Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0450%/8h= −49.2% APRpaid last 24h −0.199%

Price spread now: edgeX against Pacifica+0.232%52s7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$100as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$550.554% of the position

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.450%−$45 on $10k

Price spread, last 7 days−0.217%−$22 · spread now +0.232%, 7d avg +0.003%

Together, before fees−0.667%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board−$67 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.228% dearer against Pacifica than usual: you sell high and buy low (spread +0.232% now, against its 7-day average of +0.003%): +$23 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.450% in total) that is about 3.6 days. The two prices were read 52 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	Pacifica XMR	572.05	0.0550	pay 0.0069% / 1h	32m 31s	$268K	$751K	10x
Short	edgeX XMRUSDC	573.38	0.0100	get 0.0050% / 4h	3h 32m	$1.0M	$538K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.232%Rate

Funding earned: −$94.4
Price spread: +0.232% → +0.003%: $22.84
Slippage, 4 orders: −$38.42
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$126.98
Costs to cover: 0.554%
Break-even: never at this rate

Slippage from Pacifica: live order book, 16 min ago; edgeX: live order book, 6 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, 16 min ago	4.52 bp	13.2 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 6 min ago	10.11 bp	14.6 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 −0.0005%	1h	571.35	−0.123%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.835%	$3K	$3K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	570.90	−0.202%	$46.2M	$48.7M	75x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	573.38	+0.232%	$1.0M	$538K	10x
Polymarket Perps XMR-USD	+0.0100%	1h	571.49	−0.099%	$30K	$1.6M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	571.51	−0.095%	$2K	$1.2M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.81	+0.132%	$1.1M	$1.1M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	573.07	+0.177%	$12K	—	3x	as long as short
Gate XMR_USDT	+0.0205%	8h	572.13	+0.013%	$1.6M	$2.6M	50x	as long as short
Lighter XMR	+0.0328%	1h	571.95	−0.019%	$3.0M	$5.5M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XMRUSDTM	+0.0360%	8h	571.95	−0.018%	$45.2M	$17.4M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0372%	1h	571.31	−0.131%	$5.4M	$8.7M	50x	as long as short
Extended XMR-USD	+0.0408%	1h	571.49	−0.098%	$3.0M	$7.4M	25x	as long as short
Binance XMRUSDT	+0.0475%	8h	571.53	−0.091%	$52.2M	$102.6M	75x	as long as short
MEXC XMR_USDT	+0.0479%	8h	571.95	−0.018%	$19.9M	$9.7M	100x	as long as short
Hyperliquid XMR	+0.0507%	1h	572.10	+0.008%	$86.8M	$58.1M	5x	as long as short
BingX XMR-USDT	+0.0516%	8h	571.83	−0.039%	—	$5.2M	—	as long as short
Pacifica XMRlong	+0.0550%	1h	572.05	long leg	$268K	$751K	10x
Bitget XMRUSDT	+0.0551%	8h	571.72	−0.058%	$9.4M	$10.0M	50x	as long as short
Aster XMRUSDT	+0.0596%	8h	571.55	−0.089%	$650K	$1.6M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0607%	8h	573.33	+0.223%	$334K	$631K	10x	as long as short
Paradex XMR-USD-PERP	+0.0624%	8h	572.38	+0.056%	$8K	$2K	20x	as long as short
BloFin XMR-USDT	+0.0776%	8h	572.26	+0.036%	$2.7M	$9.8M	75x	as long as short
Variational Omni XMR	+0.0792%	8h	572.71	+0.114%	$6.2M	$2.3M	—	as long as short
SoDEX XMR-USD	+0.0868%	1h	572.22	+0.029%	$435K	$4K	5x	as long as short
Nado XMR-PERP	+0.0986%	1h	571.15	−0.158%	$1.2M	$311K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1032% / S −0.1284%	1h	571.29	−0.133%	$595K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1091%	8h	572.15	+0.017%	$40K	$417K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1355%	1h	571.94	−0.020%	$136K	$420K	20x	as long as short
dYdX XMR-USD	+0.1589%	1h	571.39	−0.116%	$103K	$28K	5x	as long as short
Aftermath Perps XMRUSD	+0.2006%	1h	572.27	+0.038%	$1K	$38K	10x	as long as short