Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.1647%/8h= −180.3% APRpaid last 24h −0.711%

Price spread now: Pacifica against HTX+0.256%7-day average +0.301% · you sell dearer than you buy

Net, funding: paid 7d − costs−$317as in the Funding arb table

Net, price: spread back to 7d avg − costs−$119as in the Price arb table

costs, in and out, $10k−$1151.145% of the position

Long on HTX Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−2.024%−$202 on $10k

Price spread, last 3 days (all we have)+0.393%+$39 · spread now +0.256%, 7d avg +0.301%

Together, before fees−1.631%+ Points / potential airdropPacifica: Active · farm board−$163 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$49 a day on $10k at the current rate, and Pacifica is 0.044% cheaper against HTX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.301%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	596.96	0.2265	pay 0.2265% / 8h	2h 11m	$1.1M	$1.4M	20x
Short	Pacifica XMR	598.49	0.0619	get 0.0077% / 1h	11m 06s	$273K	$1.0M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee PacificabpOrdersPrice spread, now +0.256%Rate

Funding earned: −$345.8
Price spread: +0.256% → +0.301%: −$4.43
Slippage, 4 orders: −$94.5
Fee HTX: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$464.73
Costs to cover: 1.145%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Pacifica: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 3 min ago	19.05 bp	56.2 bp −$56	283.3 bp −$2,833	doesn't fit	doesn't fit
Sell Pacifica live order book, 3 min ago	3.09 bp	9.1 bp −$9	doesn't fit	doesn't fit	doesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	598.49	+0.256%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.849%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	598.39	+0.240%	$48.1M	$61.1M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	597.42	+0.078%	$1.1M	$674K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	597.92	+0.161%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	599.07	+0.353%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0264%	8h	596.53	−0.072%	$6.9M	$2.8M	—	as long as short
Polymarket Perps XMR-USD	+0.0284%	1h	599.13	+0.364%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0296%	1h	598.75	+0.299%	$3.5M	$6.7M	10x	as long as short
Binance XMRUSDT	+0.0345%	8h	598.80	+0.308%	$54.9M	$162.4M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0347%	8h	599.03	+0.347%	$22.8M	$15.3M	100x	as long as short
BingX XMR-USDT	+0.0362%	8h	598.90	+0.325%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0378%	8h	599.19	+0.374%	$10.0M	$14.2M	50x	as long as short
SoDEX XMR-USD	+0.0433%	1h	599.13	+0.364%	$455K	$3K	5x	as long as short
Gate XMR_USDT	+0.0437%	8h	598.41	+0.243%	$1.6M	$4.5M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0440%	1h	598.48	+0.255%	$204K	$575K	20x	as long as short
BloFin XMR-USDT	+0.0493%	8h	598.90	+0.325%	$2.8M	$11.5M	75x	as long as short
Aster XMRUSDT	+0.0537%	8h	598.81	+0.310%	$678K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0589%	8h	598.34	+0.231%	$49.4M	$25.5M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0603%	8h	598.24	+0.214%	$348K	$782K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0608%	1h	598.23	+0.213%	$5.7M	$20.4M	50x	as long as short
Pacifica XMRshort	+0.0619%	1h	598.49	+0.256%	$273K	$1.0M	10x
Paradex XMR-USD-PERP	+0.0785%	8h	598.48	+0.254%	$8K	$4K	20x	as long as short
dYdX XMR-USD	+0.0822%	1h	597.57	+0.103%	$109K	$50K	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0844% / S −0.1411%	1h	598.30	+0.224%	$356K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0901%	8h	599.03	+0.347%	$49K	$718K	10x	as long as short
Nado XMR-PERP	+0.1008%	1h	598.64	+0.281%	$1.3M	$479K	10x	as long as short
Extended XMR-USD	+0.1352%	1h	598.94	+0.331%	$3.2M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1596%	1h	599.86	+0.486%	$88.1M	$66.6M	5x	as long as short
HTX XMR-USDTlong	+0.2265%	8h	596.96	long leg	$1.1M	$1.4M	20x
Aftermath Perps XMRUSD	+0.2329%	1h	597.88	+0.155%	$2K	$47K	10x	as long as short