Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0397%/8h= −43.5% APRpaid last 24h −0.179%

Price spread now: edgeX against Gate+0.076%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$134as in the Funding arb table

Net, price: spread back to 7d avg − costs−$70as in the Price arb table

costs, in and out, $10k−$720.722% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.613%−$61 on $10k

Price spread, last 7 days−0.038%−$4 · spread now +0.076%, 7d avg +0.054%

Together, before fees−0.651%+ Points / potential airdropedgeX: Active · farm board−$65 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.021% dearer against Gate than usual: you sell high and buy low (spread +0.076% now, against its 7-day average of +0.054%): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XMR_USDT	572.90	0.0497	pay 0.0497% / 8h	3h 27m	$1.6M	$4.5M	50x
Short	edgeX XMRUSDC	573.33	0.0100	get 0.0050% / 4h	3h 27m	$1.0M	$642K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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 GatebpFee edgeXbpOrdersPrice spread, now +0.076%Rate

Funding earned: −$83.37
Price spread: +0.076% → +0.054%: $2.13
Slippage, 4 orders: −$48.23
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$153.47
Costs to cover: 0.722%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; edgeX: live order book, 2 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 Gate live order book, 1 min ago	2.53 bp	17.8 bp −$18	55.4 bp −$554	doesn't fit	doesn't fit
Sell edgeX live order book, 2 min ago	10.64 bp	15.2 bp −$15	16.6 bp −$166	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	571.87	−0.180%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.684%	$3K	$3K	12x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	573.33	+0.076%	$1.0M	$642K	10x
SunX XMR-USDT	+0.0100%	8h	572.61	−0.051%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	571.01	−0.330%	$1.1M	$1.6M	20x	as long as short
Paradex XMR-USD-PERP	+0.0189%	8h	573.27	+0.065%	$8K	$4K	20x	as long as short
Aevo XMR-PERP	+0.0216%	1h	573.16	+0.045%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0226%	1h	571.97	−0.162%	$5.4M	$19.5M	50x	as long as short
KuCoin XMRUSDTM	+0.0328%	8h	572.53	−0.065%	$45.0M	$26.4M	50x	as long as short
Gate XMR_USDTlong	+0.0497%	8h	572.90	long leg	$1.6M	$4.5M	50x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0522%	8h	573.07	+0.030%	$9.4M	$13.5M	50x	as long as short
MEXC XMR_USDT	+0.0552%	8h	573.10	+0.035%	$19.8M	$14.7M	100x	as long as short
Binance XMRUSDT	+0.0553%	8h	572.98	+0.014%	$52.3M	$163.6M	75x	as long as short
BingX XMR-USDT	+0.0560%	8h	573.19	+0.051%	—	$5.6M	—	as long as short
Lighter XMR	+0.0560%	1h	572.91	+0.002%	$3.1M	$7.5M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0569%	1h	572.82	−0.014%	$169K	$533K	20x	as long as short
Bybit XMRUSDT	+0.0616%	8h	572.96	+0.010%	$46.7M	$64.4M	75x	as long as short
Extended XMR-USD	+0.0648%	1h	572.98	+0.015%	$3.1M	$8.3M	25x	as long as short
Pacifica XMR	+0.0682%	1h	573.10	+0.035%	$266K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0702%	8h	572.68	−0.038%	$634K	$2.3M	75x	as long as short
Polymarket Perps XMR-USD	+0.0749%	1h	572.75	−0.026%	$25K	$2.2M	5x	as long as short
BloFin XMR-USDT	+0.0911%	8h	572.50	−0.070%	$2.7M	$11.1M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0952%	8h	573.58	+0.118%	$337K	$726K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1238%	1h	571.79	−0.194%	$592K	—	100x	as long as short
Nado XMR-PERP	+0.1077%	1h	573.05	+0.026%	$1.3M	$458K	10x	as long as short
Variational Omni XMR	+0.1120%	8h	574.77	+0.327%	$6.4M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1127%	8h	572.96	+0.010%	$40K	$735K	10x	as long as short
dYdX XMR-USD	+0.1168%	1h	572.17	−0.127%	$104K	$44K	5x	as long as short
Hyperliquid XMR	+0.1235%	1h	572.97	+0.013%	$86.3M	$71.3M	5x	as long as short
SoDEX XMR-USD	+0.1382%	1h	573.18	+0.049%	$436K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1933%	1h	572.84	−0.010%	$1K	$44K	10x	as long as short