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+0.0318%/8h= +34.8% APRnext payment +$3.18 per $10,000 · paid last 24h +0.049%
Price spread now: BloFin against BingX+0.117%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$520.524% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.317%+$32 on $10k
Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.117%, 7d avg −0.002%
Together, before fees+0.254%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and BloFin is 0.119% dearer against BingX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.002%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT573.350.0591pay 0.0591% / 8h3h 20m$5.6M
ShortBloFin XMR-USDT574.020.0909get 0.0909% / 8h3h 20m$2.7M$11.2M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against BingX. 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
$66.77
Price spread: +0.117% → −0.002%
$11.92
Slippage, 4 orders
−$30.37
Fee BingX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$26.32
Costs to cover
0.524%
Break-even
4.2 days
Slippage from BingX: live order book, 14 min ago; BloFin: live order book, 3 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 BingX live order book, 14 min ago0.61 bp12.8 bp −$1322.4 bp −$224126.2 bp −$12.6Kdoesn't fit
Sell BloFin live order book, 3 min ago3.40 bp14.0 bp −$1424.9 bp −$249doesn'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 −0.0003%1h572.15−0.210%$37K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.605%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h572.90−0.078%$1.0M$644K10xas long as short
SunX XMR-USDT+0.0100%8h573.34−0.002%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h571.12−0.389%$1.0M$1.6M20xas long as short
Aevo XMR-PERP+0.0216%1h573.65+0.053%$12K3xas long as short
Kraken Futures PF_XMRUSD+0.0226%1h572.58−0.134%$5.4M$19.5M50xas long as short
KuCoin XMRUSDTM+0.0318%8h572.42−0.162%$45.0M$26.4M50xas long as short
Paradex XMR-USD-PERP+0.0329%8h573.49+0.024%$8K$4K20xas long as short
Bitget XMRUSDT+0.0517%8h573.88+0.092%$9.4M$13.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XMR_USDT+0.0518%8h572.92−0.075%$1.6M$4.5M50xas long as short
MEXC XMR_USDT+0.0552%8h573.350.000%$19.8M$14.7M100xas long as short
Binance XMRUSDT+0.0553%8h573.20−0.026%$52.3M$163.2M75xas long as short
BingX XMR-USDTlong+0.0591%8h573.35long leg$5.6M
Backpack XMR_USDC_PERP+0.0596%1h573.21−0.024%$169K$532K20xas long as short
Lighter XMR+0.0600%1h573.20−0.026%$3.1M$7.5M10xas long as short
Bybit XMRUSDT+0.0630%8h573.16−0.033%$46.7M$64.4M75xas long as short
Extended XMR-USD+0.0672%1h573.12−0.040%$3.1M$8.3M25xas long as short
Pacifica XMR+0.0682%1h573.17−0.031%$266K$1.0M10xas long as short
Aster XMRUSDT+0.0702%8h572.50−0.148%$638K$2.3M75xas long as short
Polymarket Perps XMR-USD+0.0740%1h573.52+0.030%$25K$2.2M5xas long as short
BloFin XMR-USDTshort+0.0909%8h574.02+0.117%$2.7M$11.2M75x
GRVT XMR_USDT_Perp+0.0952%8h573.10−0.044%$339K$739K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0989% / S −0.1217%1h572.28−0.187%$596K100xas long as short
dYdX XMR-USD+0.1025%1h571.56−0.312%$103K$44K5xas long as short
Nado XMR-PERP+0.1081%1h573.32−0.005%$1.3M$457K10xas long as short
Variational Omni XMR+0.1135%8h573.72+0.064%$6.3M$2.3Mas long as short
Orderly PERP_XMR_USDC+0.1135%8h573.44+0.016%$40K$735K10xas long as short
Hyperliquid XMR+0.1258%1h573.11−0.042%$86.4M$71.2M5xas long as short
SoDEX XMR-USD+0.1404%1h573.85+0.087%$436K$3K5xas long as short
Aftermath Perps XMRUSD+0.1931%1h572.91−0.076%$1K$43K10xas long as short