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+0.0006%/8h= +0.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.086%
Price spread now: Gate against Bitget−0.132%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$750.748% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.346%+$35 on $10k
Price spread, last 7 days+0.136%+$14 · spread now −0.132%, 7d avg −0.064%
Together, before fees+0.482%+$48 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.067% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget XMRUSDT592.170.0478pay 0.0478% / 8h1m 12s$9.7M$14.6M50x
ShortGate XMR_USDT591.390.0484get 0.0484% / 8h1m 12s$1.7M$4.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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

Funding earned
$1.26
Price spread: −0.132% → −0.064%
−$6.73
Slippage, 4 orders
−$47.81
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$80.28
Costs to cover
0.748%
Break-even
453.0 days
Slippage from Bitget: live order book, 7 min ago; Gate: live order book, 2 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 Bitget live order book, 7 min ago3.05 bp15.5 bp −$1533.2 bp −$332doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago6.35 bp25.2 bp −$2553.7 bp −$537doesn't fitdoesn't fit

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%1h590.94−0.207%$45K150xas long as short
edgeX XMRUSDC+0.0100%4h591.14−0.174%$1.0M$666K10xas long as short
SunX XMR-USDT+0.0100%8h590.68−0.252%$2K$2.0M20xas long as short
Aevo XMR-PERP+0.0168%1h591.91−0.044%$12K3xas long as short
Bybit XMRUSDT+0.0179%8h592.44+0.046%$48.0M$64.4M75xas long as short
MEXC XMR_USDT+0.0347%8h592.54+0.062%$21.7M$15.2M100xas long as short
Binance XMRUSDT+0.0348%8h592.41+0.041%$54.2M$166.3M75xas long as short
Lighter XMR+0.0440%1h592.40+0.038%$3.3M$7.2M10xas long as short
BingX XMR-USDT+0.0448%8h592.61+0.074%$5.8Mas long as short
Kraken Futures PF_XMRUSD+0.0465%1h591.11−0.179%$5.6M$20.6M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDTlong+0.0478%8h592.17long leg$9.7M$14.6M50x
Gate XMR_USDTshort+0.0484%8h591.39−0.132%$1.7M$4.6M50x
BloFin XMR-USDT+0.0502%8h592.63+0.078%$2.8M$11.7M75xas long as short
Backpack XMR_USDC_PERP+0.0548%1h592.08−0.015%$201K$579K20xas long as short
Pacifica XMR+0.0565%1h591.12−0.177%$275K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0576%8h591.60−0.096%$48.4M$26.2M50xas long as short
Aster XMRUSDT+0.0593%8h591.44−0.123%$635K$2.5M75xas long as short
GRVT XMR_USDT_Perp+0.0622%8h590.44−0.292%$346K$795K10xas long as short
Variational Omni XMR+0.0639%8h592.14−0.006%$6.7M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0870% / S −0.2452%1h590.94−0.207%$549K100xas long as short
Orderly PERP_XMR_USDC+0.0972%8h592.22+0.008%$42K$734K10xas long as short
Polymarket Perps XMR-USD+0.0982%1h592.07−0.017%$50K$1.9M5xas long as short
Paradex XMR-USD-PERP+0.0984%8h590.51−0.280%$8K$4K20xas long as short
SoDEX XMR-USD+0.1187%1h592.48+0.052%$450K$3K5xas long as short
Nado XMR-PERP+0.1228%1h591.66−0.085%$1.3M$470K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76+0.775%$3K$6K12xas long as short
dYdX XMR-USD+0.1517%1h588.77−0.574%$107K$50K5xas long as short
HTX XMR-USDT+0.1678%8h591.00−0.198%$1.1M$1.5M20xas long as short
Hyperliquid XMR+0.1803%1h592.90+0.123%$89.5M$72.3M5xas long as short
Extended XMR-USD+0.2152%1h592.36+0.031%$3.2M$7.1M25xas long as short
Aftermath Perps XMRUSD+0.2444%1h590.81−0.230%$2K$46K10xas long as short