Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1192%/8h= +130.5% APRpaid last 24h −0.527%

Price spread now: Polymarket Perps against HTX+0.002%7-day average +0.304% · you sell dearer than you buy

Net, funding: paid 7d − costs−$294as in the Funding arb table

Net, price: spread back to 7d avg − costs−$138as in the Price arb table

costs, in and out, $10k−$1071.075% of the position

Long on HTX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−1.863%−$186 on $10k

Price spread, last 3 days (all we have)+0.658%+$66 · spread now +0.002%, 7d avg +0.304%

Together, before fees−1.205%−$121 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.302% cheaper against HTX than usual: you would sell low and buy high (spread +0.002% now, against its 7-day average of +0.304%). If the spread goes back, that is −$30 on $10k: about 20 hours of funding at the current rate (+$36 a day). Mind the row above: over the last 7 days funding on this pair cost −1.863%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX XMR-USDT	591.69	0.0100	pay 0.0100% / 8h	7h 32m	$1.1M	$1.5M	20x
Short	Polymarket Perps XMR-USD	591.70	0.1292	get 0.0161% / 1h	32m 56s	$48K	$1.9M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.002%Rate

Funding earned: $250.29
Price spread: +0.002% → +0.304%: −$30.19
Slippage, 4 orders: −$87.48
Fee HTX: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: $112.62
Costs to cover: 1.075%
Break-even: 3.9 days

Slippage from HTX: live order book, 1 min ago; Polymarket Perps: 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 HTX live order book, 1 min ago	20.74 bp	44.1 bp −$44	362.2 bp −$3,622	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	3.13 bp	7.1 bp −$7	7.2 bp −$72	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	590.39	−0.219%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.857%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0070%	1h	589.90	−0.303%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.73	+0.176%	$1.1M	$661K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	591.17	−0.088%	$2K	$2.0M	20x	as long as short
HTX XMR-USDTlong	+0.0100%	8h	591.69	long leg	$1.1M	$1.5M	20x
Aevo XMR-PERP	+0.0184%	1h	591.82	+0.022%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0426%	8h	591.77	+0.014%	$21.5M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0426%	8h	591.66	−0.005%	$54.1M	$166.8M	75x	as long as short
Bitget XMRUSDT	+0.0528%	8h	591.77	+0.014%	$9.7M	$14.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0608%	8h	591.42	−0.046%	$2.7M	$11.6M	75x	as long as short
Aster XMRUSDT	+0.0636%	8h	591.26	−0.073%	$655K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0644%	1h	590.57	−0.189%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	591.45	−0.041%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0681%	8h	591.70	+0.002%	$48.6M	$26.1M	50x	as long as short
Variational Omni XMR	+0.0813%	8h	593.30	+0.273%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0871% / S −0.2452%	1h	590.26	−0.241%	$549K	—	100x	as long as short
Gate XMR_USDT	+0.0917%	8h	591.01	−0.115%	$1.6M	$4.6M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0979%	1h	591.20	−0.083%	$200K	$526K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1031%	8h	591.59	−0.017%	$42K	$738K	10x	as long as short
Paradex XMR-USD-PERP	+0.1185%	8h	591.02	−0.113%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1224%	1h	591.67	−0.003%	$3.3M	$7.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1256%	8h	593.00	+0.221%	$350K	$804K	10x	as long as short
Polymarket Perps XMR-USDshort	+0.1292%	1h	591.70	+0.002%	$48K	$1.9M	5x
Nado XMR-PERP	+0.1419%	1h	591.57	−0.021%	$1.3M	$467K	10x	as long as short
SoDEX XMR-USD	+0.1436%	1h	591.66	−0.005%	$450K	$3K	5x	as long as short
BingX XMR-USDT	+0.1447%	8h	591.81	+0.020%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1454%	8h	591.77	+0.014%	$47.7M	$64.6M	75x	as long as short
Hyperliquid XMR	+0.2128%	1h	591.98	+0.049%	$89.8M	$72.5M	5x	as long as short
Extended XMR-USD	+0.2472%	1h	591.60	−0.015%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2575%	1h	592.08	+0.066%	$1K	$46K	10x	as long as short