Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0690%/8h= −75.5% APRpaid last 24h −0.199%

Price spread now: edgeX against BloFin−0.102%7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$120as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$510.509% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.692%−$69 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now −0.102%, 7d avg −0.019%

Together, before fees−0.694%+ Points / potential airdropedgeX: Active · farm board−$69 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and edgeX is 0.083% cheaper against BloFin than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XMR-USDT	576.51	0.0790	pay 0.0790% / 8h	4h 14m	$2.7M	$11.2M	75x
Short	edgeX XMRUSDC	575.92	0.0100	get 0.0050% / 4h	14m 07s	$1.0M	$654K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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

Position, each leg$Hold fordaysFee BloFinbpFee edgeXbpOrdersPrice spread, now −0.102%Rate

Funding earned: −$144.85
Price spread: −0.102% → −0.019%: −$8.27
Slippage, 4 orders: −$29.94
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$204.05
Costs to cover: 0.509%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; edgeX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy BloFin live order book, 5 min ago	2.35 bp	10.7 bp −$11	19.5 bp −$195	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	10.17 bp	14.7 bp −$15	15.4 bp −$154	doesn't fit	doesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Injective XMR/USDC PERP	−0.0136%	1h	582.55	+1.048%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0008%	1h	573.44	−0.533%	$50K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	574.09	−0.419%	$3.3M	$7.5M	10x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	575.92	−0.102%	$1.0M	$654K	10x
SunX XMR-USDT	+0.0100%	8h	574.44	−0.359%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	576.67	+0.028%	$1.1M	$1.6M	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0150%	1h	573.15	−0.584%	$5.4M	$19.5M	50x	as long as short
Aevo XMR-PERP	+0.0200%	1h	575.16	−0.235%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0352%	1h	575.08	−0.248%	$25K	$2.2M	5x	as long as short
dYdX XMR-USD	+0.0378%	1h	574.40	−0.366%	$104K	$44K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDT	+0.0386%	8h	574.66	−0.321%	$1.6M	$4.5M	50x	as long as short
Bybit XMRUSDT	+0.0413%	8h	574.59	−0.333%	$46.8M	$64.5M	75x	as long as short
KuCoin XMRUSDTM	+0.0439%	8h	573.67	−0.493%	$44.9M	$26.6M	50x	as long as short
BingX XMR-USDT	+0.0491%	8h	574.64	−0.324%	—	$5.7M	—	as long as short
MEXC XMR_USDT	+0.0493%	8h	575.00	−0.262%	$20.2M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0497%	8h	574.56	−0.338%	$52.6M	$164.8M	75x	as long as short
Bitget XMRUSDT	+0.0516%	8h	574.32	−0.380%	$9.4M	$14.0M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0547%	1h	574.18	−0.404%	$169K	$534K	20x	as long as short
Pacifica XMR	+0.0626%	1h	575.09	−0.247%	$265K	$1.1M	10x	as long as short
Aster XMRUSDT	+0.0679%	8h	575.46	−0.182%	$638K	$2.3M	75x	as long as short
Extended XMR-USD	+0.0680%	1h	574.61	−0.330%	$3.1M	$8.3M	25x	as long as short
BloFin XMR-USDTlong	+0.0790%	8h	576.51	long leg	$2.7M	$11.2M	75x
Nado XMR-PERP	+0.0801%	1h	575.09	−0.247%	$1.3M	$460K	10x	as long as short
Paradex XMR-USD-PERP	+0.0834%	8h	575.09	−0.246%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0862%	8h	576.46	−0.009%	$345K	$733K	10x	as long as short
Hyperliquid XMR	+0.0888%	1h	574.55	−0.340%	$86.5M	$71.1M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1253%	1h	573.55	−0.513%	$590K	—	100x	as long as short
Variational Omni XMR	+0.1023%	8h	576.24	−0.046%	$6.6M	$2.2M	—	as long as short
Orderly PERP_XMR_USDC	+0.1123%	8h	574.60	−0.331%	$40K	$735K	10x	as long as short
SoDEX XMR-USD	+0.1166%	1h	574.85	−0.288%	$437K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1991%	1h	575.06	−0.251%	$1K	$44K	10x	as long as short