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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0088%/8h= +9.7% APRpaid last 24h +0.217%
Price spread now: dYdX against BingX−0.219%7-day average −0.222% · you buy dearer than you sell
Net, funding: paid 7d − costs−$318as in the Funding arb table
Net, price: spread back to 7d avg − costs−$394as in the Price arb table
costs, in and out, $10k−$3953.945% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.763%+$76 on $10k
Price spread, last 4 days (all we have)−0.114%−$11 · spread now −0.219%, 7d avg −0.222%
Together, before fees+0.649%+$65 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.222%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT575.080.0612pay 0.0612% / 8h1h 30m$5.4M
ShortdYdX XMR-USD573.820.0700get 0.0088% / 1h30m 00s$104K$43K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

dYdX 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
$18.52
Price spread: −0.219% → −0.222%
$0.27
Slippage, 4 orders
−$374.52
Fee BingX: 5 bp × 2 orders
−$10
Fee dYdX: 5 bp × 2 orders
−$10
Net
−$375.72
Costs to cover
3.945%
Break-even
149.0 days
Slippage from BingX: live order book, 10 min ago; dYdX: live order book, 14 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, 10 min ago0.09 bp10.6 bp −$1126.8 bp −$26890.2 bp −$9,020doesn't fit
Sell dYdX live order book, 14 min ago80.38 bp245.9 bp −$246270.3 bp −$2,703292.5 bp −$29.3K540.0 bp −$270.0K

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 −0.0004%1h573.96−0.194%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.299%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h574.12−0.168%$1.0M$633K10xas long as short
SunX XMR-USDT+0.0100%8h574.33−0.130%$2K$1.6M20xas long as short
HTX XMR-USDT+0.0100%8h574.00−0.188%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0240%1h574.41−0.117%$12K3xas long as short
Lighter XMR+0.0304%1h575.07−0.002%$3.1M$6.2M10xas long as short
KuCoin XMRUSDTM+0.0314%8h574.92−0.028%$45.3M$23.5M50xas long as short
Extended XMR-USD+0.0344%1h574.84−0.041%$3.0M$8.3M25xas long as short
Polymarket Perps XMR-USD+0.0496%1h574.91−0.030%$23K$2.0M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0590%8h575.27+0.033%$9.5M$11.8M50xas long as short
BingX XMR-USDTlong+0.0612%8h575.08long leg$5.4M
Kraken Futures PF_XMRUSD+0.0633%1h574.11−0.168%$5.4M$16.6M50xas long as short
MEXC XMR_USDT+0.0635%8h575.15+0.012%$20.1M$14.4M100xas long as short
Binance XMRUSDT+0.0635%8h575.08−0.001%$52.3M$138.9M75xas long as short
Bybit XMRUSDT+0.0637%8h574.85−0.040%$46.6M$59.5M75xas long as short
Gate XMR_USDT+0.0666%8h574.65−0.075%$1.5M$3.3M50xas long as short
dYdX XMR-USDshort+0.0700%1h573.82−0.219%$104K$43K5x
Aster XMRUSDT+0.0794%8h575.23+0.025%$637K$2.0M75xas long as short
Hyperliquid XMR+0.0818%1h574.91−0.030%$87.1M$65.9M5xas long as short
Paradex XMR-USD-PERP+0.0819%8h575.72+0.111%$8K$3K20xas long as short
Backpack XMR_USDC_PERP+0.0892%1h574.67−0.071%$174K$503K20xas long as short
SoDEX XMR-USD+0.0958%1h575.10+0.003%$437K$3K5xas long as short
Nado XMR-PERP+0.0987%1h575.43+0.062%$1.3M$444K10xas long as short
GRVT XMR_USDT_Perp+0.0994%8h574.39−0.121%$343K$711K10xas long as short
Pacifica XMR+0.1002%1h575.42+0.058%$265K$927K10xas long as short
BloFin XMR-USDT+0.1047%8h574.93−0.026%$2.7M$10.8M75xas long as short
Variational Omni XMR+0.1099%8h574.60−0.083%$6.2M$2.4Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1136% / S −0.1500%1h573.80−0.222%$595K100xas long as short
Orderly PERP_XMR_USDC+0.1187%8h574.89−0.033%$40K$588K10xas long as short
Aftermath Perps XMRUSD+0.1931%1h574.14−0.164%$1K$41K10xas long as short