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+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h −0.018%
Price spread now: Gate against BloFin−0.116%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$650.653% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 3 days (all we have)−0.142%−$14 · spread now −0.116%, 7d avg −0.134%
Together, before fees−0.232%−$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.134%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XMR-USDT592.420.0447pay 0.0447% / 8h21m 16s$2.8M$11.6M75x
ShortGate XMR_USDT591.730.0472get 0.0472% / 8h21m 16s$1.6M$4.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$5.27
Price spread: −0.116% → −0.134%
$1.73
Slippage, 4 orders
−$38.33
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$58.34
Costs to cover
0.653%
Break-even
84.6 days
Slippage from BloFin: live order book, 3 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 BloFin live order book, 3 min ago0.17 bp15.2 bp −$1526.6 bp −$266doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago8.02 bp17.3 bp −$1747.8 bp −$478doesn'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%1h591.13−0.217%$44K150xas long as short
Bybit XMRUSDT+0.0100%8h592.82+0.068%$48.4M$63.7M75xas long as short
edgeX XMRUSDC+0.0100%4h592.21−0.035%$1.1M$664K10xas long as short
SunX XMR-USDT+0.0100%8h591.83−0.100%$2K$2.0M20xas long as short
Lighter XMR+0.0128%1h591.99−0.072%$3.4M$7.0M10xas long as short
Aevo XMR-PERP+0.0160%1h591.54−0.149%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0203%1h591.66−0.128%$201K$577K20xas long as short
MEXC XMR_USDT+0.0305%8h592.41−0.002%$22.0M$15.0M100xas long as short
Binance XMRUSDT+0.0310%8h592.49+0.012%$54.2M$165.2M75xas long as short
BingX XMR-USDT+0.0413%8h592.75+0.056%$5.8Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0440%8h592.49+0.012%$9.7M$14.5M50xas long as short
BloFin XMR-USDTlong+0.0447%8h592.42long leg$2.8M$11.6M75x
Kraken Futures PF_XMRUSD+0.0465%1h591.15−0.214%$5.6M$20.5M50xas long as short
Gate XMR_USDTshort+0.0472%8h591.73−0.116%$1.6M$4.6M50x
Variational Omni XMR+0.0497%8h592.75+0.056%$6.8M$2.6Mas long as short
KuCoin XMRUSDTM+0.0551%8h591.96−0.078%$48.4M$26.1M50xas long as short
Pacifica XMR+0.0565%1h592.27−0.025%$278K$1.1M10xas long as short
Aster XMRUSDT+0.0577%8h591.96−0.078%$674K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0585%8h592.52+0.017%$348K$794K10xas long as short
Polymarket Perps XMR-USD+0.0750%1h592.44+0.003%$21K$1.7M5xas long as short
Paradex XMR-USD-PERP+0.0835%8h592.28−0.024%$8K$4K20xas long as short
SoDEX XMR-USD+0.0853%1h592.51+0.015%$450K$3K5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0870% / S −0.2449%1h591.25−0.197%$549K100xas long as short
Orderly PERP_XMR_USDC+0.0950%8h592.41−0.002%$42K$733K10xas long as short
Nado XMR-PERP+0.1138%1h592.46+0.008%$1.3M$477K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76+0.733%$3K$6K12xas long as short
Hyperliquid XMR+0.1657%1h592.89+0.079%$89.1M$71.5M5xas long as short
Extended XMR-USD+0.1800%1h592.42+0.001%$3.2M$7.0M25xas long as short
HTX XMR-USDT+0.1892%8h592.31−0.019%$1.1M$1.5M20xas long as short
dYdX XMR-USD+0.2239%1h591.11−0.221%$107K$50K5xas long as short
Aftermath Perps XMRUSD+0.2287%1h593.22+0.135%$2K$47K10xas long as short