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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0649%/8h= −71.1% APRnext payment $6.49 per $10,000 · paid last 24h −0.065%
Price spread now: Binance against Paradex−0.044%48s7-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 airdropParadex: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Binance is 0.044% cheaper against Paradex than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XMR-USD-PERP592.680.0997pay 0.0997% / 8h7h 59m$8K$4K20x
ShortBinance XMRUSDT592.420.0348get 0.0348% / 8h7h 59m$54.2M$166.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Paradex. 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
−$136.33
Price spread: −0.044% → 0.000%
−$4.44
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Binance: 5 bp × 2 orders
−$10
Net
−$154.77
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Paradex: no order-book sample; Binance: live order book, 13 min ago. 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 Paradex no order-book sample
Sell Binance live order book, 13 min ago0.09 bp7.8 bp −$827.5 bp −$275doesn't fitdoesn't fit
Paradex: 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
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h590.93−0.296%$45K150xas long as short
edgeX XMRUSDC+0.0100%4h591.14−0.260%$1.0M$666K10xas long as short
SunX XMR-USDT+0.0100%8h591.93−0.127%$2K$2.0M20xas long as short
Aevo XMR-PERP+0.0168%1h592.41−0.047%$12K3xas long as short
Bybit XMRUSDT+0.0183%8h593.00+0.053%$48.1M$64.4M75xas long as short
MEXC XMR_USDT+0.0347%8h592.40−0.048%$21.7M$15.2M100xas long as short
Binance XMRUSDTshort+0.0348%8h592.42−0.044%$54.2M$166.3M75x
BingX XMR-USDT+0.0448%8h592.91+0.038%$5.8Mas long as short
Lighter XMR+0.0464%1h591.95−0.124%$3.3M$7.2M10xas long as short
Kraken Futures PF_XMRUSD+0.0465%1h591.15−0.259%$5.6M$20.6M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0478%8h592.44−0.041%$9.7M$14.6M50xas long as short
Gate XMR_USDT+0.0485%8h591.71−0.164%$1.7M$4.7M50xas long as short
BloFin XMR-USDT+0.0502%8h592.63−0.009%$2.8M$11.7M75xas long as short
Pacifica XMR+0.0565%1h592.680.000%$276K$1.1M10xas long as short
Backpack XMR_USDC_PERP+0.0568%1h591.66−0.173%$201K$579K20xas long as short
KuCoin XMRUSDTM+0.0581%8h591.33−0.228%$48.3M$26.2M50xas long as short
Aster XMRUSDT+0.0598%8h592.16−0.088%$640K$2.5M75xas long as short
GRVT XMR_USDT_Perp+0.0622%8h590.44−0.378%$346K$795K10xas long as short
Variational Omni XMR+0.0639%8h592.14−0.092%$6.7M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0870% / S −0.2452%1h590.92−0.297%$550K100xas long as short
Orderly PERP_XMR_USDC+0.0974%8h592.36−0.054%$42K$734K10xas long as short
Polymarket Perps XMR-USD+0.0990%1h592.680.000%$50K$1.9M5xas long as short
Paradex XMR-USD-PERPlong+0.0997%8h592.68long leg$8K$4K20x
SoDEX XMR-USD+0.1195%1h592.31−0.063%$450K$3K5xas long as short
Nado XMR-PERP+0.1223%1h592.54−0.024%$1.3M$470K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76+0.688%$3K$6K12xas long as short
dYdX XMR-USD+0.1492%1h590.90−0.301%$107K$50K5xas long as short
HTX XMR-USDT+0.1669%8h590.96−0.291%$1.1M$1.5M20xas long as short
Hyperliquid XMR+0.1808%1h592.54−0.024%$89.4M$72.4M5xas long as short
Extended XMR-USD+0.2176%1h592.35−0.056%$3.2M$7.1M25xas long as short
Aftermath Perps XMRUSD+0.2443%1h591.14−0.261%$2K$46K10xas long as short