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−0.0103%/8h= −11.3% APRnext payment $1.03 per $10,000 · paid last 24h +0.029%
Price spread now: Gate against BingX−0.180%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$660.657% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.239%+$24 on $10k
Price spread, last 7 days+0.142%+$14 · spread now −0.180%, 7d avg −0.065%
Together, before fees+0.380%+$38 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.115% cheaper against BingX than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.065%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.239%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT590.510.0856pay 0.0856% / 8h6h 22m$5.8M
ShortGate XMR_USDT589.450.0753get 0.0753% / 8h6h 22m$1.6M$4.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21.67
Price spread: −0.180% → −0.065%
−$11.47
Slippage, 4 orders
−$40.69
Fee BingX: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$98.83
Costs to cover
0.657%
Break-even
never at this rate
Slippage from BingX: live order book, 8 min ago; Gate: live order book, 1 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, 8 min ago0.85 bp11.7 bp −$1222.6 bp −$226121.3 bp −$12.1Kdoesn't fit
Sell Gate live order book, 1 min ago6.97 bp23.8 bp −$2440.3 bp −$403doesn't fitdoesn't fit

XMR on 30 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 −0.0010%1h588.31−0.372%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.058%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h590.16−0.058%$1.1M$667K10xas long as short
SunX XMR-USDT+0.0100%8h589.03−0.251%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h586.92−0.608%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h590.11−0.067%$12K3xas long as short
dYdX XMR-USD+0.0456%1h587.40−0.527%$106K$50K5xas long as short
MEXC XMR_USDT+0.0521%8h590.10−0.069%$21.0M$15.3M100xas long as short
Binance XMRUSDT+0.0521%8h590.21−0.051%$53.9M$168.3M75xas long as short
Bitget XMRUSDT+0.0616%8h589.76−0.127%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0697%8h589.72−0.134%$656K$2.5M75xas long as short
Gate XMR_USDTshort+0.0753%8h589.45−0.180%$1.6M$4.6M50x
KuCoin XMRUSDTM+0.0782%8h589.31−0.203%$48.3M$26.2M50xas long as short
Pacifica XMR+0.0821%1h588.58−0.327%$273K$1.1M10xas long as short
BingX XMR-USDTlong+0.0856%8h590.51long leg$5.8M
Bybit XMRUSDT+0.0873%8h590.18−0.056%$47.6M$65.0M75xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0936% / S −0.1162%1h588.08−0.412%$655K100xas long as short
Backpack XMR_USDC_PERP+0.1003%1h589.66−0.144%$185K$534K20xas long as short
Variational Omni XMR+0.1021%8h590.91+0.067%$6.7M$2.9Mas long as short
Orderly PERP_XMR_USDC+0.1065%8h589.88−0.107%$42K$736K10xas long as short
Lighter XMR+0.1080%1h589.73−0.132%$3.3M$7.2M10xas long as short
Polymarket Perps XMR-USD+0.1085%1h589.20−0.222%$35K$2.1M5xas long as short
GRVT XMR_USDT_Perp+0.1110%8h590.89+0.064%$346K$786K10xas long as short
Paradex XMR-USD-PERP+0.1286%8h588.11−0.407%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1299%1h588.60−0.324%$5.6M$20.5M50xas long as short
Nado XMR-PERP+0.1505%1h589.41−0.186%$1.3M$467K10xas long as short
Hyperliquid XMR+0.1822%1h590.40−0.018%$89.2M$73.7M5xas long as short
SoDEX XMR-USD+0.1862%1h590.20−0.052%$449K$3K5xas long as short
Extended XMR-USD+0.2104%1h589.97−0.091%$3.2M$8.2M25xas long as short
Aftermath Perps XMRUSD+0.2776%1h588.44−0.351%$1K$46K10xas long as short