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−0.0253%/8h= −27.7% APRnext payment $2.53 per $10,000 · paid last 24h −0.048%
Price spread now: MEXC against Gate+0.041%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$550.548% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.267%−$27 on $10k
Price spread, last 7 days−0.058%−$6 · spread now +0.041%, 7d avg +0.072%
Together, before fees−0.325%−$33 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and MEXC is 0.031% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.072%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XMR_USDT587.760.0690pay 0.0690% / 8h7h 04m$1.6M$4.7M50x
ShortMEXC XMR_USDT588.000.0437get 0.0437% / 8h7h 04m$21.3M$15.3M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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
−$53.13
Price spread: +0.041% → +0.072%
−$3.08
Slippage, 4 orders
−$35.82
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$111.03
Costs to cover
0.548%
Break-even
never at this rate
Slippage from Gate: live order book, 4 min ago; MEXC: live order book, 4 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 Gate live order book, 4 min ago6.36 bp23.5 bp −$2341.8 bp −$418doesn't fitdoesn't fit
Sell MEXC live order book, 4 min ago0.09 bp3.6 bp −$431.5 bp −$31574.6 bp −$7,460230.9 bp −$115.4K

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 −0.0009%1h587.00−0.129%$34K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.531%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h588.69+0.159%$1.0M$662K10xas long as short
SunX XMR-USDT+0.0100%8h587.06−0.119%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h587.39−0.063%$1.1M$1.6M20xas long as short
dYdX XMR-USD+0.0120%1h587.24−0.089%$106K$50K5xas long as short
Aevo XMR-PERP+0.0192%1h588.01+0.043%$12K3xas long as short
Binance XMRUSDT+0.0437%8h588.09+0.056%$53.7M$167.0M75xas long as short
MEXC XMR_USDTshort+0.0437%8h588.00+0.041%$21.3M$15.3M100x
Bitget XMRUSDT+0.0566%8h587.91+0.026%$9.7M$14.4M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0632%8h588.09+0.056%$652K$2.5M75xas long as short
BloFin XMR-USDT+0.0633%8h588.32+0.095%$2.7M$11.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0648%1h586.67−0.186%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h589.05+0.219%$271K$1.1M10xas long as short
Gate XMR_USDTlong+0.0690%8h587.76long leg$1.6M$4.7M50x
KuCoin XMRUSDTM+0.0730%8h587.83+0.012%$48.2M$26.0M50xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0888% / S −0.2559%1h587.04−0.123%$548K100xas long as short
Variational Omni XMR+0.0927%8h587.94+0.030%$6.7M$2.6Mas long as short
GRVT XMR_USDT_Perp+0.0953%8h588.84+0.184%$348K$792K10xas long as short
Backpack XMR_USDC_PERP+0.0992%1h587.41−0.060%$184K$535K20xas long as short
Orderly PERP_XMR_USDC+0.1042%8h588.21+0.077%$43K$733K10xas long as short
Polymarket Perps XMR-USD+0.1105%1h588.71+0.162%$49K$1.9M5xas long as short
Lighter XMR+0.1160%1h587.84+0.014%$3.3M$7.2M10xas long as short
BingX XMR-USDT+0.1172%8h588.16+0.068%$5.8Mas long as short
Bybit XMRUSDT+0.1197%8h588.24+0.082%$47.3M$64.6M75xas long as short
Paradex XMR-USD-PERP+0.1265%8h588.94+0.201%$8K$4K20xas long as short
SoDEX XMR-USD+0.1277%1h587.91+0.026%$447K$3K5xas long as short
Nado XMR-PERP+0.1367%1h588.91+0.197%$1.3M$464K10xas long as short
Hyperliquid XMR+0.1874%1h588.27+0.087%$89.2M$72.7M5xas long as short
Extended XMR-USD+0.2392%1h588.17+0.069%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2641%1h588.63+0.147%$1K$46K10xas long as short