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−0.0669%/8h= −73.3% APRnext payment $6.69 per $10,000 · paid last 24h +0.166%
Price spread now: BloFin against Bybit−0.137%7-day average +0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs+$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$520.515% 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)+0.181%+$18 · spread now −0.137%, 7d avg +0.044%
Together, before fees+0.768%+$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and BloFin is 0.181% cheaper against Bybit than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.044%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.588%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XMRUSDT593.260.1289pay 0.1289% / 8h7h 26m$47.8M$64.5M75x
ShortBloFin XMR-USDT592.450.0620get 0.0620% / 8h7h 26m$2.8M$11.7M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
−$140.51
Price spread: −0.137% → +0.044%
−$18.05
Slippage, 4 orders
−$28.5
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$210.06
Costs to cover
0.515%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; BloFin: 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 Bybit live order book, 2 min ago1.69 bp13.3 bp −$1326.7 bp −$26790.7 bp −$9,072doesn't fit
Sell BloFin live order book, 2 min ago1.10 bp15.5 bp −$1529.5 bp −$295doesn'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%1h591.82−0.242%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+0.590%$3K$4K12xas long as short
dYdX XMR-USD+0.0065%1h591.70−0.263%$107K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h592.45−0.136%$1.1M$659K10xas long as short
SunX XMR-USDT+0.0100%8h592.10−0.196%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h589.20−0.684%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0192%1h592.05−0.204%$12K3xas long as short
MEXC XMR_USDT+0.0429%8h592.96−0.051%$21.6M$15.3M100xas long as short
Binance XMRUSDT+0.0430%8h593.13−0.022%$54.1M$166.9M75xas long as short
Bitget XMRUSDT+0.0537%8h592.64−0.105%$9.7M$14.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XMR-USDTshort+0.0620%8h592.45−0.137%$2.8M$11.7M75x
Aster XMRUSDT+0.0639%8h592.63−0.107%$656K$2.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0643%1h591.61−0.278%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h592.98−0.047%$278K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0694%8h592.38−0.148%$48.6M$26.0M50xas long as short
Variational Omni XMR+0.0831%8h591.92−0.225%$6.8M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0872% / S −0.2456%1h591.60−0.279%$551K100xas long as short
Orderly PERP_XMR_USDC+0.1040%8h592.75−0.086%$43K$738K10xas long as short
Backpack XMR_USDC_PERP+0.1050%1h592.17−0.184%$201K$527K20xas long as short
Gate XMR_USDT+0.1075%8h592.46−0.135%$1.6M$4.6M50xas long as short
GRVT XMR_USDT_Perp+0.1138%8h590.06−0.540%$349K$804K10xas long as short
Polymarket Perps XMR-USD+0.1233%1h592.87−0.066%$47K$1.9M5xas long as short
Paradex XMR-USD-PERP+0.1234%8h592.67−0.099%$8K$4K20xas long as short
Lighter XMR+0.1280%1h592.84−0.071%$3.3M$7.1M10xas long as short
BingX XMR-USDT+0.1284%8h593.06−0.034%$5.8Mas long as short
Bybit XMRUSDTlong+0.1289%8h593.26long leg$47.8M$64.5M75x
SoDEX XMR-USD+0.1351%1h592.84−0.071%$451K$3K5xas long as short
Nado XMR-PERP+0.1437%1h593.12−0.024%$1.3M$467K10xas long as short
Hyperliquid XMR+0.2050%1h593.22−0.007%$90.1M$72.7M5xas long as short
Extended XMR-USD+0.2536%1h593.00−0.043%$3.2M$7.9M25xas long as short
Aftermath Perps XMRUSD+0.2586%1h592.21−0.177%$1K$46K10xas long as short