Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0664%/8h= +72.8% APRpaid last 24h +0.099%

Price spread now: Nado against Gate+0.093%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$700.704% of the position

Long on Gate Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.325%+$32 on $10k

Price spread, last 7 days−0.187%−$19 · spread now +0.093%, 7d avg +0.080%

Together, before fees+0.138%+ Points / potential airdropNado: Active · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.080%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate XMR_USDT	591.73	0.0472	pay 0.0472% / 8h	22m 16s	$1.6M	$4.6M	50x
Short	Nado XMR-PERP	592.28	0.1136	get 0.0142% / 1h	22m 16s	$1.3M	$477K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.093%Rate

Funding earned: $139.54
Price spread: +0.093% → +0.080%: $1.31
Slippage, 4 orders: −$48.39
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $70.46
Costs to cover: 0.704%
Break-even: 3.5 days

Slippage from Gate: live order book, 1 min ago; Nado: live order book, 1 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	8.02 bp	26.7 bp −$27	43.5 bp −$435	doesn't fit	doesn't fit
Sell Nado live order book, 1 min ago	8.27 bp	12.0 bp −$12	34.1 bp −$341	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	591.09	−0.109%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	592.53	+0.135%	$48.4M	$63.7M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	594.12	+0.404%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	591.64	−0.015%	$2K	$2.0M	20x	as long as short
Lighter XMR	+0.0128%	1h	592.00	+0.045%	$3.4M	$7.0M	10x	as long as short
Aevo XMR-PERP	+0.0160%	1h	592.05	+0.055%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0203%	1h	591.66	−0.012%	$201K	$577K	20x	as long as short
MEXC XMR_USDT	+0.0305%	8h	592.20	+0.079%	$22.0M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0306%	8h	592.45	+0.122%	$54.3M	$165.2M	75x	as long as short
BingX XMR-USDT	+0.0413%	8h	592.41	+0.115%	—	$5.8M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0439%	8h	592.73	+0.169%	$9.7M	$14.5M	50x	as long as short
BloFin XMR-USDT	+0.0441%	8h	592.62	+0.150%	$2.8M	$11.6M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0465%	1h	591.06	−0.113%	$5.6M	$20.5M	50x	as long as short
Variational Omni XMR	+0.0466%	8h	595.11	+0.571%	$6.9M	$2.6M	—	as long as short
Gate XMR_USDTlong	+0.0472%	8h	591.73	long leg	$1.6M	$4.6M	50x
KuCoin XMRUSDTM	+0.0555%	8h	591.85	+0.020%	$48.4M	$26.1M	50x	as long as short
Pacifica XMR	+0.0565%	1h	592.27	+0.091%	$278K	$1.1M	10x	as long as short
Aster XMRUSDT	+0.0577%	8h	591.86	+0.021%	$674K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0586%	8h	594.80	+0.519%	$349K	$794K	10x	as long as short
Polymarket Perps XMR-USD	+0.0734%	1h	592.50	+0.130%	$21K	$1.7M	5x	as long as short
Paradex XMR-USD-PERP	+0.0830%	8h	592.12	+0.066%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.0830%	1h	592.33	+0.101%	$450K	$3K	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0870% / S −0.2449%	1h	591.09	−0.109%	$549K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0949%	8h	592.43	+0.118%	$41K	$732K	10x	as long as short
Nado XMR-PERPshort	+0.1136%	1h	592.28	+0.093%	$1.3M	$477K	10x
Injective XMR/USDC PERP	+0.1312%	1h	596.76	+0.850%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1647%	1h	592.77	+0.176%	$89.1M	$71.5M	5x	as long as short
Extended XMR-USD	+0.1784%	1h	592.21	+0.081%	$3.2M	$7.0M	25x	as long as short
HTX XMR-USDT	+0.1905%	8h	592.40	+0.113%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2289%	1h	593.71	+0.335%	$2K	$46K	10x	as long as short
dYdX XMR-USD	+0.2299%	1h	591.11	−0.105%	$107K	$50K	5x	as long as short