Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.037%

Price spread now: edgeX against SunX+0.315%7-day average +0.087% · you sell dearer than you buy

Net, funding: paid 7d − costs−$98as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

costs, in and out, $10k−$970.969% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.015%−$2 on $10k

Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.315%, 7d avg +0.087%

Together, before fees−0.138%+ Points / potential airdropedgeX: Active · farm board−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: edgeX is 0.228% dearer against SunX than usual: you sell high and buy low, +$23 on $10k if it goes back to its 7-day average of +0.087%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XMR-USDT	595.56	0.0100	pay 0.0100% / 8h	1h 38m	$2K	$1.9M	20x
Short	edgeX XMRUSDC	597.44	0.0100	get 0.0050% / 4h	1h 38m	$1.1M	$663K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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 SunXbpFee edgeXbpOrdersPrice spread, now +0.315%Rate

Funding earned: $0
Price spread: +0.315% → +0.087%: $22.76
Slippage, 4 orders: −$79.95
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$74.18
Costs to cover: 0.969%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; edgeX: live order book, 5 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 SunX live order book, 7 min ago	13.92 bp	36.6 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	12.05 bp	16.5 bp −$17	17.2 bp −$172	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	595.16	−0.067%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	596.81	+0.210%	$48.3M	$61.5M	75x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	597.44	+0.315%	$1.1M	$663K	10x
SunX XMR-USDTlong	+0.0100%	8h	595.56	long leg	$2K	$1.9M	20x
Aevo XMR-PERP	+0.0160%	1h	594.68	−0.148%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0248%	8h	598.02	+0.412%	$6.9M	$2.7M	—	as long as short
Binance XMRUSDT	+0.0326%	8h	597.06	+0.251%	$54.8M	$162.7M	75x	as long as short
MEXC XMR_USDT	+0.0327%	8h	596.83	+0.213%	$22.4M	$15.0M	100x	as long as short
BingX XMR-USDT	+0.0374%	8h	597.08	+0.255%	—	$5.8M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	595.32	−0.039%	$5.7M	$20.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica XMR	+0.0387%	1h	597.09	+0.257%	$271K	$1.0M	10x	as long as short
Bitget XMRUSDT	+0.0397%	8h	597.28	+0.289%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0469%	8h	596.23	+0.112%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0501%	8h	595.90	+0.057%	$1.6M	$4.5M	50x	as long as short
Aster XMRUSDT	+0.0531%	8h	596.74	+0.198%	$674K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0544%	8h	596.30	+0.124%	$48.7M	$25.8M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0597%	8h	597.57	+0.337%	$355K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	591.89	−0.616%	$3K	$6K	12x	as long as short
Lighter XMR	+0.0728%	1h	596.75	+0.199%	$3.5M	$6.7M	10x	as long as short
Polymarket Perps XMR-USD	+0.0783%	1h	596.58	+0.171%	$23K	$1.8M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0822% / S −0.1341%	1h	595.04	−0.088%	$341K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0853%	8h	596.83	+0.213%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.0866%	1h	596.22	+0.111%	$453K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0919%	8h	596.28	+0.121%	$49K	$720K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1001%	1h	595.78	+0.037%	$203K	$575K	20x	as long as short
dYdX XMR-USD	+0.1420%	1h	594.52	−0.175%	$108K	$50K	5x	as long as short
Nado XMR-PERP	+0.1538%	1h	596.27	+0.120%	$1.3M	$480K	10x	as long as short
Extended XMR-USD	+0.1792%	1h	596.84	+0.215%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1935%	1h	597.42	+0.312%	$88.6M	$67.5M	5x	as long as short
HTX XMR-USDT	+0.2101%	8h	594.96	−0.101%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2454%	1h	596.66	+0.185%	$2K	$47K	10x	as long as short