Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0335%/8h= +36.7% APRpaid last 24h +0.145%

Price spread now: Bitget against edgeX−0.789%54s7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$31as 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−$580.579% of the position

Long on edgeX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.268%+$27 on $10k

Price spread, last 3 days (all we have)+0.394%+$39 · spread now −0.789%, 7d avg −0.015%

Together, before fees+0.662%+ Points / potential airdropedgeX: Active · farm board+$66 on $10k · with fees, hour by hour

Funding pays, the price is against you. Bitget is 0.774% cheaper against edgeX than usual: you would sell low and buy high (spread −0.789% now, against its 7-day average of −0.015%). If the spread goes back, that is −$77 on $10k: about 7.7 days of funding at the current rate (+$10 a day). At the pace of the last 7 days (+0.268% in total) that is about 20 days. The two prices were read 54 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	edgeX XMRUSDC	598.05	0.0100	pay 0.0050% / 4h	24m 44s	$1.1M	$662K	10x
Short	Bitget XMRUSDT	593.33	0.0435	get 0.0435% / 8h	24m 44s	$9.8M	$14.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.789%Rate

Funding earned: $70.35
Price spread: −0.789% → −0.015%: −$77.43
Slippage, 4 orders: −$36.86
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$64.94
Costs to cover: 0.579%
Break-even: 13.5 days

Slippage from edgeX: live order book, 4 min ago; Bitget: live order book, 4 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, 4 min ago	10.16 bp	14.7 bp −$15	15.6 bp −$156	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	5.63 bp	15.7 bp −$16	36.3 bp −$363	102.4 bp −$10.2K	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	593.20	−0.811%	$44K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	593.06	−0.835%	$3.4M	$6.9M	10x	as long as short
Bybit XMRUSDT	+0.0100%	8h	594.15	−0.652%	$48.6M	$63.5M	75x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	598.05	long leg	$1.1M	$662K	10x
SunX XMR-USDT	+0.0100%	8h	593.32	−0.791%	$2K	$2.0M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	593.76	−0.718%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0163%	1h	593.06	−0.835%	$202K	$575K	20x	as long as short
Binance XMRUSDT	+0.0307%	8h	593.50	−0.761%	$54.4M	$164.9M	75x	as long as short
MEXC XMR_USDT	+0.0307%	8h	593.48	−0.764%	$22.0M	$15.0M	100x	as long as short
BingX XMR-USDT	+0.0415%	8h	593.62	−0.741%	—	$5.7M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDTshort	+0.0435%	8h	593.33	−0.789%	$9.8M	$14.5M	50x
BloFin XMR-USDT	+0.0439%	8h	593.59	−0.746%	$2.8M	$11.6M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0464%	1h	592.53	−0.923%	$5.6M	$20.5M	50x	as long as short
Variational Omni XMR	+0.0466%	8h	595.11	−0.492%	$6.9M	$2.6M	—	as long as short
Gate XMR_USDT	+0.0475%	8h	593.27	−0.799%	$1.6M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0562%	8h	592.94	−0.855%	$48.4M	$26.0M	50x	as long as short
Pacifica XMR	+0.0565%	1h	593.72	−0.724%	$278K	$1.1M	10x	as long as short
Aster XMRUSDT	+0.0579%	8h	592.84	−0.872%	$675K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0586%	8h	594.80	−0.543%	$349K	$794K	10x	as long as short
Polymarket Perps XMR-USD	+0.0699%	1h	594.46	−0.601%	$21K	$1.7M	5x	as long as short
SoDEX XMR-USD	+0.0749%	1h	593.71	−0.726%	$451K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0821%	8h	593.90	−0.695%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0872% / S −0.2449%	1h	593.01	−0.842%	$551K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0949%	8h	593.76	−0.718%	$43K	$729K	10x	as long as short
Nado XMR-PERP	+0.1136%	1h	594.12	−0.657%	$1.3M	$476K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.216%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1653%	1h	593.63	−0.739%	$89.7M	$71.1M	5x	as long as short
Extended XMR-USD	+0.1752%	1h	593.83	−0.706%	$3.2M	$7.0M	25x	as long as short
HTX XMR-USDT	+0.1938%	8h	594.00	−0.677%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2279%	1h	595.66	−0.399%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.2427%	1h	592.54	−0.921%	$108K	$50K	5x	as long as short