Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0313%/8h= −34.3% APRpaid last 24h −0.145%

Price spread now: edgeX against Bitget−0.074%7-day average +0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$89as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$620.618% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.268%−$27 on $10k

Price spread, last 3 days (all we have)+0.501%+$50 · spread now −0.074%, 7d avg +0.019%

Together, before fees+0.233%+ Points / potential airdropedgeX: Active · farm board+$23 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and edgeX is 0.094% cheaper against Bitget than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.019%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget XMRUSDT	596.85	0.0413	pay 0.0413% / 8h	1h 19m	$9.9M	$14.2M	50x
Short	edgeX XMRUSDC	596.41	0.0100	get 0.0050% / 4h	1h 19m	$1.1M	$665K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now −0.074%Rate

Funding earned: −$65.73
Price spread: −0.074% → +0.019%: −$9.39
Slippage, 4 orders: −$40.82
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$136.94
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; edgeX: live order book, 5 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 Bitget live order book, 4 min ago	4.60 bp	19.3 bp −$19	26.6 bp −$266	doesn't fit	doesn't fit
Sell edgeX live order book, 5 min ago	10.21 bp	14.7 bp −$15	15.4 bp −$154	doesn't fit	doesn't fit

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	594.66	−0.367%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	596.78	−0.012%	$48.4M	$61.8M	75x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	596.41	−0.074%	$1.1M	$665K	10x
SunX XMR-USDT	+0.0100%	8h	594.50	−0.394%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	596.45	−0.067%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0298%	8h	597.20	+0.058%	$6.9M	$2.6M	—	as long as short
Binance XMRUSDT	+0.0329%	8h	596.18	−0.113%	$54.7M	$163.1M	75x	as long as short
MEXC XMR_USDT	+0.0331%	8h	596.35	−0.084%	$22.3M	$15.0M	100x	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	595.68	−0.196%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0387%	1h	595.57	−0.214%	$270K	$1.0M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0394%	8h	596.77	−0.013%	—	$5.7M	—	as long as short
Bitget XMRUSDTlong	+0.0413%	8h	596.85	long leg	$9.9M	$14.2M	50x
BloFin XMR-USDT	+0.0465%	8h	595.53	−0.221%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0536%	8h	596.25	−0.101%	$1.7M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0538%	8h	595.99	−0.144%	$48.6M	$25.8M	50x	as long as short
Aster XMRUSDT	+0.0543%	8h	595.41	−0.242%	$679K	$2.4M	75x	as long as short
Lighter XMR	+0.0552%	1h	596.07	−0.132%	$3.4M	$6.9M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0604%	8h	595.78	−0.179%	$347K	$797K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	−0.015%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0807% / S −0.1288%	1h	594.17	−0.449%	$330K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.0861%	1h	595.36	−0.250%	$23K	$1.8M	5x	as long as short
Paradex XMR-USD-PERP	+0.0867%	8h	595.77	−0.181%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.0881%	1h	596.56	−0.049%	$453K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0943%	8h	596.10	−0.126%	$43K	$729K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0951%	1h	595.65	−0.201%	$203K	$575K	20x	as long as short
Nado XMR-PERP	+0.1338%	1h	595.23	−0.272%	$1.3M	$474K	10x	as long as short
dYdX XMR-USD	+0.1745%	1h	594.15	−0.452%	$108K	$50K	5x	as long as short
Extended XMR-USD	+0.1872%	1h	596.44	−0.068%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1889%	1h	596.97	+0.020%	$89.0M	$69.0M	5x	as long as short
HTX XMR-USDT	+0.1961%	8h	594.04	−0.471%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2432%	1h	595.35	−0.252%	$2K	$47K	10x	as long as short