Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0170%/8h= +18.6% APRpaid last 24h +0.140%

Price spread now: Binance against Aevo+0.142%58s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on Binance

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Binance is 0.142% dearer against Aevo than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 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	Aevo XMR-PERP	594.60	0.0168	pay 0.0021% / 1h	6m 24s	$12K	—	3x
Short	Binance XMRUSDT	595.45	0.0338	get 0.0338% / 8h	2h 06m	$54.6M	$162.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aevo. 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 AevobpFee BinancebpOrdersPrice spread, now +0.142%Rate

Funding earned: $35.7
Price spread: +0.142% → 0.000%: $14.2
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Binance: 5 bp × 2 orders: −$10
Net: $23.91
Costs to cover: 0.260%
Break-even: 2.3 days

Slippage unknown: Aevo: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.

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 Aevo no order-book sample	—	—	—	—	—
Sell Binance live order book, 7 min ago	0.08 bp	12.0 bp −$12	27.9 bp −$279	doesn't fit	doesn't fit

Aevo: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	594.44	−0.028%	$44K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.457%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	595.31	+0.119%	$47.9M	$61.2M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	597.83	+0.543%	$1.1M	$672K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	593.62	−0.166%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERPlong	+0.0168%	1h	594.60	long leg	$12K	—	3x
Variational Omni XMR	+0.0261%	8h	598.61	+0.673%	$7.0M	$2.7M	—	as long as short
Lighter XMR	+0.0288%	1h	594.43	−0.030%	$3.5M	$6.7M	10x	as long as short
Polymarket Perps XMR-USD	+0.0298%	1h	595.03	+0.071%	$24K	$1.8M	5x	as long as short
MEXC XMR_USDT	+0.0338%	8h	594.97	+0.061%	$22.6M	$15.3M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDTshort	+0.0338%	8h	595.45	+0.142%	$54.6M	$162.5M	75x
BingX XMR-USDT	+0.0358%	8h	595.97	+0.230%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0380%	8h	594.43	−0.029%	$9.9M	$14.2M	50x	as long as short
Gate XMR_USDT	+0.0434%	8h	594.84	+0.040%	$1.6M	$4.5M	50x	as long as short
SoDEX XMR-USD	+0.0451%	1h	594.58	−0.004%	$452K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.0470%	1h	594.15	−0.077%	$202K	$574K	20x	as long as short
BloFin XMR-USDT	+0.0485%	8h	595.00	+0.066%	$2.8M	$11.4M	75x	as long as short
Aster XMRUSDT	+0.0527%	8h	593.90	−0.119%	$677K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0582%	8h	594.43	−0.029%	$49.0M	$25.6M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0592%	8h	596.61	+0.338%	$347K	$782K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0613%	1h	593.40	−0.203%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	594.66	+0.010%	$271K	$1.0M	10x	as long as short
Paradex XMR-USD-PERP	+0.0786%	8h	594.53	−0.012%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0842% / S −0.1414%	1h	593.90	−0.118%	$354K	—	100x	as long as short
dYdX XMR-USD	+0.0872%	1h	594.12	−0.082%	$108K	$50K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0888%	8h	595.38	+0.130%	$48K	$718K	10x	as long as short
Nado XMR-PERP	+0.1050%	1h	594.82	+0.037%	$1.3M	$479K	10x	as long as short
Extended XMR-USD	+0.1400%	1h	594.63	+0.005%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1573%	1h	595.37	+0.129%	$87.3M	$66.5M	5x	as long as short
HTX XMR-USDT	+0.2259%	8h	593.00	−0.270%	$1.1M	$1.4M	20x	as long as short
Aftermath Perps XMRUSD	+0.2352%	1h	595.72	+0.188%	$2K	$47K	10x	as long as short