Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.1162%/8h= +127.3% APRpaid last 24h +0.145%

Price spread now: Extended against Binance−0.031%7-day average −0.050% · you buy dearer than you sell

Net, funding: paid 7d − costs+$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$380.379% of the position

Long on Binance Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.641%+$64 on $10k

Price spread, last 7 days+0.053%+$5 · spread now −0.031%, 7d avg −0.050%

Together, before fees+0.694%+ Points / potential airdropExtended: Active · farm board+$69 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$35 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.641% in total (about 33.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XMRUSDT	583.42	0.0518	pay 0.0518% / 8h	5h 57m	$53.2M	$167.2M	75x
Short	Extended XMR-USD	583.24	0.1680	get 0.0210% / 1h	57m 22s	$3.1M	$8.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Binance. 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 BinancebpFee ExtendedbpOrdersPrice spread, now −0.031%Rate

Funding earned: $244.1
Price spread: −0.031% → −0.050%: $1.92
Slippage, 4 orders: −$22.85
Fee Binance: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $208.17
Costs to cover: 0.379%
Break-even: 1.0 days

Slippage from Binance: live order book, 16 min ago; Extended: live order book, 2 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 Binance live order book, 16 min ago	0.09 bp	9.3 bp −$9	24.8 bp −$248	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	4.44 bp	7.0 bp −$7	12.2 bp −$122	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	581.94	−0.254%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+2.286%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	586.49	+0.526%	$1.0M	$670K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	582.49	−0.160%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	583.92	+0.085%	$1.1M	$1.6M	20x	as long as short
Backpack XMR_USDC_PERP	+0.0125%	1h	583.20	−0.038%	$172K	$538K	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	583.10	−0.054%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0392%	1h	582.88	−0.093%	$31K	$2.1M	5x	as long as short
Lighter XMR	+0.0488%	1h	583.75	+0.057%	$3.3M	$7.1M	10x	as long as short
Binance XMRUSDTlong	+0.0518%	8h	583.42	long leg	$53.2M	$167.2M	75x

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0520%	8h	583.50	+0.013%	$20.8M	$15.1M	100x	as long as short
Bitget XMRUSDT	+0.0620%	8h	582.96	−0.079%	$9.5M	$14.2M	50x	as long as short
Aster XMRUSDT	+0.0703%	8h	583.06	−0.061%	$649K	$2.4M	75x	as long as short
BingX XMR-USDT	+0.0757%	8h	583.60	+0.031%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.0762%	8h	583.26	−0.028%	$47.3M	$64.8M	75x	as long as short
Gate XMR_USDT	+0.0770%	8h	582.78	−0.110%	$1.6M	$4.5M	50x	as long as short
KuCoin XMRUSDTM	+0.0781%	8h	583.27	−0.026%	$47.9M	$26.1M	50x	as long as short
dYdX XMR-USD	+0.0828%	1h	583.18	−0.041%	$106K	$50K	5x	as long as short
Kraken Futures PF_XMRUSD	+0.0957%	1h	582.93	−0.085%	$5.5M	$20.0M	50x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0970% / S −0.1244%	1h	581.96	−0.250%	$649K	—	100x	as long as short
Pacifica XMR	+0.0996%	1h	584.00	+0.099%	$269K	$1.1M	10x	as long as short
Nado XMR-PERP	+0.1020%	1h	583.41	−0.001%	$1.3M	$462K	10x	as long as short
GRVT XMR_USDT_Perp	+0.1029%	8h	585.01	+0.272%	$343K	$773K	10x	as long as short
Variational Omni XMR	+0.1060%	8h	586.46	+0.521%	$6.7M	$2.5M	—	as long as short
Orderly PERP_XMR_USDC	+0.1085%	8h	583.28	−0.024%	$42K	$736K	10x	as long as short
Paradex XMR-USD-PERP	+0.1178%	8h	583.54	+0.020%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.1193%	1h	584.15	+0.125%	$444K	$3K	5x	as long as short
Hyperliquid XMR	+0.1202%	1h	583.36	−0.011%	$88.1M	$73.1M	5x	as long as short
Extended XMR-USDshort	+0.1680%	1h	583.24	−0.031%	$3.1M	$8.0M	25x
Aftermath Perps XMRUSD	+0.2675%	1h	584.42	+0.171%	$1K	$46K	10x	as long as short