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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0391%/8h= +42.8% APRnext payment +$0.49 per $10,000 · paid last 24h +0.091%
Price spread now: dYdX against SoDEX−0.177%7-day average −0.189% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$458as in the Price arb table
costs, in and out, $10k−$4594.588% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.079%+$8 on $10k
Price spread, last 3 days (all we have)−0.227%−$23 · spread now −0.177%, 7d avg −0.189%
Together, before fees−0.148%−$15 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.189%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.079% in total (about 9.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.49 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XMR-USD595.170.0482pay 0.0060% / 1h6m 02s$452K$3K5x
ShortdYdX XMR-USD594.120.0872get 0.0109% / 1h6m 02s$108K$50K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX against SoDEX. 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
$82.03
Price spread: −0.177% → −0.189%
$1.19
Slippage, 4 orders
−$440.78
Fee SoDEX: 4 bp × 2 orders
−$8
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$375.56
Costs to cover
4.588%
Break-even
39.0 days
Slippage from SoDEX: live order book, 18 min ago; dYdX: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SoDEX live order book, 18 min ago1.34 bp13.1 bp −$1342.7 bp −$427doesn't fitdoesn't fit
Sell dYdX live order book, 18 min ago8.36 bp212.0 bp −$212267.5 bp −$2,675406.4 bp −$40.6K953.1 bp −$476.6K

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%1h594.44−0.123%$44K150xas long as short
Injective XMR/USDC PERP+0.0033%1h591.89−0.551%$3K$6K12xas long as short
Bybit XMRUSDT+0.0100%8h595.32+0.025%$47.9M$61.2M75xas long as short
edgeX XMRUSDC+0.0100%4h597.83+0.447%$1.1M$672K10xas long as short
SunX XMR-USDT+0.0100%8h594.27−0.151%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h595.82+0.109%$12K3xas long as short
Variational Omni XMR+0.0261%8h598.61+0.577%$7.0M$2.7Mas long as short
Lighter XMR+0.0288%1h595.45+0.048%$3.5M$6.7M10xas long as short
Polymarket Perps XMR-USD+0.0298%1h595.03−0.024%$24K$1.8M5xas long as short
MEXC XMR_USDT+0.0338%8h595.60+0.072%$22.6M$15.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0338%8h595.80+0.106%$54.6M$162.5M75xas long as short
BingX XMR-USDT+0.0358%8h595.98+0.136%$5.8Mas long as short
Bitget XMRUSDT+0.0380%8h594.43−0.124%$9.9M$14.2M50xas long as short
Gate XMR_USDT+0.0434%8h594.84−0.055%$1.6M$4.5M50xas long as short
Backpack XMR_USDC_PERP+0.0466%1h595.10−0.012%$202K$574K20xas long as short
SoDEX XMR-USDlong+0.0482%1h595.17long leg$452K$3K5x
BloFin XMR-USDT+0.0485%8h595.00−0.029%$2.8M$11.4M75xas long as short
Aster XMRUSDT+0.0527%8h594.85−0.054%$679K$2.3M75xas long as short
KuCoin XMRUSDTM+0.0582%8h595.20+0.005%$49.0M$25.6M50xas long as short
GRVT XMR_USDT_Perp+0.0592%8h596.61+0.243%$347K$782K10xas long as short
Kraken Futures PF_XMRUSD+0.0612%1h594.71−0.078%$5.7M$20.4M50xas long as short
Pacifica XMR+0.0619%1h594.66−0.085%$271K$1.0M10xas long as short
Paradex XMR-USD-PERP+0.0786%8h594.53−0.107%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0842% / S −0.1414%1h593.90−0.213%$354K100xas long as short
dYdX XMR-USDshort+0.0872%1h594.12−0.177%$108K$50K5x
Orderly PERP_XMR_USDC+0.0888%8h595.38+0.035%$48K$718K10xas long as short
Nado XMR-PERP+0.1050%1h594.82−0.058%$1.3M$479K10xas long as short
Extended XMR-USD+0.1400%1h595.48+0.052%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1578%1h596.06+0.150%$87.5M$66.6M5xas long as short
HTX XMR-USDT+0.2250%8h594.00−0.197%$1.1M$1.4M20xas long as short
Aftermath Perps XMRUSD+0.2352%1h595.72+0.093%$2K$47K10xas long as short