Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0193%/8h= −21.2% APRpaid last 24h −0.606%

Price spread now: Extended against HTX+0.024%7-day average +0.287% · you sell dearer than you buy

Net, funding: paid 7d − costs−$282as in the Funding arb table

Net, price: spread back to 7d avg − costs−$164as in the Price arb table

costs, in and out, $10k−$1371.374% of the position

Long on HTX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−1.446%−$145 on $10k

Price spread, last 3 days (all we have)+0.684%+$68 · spread now +0.024%, 7d avg +0.287%

Together, before fees−0.762%+ Points / potential airdropExtended: Active · farm board−$76 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Extended is 0.263% cheaper against HTX than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.287%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	594.00	0.1945	pay 0.1945% / 8h	25m 51s	$1.1M	$1.5M	20x
Short	Extended XMR-USD	594.14	0.1752	get 0.0219% / 1h	25m 51s	$3.2M	$6.9M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against HTX. 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 HTXbpFee ExtendedbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$40.61
Price spread: +0.024% → +0.287%: −$26.28
Slippage, 4 orders: −$120.44
Fee HTX: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$204.33
Costs to cover: 1.374%
Break-even: never at this rate

Slippage from HTX: live order book, 3 min ago; Extended: live order book, 3 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 HTX live order book, 3 min ago	6.31 bp	55.3 bp −$55	346.4 bp −$3,464	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	2.59 bp	6.2 bp −$6	11.2 bp −$112	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	593.42	−0.098%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	594.43	+0.072%	$48.6M	$63.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	598.05	+0.682%	$1.1M	$662K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	593.95	−0.008%	$2K	$2.0M	20x	as long as short
Lighter XMR	+0.0104%	1h	594.03	+0.005%	$3.4M	$6.9M	10x	as long as short
Aevo XMR-PERP	+0.0160%	1h	594.58	+0.097%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0169%	1h	593.71	−0.049%	$202K	$575K	20x	as long as short
Binance XMRUSDT	+0.0308%	8h	594.28	+0.048%	$54.4M	$164.8M	75x	as long as short
MEXC XMR_USDT	+0.0311%	8h	594.20	+0.034%	$22.1M	$15.0M	100x	as long as short
BingX XMR-USDT	+0.0415%	8h	594.40	+0.067%	—	$5.7M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0435%	8h	594.29	+0.049%	$9.8M	$14.5M	50x	as long as short
BloFin XMR-USDT	+0.0438%	8h	594.67	+0.113%	$2.8M	$11.6M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0463%	1h	593.13	−0.146%	$5.6M	$20.5M	50x	as long as short
Variational Omni XMR	+0.0466%	8h	595.11	+0.187%	$6.9M	$2.6M	—	as long as short
Gate XMR_USDT	+0.0481%	8h	593.84	−0.027%	$1.6M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0564%	8h	593.51	−0.082%	$48.5M	$26.0M	50x	as long as short
Pacifica XMR	+0.0565%	1h	594.75	+0.126%	$279K	$1.1M	10x	as long as short
Aster XMRUSDT	+0.0581%	8h	593.99	−0.001%	$677K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0594%	8h	598.53	+0.763%	$351K	$794K	10x	as long as short
Polymarket Perps XMR-USD	+0.0696%	1h	594.94	+0.158%	$21K	$1.7M	5x	as long as short
SoDEX XMR-USD	+0.0749%	1h	594.44	+0.074%	$452K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0828%	8h	594.81	+0.137%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0872% / S −0.2449%	1h	593.28	−0.122%	$552K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0948%	8h	594.24	+0.040%	$43K	$729K	10x	as long as short
Nado XMR-PERP	+0.1137%	1h	594.79	+0.133%	$1.3M	$476K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	+0.465%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1650%	1h	594.85	+0.143%	$89.8M	$71.1M	5x	as long as short
Extended XMR-USDshort	+0.1752%	1h	594.14	+0.024%	$3.2M	$6.9M	25x
HTX XMR-USDTlong	+0.1945%	8h	594.00	long leg	$1.1M	$1.5M	20x
Aftermath Perps XMRUSD	+0.2293%	1h	596.22	+0.374%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.2497%	1h	593.35	−0.109%	$108K	$50K	5x	as long as short