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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0685%/8h= −75.0% APRnext payment $0.86 per $10,000 · paid last 24h −0.027%
Price spread now: Extended against Nado−0.087%7-day average −0.060% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.377% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.169%−$17 on $10k
Price spread, last 7 days−0.058%−$6 · spread now −0.087%, 7d avg −0.060%
Together, before fees−0.227%+ Points / potential airdropNado: Active · Extended: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Extended is 0.026% cheaper against Nado than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.060%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.169% in total (about -17.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.86 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XMR-PERP575.430.0957pay 0.0120% / 1h20m 14s$1.3M$439K10x
ShortExtended XMR-USD574.940.0272get 0.0034% / 1h20m 14s$3.0M$8.2M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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

Funding earned
−$143.75
Price spread: −0.087% → −0.060%
−$2.61
Slippage, 4 orders
−$25.68
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$184.05
Costs to cover
0.377%
Break-even
never at this rate
Slippage from Nado: live order book, 3 min ago; Extended: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 3 min ago9.56 bp13.2 bp −$1332.1 bp −$32115950.1 bp −$1.60Mdoesn't fit
Sell Extended live order book, 4 min ago2.35 bp6.1 bp −$612.5 bp −$125doesn't fitdoesn't fit

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 −0.0004%1h574.21−0.212%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.236%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h575.40−0.006%$1.0M$583K10xas long as short
SunX XMR-USDT+0.0100%8h574.59−0.147%$2K$1.5M20xas long as short
HTX XMR-USDT+0.0100%8h574.78−0.114%$1.1M$1.4M20xas long as short
Aevo XMR-PERP+0.0240%1h575.30−0.023%$12K3xas long as short
Lighter XMR+0.0248%1h575.22−0.038%$3.1M$6.2M10xas long as short
Extended XMR-USDshort+0.0272%1h574.94−0.087%$3.0M$8.2M25x
KuCoin XMRUSDTM+0.0322%8h574.98−0.079%$45.4M$22.2M50xas long as short
Polymarket Perps XMR-USD+0.0506%1h575.15−0.050%$24K$1.9M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XMR-USD+0.0536%1h574.01−0.248%$104K$43K5xas long as short
Bitget XMRUSDT+0.0592%8h575.47+0.006%$9.6M$11.4M50xas long as short
BingX XMR-USDT+0.0600%8h575.12−0.055%$5.4Mas long as short
Bybit XMRUSDT+0.0618%8h575.37−0.011%$46.7M$57.1M75xas long as short
Binance XMRUSDT+0.0623%8h575.42−0.003%$52.4M$128.0M75xas long as short
MEXC XMR_USDT+0.0625%8h575.42−0.003%$20.1M$14.5M100xas long as short
Kraken Futures PF_XMRUSD+0.0632%1h574.38−0.183%$5.4M$14.2M50xas long as short
Gate XMR_USDT+0.0681%8h574.54−0.156%$1.6M$3.3M50xas long as short
Paradex XMR-USD-PERP+0.0774%8h575.35−0.015%$8K$3K20xas long as short
Aster XMRUSDT+0.0787%8h574.84−0.103%$637K$2.0M75xas long as short
Hyperliquid XMR+0.0806%1h575.32−0.020%$87.2M$63.8M5xas long as short
SoDEX XMR-USD+0.0939%1h575.35−0.015%$437K$3K5xas long as short
Nado XMR-PERPlong+0.0957%1h575.43long leg$1.3M$439K10x
GRVT XMR_USDT_Perp+0.0984%8h575.35−0.015%$334K$665K10xas long as short
Backpack XMR_USDC_PERP+0.0984%1h574.75−0.119%$175K$490K20xas long as short
Pacifica XMR+0.1002%1h575.21−0.040%$265K$906K10xas long as short
BloFin XMR-USDT+0.1005%8h575.41−0.004%$2.7M$10.7M75xas long as short
Variational Omni XMR+0.1077%8h574.67−0.132%$6.2M$2.4Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1159% / S −0.1547%1h574.38−0.184%$595K100xas long as short
Orderly PERP_XMR_USDC+0.1185%8h575.01−0.074%$40K$573K10xas long as short
Aftermath Perps XMRUSD+0.1889%1h575.08−0.063%$1K$41K10xas long as short