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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1257%/8h= +137.7% APRpaid last 24h +0.016%
Price spread now: Hyperliquid against Binance+0.099%7-day average −0.041% · 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 7 days+0.106%+$11 on $10k
Price spread, last 7 days−0.103%−$10 · spread now +0.099%, 7d avg −0.041%
Together, before fees+0.002%+ Points / potential airdropHyperliquid: Season 2 · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Hyperliquid is 0.140% dearer against Binance than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.041%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.106% in total (about 5.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance XMRUSDT596.590.0358pay 0.0358% / 8h2h 21m$54.7M$162.3M75x
ShortHyperliquid XMR597.180.1616get 0.0202% / 1h21m 26s$87.3M$66.2M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid against Binance. 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
$264.06
Price spread: +0.099% → −0.041%
$13.98
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$259.03
Costs to cover
0.190%
Break-even
0.1 days
Slippage unknown: Binance: live order book, 7 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 Binance live order book, 7 min ago1.68 bp12.8 bp −$1324.6 bp −$246doesn't fitdoesn't fit
Sell Hyperliquid live order book, 12 min ago0.42 bpdoesn't fitdoesn'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%1h595.91−0.113%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h591.89−0.788%$3K$6K12xas long as short
Bybit XMRUSDT+0.0100%8h596.30−0.049%$47.9M$61.0M75xas long as short
edgeX XMRUSDC+0.0100%4h596.64+0.008%$1.1M$672K10xas long as short
SunX XMR-USDT+0.0100%8h595.08−0.253%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h596.25−0.056%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0239%1h595.59−0.168%$203K$576K20xas long as short
Variational Omni XMR+0.0280%8h593.48−0.521%$6.9M$2.8Mas long as short
Lighter XMR+0.0296%1h596.47−0.020%$3.5M$6.7M10xas long as short
Polymarket Perps XMR-USD+0.0298%1h596.82+0.039%$25K$1.8M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDTlong+0.0358%8h596.59long leg$54.7M$162.3M75x
MEXC XMR_USDT+0.0359%8h596.99+0.067%$22.7M$15.3M100xas long as short
BingX XMR-USDT+0.0371%8h596.69+0.017%$5.8Mas long as short
Bitget XMRUSDT+0.0387%8h596.45−0.023%$9.9M$14.2M50xas long as short
Gate XMR_USDT+0.0395%8h596.32−0.045%$1.6M$4.5M50xas long as short
SoDEX XMR-USD+0.0440%1h596.48−0.018%$453K$3K5xas long as short
BloFin XMR-USDT+0.0508%8h597.21+0.104%$2.8M$11.4M75xas long as short
Aster XMRUSDT+0.0549%8h596.56−0.005%$676K$2.3M75xas long as short
KuCoin XMRUSDTM+0.0598%8h596.27−0.054%$49.3M$25.5M50xas long as short
Kraken Futures PF_XMRUSD+0.0611%1h595.38−0.203%$5.7M$20.4M50xas long as short
dYdX XMR-USD+0.0615%1h595.62−0.163%$108K$50K5xas long as short
Pacifica XMR+0.0619%1h596.99+0.067%$270K$1.0M10xas long as short
GRVT XMR_USDT_Perp+0.0623%8h597.26+0.113%$350K$782K10xas long as short
Paradex XMR-USD-PERP+0.0769%8h596.80+0.035%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0864% / S −0.1487%1h596.00−0.098%$369K100xas long as short
Orderly PERP_XMR_USDC+0.0894%8h596.50−0.015%$48K$723K10xas long as short
Nado XMR-PERP+0.0933%1h596.22−0.062%$1.3M$478K10xas long as short
Extended XMR-USD+0.1216%1h596.60+0.002%$3.1M$6.8M25xas long as short
Hyperliquid XMRshort+0.1616%1h597.18+0.099%$87.3M$66.2M5x
HTX XMR-USDT+0.2261%8h594.00−0.434%$1.1M$1.4M20xas long as short
Aftermath Perps XMRUSD+0.2321%1h594.94−0.277%$2K$47K10xas long as short