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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0303%/8h= −33.1% APRpaid last 24h +0.078%
Price spread now: Hyperliquid against Variational Omni+0.544%7-day average −0.036% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.111%+$11 on $10k
Price spread, last 7 days−0.552%−$55 · spread now +0.544%, 7d avg −0.036%
Together, before fees−0.441%+ Points / potential airdropVariational Omni: Active · Hyperliquid: Season 2 · farm board−$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Hyperliquid is 0.581% dearer against Variational Omni than usual: you sell high and buy low (spread +0.544% now, against its 7-day average of −0.036%): +$58 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 6.4 days. Mind the row above: over the last 3 days funding on this pair paid +0.111%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XMR574.190.1030pay 0.1030% / 8h4h 31m$6.5M$2.2M
ShortHyperliquid XMR577.320.0727get 0.0091% / 1h31m 28s$86.7M$71.1M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Variational Omni. 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
−$63.55
Price spread: +0.544% → −0.036%
$58.08
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
−$14.47
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Hyperliquid: live order book, 12 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 3 min ago2.80 bpdoesn't fit11.3 bp −$113doesn't fitdoesn't fit
Sell Hyperliquid live order book, 12 min ago0.87 bp10.7 bp −$11doesn'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
Injective XMR/USDC PERP−0.0136%1h582.55+1.455%$3K$3K12xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h576.21+0.350%$49K150xas long as short
Lighter XMR+0.0096%1h576.56+0.413%$3.3M$7.4M10xas long as short
edgeX XMRUSDC+0.0100%4h575.39+0.208%$1.0M$655K10xas long as short
SunX XMR-USDT+0.0100%8h576.01+0.316%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h576.47+0.396%$1.1M$1.6M20xas long as short
Kraken Futures PF_XMRUSD+0.0149%1h575.51+0.229%$5.4M$19.5M50xas long as short
Aevo XMR-PERP+0.0200%1h576.32+0.371%$12K3xas long as short
Polymarket Perps XMR-USD+0.0207%1h577.04+0.496%$19K$2.2M5xas long as short
Gate XMR_USDT+0.0373%8h576.61+0.421%$1.5M$4.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XMRUSDT+0.0400%8h577.33+0.546%$46.9M$64.3M75xas long as short
Backpack XMR_USDC_PERP+0.0436%1h576.75+0.445%$169K$534K20xas long as short
MEXC XMR_USDT+0.0481%8h577.50+0.576%$20.3M$15.0M100xas long as short
Binance XMRUSDT+0.0484%8h577.67+0.605%$52.7M$164.7M75xas long as short
dYdX XMR-USD+0.0495%1h575.74+0.269%$104K$44K5xas long as short
BingX XMR-USDT+0.0516%8h577.48+0.572%$5.7Mas long as short
Bitget XMRUSDT+0.0536%8h577.43+0.563%$9.4M$14.0M50xas long as short
KuCoin XMRUSDTM+0.0537%8h576.71+0.438%$45.2M$26.6M50xas long as short
Extended XMR-USD+0.0624%1h577.26+0.534%$3.1M$8.4M25xas long as short
Pacifica XMR+0.0626%1h577.35+0.549%$266K$1.1M10xas long as short
Aster XMRUSDT+0.0681%8h576.80+0.454%$640K$2.4M75xas long as short
Nado XMR-PERP+0.0700%1h577.41+0.561%$1.3M$465K10xas long as short
Hyperliquid XMRshort+0.0727%1h577.32+0.544%$86.7M$71.1M5x
Paradex XMR-USD-PERP+0.0761%8h577.57+0.587%$8K$4K20xas long as short
BloFin XMR-USDT+0.0773%8h575.98+0.311%$2.7M$11.2M75xas long as short
GRVT XMR_USDT_Perp+0.0843%8h575.80+0.279%$345K$742K10xas long as short
SoDEX XMR-USD+0.0928%1h576.83+0.459%$438K$3K5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0991% / S −0.1253%1h576.31+0.368%$593K100xas long as short
Variational Omni XMRlong+0.1030%8h574.19long leg$6.5M$2.2M
Orderly PERP_XMR_USDC+0.1121%8h577.36+0.551%$41K$734K10xas long as short
Aftermath Perps XMRUSD+0.2135%1h576.10+0.331%$1K$44K10xas long as short