Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0090%/8h= +9.8% APRpaid last 24h +0.027%

Price spread now: edgeX against gTrade (Gains Network)+0.139%68s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on gTrade (Gains Network)Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and edgeX is 0.139% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$14 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 68 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	gTrade (Gains Network) XMR/USD	599.83	L +0.0010% / S −0.0009%	pay 0.0001% / 1h	42m 07s	$45K	—	150x
Short	edgeX XMRUSDC	600.66	0.0100	get 0.0050% / 4h	42m 07s	$1.1M	$667K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against gTrade (Gains Network). 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 gTrade (Gains Network)bpFee edgeXbpOrdersPrice spread, now +0.139%Rate

Funding earned: $18.88
Price spread: +0.139% → 0.000%: $13.92
Slippage, 4 orders: no order book: not counted
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $11.81
Costs to cover: 0.210%
Break-even: 2.6 days

Slippage unknown: gTrade (Gains Network): no order-book sample; edgeX: live order book, 2 min ago. Net counts fees only.

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 gTrade (Gains Network) no order-book sample	—	—	—	—	—
Sell edgeX live order book, 2 min ago	10.40 bp	15.0 bp −$15	16.7 bp −$167	doesn't fit	doesn't fit

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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/USDlong	L +0.0010% / S −0.0009%	1h	599.83	long leg	$45K	—	150x
Bybit XMRUSDT	+0.0100%	8h	601.24	+0.235%	$49.2M	$62.9M	75x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	600.66	+0.139%	$1.1M	$667K	10x
SunX XMR-USDT	+0.0100%	8h	599.63	−0.033%	$2K	$2.0M	20x	as long as short
Lighter XMR	+0.0112%	1h	600.32	+0.082%	$3.4M	$6.9M	10x	as long as short
Aevo XMR-PERP	+0.0160%	1h	600.04	+0.035%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0275%	1h	600.17	+0.057%	$205K	$575K	20x	as long as short
Binance XMRUSDT	+0.0326%	8h	600.78	+0.158%	$55.0M	$164.2M	75x	as long as short
MEXC XMR_USDT	+0.0326%	8h	600.70	+0.145%	$22.4M	$14.9M	100x	as long as short
Variational Omni XMR	+0.0406%	8h	602.08	+0.375%	$6.9M	$2.6M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0408%	8h	601.18	+0.225%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0430%	8h	600.85	+0.170%	$10.0M	$14.3M	50x	as long as short
BloFin XMR-USDT	+0.0458%	8h	600.40	+0.095%	$2.8M	$11.7M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0458%	1h	599.57	−0.044%	$5.7M	$20.5M	50x	as long as short
Gate XMR_USDT	+0.0512%	8h	600.29	+0.077%	$1.7M	$4.6M	50x	as long as short
Pacifica XMR	+0.0565%	1h	600.51	+0.114%	$282K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0572%	8h	600.29	+0.077%	$49.0M	$26.0M	50x	as long as short
Aster XMRUSDT	+0.0589%	8h	600.74	+0.152%	$692K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0604%	8h	600.70	+0.146%	$352K	$794K	10x	as long as short
Polymarket Perps XMR-USD	+0.0699%	1h	600.87	+0.174%	$23K	$1.8M	5x	as long as short
SoDEX XMR-USD	+0.0710%	1h	600.71	+0.147%	$457K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0858%	8h	600.45	+0.104%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0888% / S −0.2517%	1h	599.77	−0.010%	$570K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0942%	8h	600.37	+0.090%	$44K	$729K	10x	as long as short
Nado XMR-PERP	+0.1139%	1h	600.35	+0.087%	$1.3M	$475K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.511%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1647%	1h	601.57	+0.290%	$90.7M	$70.3M	5x	as long as short
Extended XMR-USD	+0.1760%	1h	600.61	+0.131%	$3.2M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1990%	8h	600.03	+0.034%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2322%	1h	600.78	+0.159%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.2654%	1h	599.72	−0.018%	$109K	$50K	5x	as long as short