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−0.1219%/8h= −133.5% APRnext payment $1.52 per $10,000 · paid last 24h −0.104%
Price spread now: Pacifica against Extended+0.004%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.293% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.569%−$57 on $10k
Price spread, last 7 days−0.013%−$1 · spread now +0.004%, 7d avg +0.032%
Together, before fees−0.582%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board−$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$37 a day on $10k at the current rate, and Pacifica is 0.028% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.569% in total (about -29.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended XMR-USD600.490.1784pay 0.0223% / 1h42m 28s$3.2M$6.9M25x
ShortPacifica XMR600.510.0565get 0.0071% / 1h42m 28s$282K$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica against Extended. 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
−$256.08
Price spread: +0.004% → +0.032%
−$2.81
Slippage, 4 orders
−$16.33
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$288.23
Costs to cover
0.293%
Break-even
never at this rate
Slippage from Extended: live order book, 2 min ago; Pacifica: live order book, 1 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 Extended live order book, 2 min ago1.41 bp4.0 bp −$410.1 bp −$101doesn't fitdoesn't fit
Sell Pacifica live order book, 1 min ago4.16 bp9.8 bp −$10doesn't fitdoesn'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%1h599.83−0.110%$45K150xas long as short
Lighter XMR+0.0096%1h600.31−0.030%$3.4M$6.9M10xas long as short
Bybit XMRUSDT+0.0100%8h600.95+0.077%$49.2M$62.9M75xas long as short
edgeX XMRUSDC+0.0100%4h600.66+0.029%$1.1M$667K10xas long as short
SunX XMR-USDT+0.0100%8h599.98−0.085%$2K$2.0M20xas long as short
Aevo XMR-PERP+0.0160%1h600.17−0.053%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0304%1h599.86−0.105%$204K$575K20xas long as short
Binance XMRUSDT+0.0326%8h600.49+0.001%$55.0M$164.1M75xas long as short
MEXC XMR_USDT+0.0326%8h600.62+0.022%$22.4M$14.9M100xas long as short
Variational Omni XMR+0.0406%8h602.08+0.265%$6.9M$2.6Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XMR-USDT+0.0408%8h600.76+0.045%$5.7Mas long as short
Bitget XMRUSDT+0.0430%8h600.85+0.060%$10.0M$14.3M50xas long as short
BloFin XMR-USDT+0.0458%8h600.40−0.015%$2.8M$11.7M75xas long as short
Kraken Futures PF_XMRUSD+0.0459%1h599.43−0.177%$5.7M$20.5M50xas long as short
Gate XMR_USDT+0.0512%8h600.14−0.058%$1.7M$4.6M50xas long as short
Pacifica XMRshort+0.0565%1h600.51+0.004%$282K$1.1M10x
KuCoin XMRUSDTM+0.0572%8h600.32−0.028%$49.0M$26.0M50xas long as short
Aster XMRUSDT+0.0589%8h600.84+0.058%$692K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0604%8h600.70+0.036%$352K$794K10xas long as short
Polymarket Perps XMR-USD+0.0699%1h600.87+0.063%$23K$1.8M5xas long as short
SoDEX XMR-USD+0.0774%1h600.55+0.010%$456K$3K5xas long as short
Paradex XMR-USD-PERP+0.0858%8h600.45−0.006%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0888% / S −0.2517%1h599.77−0.120%$570K100xas long as short
Orderly PERP_XMR_USDC+0.0943%8h600.30−0.032%$44K$729K10xas long as short
Nado XMR-PERP+0.1139%1h600.35−0.024%$1.3M$475K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76−0.621%$3K$6K12xas long as short
Hyperliquid XMR+0.1646%1h601.37+0.147%$90.6M$70.3M5xas long as short
Extended XMR-USDlong+0.1784%1h600.49long leg$3.2M$6.9M25x
HTX XMR-USDT+0.1992%8h600.71+0.037%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2322%1h600.78+0.049%$2K$47K10xas long as short
dYdX XMR-USD+0.2654%1h599.72−0.128%$109K$50K5xas long as short