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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0149%/8h= −16.3% APRnext payment $1.49 per $10,000 · paid last 24h −0.150%
Price spread now: Bybit against Variational Omni−0.093%7-day average −0.018% · you buy dearer than you sell
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)−0.329%−$33 on $10k
Price spread, last 7 days+0.104%+$10 · spread now −0.093%, 7d avg −0.018%
Together, before fees−0.225%+ Points / potential airdropVariational Omni: Active · farm board−$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bybit is 0.075% cheaper against Variational Omni than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.018%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XMR590.910.1021pay 0.1021% / 8h6h 21m$6.7M$2.9M
ShortBybit XMRUSDT590.360.0873get 0.0873% / 8h6h 21m$47.7M$65.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Variational Omni. 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
−$31.23
Price spread: −0.093% → −0.018%
−$7.51
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$49.74
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 2 min ago. 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 Variational Omni RFQ quote, 2 min ago3.13 bpdoesn't fit12.6 bp −$126doesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago2.21 bp13.1 bp −$1329.1 bp −$291doesn't fitdoesn't fit

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%1h588.31−0.439%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+0.990%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h590.16−0.126%$1.1M$667K10xas long as short
SunX XMR-USDT+0.0100%8h589.03−0.318%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h586.92−0.675%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h590.11−0.134%$12K3xas long as short
dYdX XMR-USD+0.0456%1h587.40−0.594%$106K$50K5xas long as short
MEXC XMR_USDT+0.0521%8h590.10−0.137%$21.0M$15.3M100xas long as short
Binance XMRUSDT+0.0521%8h590.32−0.099%$53.9M$168.3M75xas long as short
Bitget XMRUSDT+0.0616%8h590.33−0.098%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0697%8h589.51−0.237%$656K$2.5M75xas long as short
Gate XMR_USDT+0.0753%8h589.63−0.216%$1.6M$4.6M50xas long as short
KuCoin XMRUSDTM+0.0782%8h589.40−0.255%$48.3M$26.2M50xas long as short
Pacifica XMR+0.0821%1h588.58−0.394%$273K$1.1M10xas long as short
BingX XMR-USDT+0.0853%8h590.49−0.071%$5.8Mas long as short
Bybit XMRUSDTshort+0.0873%8h590.36−0.093%$47.7M$65.0M75x
GMX XMR/USD [WBTC.b-USDC]L +0.0936% / S −0.1162%1h588.08−0.479%$655K100xas long as short
Backpack XMR_USDC_PERP+0.1003%1h589.66−0.211%$185K$534K20xas long as short
Variational Omni XMRlong+0.1021%8h590.91long leg$6.7M$2.9M
Orderly PERP_XMR_USDC+0.1065%8h589.88−0.174%$42K$736K10xas long as short
Lighter XMR+0.1080%1h589.73−0.199%$3.3M$7.2M10xas long as short
Polymarket Perps XMR-USD+0.1085%1h589.20−0.289%$35K$2.1M5xas long as short
GRVT XMR_USDT_Perp+0.1110%8h590.89−0.004%$346K$786K10xas long as short
Paradex XMR-USD-PERP+0.1286%8h588.11−0.474%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1299%1h588.60−0.391%$5.6M$20.5M50xas long as short
Nado XMR-PERP+0.1505%1h589.41−0.253%$1.3M$467K10xas long as short
Hyperliquid XMR+0.1822%1h590.40−0.085%$89.2M$73.7M5xas long as short
SoDEX XMR-USD+0.1862%1h590.20−0.120%$449K$3K5xas long as short
Extended XMR-USD+0.2104%1h589.88−0.174%$3.2M$8.3M25xas long as short
Aftermath Perps XMRUSD+0.2776%1h588.44−0.418%$1K$46K10xas long as short