Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0156%/8h= −17.1% APRpaid last 24h −0.022%

Price spread now: Bitget against Pacifica−0.064%7-day average +0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$570.573% of the position

Long on Pacifica Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.147%−$15 on $10k

Price spread, last 7 days+0.147%+$15 · spread now −0.064%, 7d avg +0.015%

Together, before fees0.000%+ Points / potential airdropPacifica: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.079% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.015%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XMR	567.98	0.0682	pay 0.0085% / 1h	1m 43s	$263K	$1.0M	10x
Short	Bitget XMRUSDT	567.62	0.0526	get 0.0526% / 8h	3h 01m	$9.4M	$13.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Pacifica. 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 PacificabpFee BitgetbpOrdersPrice spread, now −0.064%Rate

Funding earned: −$32.71
Price spread: −0.064% → +0.015%: −$7.89
Slippage, 4 orders: −$37.32
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$97.91
Costs to cover: 0.573%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Bitget: live order book, 2 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 Pacifica live order book, 2 min ago	1.14 bp	15.1 bp −$15	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	3.34 bp	16.3 bp −$16	22.6 bp −$226	71.4 bp −$7,142	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 −0.0003%	1h	566.68	−0.230%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.565%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	571.86	+0.682%	$1.0M	$644K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	567.14	−0.148%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	568.00	+0.003%	$1.0M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0224%	1h	567.95	−0.006%	$11K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0228%	1h	566.49	−0.262%	$5.3M	$19.1M	50x	as long as short
KuCoin XMRUSDTM	+0.0266%	8h	566.98	−0.177%	$44.6M	$26.4M	50x	as long as short
Bitget XMRUSDTshort	+0.0526%	8h	567.62	−0.064%	$9.4M	$13.4M	50x
Gate XMR_USDT	+0.0554%	8h	567.53	−0.080%	$1.5M	$4.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0566%	8h	568.15	+0.029%	$19.6M	$14.8M	100x	as long as short
Binance XMRUSDT	+0.0567%	8h	568.00	+0.004%	$51.9M	$163.4M	75x	as long as short
Paradex XMR-USD-PERP	+0.0573%	8h	567.71	−0.048%	$8K	$4K	20x	as long as short
Lighter XMR	+0.0592%	1h	567.63	−0.062%	$3.1M	$7.7M	10x	as long as short
BingX XMR-USDT	+0.0613%	8h	568.60	+0.109%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0656%	8h	568.69	+0.124%	$46.1M	$64.7M	75x	as long as short
Extended XMR-USD	+0.0656%	1h	567.55	−0.076%	$3.0M	$8.4M	25x	as long as short
Backpack XMR_USDC_PERP	+0.0669%	1h	567.21	−0.136%	$167K	$533K	20x	as long as short
Pacifica XMRlong	+0.0682%	1h	567.98	long leg	$263K	$1.0M	10x
Aster XMRUSDT	+0.0717%	8h	567.52	−0.081%	$633K	$2.3M	75x	as long as short
Polymarket Perps XMR-USD	+0.0725%	1h	567.66	−0.057%	$28K	$2.2M	5x	as long as short
dYdX XMR-USD	+0.0808%	1h	566.85	−0.199%	$103K	$44K	5x	as long as short
BloFin XMR-USDT	+0.0939%	8h	569.16	+0.207%	$2.7M	$11.1M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0972%	8h	571.86	+0.682%	$338K	$720K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0999% / S −0.1286%	1h	566.31	−0.295%	$586K	—	100x	as long as short
Variational Omni XMR	+0.1141%	8h	571.91	+0.692%	$6.3M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1150%	8h	567.66	−0.057%	$40K	$731K	10x	as long as short
Nado XMR-PERP	+0.1152%	1h	567.99	+0.002%	$1.3M	$458K	10x	as long as short
Hyperliquid XMR	+0.1175%	1h	567.60	−0.067%	$85.6M	$71.4M	5x	as long as short
SoDEX XMR-USD	+0.1377%	1h	567.71	−0.048%	$431K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1917%	1h	570.33	+0.413%	$1K	$43K	10x	as long as short