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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0743%/8h= +81.3% APRnext payment +$7.43 per $10,000 · paid last 24h −0.166%
Price spread now: Bybit against BloFin+0.134%92s7-day average −0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$540.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.588%−$59 on $10k
Price spread, last 3 days (all we have)−0.178%−$18 · spread now +0.134%, 7d avg −0.044%
Together, before fees−0.765%−$77 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.178% dearer against BloFin than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of −0.044%. Mind the row above: over the last 7 days funding on this pair cost −0.588%, so the current rate has only just turned in your favour. The two prices were read 92 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XMR-USDT591.560.0609pay 0.0609% / 8h7h 29m$2.8M$11.6M75x
ShortBybit XMRUSDT592.350.1351get 0.1351% / 8h7h 29m$47.7M$64.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$156
Price spread: +0.134% → −0.044%
$17.75
Slippage, 4 orders
−$31.03
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$119.72
Costs to cover
0.540%
Break-even
1.6 days
Slippage from BloFin: live order book, 4 min ago; Bybit: live order book, 4 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 BloFin live order book, 4 min ago0.51 bp16.7 bp −$1728.5 bp −$285doesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago2.11 bp11.7 bp −$1225.9 bp −$259doesn'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%1h590.85−0.120%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+0.879%$3K$4K12xas long as short
dYdX XMR-USD+0.0069%1h590.58−0.166%$107K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h592.20+0.108%$1.1M$662K10xas long as short
SunX XMR-USDT+0.0100%8h591.36−0.034%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h589.00−0.433%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0184%1h591.47−0.015%$12K3xas long as short
MEXC XMR_USDT+0.0426%8h592.28+0.122%$21.5M$15.2M100xas long as short
Binance XMRUSDT+0.0426%8h592.41+0.144%$54.1M$167.0M75xas long as short
Bitget XMRUSDT+0.0535%8h591.73+0.029%$9.7M$14.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XMR-USDTlong+0.0609%8h591.56long leg$2.8M$11.6M75x
Aster XMRUSDT+0.0635%8h591.97+0.070%$656K$2.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0644%1h590.91−0.110%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h592.34+0.132%$278K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0688%8h591.97+0.069%$48.6M$26.0M50xas long as short
Variational Omni XMR+0.0831%8h591.92+0.061%$6.8M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0871% / S −0.2452%1h590.87−0.117%$550K100xas long as short
Backpack XMR_USDC_PERP+0.0992%1h591.52−0.007%$201K$527K20xas long as short
Gate XMR_USDT+0.0998%8h591.69+0.022%$1.6M$4.6M50xas long as short
Orderly PERP_XMR_USDC+0.1036%8h591.65+0.015%$42K$738K10xas long as short
GRVT XMR_USDT_Perp+0.1138%8h590.06−0.254%$349K$804K10xas long as short
Paradex XMR-USD-PERP+0.1212%8h591.98+0.071%$8K$4K20xas long as short
Lighter XMR+0.1248%1h592.17+0.103%$3.3M$7.1M10xas long as short
Polymarket Perps XMR-USD+0.1272%1h592.07+0.086%$46K$1.9M5xas long as short
Bybit XMRUSDTshort+0.1351%8h592.35+0.134%$47.7M$64.6M75x
BingX XMR-USDT+0.1394%8h592.93+0.232%$5.8Mas long as short
SoDEX XMR-USD+0.1416%1h591.97+0.069%$450K$3K5xas long as short
Nado XMR-PERP+0.1430%1h591.90+0.057%$1.3M$467K10xas long as short
Hyperliquid XMR+0.2087%1h592.53+0.164%$89.9M$72.6M5xas long as short
Extended XMR-USD+0.2496%1h592.34+0.132%$3.2M$7.9M25xas long as short
Aftermath Perps XMRUSD+0.2595%1h591.47−0.015%$1K$46K10xas long as short