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+0.0032%/8h= +3.5% APRpaid last 24h +0.072%
Price spread now: Kraken Futures against BingX−0.187%7-day average −0.187% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.623% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.271%+$27 on $10k
Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.187%, 7d avg −0.187%
Together, before fees+0.290%+$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.187%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT575.460.0600pay 0.0600% / 8h1h 20m$5.4M
ShortKraken Futures PF_XMRUSD574.380.0632get 0.0079% / 1h20m 01s$5.4M$14.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$6.77
Price spread: −0.187% → −0.187%
$0.03
Slippage, 4 orders
−$42.3
Fee BingX: 5 bp × 2 orders
−$10
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$55.51
Costs to cover
0.623%
Break-even
64.4 days
Slippage from BingX: live order book, 10 min ago; Kraken Futures: live order book, 4 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 ago0.61 bp16.5 bp −$1728.2 bp −$282128.7 bp −$12.9Kdoesn't fit
Sell Kraken Futures live order book, 4 min ago6.35 bp19.5 bp −$2035.0 bp −$350135.7 bp −$13.6Kdoesn'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 −0.0004%1h574.21−0.217%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.232%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h575.40−0.010%$1.0M$583K10xas long as short
SunX XMR-USDT+0.0100%8h574.59−0.151%$2K$1.5M20xas long as short
HTX XMR-USDT+0.0100%8h574.78−0.118%$1.1M$1.4M20xas long as short
Aevo XMR-PERP+0.0240%1h575.30−0.027%$12K3xas long as short
Lighter XMR+0.0248%1h575.22−0.042%$3.1M$6.2M10xas long as short
Extended XMR-USD+0.0272%1h574.94−0.091%$3.0M$8.2M25xas long as short
KuCoin XMRUSDTM+0.0322%8h575.06−0.070%$45.4M$22.2M50xas long as short
Polymarket Perps XMR-USD+0.0506%1h575.15−0.054%$24K$1.9M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XMR-USD+0.0536%1h574.01−0.253%$104K$43K5xas long as short
Bitget XMRUSDT+0.0592%8h575.56+0.017%$9.6M$11.4M50xas long as short
BingX XMR-USDTlong+0.0600%8h575.46long leg$5.4M
Bybit XMRUSDT+0.0618%8h575.36−0.017%$46.7M$57.1M75xas long as short
Binance XMRUSDT+0.0623%8h575.49+0.006%$52.4M$128.0M75xas long as short
MEXC XMR_USDT+0.0625%8h575.42−0.007%$20.1M$14.5M100xas long as short
Kraken Futures PF_XMRUSDshort+0.0632%1h574.38−0.187%$5.4M$14.2M50x
Gate XMR_USDT+0.0681%8h575.01−0.078%$1.6M$3.3M50xas long as short
Paradex XMR-USD-PERP+0.0774%8h575.35−0.020%$8K$3K20xas long as short
Aster XMRUSDT+0.0787%8h574.84−0.108%$637K$2.0M75xas long as short
Hyperliquid XMR+0.0805%1h575.35−0.019%$87.2M$63.8M5xas long as short
SoDEX XMR-USD+0.0939%1h575.35−0.019%$437K$3K5xas long as short
Nado XMR-PERP+0.0957%1h575.43−0.004%$1.3M$439K10xas long as short
Backpack XMR_USDC_PERP+0.0978%1h575.04−0.073%$175K$490K20xas long as short
GRVT XMR_USDT_Perp+0.0984%8h575.35−0.019%$334K$665K10xas long as short
Pacifica XMR+0.1002%1h575.21−0.044%$265K$906K10xas long as short
BloFin XMR-USDT+0.1005%8h575.41−0.009%$2.7M$10.7M75xas long as short
Variational Omni XMR+0.1077%8h574.67−0.137%$6.2M$2.4Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1159% / S −0.1547%1h574.38−0.188%$595K100xas long as short
Orderly PERP_XMR_USDC+0.1185%8h575.01−0.078%$40K$573K10xas long as short
Aftermath Perps XMRUSD+0.1889%1h575.08−0.067%$1K$41K10xas long as short