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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0159%/8h= −17.4% APRnext payment $0.20 per $10,000 · paid last 24h −0.015%
Price spread now: Pacifica against GMX+0.204%7-day average +0.183% · 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)−0.216%−$22 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.204%, 7d avg +0.183%
Together, before fees−0.334%+ Points / potential airdropPacifica: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.021% dearer against GMX than usual: you sell high and buy low (spread +0.204% now, against its 7-day average of +0.183%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]572.06L +0.1070% / S −0.1423%pay 0.0134% / 1h29m 13s$592K100x
ShortPacifica XMR573.230.0912get 0.0114% / 1h29m 13s$265K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$33.31
Price spread: +0.204% → +0.183%
$2.12
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$51.19
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; Pacifica: 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 Pacifica live order book, 5 min ago0.09 bp11.2 bp −$11doesn't fitdoesn'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
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0003%1h571.96−0.018%$37K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.833%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h572.10+0.007%$1.0M$644K10xas long as short
SunX XMR-USDT+0.0100%8h572.69+0.110%$2K$1.8M20xas long as short
HTX XMR-USDT+0.0100%8h572.95+0.155%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0232%1h573.58+0.265%$12K3xas long as short
KuCoin XMRUSDTM+0.0323%8h572.98+0.161%$45.0M$26.2M50xas long as short
dYdX XMR-USD+0.0433%1h571.88−0.032%$104K$44K5xas long as short
Bitget XMRUSDT+0.0575%8h573.72+0.290%$9.4M$13.3M50xas long as short
MEXC XMR_USDT+0.0616%8h573.20+0.199%$19.8M$14.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0617%8h573.18+0.196%$52.5M$161.0M75xas long as short
Gate XMR_USDT+0.0639%8h572.51+0.078%$1.5M$4.3M50xas long as short
BingX XMR-USDT+0.0681%8h573.68+0.283%$5.7Mas long as short
Polymarket Perps XMR-USD+0.0692%1h573.11+0.183%$27K$2.2M5xas long as short
Bybit XMRUSDT+0.0711%8h573.50+0.251%$46.4M$64.2M75xas long as short
Extended XMR-USD+0.0720%1h573.10+0.181%$3.0M$8.2M25xas long as short
Kraken Futures PF_XMRUSD+0.0748%1h572.07+0.002%$5.4M$19.1M50xas long as short
Aster XMRUSDT+0.0767%8h573.20+0.199%$642K$2.2M75xas long as short
Lighter XMR+0.0896%1h573.12+0.184%$3.1M$7.5M10xas long as short
Pacifica XMRshort+0.0912%1h573.23+0.204%$265K$1.0M10x
Paradex XMR-USD-PERP+0.0919%8h573.20+0.199%$8K$4K20xas long as short
GRVT XMR_USDT_Perp+0.1006%8h573.02+0.167%$345K$727K10xas long as short
BloFin XMR-USDT+0.1012%8h573.19+0.197%$2.7M$11.2M75xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.1070% / S −0.1423%1h572.06long leg$592K100x
Hyperliquid XMR+0.1135%1h573.17+0.194%$86.4M$71.0M5xas long as short
Orderly PERP_XMR_USDC+0.1187%8h573.12+0.185%$40K$700K10xas long as short
Variational Omni XMR+0.1189%8h572.35+0.051%$6.3M$2.3Mas long as short
SoDEX XMR-USD+0.1299%1h573.12+0.185%$436K$3K5xas long as short
Nado XMR-PERP+0.1305%1h573.06+0.174%$1.3M$455K10xas long as short
Backpack XMR_USDC_PERP+0.1380%1h573.05+0.173%$168K$532K20xas long as short
Aftermath Perps XMRUSD+0.2083%1h572.27+0.036%$1K$43K10xas long as short