Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0559%/8h= −61.2% APRpaid last 24h −0.132%

Price spread now: SunX against Pacifica−0.132%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$119as in the Funding arb table

Net, price: spread back to 7d avg − costs−$84as in the Price arb table

costs, in and out, $10k−$780.785% of the position

Long on Pacifica Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.404%−$40 on $10k

Price spread, last 3 days (all we have)+0.057%+$6 · spread now −0.132%, 7d avg −0.077%

Together, before fees−0.347%+ Points / potential airdropPacifica: Active · farm board−$35 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and SunX is 0.055% cheaper against Pacifica than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.077%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XMR	592.98	0.0659	pay 0.0082% / 1h	27m 49s	$278K	$1.1M	10x
Short	SunX XMR-USDT	592.20	0.0100	get 0.0100% / 8h	7h 27m	$2K	$2.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.132%Rate

Funding earned: −$117.36
Price spread: −0.132% → −0.077%: −$5.48
Slippage, 4 orders: −$62.47
Fee Pacifica: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$201.31
Costs to cover: 0.785%
Break-even: never at this rate

Slippage from Pacifica: live order book, 1 min ago; SunX: live order book, 8 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, 1 min ago	0.08 bp	10.2 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 8 min ago	13.42 bp	24.3 bp −$24	doesn't fit	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 −0.0009%	1h	591.90	−0.182%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.637%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0067%	1h	590.58	−0.405%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.20	−0.132%	$1.1M	$662K	10x	as long as short
SunX XMR-USDTshort	+0.0100%	8h	592.20	−0.132%	$2K	$2.0M	20x
HTX XMR-USDT	+0.0100%	8h	589.20	−0.637%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0192%	1h	592.79	−0.032%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0426%	8h	592.93	−0.008%	$21.5M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0430%	8h	592.89	−0.015%	$54.1M	$166.9M	75x	as long as short
Bitget XMRUSDT	+0.0538%	8h	592.77	−0.035%	$9.7M	$14.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0608%	8h	592.34	−0.108%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0639%	8h	592.39	−0.099%	$656K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0643%	1h	591.78	−0.202%	$5.6M	$20.5M	50x	as long as short
Pacifica XMRlong	+0.0659%	1h	592.98	long leg	$278K	$1.1M	10x
KuCoin XMRUSDTM	+0.0688%	8h	592.57	−0.069%	$48.6M	$26.0M	50x	as long as short
Variational Omni XMR	+0.0831%	8h	591.92	−0.178%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0872% / S −0.2456%	1h	591.56	−0.239%	$551K	—	100x	as long as short
Gate XMR_USDT	+0.1015%	8h	592.12	−0.145%	$1.6M	$4.6M	50x	as long as short
Backpack XMR_USDC_PERP	+0.1034%	1h	592.12	−0.145%	$201K	$527K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1038%	8h	592.77	−0.035%	$43K	$738K	10x	as long as short
GRVT XMR_USDT_Perp	+0.1138%	8h	590.06	−0.493%	$349K	$804K	10x	as long as short
Paradex XMR-USD-PERP	+0.1221%	8h	592.53	−0.075%	$8K	$4K	20x	as long as short
Polymarket Perps XMR-USD	+0.1248%	1h	592.89	−0.015%	$47K	$1.9M	5x	as long as short
Lighter XMR	+0.1280%	1h	592.93	−0.008%	$3.3M	$7.1M	10x	as long as short
BingX XMR-USDT	+0.1306%	8h	592.91	−0.012%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1345%	8h	593.34	+0.061%	$47.8M	$64.5M	75x	as long as short
SoDEX XMR-USD	+0.1383%	1h	593.03	+0.008%	$451K	$3K	5x	as long as short
Nado XMR-PERP	+0.1441%	1h	592.91	−0.011%	$1.3M	$467K	10x	as long as short
Hyperliquid XMR	+0.2061%	1h	593.19	+0.035%	$90.0M	$72.7M	5x	as long as short
Extended XMR-USD	+0.2528%	1h	592.80	−0.030%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2581%	1h	591.99	−0.166%	$1K	$46K	10x	as long as short