Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0592%/8h= +64.8% APRnext payment +$0.74 per $10,000 · paid last 24h +0.141%
Price spread now: Nado against GMX+0.263%7-day average +0.185% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.318%+$32 on $10k
Price spread, last 3 days (all we have)−0.095%−$10 · spread now +0.263%, 7d avg +0.185%
Together, before fees+0.222%+ Points / potential airdropNado: Active · farm board+$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and Nado is 0.078% dearer against GMX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.185%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGMX XMR/USD [WBTC.b-USDC]588.85L +0.0869% / S −0.2452%pay 0.0109% / 1h50m 17s$548K100x
ShortNado XMR-PERP590.400.1461get 0.0183% / 1h50m 17s$1.3M$470K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against GMX. 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
$124.22
Price spread: +0.263% → +0.185%
$7.81
Slippage, 4 orders
no order book: not counted
Fee GMX: 6 bp × 2 orders
−$12
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$113.03
Costs to cover
0.190%
Break-even
0.6 days
Slippage unknown: GMX: no order-book sample; Nado: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GMX no order-book sample
Sell Nado live order book, 3 min ago5.40 bp11.4 bp −$1133.0 bp −$330doesn't fitdoesn't fit
GMX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h588.99+0.024%$45K150xas long as short
dYdX XMR-USD+0.0024%1h589.21+0.060%$107K$50K5xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.343%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h592.61+0.638%$1.1M$658K10xas long as short
SunX XMR-USDT+0.0100%8h589.38+0.090%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h590.36+0.256%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0176%1h590.02+0.198%$12K3xas long as short
MEXC XMR_USDT+0.0387%8h590.36+0.256%$21.5M$15.1M100xas long as short
Binance XMRUSDT+0.0388%8h590.31+0.248%$54.0M$166.4M75xas long as short
Bitget XMRUSDT+0.0493%8h590.21+0.231%$9.7M$14.6M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XMR-USDT+0.0560%8h590.60+0.297%$2.7M$11.6M75xas long as short
Aster XMRUSDT+0.0619%8h590.19+0.227%$641K$2.5M75xas long as short
KuCoin XMRUSDTM+0.0628%8h589.79+0.160%$48.2M$26.2M50xas long as short
Kraken Futures PF_XMRUSD+0.0646%1h588.80−0.009%$5.6M$20.6M50xas long as short
Pacifica XMR+0.0659%1h590.37+0.258%$275K$1.1M10xas long as short
Variational Omni XMR+0.0711%8h590.83+0.337%$6.8M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]longL +0.0869% / S −0.2452%1h588.85long leg$548K100x
Backpack XMR_USDC_PERP+0.0895%1h589.72+0.148%$200K$555K20xas long as short
Gate XMR_USDT+0.0948%8h590.08+0.209%$1.7M$4.6M50xas long as short
Orderly PERP_XMR_USDC+0.1000%8h590.01+0.197%$42K$734K10xas long as short
Paradex XMR-USD-PERP+0.1032%8h590.12+0.216%$8K$4K20xas long as short
Lighter XMR+0.1320%1h590.26+0.240%$3.3M$7.1M10xas long as short
SoDEX XMR-USD+0.1357%1h590.05+0.204%$448K$3K5xas long as short
Nado XMR-PERPshort+0.1461%1h590.40+0.263%$1.3M$470K10x
Polymarket Perps XMR-USD+0.1498%1h590.30+0.246%$47K$2.0M5xas long as short
BingX XMR-USDT+0.1630%8h590.48+0.277%$5.8Mas long as short
Bybit XMRUSDT+0.1694%8h590.35+0.255%$47.9M$64.4M75xas long as short
GRVT XMR_USDT_Perp+0.1732%8h592.18+0.565%$347K$795K10xas long as short
Extended XMR-USD+0.2296%1h590.02+0.199%$3.2M$7.1M25xas long as short
Hyperliquid XMR+0.2321%1h590.35+0.255%$89.2M$72.6M5xas long as short
Aftermath Perps XMRUSD+0.2474%1h590.38+0.260%$2K$46K10xas long as short