Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0878%/8h= −96.2% APRpaid last 24h −0.163%

Price spread now: SunX against Polymarket Perps+0.026%7-day average −0.081% · you sell dearer than you buy

Net, funding: paid 7d − costs−$218as in the Funding arb table

Net, price: spread back to 7d avg − costs−$136as in the Price arb table

costs, in and out, $10k−$1461.463% of the position

Long on Polymarket Perps Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.718%−$72 on $10k

Price spread, last 3 days (all we have)−0.167%−$17 · spread now +0.026%, 7d avg −0.081%

Together, before fees−0.885%−$88 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.107% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.081%): +$11 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.718% in total) that is about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XMR-USD	587.05	0.0978	pay 0.0122% / 1h	15m 25s	$31K	$2.1M	5x
Short	SunX XMR-USDT	587.20	0.0100	get 0.0100% / 8h	6h 15m	$2K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Polymarket Perps. 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 Polymarket PerpsbpFee SunXbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$184.45
Price spread: +0.026% → −0.081%: $10.65
Slippage, 4 orders: −$130.27
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$320.07
Costs to cover: 1.463%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 3 min ago; SunX: live order book, 1 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 Polymarket Perps live order book, 3 min ago	2.29 bp	7.3 bp −$7	7.9 bp −$79	doesn't fit	doesn't fit
Sell SunX live order book, 1 min ago	48.37 bp	60.8 bp −$61	doesn't fit	doesn't fit	doesn't fit

XMR on 30 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 −0.0010%	1h	586.52	−0.091%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.654%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	589.93	+0.491%	$1.1M	$669K	10x	as long as short
SunX XMR-USDTshort	+0.0100%	8h	587.20	+0.026%	$2K	$1.9M	20x
HTX XMR-USDT	+0.0100%	8h	588.24	+0.203%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	587.51	+0.078%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0387%	1h	586.22	−0.141%	$106K	$50K	5x	as long as short
MEXC XMR_USDT	+0.0523%	8h	587.71	+0.112%	$20.9M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0524%	8h	587.24	+0.032%	$53.6M	$168.2M	75x	as long as short
Bitget XMRUSDT	+0.0617%	8h	587.31	+0.044%	$9.6M	$14.2M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0703%	8h	587.28	+0.040%	$654K	$2.5M	75x	as long as short
Gate XMR_USDT	+0.0767%	8h	587.28	+0.039%	$1.6M	$4.6M	50x	as long as short
BingX XMR-USDT	+0.0794%	8h	588.27	+0.208%	—	$5.8M	—	as long as short
KuCoin XMRUSDTM	+0.0800%	8h	587.00	−0.009%	$48.1M	$26.1M	50x	as long as short
Pacifica XMR	+0.0821%	1h	587.22	+0.029%	$270K	$1.1M	10x	as long as short
Bybit XMRUSDT	+0.0834%	8h	587.63	+0.099%	$47.5M	$65.0M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0948% / S −0.1189%	1h	586.73	−0.054%	$654K	—	100x	as long as short
Polymarket Perps XMR-USDlong	+0.0978%	1h	587.05	long leg	$31K	$2.1M	5x
Backpack XMR_USDC_PERP	+0.1013%	1h	587.93	+0.150%	$173K	$539K	20x	as long as short
Variational Omni XMR	+0.1033%	8h	588.69	+0.280%	$6.7M	$2.9M	—	as long as short
Orderly PERP_XMR_USDC	+0.1060%	8h	587.74	+0.118%	$42K	$736K	10x	as long as short
Lighter XMR	+0.1064%	1h	587.38	+0.057%	$3.3M	$7.2M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1092%	8h	589.70	+0.451%	$345K	$786K	10x	as long as short
Paradex XMR-USD-PERP	+0.1264%	8h	586.77	−0.048%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1303%	1h	586.76	−0.050%	$5.6M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1496%	1h	587.42	+0.064%	$1.3M	$467K	10x	as long as short
SoDEX XMR-USD	+0.1687%	1h	587.73	+0.116%	$447K	$3K	5x	as long as short
Hyperliquid XMR	+0.1715%	1h	587.51	+0.078%	$88.8M	$73.8M	5x	as long as short
Extended XMR-USD	+0.2016%	1h	587.85	+0.136%	$3.2M	$8.2M	25x	as long as short
Aftermath Perps XMRUSD	+0.2779%	1h	587.54	+0.083%	$1K	$46K	10x	as long as short