Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0109%/8hnext payment +$1.09 per $10,000 · paid last 24h +0.066%

Price spread now: Paradex against MEXC+0.031%46s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on MEXC Short on Paradex

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Paradex is 0.031% dearer against MEXC than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XMR_USDT	578.50	0.0298	pay 0.0298% / 8h	4h 22m	$22.4M	$15.0M	100x
Short	Paradex XMR-USD-PERP	578.68	0.0407	get 0.0407% / 8h	4h 22m	$8K	$3K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Paradex against MEXC. 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 MEXCbpFee ParadexbpOrdersPrice spread, now +0.031%Rate

Funding earned: $22.95
Price spread: +0.031% → 0.000%: $3.06
Slippage, 4 orders: no order book: not counted
Fee MEXC: 2 bp × 2 orders: −$4
Fee Paradex: 2 bp × 2 orders: −$4
Net: $18
Costs to cover: 0.080%
Break-even: 1.5 days

Slippage unknown: MEXC: live order book, 10 min ago; Paradex: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 10 min ago	0.09 bp	3.3 bp −$3	28.5 bp −$285	77.1 bp −$7,711	210.1 bp −$105.0K
Sell Paradex no order-book sample	—	—	—	—	—

Paradex: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Kraken Futures PF_XMRUSD	−0.0143%	1h	578.09	−0.070%	$5.5M	$20.5M	50x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	578.22	−0.049%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	554.47	−4.154%	$3K	$8K	12x	as long as short
Hyperliquid XMR	+0.0100%	1h	578.95	+0.078%	$81.5M	$60.6M	5x	as long as short
Bybit XMRUSDT	+0.0100%	8h	578.26	−0.041%	$45.6M	$59.5M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	579.05	+0.095%	$167K	$528K	20x	as long as short
edgeX XMRUSDC	+0.0100%	4h	577.11	−0.240%	$1.0M	$677K	10x	as long as short
Polymarket Perps XMR-USD	+0.0100%	1h	578.00	−0.086%	$24K	$1.7M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	578.44	−0.010%	$2K	$2.0M	20x	as long as short
Lighter XMR	+0.0120%	1h	578.88	+0.066%	$3.4M	$6.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo XMR-PERP	+0.0152%	1h	578.14	−0.062%	$12K	—	3x	as long as short
Gate XMR_USDT	+0.0193%	8h	578.27	−0.040%	$1.6M	$4.4M	50x	as long as short
SoDEX XMR-USD	+0.0271%	1h	579.03	+0.092%	$440K	$4K	5x	as long as short
MEXC XMR_USDTlong	+0.0298%	8h	578.50	long leg	$22.4M	$15.0M	100x
Binance XMRUSDT	+0.0300%	8h	578.49	−0.002%	$53.6M	$159.7M	75x	as long as short
Variational Omni XMR	+0.0319%	8h	576.55	−0.338%	$6.9M	$3.9M	—	as long as short
Extended XMR-USD	+0.0360%	1h	578.35	−0.026%	$3.0M	$6.3M	25x	as long as short
Paradex XMR-USD-PERPshort	+0.0407%	8h	578.68	+0.031%	$8K	$3K	20x
Pacifica XMR	+0.0408%	1h	578.15	−0.060%	$268K	$1.1M	10x	as long as short
BingX XMR-USDT	+0.0413%	8h	578.50	0.000%	—	$5.9M	—	as long as short
BloFin XMR-USDT	+0.0420%	8h	578.93	+0.074%	$2.8M	$10.8M	75x	as long as short
Nado XMR-PERP	+0.0427%	1h	578.24	−0.045%	$1.3M	$462K	10x	as long as short
Bitget XMRUSDT	+0.0431%	8h	577.95	−0.095%	$9.7M	$14.2M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0454%	8h	577.60	−0.156%	$338K	$816K	10x	as long as short
KuCoin XMRUSDTM	+0.0474%	8h	578.37	−0.022%	$47.9M	$25.5M	50x	as long as short
Aster XMRUSDT	+0.0552%	8h	578.51	+0.002%	$664K	$2.4M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0751% / S −0.1066%	1h	577.89	−0.106%	$261K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0788%	8h	578.80	+0.052%	$49K	$714K	10x	as long as short
Aftermath Perps XMRUSD	+0.1602%	1h	576.76	−0.301%	$1K	$47K	10x	as long as short
dYdX XMR-USD	+0.1627%	1h	576.97	−0.264%	$105K	$48K	5x	as long as short
HTX XMR-USDT	+0.2277%	8h	577.00	−0.259%	$1.1M	$1.4M	20x	as long as short