Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0487%/8h= −53.3% APRpaid last 24h −0.031%
Price spread now: BingX against GMX+0.208%7-day average +0.210% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.258%−$26 on $10k
Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.208%, 7d avg +0.210%
Together, before fees−0.282%−$28 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.210%, so right now this pair is about funding alone: −$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]576.00L +0.1132% / S −0.1504%pay 0.0142% / 1h45m 21s$604K100x
ShortBingX XMR-USDT577.200.0645get 0.0645% / 8h1h 45m$5.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against GMX. 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
−$102.31
Price spread: +0.208% → +0.210%
−$0.19
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee BingX: 5 bp × 2 orders
−$10
Net
−$124.5
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; BingX: live order book, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell BingX live order book, 5 min ago0.95 bp12.7 bp −$1326.8 bp −$26869.1 bp −$6,906362.9 bp −$181.5K
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 −0.0004%1h575.97−0.006%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.137%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h576.59+0.102%$1.0M$635K10xas long as short
SunX XMR-USDT+0.0100%8h576.56+0.097%$2K$1.7M20xas long as short
HTX XMR-USDT+0.0100%8h575.92−0.014%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0240%1h576.67+0.116%$12K3xas long as short
dYdX XMR-USD+0.0266%1h575.15−0.147%$104K$43K5xas long as short
Lighter XMR+0.0328%1h576.85+0.148%$3.1M$6.1M10xas long as short
KuCoin XMRUSDTM+0.0334%8h576.05+0.008%$45.4M$24.3M50xas long as short
Extended XMR-USD+0.0456%1h576.93+0.161%$3.0M$8.2M25xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps XMR-USD+0.0462%1h576.42+0.073%$23K$2.1M5xas long as short
Bitget XMRUSDT+0.0591%8h577.00+0.173%$9.5M$12.4M50xas long as short
Kraken Futures PF_XMRUSD+0.0631%1h575.92−0.014%$5.4M$17.3M50xas long as short
Binance XMRUSDT+0.0642%8h576.97+0.168%$52.6M$145.3M75xas long as short
BingX XMR-USDTshort+0.0645%8h577.20+0.208%$5.5M
MEXC XMR_USDT+0.0646%8h576.81+0.140%$20.1M$14.4M100xas long as short
Bybit XMRUSDT+0.0665%8h576.64+0.111%$46.8M$61.5M75xas long as short
Gate XMR_USDT+0.0675%8h575.95−0.009%$1.5M$3.3M50xas long as short
Aster XMRUSDT+0.0801%8h576.44+0.076%$639K$2.0M75xas long as short
Hyperliquid XMR+0.0850%1h576.67+0.116%$87.2M$67.5M5xas long as short
Paradex XMR-USD-PERP+0.0852%8h575.75−0.043%$8K$3K20xas long as short
Backpack XMR_USDC_PERP+0.0862%1h575.69−0.054%$175K$531K20xas long as short
SoDEX XMR-USD+0.0923%1h577.03+0.179%$439K$3K5xas long as short
Pacifica XMR+0.1002%1h575.87−0.022%$265K$944K10xas long as short
GRVT XMR_USDT_Perp+0.1013%8h576.16+0.028%$344K$711K10xas long as short
Nado XMR-PERP+0.1029%1h575.92−0.014%$1.3M$445K10xas long as short
BloFin XMR-USDT+0.1058%8h577.32+0.229%$2.7M$11.0M75xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.1132% / S −0.1504%1h576.00long leg$604K100x
Variational Omni XMR+0.1137%8h575.92−0.013%$6.2M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1192%8h576.58+0.100%$41K$604K10xas long as short
Aftermath Perps XMRUSD+0.1971%1h576.16+0.028%$1K$42K10xas long as short