Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0143%/8h= +15.6% APRpaid last 24h −0.066%

Price spread now: Pacifica against BloFin−1.503%394s7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$530.532% of the position

Long on BloFin Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.306%−$31 on $10k

Price spread, last 3 days (all we have)+1.415%+$142 · spread now −1.503%, 7d avg −0.039%

Together, before fees+1.110%+ Points / potential airdropPacifica: Active · farm board+$111 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 1.464% cheaper against BloFin than usual: you would sell low and buy high (spread −1.503% now, against its 7-day average of −0.039%). If the spread goes back, that is −$146 on $10k: about 34 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.306%, so the current rate has only just turned in your favour. The two prices were read 394 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin XMR-USDT	591.31	0.0679	pay 0.0679% / 8h	6h 41m	$2.7M	$11.6M	75x
Short	Pacifica XMR	582.42	0.0821	get 0.0103% / 1h	41m 46s	$268K	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −1.503%Rate

Funding earned: $29.96
Price spread: −1.503% → −0.039%: −$146.41
Slippage, 4 orders: −$33.18
Fee BloFin: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$169.63
Costs to cover: 0.532%
Break-even: 46.6 days

Slippage from BloFin: live order book, 7 min ago; Pacifica: live order book, 2 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, 7 min ago	1.78 bp	13.5 bp −$14	23.1 bp −$231	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	3.69 bp	12.0 bp −$12	doesn't fit	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
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	580.88	−1.765%	$33K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.922%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	588.96	−0.398%	$1.0M	$666K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	581.52	−1.656%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	581.89	−1.593%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	582.52	−1.487%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0467%	8h	582.32	−1.520%	$21.0M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0468%	8h	582.38	−1.510%	$53.2M	$168.1M	75x	as long as short
Gate XMR_USDT	+0.0489%	8h	581.88	−1.595%	$1.6M	$4.6M	50x	as long as short
dYdX XMR-USD	+0.0547%	1h	581.28	−1.696%	$105K	$50K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0576%	8h	582.50	−1.490%	$9.6M	$14.4M	50x	as long as short
Aster XMRUSDT	+0.0644%	8h	581.69	−1.627%	$645K	$2.5M	75x	as long as short
BloFin XMR-USDTlong	+0.0679%	8h	591.31	long leg	$2.7M	$11.6M	75x
KuCoin XMRUSDTM	+0.0728%	8h	582.22	−1.537%	$47.7M	$26.2M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0762%	1h	581.79	−1.610%	$182K	$535K	20x	as long as short
Pacifica XMRshort	+0.0821%	1h	582.42	−1.503%	$268K	$1.1M	10x
GMX XMR/USD [WBTC.b-USDC]	L +0.0914% / S −0.1124%	1h	580.77	−1.782%	$658K	—	100x	as long as short
BingX XMR-USDT	+0.0938%	8h	582.55	−1.481%	—	$5.8M	—	as long as short
GRVT XMR_USDT_Perp	+0.0949%	8h	585.49	−0.985%	$347K	$789K	10x	as long as short
Variational Omni XMR	+0.0967%	8h	588.98	−0.394%	$6.7M	$2.7M	—	as long as short
Polymarket Perps XMR-USD	+0.0986%	1h	582.02	−1.571%	$66K	$2.0M	5x	as long as short
Bybit XMRUSDT	+0.0991%	8h	582.58	−1.476%	$46.9M	$65.1M	75x	as long as short
Lighter XMR	+0.0992%	1h	582.19	−1.542%	$3.3M	$7.2M	10x	as long as short
Orderly PERP_XMR_USDC	+0.1048%	8h	582.13	−1.552%	$42K	$735K	10x	as long as short
Paradex XMR-USD-PERP	+0.1230%	8h	582.54	−1.484%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1315%	1h	581.12	−1.723%	$5.5M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1412%	1h	582.27	−1.528%	$1.3M	$464K	10x	as long as short
SoDEX XMR-USD	+0.1435%	1h	582.30	−1.524%	$443K	$3K	5x	as long as short
Hyperliquid XMR	+0.1641%	1h	582.40	−1.506%	$88.0M	$73.4M	5x	as long as short
Extended XMR-USD	+0.2088%	1h	582.30	−1.523%	$3.2M	$8.2M	25x	as long as short
Aftermath Perps XMRUSD	+0.2745%	1h	585.25	−1.025%	$1K	$46K	10x	as long as short