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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0358%/8h= −39.2% APRnext payment $0.45 per $10,000 · paid last 24h −0.071%
Price spread now: Lighter against SoDEX−0.049%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$460.458% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.270%−$27 on $10k
Price spread, last 3 days (all we have)−0.073%−$7 · spread now −0.049%, 7d avg −0.021%
Together, before fees−0.343%+ Points / potential airdropLighter: Season 3 · farm board−$34 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Lighter is 0.028% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XMR-USD595.480.0918pay 0.0115% / 1h20m 22s$453K$3K5x
ShortLighter XMR595.190.0560get 0.0070% / 1h20m 22s$3.4M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
−$75.15
Price spread: −0.049% → −0.021%
−$2.79
Slippage, 4 orders
−$37.82
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$123.76
Costs to cover
0.458%
Break-even
never at this rate
Slippage from SoDEX: live order book, 63 min ago; Lighter: live order book, 3 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, 63 min ago1.34 bp13.1 bp −$1342.7 bp −$427doesn't fitdoesn't fit
Sell Lighter live order book, 3 min ago4.19 bp10.1 bp −$1018.5 bp −$185127.4 bp −$12.7Kdoesn't fit

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%1h594.67−0.136%$44K150xas long as short
Bybit XMRUSDT+0.0100%8h595.62+0.024%$48.3M$61.7M75xas long as short
edgeX XMRUSDC+0.0100%4h597.29+0.305%$1.1M$664K10xas long as short
SunX XMR-USDT+0.0100%8h594.76−0.121%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h595.93+0.076%$12K3xas long as short
Variational Omni XMR+0.0282%8h597.79+0.388%$6.9M$2.6Mas long as short
MEXC XMR_USDT+0.0331%8h595.30−0.030%$22.3M$15.0M100xas long as short
Binance XMRUSDT+0.0332%8h595.05−0.072%$54.6M$163.0M75xas long as short
Kraken Futures PF_XMRUSD+0.0383%1h594.23−0.210%$5.7M$20.4M50xas long as short
Pacifica XMR+0.0387%1h595.40−0.013%$270K$1.0M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XMR-USDT+0.0394%8h595.67+0.032%$5.7Mas long as short
Bitget XMRUSDT+0.0414%8h595.38−0.017%$9.9M$14.2M50xas long as short
BloFin XMR-USDT+0.0467%8h595.47−0.002%$2.8M$11.5M75xas long as short
Gate XMR_USDT+0.0535%8h595.12−0.060%$1.7M$4.6M50xas long as short
KuCoin XMRUSDTM+0.0537%8h594.82−0.111%$48.5M$25.8M50xas long as short
Aster XMRUSDT+0.0545%8h595.80+0.053%$679K$2.4M75xas long as short
Lighter XMRshort+0.0560%1h595.19−0.049%$3.4M$6.9M10x
GRVT XMR_USDT_Perp+0.0603%8h597.88+0.403%$355K$785K10xas long as short
Injective XMR/USDC PERP+0.0695%1h596.76+0.215%$3K$6K12xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0807% / S −0.1288%1h594.53−0.159%$330K100xas long as short
Polymarket Perps XMR-USD+0.0868%1h595.58+0.017%$23K$1.8M5xas long as short
Paradex XMR-USD-PERP+0.0871%8h595.52+0.007%$8K$4K20xas long as short
SoDEX XMR-USDlong+0.0918%1h595.48long leg$453K$3K5x
Orderly PERP_XMR_USDC+0.0944%8h595.17−0.052%$43K$729K10xas long as short
Backpack XMR_USDC_PERP+0.0985%1h595.35−0.022%$203K$575K20xas long as short
Nado XMR-PERP+0.1361%1h595.38−0.017%$1.3M$482K10xas long as short
dYdX XMR-USD+0.1733%1h594.59−0.150%$108K$50K5xas long as short
Extended XMR-USD+0.1896%1h595.35−0.022%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1914%1h595.64+0.027%$88.8M$68.8M5xas long as short
HTX XMR-USDT+0.1976%8h594.78−0.118%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2436%1h595.43−0.008%$2K$47K10xas long as short