Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1916%/8h= +209.8% APRpaid last 24h +0.052%

Price spread now: Extended against BloFin+0.093%7-day average −0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$9as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$360.362% of the position

Long on BloFin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.274%+$27 on $10k

Price spread, last 3 days (all we have)−0.183%−$18 · spread now +0.093%, 7d avg −0.056%

Together, before fees+0.090%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$57 a day on $10k at the current rate, and Extended is 0.149% dearer against BloFin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.056%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.274% in total (about 14.3% 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	BloFin XMR-USDT	592.45	0.0620	pay 0.0620% / 8h	7h 26m	$2.8M	$11.7M	75x
Short	Extended XMR-USD	593.00	0.2536	get 0.0317% / 1h	26m 25s	$3.2M	$7.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee BloFinbpFee ExtendedbpOrdersPrice spread, now +0.093%Rate

Funding earned: $402.4
Price spread: +0.093% → −0.056%: $14.88
Slippage, 4 orders: −$19.16
Fee BloFin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $381.11
Costs to cover: 0.362%
Break-even: 0.4 days

Slippage from BloFin: live order book, 2 min ago; Extended: live order book, 3 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 BloFin live order book, 2 min ago	1.10 bp	10.2 bp −$10	15.8 bp −$158	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	0.76 bp	7.1 bp −$7	13.2 bp −$132	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	591.74	−0.120%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.727%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0065%	1h	591.70	−0.127%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.45	0.000%	$1.1M	$659K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	592.10	−0.059%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	589.20	−0.549%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0192%	1h	593.00	+0.093%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0429%	8h	593.04	+0.100%	$21.6M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0430%	8h	593.06	+0.103%	$54.1M	$166.9M	75x	as long as short
Bitget XMRUSDT	+0.0537%	8h	592.80	+0.059%	$9.7M	$14.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDTlong	+0.0620%	8h	592.45	long leg	$2.8M	$11.7M	75x
Aster XMRUSDT	+0.0639%	8h	592.70	+0.042%	$656K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0643%	1h	591.61	−0.142%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	592.98	+0.090%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0694%	8h	592.54	+0.015%	$48.6M	$26.0M	50x	as long as short
Variational Omni XMR	+0.0851%	8h	593.40	+0.160%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0872% / S −0.2458%	1h	591.65	−0.135%	$551K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1041%	8h	592.90	+0.076%	$43K	$739K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1050%	1h	592.17	−0.047%	$201K	$527K	20x	as long as short
Gate XMR_USDT	+0.1075%	8h	592.66	+0.035%	$1.6M	$4.6M	50x	as long as short
GRVT XMR_USDT_Perp	+0.1138%	8h	590.06	−0.404%	$349K	$804K	10x	as long as short
Polymarket Perps XMR-USD	+0.1223%	1h	592.77	+0.054%	$47K	$1.9M	5x	as long as short
Paradex XMR-USD-PERP	+0.1234%	8h	592.67	+0.038%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1280%	1h	592.84	+0.065%	$3.3M	$7.1M	10x	as long as short
BingX XMR-USDT	+0.1284%	8h	593.03	+0.098%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1289%	8h	593.03	+0.098%	$47.8M	$64.5M	75x	as long as short
SoDEX XMR-USD	+0.1351%	1h	592.84	+0.066%	$451K	$3K	5x	as long as short
Nado XMR-PERP	+0.1437%	1h	593.12	+0.112%	$1.3M	$467K	10x	as long as short
Hyperliquid XMR	+0.2049%	1h	593.27	+0.138%	$90.1M	$72.7M	5x	as long as short
Extended XMR-USDshort	+0.2536%	1h	593.00	+0.093%	$3.2M	$7.9M	25x
Aftermath Perps XMRUSD	+0.2586%	1h	592.31	−0.023%	$1K	$46K	10x	as long as short