Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0644%/8h= +70.5% APRpaid last 24h +0.133%

Price spread now: Polymarket Perps against SunX+0.243%7-day average +0.080% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$760.757% of the position

Long on SunX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.686%+$69 on $10k

Price spread, last 3 days (all we have)−0.117%−$12 · spread now +0.243%, 7d avg +0.080%

Together, before fees+0.569%+$57 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Polymarket Perps is 0.163% dearer against SunX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.080%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX XMR-USDT	596.33	0.0100	pay 0.0100% / 8h	1h 42m	$2K	$1.9M	20x
Short	Polymarket Perps XMR-USD	597.78	0.0744	get 0.0093% / 1h	42m 46s	$23K	$1.8M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.243%Rate

Funding earned: $135.14
Price spread: +0.243% → +0.080%: $16.35
Slippage, 4 orders: −$59.73
Fee SunX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $75.75
Costs to cover: 0.757%
Break-even: 3.1 days

Slippage from SunX: live order book, 13 min ago; Polymarket Perps: live order book, 1 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, 13 min ago	13.92 bp	36.1 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	2.93 bp	6.9 bp −$7	7.1 bp −$71	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	596.74	+0.069%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.25	+0.154%	$48.3M	$61.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	596.23	−0.016%	$1.1M	$667K	10x	as long as short
SunX XMR-USDTlong	+0.0100%	8h	596.33	long leg	$2K	$1.9M	20x
Aevo XMR-PERP	+0.0168%	1h	597.03	+0.117%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0246%	8h	597.79	+0.245%	$6.9M	$2.7M	—	as long as short
MEXC XMR_USDT	+0.0327%	8h	597.34	+0.169%	$22.4M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0327%	8h	597.41	+0.181%	$54.9M	$162.8M	75x	as long as short
BingX XMR-USDT	+0.0374%	8h	597.49	+0.195%	—	$5.7M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	596.71	+0.064%	$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	597.15	+0.138%	$271K	$1.0M	10x	as long as short
Bitget XMRUSDT	+0.0395%	8h	597.51	+0.198%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0469%	8h	597.73	+0.235%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0482%	8h	596.81	+0.080%	$1.6M	$4.5M	50x	as long as short
Aster XMRUSDT	+0.0531%	8h	597.46	+0.189%	$672K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0554%	8h	596.73	+0.067%	$48.8M	$25.8M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0593%	8h	595.66	−0.112%	$354K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	591.89	−0.745%	$3K	$6K	12x	as long as short
Polymarket Perps XMR-USDshort	+0.0744%	1h	597.78	+0.243%	$23K	$1.8M	5x
GMX XMR/USD [WBTC.b-USDC]	L +0.0823% / S −0.1341%	1h	596.43	+0.018%	$341K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0860%	8h	597.23	+0.151%	$8K	$4K	20x	as long as short
Lighter XMR	+0.0872%	1h	597.17	+0.140%	$3.5M	$6.7M	10x	as long as short
SoDEX XMR-USD	+0.0874%	1h	597.51	+0.198%	$454K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0910%	8h	597.04	+0.119%	$48K	$720K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0956%	1h	597.17	+0.141%	$203K	$575K	20x	as long as short
dYdX XMR-USD	+0.1384%	1h	596.80	+0.080%	$108K	$50K	5x	as long as short
Nado XMR-PERP	+0.1577%	1h	597.36	+0.173%	$1.3M	$480K	10x	as long as short
Extended XMR-USD	+0.1760%	1h	597.74	+0.237%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1845%	1h	598.16	+0.306%	$88.5M	$67.5M	5x	as long as short
HTX XMR-USDT	+0.2120%	8h	594.96	−0.230%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2451%	1h	596.62	+0.048%	$2K	$47K	10x	as long as short