$5K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$122.93
Price spread: −6.049% → 0.000%
−$604.93
Slippage, 4 orders
no order book: not counted
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$735.88
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Pacifica: live order book, 2 min ago; Injective: no order-book sample. 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 Pacifica live order book, 2 min ago3.98 bp10.9 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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
dYdX XMR-USD0.0000%1h589.69−0.082%$107K$49K5xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h589.85−0.054%$45K150xas long as short
Injective XMR/USDC PERPshort+0.0033%1h554.47−6.049%$3K$5K12x
Bybit XMRUSDT+0.0100%8h590.94+0.130%$47.2M$60.6M75xas long as short
Backpack XMR_USDC_PERP+0.0100%1h589.61−0.095%$209K$556K20xas long as short
edgeX XMRUSDC+0.0100%4h590.94+0.131%$1.0M$672K10xas long as short
SunX XMR-USDT+0.0100%8h589.30−0.148%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0176%1h590.69+0.088%$12K3xas long as short
Polymarket Perps XMR-USD+0.0185%1h590.28+0.018%$24K$1.8M5xas long as short
SoDEX XMR-USD+0.0193%1h590.20+0.005%$449K$4K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XMR+0.0208%1h590.22+0.009%$3.5M$6.6M10xas long as short
Gate XMR_USDT+0.0316%8h590.02−0.026%$1.6M$4.5M50xas long as short
Variational Omni XMR+0.0332%8h590.44+0.046%$6.9M$2.8Mas long as short
Binance XMRUSDT+0.0382%8h590.64+0.080%$54.2M$161.7M75xas long as short
MEXC XMR_USDT+0.0384%8h590.37+0.034%$22.6M$15.1M100xas long as short
BingX XMR-USDT+0.0395%8h590.72+0.093%$5.8Mas long as short
Bitget XMRUSDT+0.0407%8h591.11+0.159%$9.8M$13.9M50xas long as short
BloFin XMR-USDT+0.0539%8h589.91−0.044%$2.8M$11.2M75xas long as short
Aster XMRUSDT+0.0570%8h589.84−0.056%$665K$2.4M75xas long as short
Nado XMR-PERP+0.0591%1h589.99−0.030%$1.3M$477K10xas long as short
KuCoin XMRUSDTM+0.0617%8h590.27+0.017%$49.1M$25.4M50xas long as short
Kraken Futures PF_XMRUSD+0.0617%1h589.31−0.145%$5.5M$20.3M50xas long as short
Pacifica XMRlong+0.0619%1h590.17long leg$267K$1.1M10x
GRVT XMR_USDT_Perp+0.0647%8h590.56+0.065%$346K$798K10xas long as short
Paradex XMR-USD-PERP+0.0740%8h590.17+0.001%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0838% / S −0.1411%1h589.48−0.117%$351K100xas long as short
Orderly PERP_XMR_USDC+0.0871%8h590.34+0.029%$48K$729K10xas long as short
Extended XMR-USD+0.1080%1h590.23+0.011%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1467%1h591.72+0.262%$85.8M$64.9M5xas long as short
Aftermath Perps XMRUSD+0.2237%1h590.44+0.045%$1K$47K10xas long as short
HTX XMR-USDT+0.2283%8h590.23+0.010%$1.1M$1.4M20xas long as short