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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.1470%/8h= −160.9% APRnext payment $1.84 per $10,000 · paid last 24h −0.284%
Price spread now: Injective against Nado+1.099%49s7-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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 1.099% dearer against Nado than usual: you sell high and buy low (spread +1.099% now, against zero (this spread has no 7-day history yet)): +$110 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XMR-PERP590.270.1503pay 0.0188% / 1h19m 37s$1.3M$467K10x
ShortInjective XMR/USDC PERP596.760.0033get 0.0004% / 1h19m 37s$3K$4K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$308.6
Price spread: +1.099% → 0.000%
$109.91
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$205.72
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Nado: live order book, 4 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 Nado live order book, 4 min ago9.68 bp17.5 bp −$1737.7 bp −$37715590.1 bp −$1.56Mdoesn'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 30 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 −0.0010%1h589.00−0.215%$35K150xas long as short
Injective XMR/USDC PERPshort+0.0033%1h596.76+1.099%$3K$4K12x
edgeX XMRUSDC+0.0100%4h590.42+0.024%$1.1M$669K10xas long as short
SunX XMR-USDT+0.0100%8h589.35−0.156%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h588.00−0.385%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0216%1h590.18−0.016%$12K3xas long as short
dYdX XMR-USD+0.0423%1h588.32−0.331%$107K$50K5xas long as short
MEXC XMR_USDT+0.0525%8h589.89−0.065%$21.0M$15.3M100xas long as short
Binance XMRUSDT+0.0526%8h589.86−0.070%$53.9M$168.3M75xas long as short
Bitget XMRUSDT+0.0616%8h589.78−0.083%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0706%8h590.03−0.041%$658K$2.5M75xas long as short
Gate XMR_USDT+0.0761%8h589.09−0.200%$1.6M$4.6M50xas long as short
KuCoin XMRUSDTM+0.0786%8h589.37−0.153%$48.3M$26.2M50xas long as short
Pacifica XMR+0.0821%1h589.83−0.075%$271K$1.1M10xas long as short
Bybit XMRUSDT+0.0836%8h590.00−0.046%$47.6M$65.0M75xas long as short
BingX XMR-USDT+0.0853%8h590.15−0.021%$5.8Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0942% / S −0.1170%1h588.96−0.222%$657K100xas long as short
Backpack XMR_USDC_PERP+0.1018%1h589.24−0.175%$184K$534K20xas long as short
Variational Omni XMR+0.1027%8h590.80+0.089%$6.7M$2.9Mas long as short
Polymarket Perps XMR-USD+0.1055%1h590.04−0.039%$33K$2.1M5xas long as short
Lighter XMR+0.1064%1h590.00−0.046%$3.3M$7.2M10xas long as short
Orderly PERP_XMR_USDC+0.1065%8h589.82−0.077%$42K$736K10xas long as short
GRVT XMR_USDT_Perp+0.1103%8h588.79−0.252%$345K$786K10xas long as short
Paradex XMR-USD-PERP+0.1280%8h589.59−0.115%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1298%1h588.87−0.238%$5.6M$20.5M50xas long as short
Nado XMR-PERPlong+0.1503%1h590.27long leg$1.3M$467K10x
Hyperliquid XMR+0.1772%1h589.97−0.052%$89.2M$73.7M5xas long as short
SoDEX XMR-USD+0.1803%1h590.05−0.038%$448K$3K5xas long as short
Extended XMR-USD+0.2104%1h589.92−0.060%$3.2M$8.3M25xas long as short
Aftermath Perps XMRUSD+0.2769%1h588.90−0.232%$1K$46K10xas long as short