Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0887%/8h= −97.1% APRpaid last 24h −0.330%

Price spread now: gTrade (Gains Network) against Paradex−0.271%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no 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 −$27 a day on $10k at the current rate, and gTrade (Gains Network) is 0.271% cheaper against Paradex than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XMR-USD-PERP	575.31	0.0890	pay 0.0890% / 8h	1h 58m	$8K	$3K	20x
Short	gTrade (Gains Network) XMR/USD	573.75	L +0.0010% / S −0.0003%	get 0.0000% / 1h	58m 10s	$38K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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

Position, each leg$Hold fordaysFee ParadexbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.271%Rate

Funding earned: −$186.27
Price spread: −0.271% → 0.000%: −$27.12
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$229.39
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Paradex: no order-book sample; gTrade (Gains Network): 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

Paradex and gTrade (Gains Network): 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XMR/USDshort	L +0.0010% / S −0.0003%	1h	573.75	−0.271%	$38K	—	150x
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.259%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	575.08	−0.040%	$1.0M	$642K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	574.50	−0.140%	$2K	$1.8M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	574.73	−0.100%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0240%	1h	574.93	−0.065%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0333%	8h	574.43	−0.152%	$45.3M	$26.1M	50x	as long as short
Bitget XMRUSDT	+0.0592%	8h	575.20	−0.018%	$9.5M	$12.7M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0633%	1h	573.60	−0.297%	$5.4M	$18.3M	50x	as long as short
MEXC XMR_USDT	+0.0640%	8h	574.71	−0.104%	$20.1M	$14.3M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0642%	8h	574.72	−0.102%	$52.4M	$155.3M	75x	as long as short
Extended XMR-USD	+0.0648%	1h	574.40	−0.157%	$3.0M	$8.3M	25x	as long as short
BingX XMR-USDT	+0.0666%	8h	574.89	−0.072%	—	$5.5M	—	as long as short
Gate XMR_USDT	+0.0684%	8h	574.74	−0.098%	$1.6M	$3.3M	50x	as long as short
Bybit XMRUSDT	+0.0698%	8h	574.63	−0.118%	$46.7M	$63.3M	75x	as long as short
Lighter XMR	+0.0760%	1h	574.58	−0.126%	$3.1M	$6.1M	10x	as long as short
Aster XMRUSDT	+0.0799%	8h	574.75	−0.097%	$638K	$2.1M	75x	as long as short
Paradex XMR-USD-PERPlong	+0.0890%	8h	575.31	long leg	$8K	$3K	20x
Pacifica XMR	+0.1002%	1h	575.15	−0.028%	$267K	$981K	10x	as long as short
GRVT XMR_USDT_Perp	+0.1023%	8h	574.78	−0.091%	$335K	$729K	10x	as long as short
BloFin XMR-USDT	+0.1058%	8h	574.56	−0.130%	$2.7M	$11.1M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1129% / S −0.1543%	1h	573.98	−0.231%	$594K	—	100x	as long as short
dYdX XMR-USD	+0.1158%	1h	573.14	−0.377%	$104K	$43K	5x	as long as short
Variational Omni XMR	+0.1164%	8h	574.79	−0.090%	$6.2M	$2.4M	—	as long as short
Backpack XMR_USDC_PERP	+0.1190%	1h	574.51	−0.138%	$174K	$533K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1203%	8h	574.50	−0.140%	$40K	$615K	10x	as long as short
Nado XMR-PERP	+0.1213%	1h	575.31	+0.001%	$1.3M	$447K	10x	as long as short
Hyperliquid XMR	+0.1301%	1h	574.43	−0.152%	$86.9M	$69.2M	5x	as long as short
Polymarket Perps XMR-USD	+0.1302%	1h	575.36	+0.009%	$23K	$2.1M	5x	as long as short
SoDEX XMR-USD	+0.1496%	1h	574.75	−0.097%	$437K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1979%	1h	575.39	+0.014%	$1K	$42K	10x	as long as short