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−0.0280%/8h= −30.6% APRnext payment $2.80 per $10,000 · paid last 24h −0.166%
Price spread now: Bybit against BloFin+0.065%102s7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$105as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$470.466% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.587%−$59 on $10k
Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.065%, 7d avg −0.026%
Together, before fees−0.694%−$69 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.091% dearer against BloFin than usual: you sell high and buy low (spread +0.065% now, against its 7-day average of −0.026%): +$9 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 26 hours. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XMR-USDT573.020.0910pay 0.0910% / 8h3h 21m$2.7M$11.1M75x
ShortBybit XMRUSDT573.390.0630get 0.0630% / 8h3h 21m$46.7M$64.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$58.72
Price spread: +0.065% → −0.026%
$9.09
Slippage, 4 orders
−$23.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$96.23
Costs to cover
0.466%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Bybit: live order book, 2 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 BloFin live order book, 2 min ago3.40 bp12.9 bp −$1319.8 bp −$198doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.35 bp10.2 bp −$1019.2 bp −$19275.3 bp −$7,535doesn'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%1h571.36−0.291%$37K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.663%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h572.90−0.020%$1.0M$644K10xas long as short
SunX XMR-USDT+0.0100%8h572.02−0.175%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h571.00−0.353%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0216%1h572.94−0.015%$12K3xas long as short
Kraken Futures PF_XMRUSD+0.0226%1h571.31−0.299%$5.4M$19.5M50xas long as short
KuCoin XMRUSDTM+0.0318%8h572.13−0.155%$45.0M$26.4M50xas long as short
Paradex XMR-USD-PERP+0.0329%8h573.49+0.082%$8K$4K20xas long as short
Bitget XMRUSDT+0.0517%8h573.80+0.136%$9.4M$13.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate XMR_USDT+0.0518%8h572.75−0.047%$1.6M$4.5M50xas long as short
MEXC XMR_USDT+0.0552%8h573.33+0.054%$19.8M$14.7M100xas long as short
Binance XMRUSDT+0.0553%8h573.76+0.129%$52.4M$163.2M75xas long as short
Backpack XMR_USDC_PERP+0.0582%1h571.63−0.243%$169K$532K20xas long as short
Lighter XMR+0.0584%1h572.74−0.049%$3.1M$7.5M10xas long as short
BingX XMR-USDT+0.0591%8h573.64+0.108%$5.6Mas long as short
Bybit XMRUSDTshort+0.0630%8h573.39+0.065%$46.7M$64.4M75x
Extended XMR-USD+0.0664%1h573.49+0.082%$3.1M$8.3M25xas long as short
Pacifica XMR+0.0682%1h573.17+0.027%$266K$1.0M10xas long as short
Aster XMRUSDT+0.0702%8h572.42−0.105%$638K$2.3M75xas long as short
Polymarket Perps XMR-USD+0.0740%1h573.52+0.087%$25K$2.2M5xas long as short
BloFin XMR-USDTlong+0.0910%8h573.02long leg$2.7M$11.1M75x
GRVT XMR_USDT_Perp+0.0952%8h573.10+0.014%$339K$739K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0988% / S −0.1217%1h571.09−0.336%$595K100xas long as short
dYdX XMR-USD+0.1025%1h571.56−0.255%$103K$44K5xas long as short
Nado XMR-PERP+0.1081%1h573.32+0.053%$1.3M$457K10xas long as short
Variational Omni XMR+0.1129%8h572.77−0.044%$6.3M$2.3Mas long as short
Orderly PERP_XMR_USDC+0.1134%8h572.50−0.091%$40K$735K10xas long as short
Hyperliquid XMR+0.1260%1h573.53+0.089%$86.4M$71.2M5xas long as short
SoDEX XMR-USD+0.1379%1h572.58−0.077%$435K$3K5xas long as short
Aftermath Perps XMRUSD+0.1934%1h572.25−0.134%$1K$43K10xas long as short