Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0809%/8h= +88.6% APRpaid last 24h +0.199%

Price spread now: BloFin against edgeX+0.088%101s7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs+$13as 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−$570.565% of the position

Long on edgeX Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.692%+$69 on $10k

Price spread, last 4 days (all we have)−0.124%−$12 · spread now +0.088%, 7d avg +0.017%

Together, before fees+0.568%+ Points / potential airdropedgeX: Active · farm board+$57 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and BloFin is 0.071% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.017%. The two prices were read 101 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	573.51	0.0100	pay 0.0050% / 4h	3h 19m	$1.0M	$644K	10x
Short	BloFin XMR-USDT	574.02	0.0909	get 0.0909% / 8h	3h 19m	$2.7M	$11.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.088%Rate

Funding earned: $169.88
Price spread: +0.088% → +0.017%: $7.14
Slippage, 4 orders: −$35.51
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $120.51
Costs to cover: 0.565%
Break-even: 2.0 days

Slippage from edgeX: live order book, 4 min ago; BloFin: live order book, 4 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	10.30 bp	14.8 bp −$15	15.7 bp −$157	doesn't fit	doesn't fit
Sell BloFin live order book, 4 min ago	3.40 bp	14.0 bp −$14	24.9 bp −$249	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 −0.0003%	1h	572.31	−0.210%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.576%	$3K	$3K	12x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	573.51	long leg	$1.0M	$644K	10x
SunX XMR-USDT	+0.0100%	8h	572.89	−0.109%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	571.12	−0.417%	$1.0M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0216%	1h	573.60	+0.015%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0226%	1h	572.03	−0.259%	$5.4M	$19.5M	50x	as long as short
KuCoin XMRUSDTM	+0.0312%	8h	572.53	−0.171%	$45.0M	$26.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0372%	8h	572.68	−0.145%	$8K	$4K	20x	as long as short
Bitget XMRUSDT	+0.0519%	8h	572.72	−0.138%	$9.4M	$13.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDT	+0.0527%	8h	572.51	−0.175%	$1.5M	$4.5M	50x	as long as short
MEXC XMR_USDT	+0.0557%	8h	572.53	−0.171%	$19.8M	$14.7M	100x	as long as short
Binance XMRUSDT	+0.0558%	8h	572.59	−0.161%	$52.3M	$163.1M	75x	as long as short
BingX XMR-USDT	+0.0591%	8h	572.93	−0.102%	—	$5.6M	—	as long as short
Lighter XMR	+0.0600%	1h	572.93	−0.102%	$3.1M	$7.5M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0612%	1h	572.82	−0.121%	$169K	$532K	20x	as long as short
Bybit XMRUSDT	+0.0631%	8h	572.46	−0.184%	$46.6M	$64.4M	75x	as long as short
Extended XMR-USD	+0.0680%	1h	572.35	−0.203%	$3.1M	$8.3M	25x	as long as short
Pacifica XMR	+0.0682%	1h	572.54	−0.170%	$265K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0709%	8h	572.42	−0.191%	$639K	$2.3M	75x	as long as short
Polymarket Perps XMR-USD	+0.0746%	1h	572.30	−0.212%	$29K	$2.2M	5x	as long as short
BloFin XMR-USDTshort	+0.0909%	8h	574.02	+0.088%	$2.7M	$11.2M	75x
GRVT XMR_USDT_Perp	+0.0962%	8h	573.47	−0.008%	$339K	$739K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1217%	1h	572.13	−0.241%	$596K	—	100x	as long as short
dYdX XMR-USD	+0.0999%	1h	571.68	−0.320%	$104K	$44K	5x	as long as short
Nado XMR-PERP	+0.1102%	1h	572.95	−0.097%	$1.3M	$457K	10x	as long as short
Variational Omni XMR	+0.1135%	8h	573.72	+0.036%	$6.3M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1138%	8h	573.22	−0.051%	$40K	$735K	10x	as long as short
Hyperliquid XMR	+0.1256%	1h	572.73	−0.137%	$86.3M	$71.2M	5x	as long as short
SoDEX XMR-USD	+0.1409%	1h	573.26	−0.044%	$436K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1931%	1h	572.97	−0.095%	$1K	$43K	10x	as long as short