Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0411%/8h= +45.1% APRpaid last 24h +0.132%

Price spread now: Binance against edgeX−0.088%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$520.519% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.350%+$35 on $10k

Price spread, last 7 days+0.082%+$8 · spread now −0.088%, 7d avg +0.014%

Together, before fees+0.432%+ Points / potential airdropedgeX: Active · farm board+$43 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.102% cheaper against edgeX than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of +0.014%). If the spread goes back, that is −$10 on $10k: about 20 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.350% in total) that is about 2.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XMRUSDC	572.85	0.0100	pay 0.0050% / 4h	15m 35s	$1.0M	$547K	10x
Short	Binance XMRUSDT	572.35	0.0511	get 0.0511% / 8h	15m 35s	$52.2M	$111.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now −0.088%Rate

Funding earned: $86.41
Price spread: −0.088% → +0.014%: −$10.24
Slippage, 4 orders: −$32.92
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $24.25
Costs to cover: 0.519%
Break-even: 5.0 days

Slippage from edgeX: live order book, 3 min ago; Binance: live order book, 12 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 edgeX live order book, 3 min ago	10.73 bp	15.2 bp −$15	15.9 bp −$159	doesn't fit	doesn't fit
Sell Binance live order book, 12 min ago	0.09 bp	10.9 bp −$11	25.1 bp −$251	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 −0.0005%	1h	571.83	−0.178%	$33K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.693%	$3K	$3K	12x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	572.85	long leg	$1.0M	$547K	10x
Polymarket Perps XMR-USD	+0.0100%	1h	572.63	−0.039%	$30K	$1.7M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	572.43	−0.074%	$2K	$1.3M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.65	−0.035%	$1.1M	$1.1M	20x	as long as short
Extended XMR-USD	+0.0104%	1h	572.85	0.000%	$3.0M	$7.9M	25x	as long as short
Aevo XMR-PERP	+0.0208%	1h	572.89	+0.006%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0288%	8h	572.15	−0.123%	$45.2M	$18.7M	50x	as long as short
Lighter XMR	+0.0320%	1h	572.23	−0.108%	$3.1M	$5.9M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0442%	8h	572.60	−0.044%	$46.4M	$51.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0467%	1h	572.25	−0.105%	$174K	$420K	20x	as long as short
Gate XMR_USDT	+0.0478%	8h	572.00	−0.149%	$1.6M	$2.9M	50x	as long as short
BingX XMR-USDT	+0.0494%	8h	572.87	+0.003%	—	$5.4M	—	as long as short
Hyperliquid XMR	+0.0501%	1h	572.27	−0.102%	$86.9M	$60.7M	5x	as long as short
Binance XMRUSDTshort	+0.0511%	8h	572.35	−0.088%	$52.2M	$111.6M	75x
MEXC XMR_USDT	+0.0513%	8h	572.35	−0.088%	$20.2M	$11.1M	100x	as long as short
Bitget XMRUSDT	+0.0516%	8h	572.66	−0.034%	$9.4M	$10.6M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0619%	1h	571.90	−0.166%	$5.4M	$9.6M	50x	as long as short
Aster XMRUSDT	+0.0650%	8h	572.22	−0.110%	$640K	$1.7M	75x	as long as short
Paradex XMR-USD-PERP	+0.0656%	8h	572.33	−0.092%	$8K	$2K	20x	as long as short
Pacifica XMR	+0.0735%	1h	572.30	−0.096%	$267K	$788K	10x	as long as short
SoDEX XMR-USD	+0.0748%	1h	572.75	−0.018%	$435K	$3K	5x	as long as short
dYdX XMR-USD	+0.0772%	1h	571.47	−0.241%	$104K	$29K	5x	as long as short
BloFin XMR-USDT	+0.0839%	8h	573.35	+0.087%	$2.7M	$10.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0848%	8h	573.31	+0.080%	$332K	$639K	10x	as long as short
Variational Omni XMR	+0.0855%	8h	572.61	−0.043%	$6.2M	$2.3M	—	as long as short
Nado XMR-PERP	+0.0976%	1h	572.96	+0.018%	$1.2M	$334K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1123% / S −0.1459%	1h	571.89	−0.168%	$596K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1155%	8h	572.70	−0.027%	$40K	$448K	10x	as long as short
Aftermath Perps XMRUSD	+0.1996%	1h	572.92	+0.011%	$1K	$39K	10x	as long as short