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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0867%/8h= +94.9% APRnext payment +$8.67 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against SunX+0.708%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$830.830% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.414%+$41 on $10k
Price spread, last 3 days (all we have)−0.601%−$60 · spread now +0.708%, 7d avg +0.073%
Together, before fees−0.187%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and GRVT is 0.635% dearer against SunX than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.414% in total (about 21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.67 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
LongSunX XMR-USDT587.440.0100pay 0.0100% / 8h7h 17m$2K$2.0M20x
ShortGRVT XMR_USDT_Perp591.600.0967get 0.0967% / 8h7h 17m$350K$792K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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

Funding earned
$182.07
Price spread: +0.708% → +0.073%
$63.5
Slippage, 4 orders
−$66.01
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$162.55
Costs to cover
0.830%
Break-even
0.8 days
Slippage from SunX: live order book, 9 min ago; GRVT: live order book, 56 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 SunX live order book, 9 min ago13.42 bp34.5 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 56 min ago0.09 bp15.2 bp −$15doesn't fitdoesn't fitdoesn'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%1h586.44−0.170%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.587%$3K$4K12xas long as short
dYdX XMR-USD+0.0077%1h586.89−0.094%$106K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h590.84+0.578%$1.0M$661K10xas long as short
SunX XMR-USDTlong+0.0100%8h587.44long leg$2K$2.0M20x
HTX XMR-USDT+0.0100%8h586.66−0.133%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0184%1h587.57+0.022%$12K3xas long as short
Binance XMRUSDT+0.0425%8h587.96+0.089%$53.6M$167.0M75xas long as short
MEXC XMR_USDT+0.0427%8h587.74+0.051%$21.3M$15.3M100xas long as short
Bitget XMRUSDT+0.0547%8h587.80+0.061%$9.7M$14.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0616%8h587.02−0.072%$652K$2.5M75xas long as short
BloFin XMR-USDT+0.0618%8h587.74+0.051%$2.7M$11.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0648%1h586.97−0.080%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h587.87+0.073%$278K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0686%8h587.43−0.002%$48.2M$26.0M50xas long as short
Gate XMR_USDT+0.0738%8h586.90−0.092%$1.6M$4.6M50xas long as short
Variational Omni XMR+0.0867%8h591.04+0.612%$6.8M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0869% / S −0.2458%1h586.50−0.160%$547K100xas long as short
GRVT XMR_USDT_Perpshort+0.0967%8h591.60+0.708%$350K$792K10x
Backpack XMR_USDC_PERP+0.0981%1h587.04−0.068%$184K$535K20xas long as short
Orderly PERP_XMR_USDC+0.1040%8h587.62+0.031%$42K$739K10xas long as short
Bybit XMRUSDT+0.1107%8h588.04+0.102%$47.3M$64.7M75xas long as short
BingX XMR-USDT+0.1111%8h587.97+0.090%$5.8Mas long as short
Polymarket Perps XMR-USD+0.1120%1h587.54+0.017%$47K$1.9M5xas long as short
SoDEX XMR-USD+0.1198%1h587.73+0.049%$447K$3K5xas long as short
Lighter XMR+0.1208%1h588.05+0.104%$3.3M$7.1M10xas long as short
Paradex XMR-USD-PERP+0.1266%8h587.440.000%$8K$4K20xas long as short
Nado XMR-PERP+0.1420%1h587.72+0.048%$1.3M$466K10xas long as short
Hyperliquid XMR+0.1978%1h587.58+0.024%$89.2M$73.0M5xas long as short
Extended XMR-USD+0.2472%1h587.77+0.056%$3.2M$7.9M25xas long as short
Aftermath Perps XMRUSD+0.2647%1h588.82+0.235%$1K$46K10xas long as short