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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h −0.116%
Price spread now: Lighter against Paradex+0.029%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 · Lighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Lighter is 0.029% dearer against Paradex than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XMR-USD-PERP592.700.1135pay 0.1135% / 8h7h 37m$8K$4K20x
ShortLighter XMR592.880.1240get 0.0155% / 1h37m 49s$3.3M$7.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$22.1
Price spread: +0.029% → 0.000%
$2.94
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Lighter: 0 bp × 2 orders
$0
Net
$21.04
Costs to cover
0.040%
Break-even
0.3 days
Slippage unknown: Paradex: no order-book sample; Lighter: live order book, 5 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 Lighter live order book, 5 min ago2.56 bp5.8 bp −$622.5 bp −$225139.1 bp −$13.9Kdoesn'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%1h591.90−0.135%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+0.685%$3K$4K12xas long as short
dYdX XMR-USD+0.0087%1h590.79−0.323%$107K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h591.17−0.259%$1.0M$659K10xas long as short
SunX XMR-USDT+0.0100%8h592.57−0.022%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h591.96−0.125%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0184%1h593.04+0.056%$12K3xas long as short
MEXC XMR_USDT+0.0417%8h593.09+0.065%$21.6M$15.2M100xas long as short
Binance XMRUSDT+0.0419%8h592.90+0.033%$54.2M$166.9M75xas long as short
Bitget XMRUSDT+0.0519%8h593.27+0.096%$9.8M$14.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XMR-USDT+0.0601%8h592.61−0.016%$2.8M$11.7M75xas long as short
Aster XMRUSDT+0.0631%8h592.41−0.049%$655K$2.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0642%1h591.96−0.125%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h593.08+0.064%$278K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0669%8h592.72+0.003%$48.6M$26.1M50xas long as short
Variational Omni XMR+0.0778%8h592.85+0.025%$6.7M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0871% / S −0.2452%1h591.60−0.187%$550K100xas long as short
Backpack XMR_USDC_PERP+0.0919%1h592.57−0.022%$201K$549K20xas long as short
Orderly PERP_XMR_USDC+0.1022%8h593.00+0.050%$42K$738K10xas long as short
Gate XMR_USDT+0.1126%8h592.34−0.061%$1.6M$4.6M50xas long as short
Paradex XMR-USD-PERPlong+0.1135%8h592.70long leg$8K$4K20x
Lighter XMRshort+0.1240%1h592.88+0.029%$3.3M$7.1M10x
GRVT XMR_USDT_Perp+0.1240%8h589.84−0.483%$345K$805K10xas long as short
Polymarket Perps XMR-USD+0.1339%1h593.00+0.050%$48K$1.9M5xas long as short
Nado XMR-PERP+0.1348%1h593.13+0.073%$1.3M$467K10xas long as short
BingX XMR-USDT+0.1375%8h592.81+0.018%$5.8Mas long as short
SoDEX XMR-USD+0.1499%1h593.08+0.064%$451K$3K5xas long as short
Bybit XMRUSDT+0.1573%8h593.07+0.062%$47.7M$64.6M75xas long as short
Hyperliquid XMR+0.2094%1h593.54+0.141%$89.8M$72.3M5xas long as short
Extended XMR-USD+0.2408%1h592.83+0.021%$3.2M$7.8M25xas long as short
Aftermath Perps XMRUSD+0.2533%1h591.50−0.203%$1K$46K10xas long as short