Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0241%/8h= +26.4% APRpaid last 24h +0.183%

Price spread now: Binance against edgeX−0.555%60s7-day average −0.019% · you buy dearer than you sell

Net, funding: paid 7d − costs−$19as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$550.549% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.364%+$36 on $10k

Price spread, last 3 days (all we have)+0.103%+$10 · spread now −0.555%, 7d avg −0.019%

Together, before fees+0.467%+ Points / potential airdropedgeX: Active · farm board+$47 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.536% cheaper against edgeX than usual: you would sell low and buy high (spread −0.555% now, against its 7-day average of −0.019%). If the spread goes back, that is −$54 on $10k: about 7.4 days of funding at the current rate (+$7 a day). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XMRUSDC	597.83	0.0100	pay 0.0050% / 4h	2h 04m	$1.1M	$672K	10x
Short	Binance XMRUSDT	594.51	0.0341	get 0.0341% / 8h	2h 04m	$54.5M	$162.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now −0.555%Rate

Funding earned: $50.59
Price spread: −0.555% → −0.019%: −$53.63
Slippage, 4 orders: −$35.94
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$57.97
Costs to cover: 0.549%
Break-even: 15.0 days

Slippage from edgeX: live order book, 4 min ago; Binance: live order book, 9 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 edgeX live order book, 4 min ago	10.72 bp	15.3 bp −$15	16.6 bp −$166	doesn't fit	doesn't fit
Sell Binance live order book, 9 min ago	0.08 bp	12.0 bp −$12	27.9 bp −$279	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	593.78	−0.677%	$44K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.994%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	594.56	−0.547%	$47.9M	$61.2M	75x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	597.83	long leg	$1.1M	$672K	10x
SunX XMR-USDT	+0.0100%	8h	595.19	−0.442%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	596.04	−0.300%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0257%	8h	594.64	−0.533%	$6.9M	$2.7M	—	as long as short
Lighter XMR	+0.0288%	1h	594.74	−0.516%	$3.5M	$6.7M	10x	as long as short
Polymarket Perps XMR-USD	+0.0315%	1h	595.09	−0.458%	$24K	$1.8M	5x	as long as short
MEXC XMR_USDT	+0.0339%	8h	594.60	−0.540%	$22.6M	$15.3M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDTshort	+0.0341%	8h	594.51	−0.555%	$54.5M	$162.5M	75x
BingX XMR-USDT	+0.0358%	8h	594.82	−0.504%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0382%	8h	594.58	−0.544%	$9.9M	$14.2M	50x	as long as short
Gate XMR_USDT	+0.0427%	8h	594.13	−0.619%	$1.6M	$4.5M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0467%	1h	595.38	−0.410%	$202K	$574K	20x	as long as short
BloFin XMR-USDT	+0.0490%	8h	596.10	−0.290%	$2.8M	$11.4M	75x	as long as short
SoDEX XMR-USD	+0.0515%	1h	595.83	−0.335%	$453K	$3K	5x	as long as short
Aster XMRUSDT	+0.0531%	8h	594.75	−0.516%	$678K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0575%	8h	594.05	−0.632%	$49.0M	$25.6M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0592%	8h	596.61	−0.204%	$347K	$782K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0612%	1h	594.60	−0.540%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	594.89	−0.492%	$271K	$1.0M	10x	as long as short
Paradex XMR-USD-PERP	+0.0814%	8h	594.83	−0.501%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0843% / S −0.1414%	1h	593.70	−0.692%	$354K	—	100x	as long as short
dYdX XMR-USD	+0.0880%	1h	594.60	−0.540%	$108K	$50K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0886%	8h	595.73	−0.351%	$48K	$718K	10x	as long as short
Nado XMR-PERP	+0.1051%	1h	594.66	−0.530%	$1.3M	$479K	10x	as long as short
Extended XMR-USD	+0.1416%	1h	594.30	−0.590%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1581%	1h	595.73	−0.351%	$87.4M	$66.6M	5x	as long as short
HTX XMR-USDT	+0.2243%	8h	594.00	−0.641%	$1.1M	$1.4M	20x	as long as short
Aftermath Perps XMRUSD	+0.2362%	1h	595.17	−0.445%	$2K	$47K	10x	as long as short