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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0303%/8h= −33.1% APRnext payment $0.38 per $10,000 · paid last 24h −0.146%
Price spread now: Injective against Lighter+1.819%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 1.819% dearer against Lighter than usual: you sell high and buy low (spread +1.819% now, against zero (this spread has no 7-day history yet)): +$182 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 20 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XMR572.140.0336pay 0.0042% / 1h11m 01s$3.1M$5.9M10x
ShortInjective XMR/USDC PERP582.550.0033get 0.0004% / 1h11m 01s$3K$3K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective against Lighter. 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
−$63.56
Price spread: +1.819% → 0.000%
$181.86
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$118.28
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 12 min ago; Injective: no order-book sample. 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 Lighter live order book, 12 min ago0.27 bp0.3 bp $017.3 bp −$173310.4 bp −$31.0Kdoesn't fit
Sell Injective no order-book sample
Injective: 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 −0.0005%1h571.09−0.185%$33K150xas long as short
Injective XMR/USDC PERPshort+0.0033%1h582.55+1.819%$3K$3K12x
edgeX XMRUSDC+0.0100%4h572.48+0.059%$1.0M$550K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h571.99−0.027%$30K$1.7M5xas long as short
SunX XMR-USDT+0.0100%8h571.81−0.059%$2K$1.3M20xas long as short
HTX XMR-USDT+0.0100%8h571.72−0.074%$1.1M$1.1M20xas long as short
Extended XMR-USD+0.0104%1h572.10−0.008%$3.0M$7.8M25xas long as short
Aevo XMR-PERP+0.0208%1h572.07−0.013%$12K3xas long as short
KuCoin XMRUSDTM+0.0289%8h571.75−0.069%$45.2M$18.6M50xas long as short
Lighter XMRlong+0.0336%1h572.14long leg$3.1M$5.9M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XMRUSDT+0.0432%8h571.97−0.031%$46.4M$51.3M75xas long as short
Gate XMR_USDT+0.0461%8h571.29−0.149%$1.6M$2.9M50xas long as short
Backpack XMR_USDC_PERP+0.0491%1h572.03−0.020%$155K$427K20xas long as short
BingX XMR-USDT+0.0492%8h572.30+0.027%$5.3Mas long as short
MEXC XMR_USDT+0.0507%8h572.28+0.024%$20.2M$11.2M100xas long as short
Binance XMRUSDT+0.0507%8h572.19+0.008%$52.2M$110.9M75xas long as short
Bitget XMRUSDT+0.0514%8h572.38+0.041%$9.4M$10.5M50xas long as short
Hyperliquid XMR+0.0516%1h572.22+0.013%$86.8M$60.9M5xas long as short
Kraken Futures PF_XMRUSD+0.0619%1h571.39−0.133%$5.4M$9.6M50xas long as short
Aster XMRUSDT+0.0642%8h571.82−0.056%$639K$1.7M75xas long as short
Paradex XMR-USD-PERP+0.0659%8h571.78−0.064%$8K$2K20xas long as short
Pacifica XMR+0.0735%1h571.77−0.066%$267K$788K10xas long as short
SoDEX XMR-USD+0.0778%1h572.25+0.018%$435K$3K5xas long as short
dYdX XMR-USD+0.0795%1h571.10−0.183%$103K$29K5xas long as short
BloFin XMR-USDT+0.0818%8h572.23+0.015%$2.7M$10.1M75xas long as short
GRVT XMR_USDT_Perp+0.0838%8h572.03−0.020%$331K$639K10xas long as short
Variational Omni XMR+0.0855%8h572.61+0.081%$6.2M$2.3Mas long as short
Nado XMR-PERP+0.0964%1h571.73−0.072%$1.2M$329K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1122% / S −0.1459%1h571.33−0.142%$595K100xas long as short
Orderly PERP_XMR_USDC+0.1150%8h571.99−0.027%$40K$448K10xas long as short
Aftermath Perps XMRUSD+0.2009%1h572.07−0.013%$1K$39K10xas long as short