Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.1036%/8h= +113.4% APRpaid last 24h +0.212%

Price spread now: Extended against SunX+0.113%7-day average +0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs+$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$64as in the Price arb table

costs, in and out, $10k−$690.691% of the position

Long on SunX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.933%+$93 on $10k

Price spread, last 3 days (all we have)−0.148%−$15 · spread now +0.113%, 7d avg +0.061%

Together, before fees+0.785%+ Points / potential airdropExtended: Active · farm board+$79 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$31 a day on $10k at the current rate, and Extended is 0.052% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XMR-USDT	594.74	0.0100	pay 0.0100% / 8h	2h 35m	$2K	$1.9M	20x
Short	Extended XMR-USD	595.41	0.1136	get 0.0142% / 1h	35m 07s	$3.1M	$6.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.113%Rate

Funding earned: $217.56
Price spread: +0.113% → +0.061%: $5.16
Slippage, 4 orders: −$56.12
Fee SunX: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $153.59
Costs to cover: 0.691%
Break-even: 2.1 days

Slippage from SunX: live order book, 11 min ago; Extended: live order book, 4 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, 11 min ago	13.46 bp	34.9 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	2.87 bp	5.6 bp −$6	11.1 bp −$111	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	594.77	+0.006%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.479%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	595.14	+0.067%	$47.7M	$60.8M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	593.32	−0.239%	$1.1M	$672K	10x	as long as short
SunX XMR-USDTlong	+0.0100%	8h	594.74	long leg	$2K	$1.9M	20x
Backpack XMR_USDC_PERP	+0.0156%	1h	594.94	+0.034%	$203K	$571K	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	595.55	+0.136%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0223%	1h	595.44	+0.118%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0256%	1h	595.28	+0.090%	$3.5M	$6.7M	10x	as long as short
dYdX XMR-USD	+0.0291%	1h	594.39	−0.059%	$108K	$50K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni XMR	+0.0295%	8h	595.15	+0.069%	$6.9M	$2.8M	—	as long as short
SoDEX XMR-USD	+0.0309%	1h	595.63	+0.150%	$453K	$4K	5x	as long as short
Binance XMRUSDT	+0.0367%	8h	595.50	+0.128%	$54.5M	$161.8M	75x	as long as short
MEXC XMR_USDT	+0.0368%	8h	595.51	+0.129%	$22.7M	$15.2M	100x	as long as short
BingX XMR-USDT	+0.0372%	8h	595.53	+0.133%	—	$5.8M	—	as long as short
Gate XMR_USDT	+0.0388%	8h	595.08	+0.057%	$1.6M	$4.5M	50x	as long as short
Bitget XMRUSDT	+0.0392%	8h	595.69	+0.160%	$9.9M	$14.0M	50x	as long as short
BloFin XMR-USDT	+0.0515%	8h	595.72	+0.165%	$2.8M	$11.3M	75x	as long as short
Aster XMRUSDT	+0.0554%	8h	595.22	+0.081%	$673K	$2.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0612%	1h	594.50	−0.040%	$5.6M	$20.3M	50x	as long as short
Pacifica XMR	+0.0619%	1h	595.48	+0.124%	$269K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0627%	8h	595.40	+0.110%	$349K	$782K	10x	as long as short
KuCoin XMRUSDTM	+0.0630%	8h	595.04	+0.050%	$49.5M	$25.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0752%	8h	595.37	+0.105%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0842% / S −0.1411%	1h	594.66	−0.013%	$353K	—	100x	as long as short
Nado XMR-PERP	+0.0850%	1h	595.12	+0.064%	$1.3M	$477K	10x	as long as short
Orderly PERP_XMR_USDC	+0.0876%	8h	595.27	+0.089%	$48K	$729K	10x	as long as short
Extended XMR-USDshort	+0.1136%	1h	595.41	+0.113%	$3.1M	$6.8M	25x
Hyperliquid XMR	+0.1617%	1h	596.54	+0.303%	$86.9M	$65.5M	5x	as long as short
Aftermath Perps XMRUSD	+0.2341%	1h	594.37	−0.062%	$2K	$47K	10x	as long as short
HTX XMR-USDT	+0.2393%	8h	592.45	−0.385%	$1.1M	$1.4M	20x	as long as short