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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0332%/8h= −36.4% APRnext payment $3.32 per $10,000 · paid last 24h −0.230%
Price spread now: Bybit against Paradex+0.213%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Bybit is 0.213% dearer against Paradex than usual: you sell high and buy low (spread +0.213% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XMR-USD-PERP582.550.1001pay 0.1001% / 8h5h 40m$8K$4K20x
ShortBybit XMRUSDT583.790.0669get 0.0669% / 8h5h 40m$47.4M$64.8M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
−$69.78
Price spread: +0.213% → 0.000%
$21.28
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$63.5
Costs to cover
0.150%
Break-even
from the start
Slippage unknown: Paradex: no order-book sample; Bybit: live order book, 3 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 Bybit live order book, 3 min ago1.72 bp15.3 bp −$1532.1 bp −$32193.5 bp −$9,351doesn'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 −0.0010%1h580.84−0.294%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+2.439%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h583.21+0.114%$1.0M$656K10xas long as short
SunX XMR-USDT+0.0100%8h581.47−0.185%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h581.68−0.149%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h582.26−0.051%$12K3xas long as short
dYdX XMR-USD+0.0386%1h581.15−0.240%$105K$50K5xas long as short
Polymarket Perps XMR-USD+0.0514%1h583.20+0.112%$31K$2.1M5xas long as short
Binance XMRUSDT+0.0517%8h583.34+0.135%$53.1M$166.7M75xas long as short
MEXC XMR_USDT+0.0518%8h582.43−0.021%$20.7M$15.2M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XMR+0.0560%1h582.10−0.077%$3.3M$7.1M10xas long as short
Backpack XMR_USDC_PERP+0.0590%1h581.50−0.180%$170K$539K20xas long as short
Bitget XMRUSDT+0.0615%8h584.14+0.273%$9.6M$14.1M50xas long as short
Gate XMR_USDT+0.0629%8h582.10−0.077%$1.6M$4.5M50xas long as short
BingX XMR-USDT+0.0639%8h583.32+0.132%$5.7Mas long as short
Bybit XMRUSDTshort+0.0669%8h583.79+0.213%$47.4M$64.8M75x
Aster XMRUSDT+0.0707%8h582.17−0.066%$649K$2.4M75xas long as short
KuCoin XMRUSDTM+0.0782%8h581.91−0.110%$47.8M$26.1M50xas long as short
BloFin XMR-USDT+0.0789%8h582.65+0.017%$2.8M$11.4M75xas long as short
Kraken Futures PF_XMRUSD+0.0960%1h581.05−0.258%$5.5M$19.7M50xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0995% / S −0.1304%1h580.91−0.282%$648K100xas long as short
Pacifica XMR+0.0996%1h582.52−0.006%$263K$1.1M10xas long as short
GRVT XMR_USDT_Perp+0.0998%8h583.48+0.160%$345K$766K10xas long as short
Paradex XMR-USD-PERPlong+0.1001%8h582.55long leg$8K$4K20x
Nado XMR-PERP+0.1042%1h583.65+0.189%$1.3M$463K10xas long as short
Variational Omni XMR+0.1074%8h582.21−0.058%$6.6M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1092%8h582.13−0.072%$42K$736K10xas long as short
Hyperliquid XMR+0.1193%1h583.66+0.190%$87.8M$71.9M5xas long as short
SoDEX XMR-USD+0.1341%1h582.25−0.052%$443K$3K5xas long as short
Extended XMR-USD+0.1416%1h583.00+0.077%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2607%1h582.03−0.090%$1K$46K10xas long as short