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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 20:00 UTC−0.0142%/8hnext payment $0.18 per $10,000 · paid last 24h +0.183%
Price spread now: Nado against GMX+0.136%7-day average +0.186% · 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)+0.309%+$31 on $10k
Price spread, last 3 days (all we have)+0.043%+$4 · spread now +0.136%, 7d avg +0.186%
Together, before fees+0.352%+ Points / potential airdropNado: Active · farm board+$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.050% cheaper against GMX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.186%). Swap the legs. Mind the row above: over the last 3 days funding on this pair paid +0.309%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]585.02L +0.0724% / S −0.0954%pay 0.0090% / 1h3m 56s$279K100x
ShortNado XMR-PERP585.810.0582get 0.0073% / 1h3m 56s$1.3M$463K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$29.74
Price spread: +0.136% → +0.186%
−$5.04
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$53.78
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Nado: live order book, 4 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 Nado live order book, 4 min ago6.66 bp10.3 bp −$1034.5 bp −$345doesn't fitdoesn't fit
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
Kraken Futures PF_XMRUSD−0.0141%1h585.49+0.082%$5.5M$20.5M50xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h585.11+0.016%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h554.47−5.221%$3K$8K12xas long as short
Bybit XMRUSDT+0.0100%8h586.55+0.262%$46.7M$60.1M75xas long as short
edgeX XMRUSDC+0.0100%4h584.65−0.063%$1.0M$678K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h585.69+0.115%$36K$1.8M5xas long as short
SunX XMR-USDT+0.0100%8h585.33+0.054%$2K$2.0M20xas long as short
Aevo XMR-PERP+0.0168%1h584.96−0.009%$12K3xas long as short
Gate XMR_USDT+0.0239%8h585.60+0.100%$1.6M$4.5M50xas long as short
Lighter XMR+0.0328%1h586.35+0.227%$3.5M$6.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XMR_USDT+0.0332%8h586.20+0.202%$22.6M$15.2M100xas long as short
Binance XMRUSDT+0.0333%8h586.40+0.237%$54.3M$160.8M75xas long as short
Variational Omni XMR+0.0334%8h585.69+0.115%$7.0M$3.4Mas long as short
Backpack XMR_USDC_PERP+0.0354%1h586.05+0.177%$169K$530K20xas long as short
BingX XMR-USDT+0.0406%8h586.43+0.242%$5.9Mas long as short
Pacifica XMR+0.0408%1h585.60+0.100%$266K$1.1M10xas long as short
Bitget XMRUSDT+0.0423%8h586.87+0.317%$9.7M$14.3M50xas long as short
Hyperliquid XMR+0.0437%1h587.19+0.372%$83.4M$61.7M5xas long as short
BloFin XMR-USDT+0.0453%8h585.77+0.129%$2.8M$11.0M75xas long as short
KuCoin XMRUSDTM+0.0497%8h585.99+0.167%$48.7M$25.8M50xas long as short
GRVT XMR_USDT_Perp+0.0549%8h585.71+0.119%$348K$819K10xas long as short
Nado XMR-PERPshort+0.0582%1h585.81+0.136%$1.3M$463K10x
SoDEX XMR-USD+0.0590%1h586.48+0.250%$446K$4K5xas long as short
Aster XMRUSDT+0.0591%8h586.04+0.175%$655K$2.4M75xas long as short
Paradex XMR-USD-PERP+0.0603%8h585.75+0.125%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.0724% / S −0.0954%1h585.02long leg$279K100x
Orderly PERP_XMR_USDC+0.0802%8h585.98+0.165%$48K$736K10xas long as short
Extended XMR-USD+0.0904%1h586.24+0.210%$3.2M$6.4M25xas long as short
Aftermath Perps XMRUSD+0.1772%1h585.25+0.040%$1K$48K10xas long as short
dYdX XMR-USD+0.1826%1h584.75−0.045%$106K$48K5xas long as short
HTX XMR-USDT+0.2419%8h584.96−0.010%$1.1M$1.4M20xas long as short