Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0886%/8h= +97.0% APRpaid last 24h −0.516%

Price spread now: Polymarket Perps against HTX+0.022%7-day average +0.302% · you sell dearer than you buy

Net, funding: paid 7d − costs−$289as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1041.039% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−1.851%−$185 on $10k

Price spread, last 3 days (all we have)+0.549%+$55 · spread now +0.022%, 7d avg +0.302%

Together, before fees−1.303%−$130 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.280% cheaper against HTX than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.302%). If the spread goes back, that is −$28 on $10k: about 25 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −1.851%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	581.89	0.0100	pay 0.0100% / 8h	6h 42m	$1.1M	$1.6M	20x
Short	Polymarket Perps XMR-USD	582.02	0.0986	get 0.0123% / 1h	42m 13s	$66K	$2.0M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.022%Rate

Funding earned: $186.08
Price spread: +0.022% → +0.302%: −$27.99
Slippage, 4 orders: −$83.91
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $54.19
Costs to cover: 1.039%
Break-even: 5.0 days

Slippage from HTX: live order book, 2 min ago; Polymarket Perps: live order book, 2 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, 2 min ago	7.47 bp	37.2 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 2 min ago	2.23 bp	7.0 bp −$7	9.0 bp −$90	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	580.88	−0.174%	$33K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+2.555%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	588.96	+1.215%	$1.0M	$666K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	581.52	−0.064%	$2K	$2.0M	20x	as long as short
HTX XMR-USDTlong	+0.0100%	8h	581.89	long leg	$1.1M	$1.6M	20x
Aevo XMR-PERP	+0.0200%	1h	582.52	+0.108%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0467%	8h	582.26	+0.064%	$21.0M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0468%	8h	582.32	+0.075%	$53.2M	$168.1M	75x	as long as short
Gate XMR_USDT	+0.0489%	8h	581.86	−0.005%	$1.6M	$4.6M	50x	as long as short
dYdX XMR-USD	+0.0547%	1h	581.28	−0.104%	$105K	$50K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0576%	8h	582.25	+0.062%	$9.5M	$14.4M	50x	as long as short
Aster XMRUSDT	+0.0644%	8h	581.82	−0.012%	$645K	$2.5M	75x	as long as short
BloFin XMR-USDT	+0.0679%	8h	591.31	+1.619%	$2.7M	$11.6M	75x	as long as short
KuCoin XMRUSDTM	+0.0728%	8h	582.20	+0.053%	$47.7M	$26.2M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0762%	1h	581.79	−0.017%	$182K	$535K	20x	as long as short
Pacifica XMR	+0.0821%	1h	582.42	+0.091%	$268K	$1.1M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0914% / S −0.1124%	1h	580.77	−0.192%	$658K	—	100x	as long as short
GRVT XMR_USDT_Perp	+0.0949%	8h	585.49	+0.618%	$347K	$789K	10x	as long as short
BingX XMR-USDT	+0.0959%	8h	582.77	+0.151%	—	$5.8M	—	as long as short
Variational Omni XMR	+0.0967%	8h	588.98	+1.218%	$6.7M	$2.7M	—	as long as short
Polymarket Perps XMR-USDshort	+0.0986%	1h	582.02	+0.022%	$66K	$2.0M	5x
Bybit XMRUSDT	+0.0991%	8h	582.44	+0.095%	$46.9M	$65.1M	75x	as long as short
Lighter XMR	+0.0992%	1h	582.19	+0.052%	$3.3M	$7.2M	10x	as long as short
Orderly PERP_XMR_USDC	+0.1048%	8h	582.13	+0.041%	$42K	$735K	10x	as long as short
Paradex XMR-USD-PERP	+0.1230%	8h	582.54	+0.111%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1315%	1h	581.12	−0.132%	$5.5M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1412%	1h	582.27	+0.066%	$1.3M	$464K	10x	as long as short
SoDEX XMR-USD	+0.1435%	1h	582.30	+0.070%	$443K	$3K	5x	as long as short
Hyperliquid XMR	+0.1648%	1h	582.24	+0.060%	$88.0M	$73.4M	5x	as long as short
Extended XMR-USD	+0.2088%	1h	582.07	+0.030%	$3.2M	$8.2M	25x	as long as short
Aftermath Perps XMRUSD	+0.2745%	1h	585.25	+0.577%	$1K	$46K	10x	as long as short