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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0148%/8h= −16.2% APRnext payment $0.18 per $10,000 · paid last 24h +0.086%
Price spread now: SoDEX against GMX+0.197%7-day average +0.180% · 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)+0.119%+$12 on $10k
Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.197%, 7d avg +0.180%
Together, before fees+0.139%+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.180%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.119%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]573.59L +0.0990% / S −0.1253%pay 0.0124% / 1h36m 50s$590K100x
ShortSoDEX XMR-USD574.720.0842get 0.0105% / 1h36m 50s$437K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$31.02
Price spread: +0.197% → +0.180%
$1.68
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$49.34
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: GMX: no order-book sample; SoDEX: live order book, 22 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 SoDEX live order book, 22 min ago0.09 bp13.1 bp −$1342.8 bp −$428doesn'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
Injective XMR/USDC PERP−0.0136%1h582.55+1.562%$3K$3K12xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0010%1h573.57−0.004%$45K150xas long as short
Lighter XMR+0.0096%1h574.08+0.084%$3.3M$7.4M10xas long as short
edgeX XMRUSDC+0.0100%4h576.35+0.481%$1.0M$654K10xas long as short
SunX XMR-USDT+0.0100%8h574.33+0.129%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h574.00+0.071%$1.1M$1.6M20xas long as short
Kraken Futures PF_XMRUSD+0.0149%1h573.46−0.024%$5.4M$19.5M50xas long as short
Polymarket Perps XMR-USD+0.0153%1h574.06+0.081%$19K$2.2M5xas long as short
Aevo XMR-PERP+0.0200%1h575.00+0.246%$12K3xas long as short
Gate XMR_USDT+0.0379%8h574.03+0.076%$1.5M$4.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XMRUSDT+0.0411%8h574.61+0.177%$46.6M$64.0M75xas long as short
Backpack XMR_USDC_PERP+0.0418%1h574.28+0.120%$168K$534K20xas long as short
Binance XMRUSDT+0.0478%8h574.84+0.217%$52.4M$164.7M75xas long as short
MEXC XMR_USDT+0.0479%8h575.02+0.249%$20.2M$15.0M100xas long as short
BingX XMR-USDT+0.0523%8h575.15+0.272%$5.7Mas long as short
Bitget XMRUSDT+0.0544%8h575.00+0.245%$9.4M$14.0M50xas long as short
KuCoin XMRUSDTM+0.0564%8h573.95+0.062%$45.0M$26.5M50xas long as short
dYdX XMR-USD+0.0590%1h574.21+0.108%$104K$44K5xas long as short
Pacifica XMR+0.0626%1h574.86+0.220%$265K$1.1M10xas long as short
Extended XMR-USD+0.0656%1h574.88+0.225%$3.1M$8.4M25xas long as short
Aster XMRUSDT+0.0678%8h574.38+0.137%$640K$2.4M75xas long as short
Hyperliquid XMR+0.0697%1h574.75+0.202%$86.4M$71.0M5xas long as short
Nado XMR-PERP+0.0700%1h574.69+0.192%$1.3M$465K10xas long as short
Paradex XMR-USD-PERP+0.0763%8h575.06+0.256%$8K$4K20xas long as short
BloFin XMR-USDT+0.0774%8h574.94+0.235%$2.7M$11.2M75xas long as short
SoDEX XMR-USDshort+0.0842%1h574.72+0.197%$437K$3K5x
GRVT XMR_USDT_Perp+0.0848%8h577.61+0.701%$346K$742K10xas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.0990% / S −0.1253%1h573.59long leg$590K100x
Variational Omni XMR+0.1031%8h576.29+0.470%$6.6M$2.2Mas long as short
Orderly PERP_XMR_USDC+0.1114%8h574.78+0.207%$40K$720K10xas long as short
Aftermath Perps XMRUSD+0.2189%1h575.78+0.381%$1K$44K10xas long as short