Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0898%/8h= −98.3% APRpaid last 24h −0.305%

Price spread now: edgeX against Nado+0.161%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$550.548% of the position

Long on Nado Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.923%−$92 on $10k

Price spread, last 7 days−0.225%−$22 · spread now +0.161%, 7d avg −0.024%

Together, before fees−1.148%+ Points / potential airdropNado: Active · edgeX: Active · farm board−$115 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.184% dearer against Nado than usual: you sell high and buy low (spread +0.161% now, against its 7-day average of −0.024%): +$18 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado XMR-PERP	584.03	0.0998	pay 0.0125% / 1h	27m 26s	$1.3M	$463K	10x
Short	edgeX XMRUSDC	584.97	0.0100	get 0.0050% / 4h	1h 27m	$1.0M	$655K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Nado. 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 NadobpFee edgeXbpOrdersPrice spread, now +0.161%Rate

Funding earned: −$188.48
Price spread: +0.161% → −0.024%: $18.43
Slippage, 4 orders: −$38.85
Fee Nado: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$224.9
Costs to cover: 0.548%
Break-even: never at this rate

Slippage from Nado: live order book, 1 min ago; edgeX: live order book, 1 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 Nado live order book, 1 min ago	8.89 bp	13.1 bp −$13	36.0 bp −$360	15684.7 bp −$1.57M	doesn't fit
Sell edgeX live order book, 1 min ago	10.19 bp	14.7 bp −$15	15.4 bp −$154	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 −0.0010%	1h	582.11	−0.329%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	−0.253%	$3K	$6K	12x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	584.97	+0.161%	$1.0M	$655K	10x
SunX XMR-USDT	+0.0100%	8h	583.98	−0.008%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	584.00	−0.005%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	584.76	+0.125%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0310%	1h	583.23	−0.137%	$106K	$50K	5x	as long as short
Polymarket Perps XMR-USD	+0.0438%	1h	583.62	−0.070%	$31K	$2.1M	5x	as long as short
MEXC XMR_USDT	+0.0521%	8h	583.93	−0.017%	$20.7M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0521%	8h	583.33	−0.119%	$53.1M	$166.0M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0528%	1h	583.72	−0.053%	$3.3M	$7.2M	10x	as long as short
Gate XMR_USDT	+0.0565%	8h	583.29	−0.126%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0599%	8h	583.25	−0.133%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0613%	8h	584.14	+0.019%	$9.6M	$14.1M	50x	as long as short
Bybit XMRUSDT	+0.0620%	8h	583.11	−0.157%	$47.3M	$64.2M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0670%	1h	583.84	−0.032%	$171K	$538K	20x	as long as short
Aster XMRUSDT	+0.0719%	8h	583.75	−0.048%	$649K	$2.4M	75x	as long as short
KuCoin XMRUSDTM	+0.0770%	8h	583.41	−0.106%	$47.9M	$26.0M	50x	as long as short
BloFin XMR-USDT	+0.0792%	8h	584.85	+0.141%	$2.7M	$11.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0956%	1h	583.24	−0.135%	$5.5M	$19.6M	50x	as long as short
Paradex XMR-USD-PERP	+0.0981%	8h	583.80	−0.039%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0993%	8h	584.89	+0.148%	$346K	$766K	10x	as long as short
Pacifica XMR	+0.0996%	1h	584.03	0.000%	$271K	$1.1M	10x	as long as short
Nado XMR-PERPlong	+0.0998%	1h	584.03	long leg	$1.3M	$463K	10x
GMX XMR/USD [WBTC.b-USDC]	L +0.1030% / S −0.1381%	1h	583.45	−0.099%	$650K	—	100x	as long as short
Variational Omni XMR	+0.1086%	8h	583.80	−0.040%	$6.6M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1106%	8h	584.50	+0.081%	$41K	$722K	10x	as long as short
Hyperliquid XMR	+0.1147%	1h	584.22	+0.033%	$87.9M	$71.8M	5x	as long as short
Extended XMR-USD	+0.1232%	1h	583.88	−0.026%	$3.1M	$8.0M	25x	as long as short
SoDEX XMR-USD	+0.1294%	1h	584.60	+0.098%	$444K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.2566%	1h	583.82	−0.036%	$2K	$45K	10x	as long as short