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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0064%/8h= −7.0% APRnext payment $0.64 per $10,000 · paid last 24h −0.007%
Price spread now: MEXC against BingX+0.007%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$480.483% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.019%−$2 on $10k
Price spread, last 7 days+0.003%$0 · spread now +0.007%, 7d avg +0.009%
Together, before fees−0.015%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX XMR-USDT597.950.0397pay 0.0397% / 8h1h 08m$5.7M
ShortMEXC XMR_USDT597.990.0333get 0.0333% / 8h1h 08m$22.4M$15.0M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against BingX. 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
−$13.44
Price spread: +0.007% → +0.009%
−$0.23
Slippage, 4 orders
−$34.33
Fee BingX: 5 bp × 2 orders
−$10
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$62
Costs to cover
0.483%
Break-even
never at this rate
Slippage from BingX: live order book, 6 min ago; MEXC: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 6 min ago0.67 bp12.5 bp −$1217.7 bp −$177101.7 bp −$10.2K733.5 bp −$366.7K
Sell MEXC live order book, 5 min ago0.08 bp18.2 bp −$1832.4 bp −$32476.1 bp −$7,610217.9 bp −$108.9K

XMR on 31 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 −0.0009%1h597.20−0.126%$45K150xas long as short
Bybit XMRUSDT+0.0100%8h598.01+0.010%$48.6M$62.1M75xas long as short
edgeX XMRUSDC+0.0100%4h597.97+0.003%$1.1M$664K10xas long as short
SunX XMR-USDT+0.0100%8h597.17−0.130%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h597.51−0.074%$12K3xas long as short
Variational Omni XMR+0.0330%8h598.31+0.061%$6.9M$2.6Mas long as short
MEXC XMR_USDTshort+0.0333%8h597.99+0.007%$22.4M$15.0M100x
Binance XMRUSDT+0.0334%8h597.90−0.008%$54.8M$163.3M75xas long as short
Kraken Futures PF_XMRUSD+0.0382%1h596.72−0.206%$5.7M$20.4M50xas long as short
Pacifica XMR+0.0387%1h598.16+0.036%$282K$1.0M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XMR-USDTlong+0.0397%8h597.95long leg$5.7M
Bitget XMRUSDT+0.0417%8h597.67−0.047%$10.0M$14.2M50xas long as short
BloFin XMR-USDT+0.0471%8h598.12+0.028%$2.8M$11.6M75xas long as short
Lighter XMR+0.0520%1h597.56−0.065%$3.4M$6.9M10xas long as short
Gate XMR_USDT+0.0550%8h597.70−0.042%$1.7M$4.6M50xas long as short
KuCoin XMRUSDTM+0.0555%8h597.42−0.089%$48.7M$25.8M50xas long as short
Aster XMRUSDT+0.0570%8h597.83−0.020%$685K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0617%8h598.18+0.039%$349K$797K10xas long as short
Injective XMR/USDC PERP+0.0695%1h596.76−0.199%$3K$6K12xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0810% / S −0.1291%1h597.02−0.155%$332K100xas long as short
Polymarket Perps XMR-USD+0.0836%1h598.15+0.033%$23K$1.8M5xas long as short
SoDEX XMR-USD+0.0843%1h597.90−0.008%$454K$3K5xas long as short
Paradex XMR-USD-PERP+0.0857%8h598.13+0.030%$8K$4K20xas long as short
Orderly PERP_XMR_USDC+0.0953%8h597.65−0.050%$44K$729K10xas long as short
Backpack XMR_USDC_PERP+0.1032%1h597.47−0.080%$204K$575K20xas long as short
Nado XMR-PERP+0.1231%1h598.02+0.012%$1.3M$475K10xas long as short
Extended XMR-USD+0.1864%1h597.77−0.030%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1952%1h598.51+0.094%$89.7M$69.5M5xas long as short
HTX XMR-USDT+0.1964%8h596.00−0.326%$1.1M$1.5M20xas long as short
dYdX XMR-USD+0.2000%1h595.99−0.328%$108K$50K5xas long as short
Aftermath Perps XMRUSD+0.2428%1h597.74−0.034%$2K$47K10xas long as short