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 −0.129%

Price spread now: SunX against Pacifica−0.141%7-day average −0.074% · you buy dearer than you sell

Net, funding: paid 7d − costs−$124as in the Funding arb table

Net, price: spread back to 7d avg − costs−$91as in the Price arb table

costs, in and out, $10k−$850.846% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.394%−$39 on $10k

Price spread, last 3 days (all we have)+0.141%+$14 · spread now −0.141%, 7d avg −0.074%

Together, before fees−0.253%+ Points / potential airdropPacifica: Active · farm board−$25 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 SunX is 0.067% cheaper against Pacifica than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.074%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XMR	602.15	0.0565	pay 0.0071% / 1h	55m 17s	$283K	$1.0M	10x
Short	SunX XMR-USDT	601.30	0.0100	get 0.0100% / 8h	55m 17s	$2K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.141%Rate

Funding earned: −$97.56
Price spread: −0.141% → −0.074%: −$6.69
Slippage, 4 orders: −$68.59
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$188.84
Costs to cover: 0.846%
Break-even: never at this rate

Slippage from Pacifica: live order book, 4 min ago; SunX: live order book, 11 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, 4 min ago	2.50 bp	11.9 bp −$12	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	13.38 bp	26.0 bp −$26	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	600.90	−0.207%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	601.64	−0.085%	$49.0M	$62.5M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	600.58	−0.261%	$1.1M	$664K	10x	as long as short
SunX XMR-USDTshort	+0.0100%	8h	601.30	−0.141%	$2K	$1.9M	20x
Aevo XMR-PERP	+0.0160%	1h	601.72	−0.071%	$12K	—	3x	as long as short
Lighter XMR	+0.0320%	1h	601.41	−0.124%	$3.4M	$6.9M	10x	as long as short
MEXC XMR_USDT	+0.0326%	8h	602.04	−0.018%	$22.5M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0327%	8h	601.62	−0.088%	$55.1M	$163.7M	75x	as long as short
Variational Omni XMR	+0.0369%	8h	602.00	−0.024%	$7.0M	$2.5M	—	as long as short
BingX XMR-USDT	+0.0401%	8h	601.45	−0.116%	—	$5.7M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0427%	8h	601.93	−0.037%	$10.0M	$14.3M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0458%	1h	600.70	−0.241%	$5.7M	$20.5M	50x	as long as short
BloFin XMR-USDT	+0.0461%	8h	601.64	−0.085%	$2.8M	$11.7M	75x	as long as short
Gate XMR_USDT	+0.0546%	8h	601.66	−0.081%	$1.7M	$4.6M	50x	as long as short
Pacifica XMRlong	+0.0565%	1h	602.15	long leg	$283K	$1.0M	10x
KuCoin XMRUSDTM	+0.0582%	8h	601.08	−0.178%	$49.1M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0585%	8h	602.00	−0.025%	$694K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0610%	8h	601.80	−0.058%	$351K	$797K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0723%	1h	601.64	−0.085%	$205K	$575K	20x	as long as short
Polymarket Perps XMR-USD	+0.0746%	1h	602.18	+0.005%	$23K	$1.8M	5x	as long as short
SoDEX XMR-USD	+0.0804%	1h	601.72	−0.071%	$457K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0873%	8h	601.95	−0.032%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0891% / S −0.2423%	1h	600.70	−0.240%	$553K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0959%	8h	601.64	−0.085%	$44K	$729K	10x	as long as short
Nado XMR-PERP	+0.1140%	1h	602.20	+0.008%	$1.3M	$475K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.895%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1662%	1h	602.49	+0.056%	$90.7M	$69.9M	5x	as long as short
Extended XMR-USD	+0.1832%	1h	601.74	−0.067%	$3.2M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1967%	8h	599.38	−0.460%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2328%	1h	600.38	−0.294%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.2990%	1h	600.61	−0.256%	$109K	$50K	5x	as long as short