Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0179%/8h= −19.6% APRpaid last 24h −0.135%

Price spread now: SunX against Polymarket Perps−0.103%7-day average −0.078% · you buy dearer than you sell

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$650.655% of the position

Long on Polymarket Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.683%−$68 on $10k

Price spread, last 3 days (all we have)−0.014%−$1 · spread now −0.103%, 7d avg −0.078%

Together, before fees−0.697%−$70 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.025% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.078%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XMR-USD	593.35	0.0279	pay 0.0035% / 1h	25m 39s	$32K	$1.8M	5x
Short	SunX XMR-USDT	592.74	0.0100	get 0.0100% / 8h	2h 25m	$2K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Polymarket Perps. 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 Polymarket PerpsbpFee SunXbpOrdersPrice spread, now −0.103%Rate

Funding earned: −$37.68
Price spread: −0.103% → −0.078%: −$2.47
Slippage, 4 orders: −$49.49
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$105.64
Costs to cover: 0.655%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; SunX: live order book, 10 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 Polymarket Perps live order book, 3 min ago	2.78 bp	6.9 bp −$7	7.1 bp −$71	doesn't fit	doesn't fit
Sell SunX live order book, 10 min ago	13.36 bp	22.3 bp −$22	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	592.54	−0.137%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.246%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	592.97	−0.064%	$47.7M	$61.0M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	594.30	+0.160%	$1.1M	$671K	10x	as long as short
SunX XMR-USDTshort	+0.0100%	8h	592.74	−0.103%	$2K	$1.9M	20x
Backpack XMR_USDC_PERP	+0.0164%	1h	592.20	−0.194%	$201K	$575K	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	593.34	−0.002%	$12K	—	3x	as long as short
Lighter XMR	+0.0264%	1h	592.87	−0.081%	$3.4M	$6.7M	10x	as long as short
Polymarket Perps XMR-USDlong	+0.0279%	1h	593.35	long leg	$32K	$1.8M	5x
Variational Omni XMR	+0.0290%	8h	595.99	+0.445%	$6.9M	$2.8M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0356%	8h	593.01	−0.057%	$54.4M	$162.1M	75x	as long as short
MEXC XMR_USDT	+0.0358%	8h	593.08	−0.046%	$22.5M	$15.3M	100x	as long as short
BingX XMR-USDT	+0.0372%	8h	593.42	+0.012%	—	$5.8M	—	as long as short
Gate XMR_USDT	+0.0382%	8h	592.50	−0.143%	$1.6M	$4.5M	50x	as long as short
Bitget XMRUSDT	+0.0389%	8h	592.98	−0.062%	$9.9M	$14.1M	50x	as long as short
SoDEX XMR-USD	+0.0399%	1h	593.14	−0.035%	$451K	$3K	5x	as long as short
BloFin XMR-USDT	+0.0513%	8h	594.19	+0.142%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0538%	8h	592.49	−0.144%	$672K	$2.3M	75x	as long as short
dYdX XMR-USD	+0.0543%	1h	592.49	−0.146%	$108K	$50K	5x	as long as short
KuCoin XMRUSDTM	+0.0605%	8h	592.70	−0.110%	$49.3M	$25.4M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0612%	8h	592.89	−0.078%	$348K	$782K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0614%	1h	592.16	−0.200%	$5.6M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	593.14	−0.035%	$268K	$1.0M	10x	as long as short
Paradex XMR-USD-PERP	+0.0765%	8h	593.37	+0.003%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0862% / S −0.1487%	1h	592.25	−0.185%	$367K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0890%	8h	593.28	−0.012%	$48K	$724K	10x	as long as short
Nado XMR-PERP	+0.0902%	1h	593.49	+0.023%	$1.3M	$479K	10x	as long as short
Extended XMR-USD	+0.1176%	1h	593.34	−0.001%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1594%	1h	593.51	+0.027%	$86.7M	$66.2M	5x	as long as short
HTX XMR-USDT	+0.2284%	8h	590.00	−0.565%	$1.1M	$1.4M	20x	as long as short
Aftermath Perps XMRUSD	+0.2339%	1h	594.02	+0.114%	$2K	$47K	10x	as long as short