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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h −0.130%
Price spread now: Bitget against Hyperliquid−0.065%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.277%−$28 on $10k
Price spread, last 7 days+0.109%+$11 · spread now −0.065%, 7d avg +0.034%
Together, before fees−0.167%+ Points / potential airdropHyperliquid: Season 2 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.100% cheaper against Hyperliquid than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XMR580.250.0649pay 0.0081% / 1h50m 31s$87.3M$70.9M5x
ShortBitget XMRUSDT579.870.0573get 0.0573% / 8h4h 50m$9.5M$13.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Hyperliquid. 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
−$15.92
Price spread: −0.065% → +0.034%
−$9.96
Slippage, 4 orders
−$21.78
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$68.66
Costs to cover
0.428%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 3 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 3 min ago0.43 bp10.8 bp −$11doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago4.22 bp13.0 bp −$1319.7 bp −$19772.7 bp −$7,272doesn't fit

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
Injective XMR/USDC PERP−0.0136%1h582.55+0.396%$3K$3K12xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0010%1h579.37−0.151%$45K150xas long as short
Lighter XMR+0.0096%1h579.57−0.117%$3.2M$7.3M10xas long as short
edgeX XMRUSDC+0.0100%4h581.11+0.148%$1.0M$655K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h580.01−0.041%$32K$2.1M5xas long as short
SunX XMR-USDT+0.0100%8h579.47−0.134%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h580.00−0.043%$1.1M$1.6M20xas long as short
Kraken Futures PF_XMRUSD+0.0148%1h579.00−0.216%$5.5M$19.6M50xas long as short
Aevo XMR-PERP+0.0200%1h580.31+0.010%$12K3xas long as short
dYdX XMR-USD+0.0417%1h580.10−0.026%$105K$44K5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XMRUSDT+0.0424%8h579.69−0.097%$47.1M$63.7M75xas long as short
Backpack XMR_USDC_PERP+0.0450%1h579.60−0.112%$170K$534K20xas long as short
Gate XMR_USDT+0.0475%8h579.66−0.102%$1.6M$4.4M50xas long as short
MEXC XMR_USDT+0.0491%8h579.73−0.090%$20.6M$14.9M100xas long as short
Binance XMRUSDT+0.0491%8h579.70−0.095%$52.8M$164.5M75xas long as short
BingX XMR-USDT+0.0555%8h579.98−0.047%$5.6Mas long as short
Bitget XMRUSDTshort+0.0573%8h579.87−0.065%$9.5M$13.8M50x
Pacifica XMR+0.0626%1h580.06−0.033%$267K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0630%8h579.79−0.079%$47.6M$25.1M50xas long as short
Hyperliquid XMRlong+0.0649%1h580.25long leg$87.3M$70.9M5x
Nado XMR-PERP+0.0673%1h580.23−0.004%$1.3M$463K10xas long as short
SoDEX XMR-USD+0.0679%1h580.21−0.007%$441K$3K5xas long as short
Aster XMRUSDT+0.0698%8h580.00−0.043%$651K$2.4M75xas long as short
BloFin XMR-USDT+0.0752%8h580.44+0.033%$2.7M$11.3M75xas long as short
Paradex XMR-USD-PERP+0.0821%8h580.32+0.012%$8K$4K20xas long as short
Extended XMR-USD+0.0824%1h579.82−0.074%$3.1M$8.3M25xas long as short
GRVT XMR_USDT_Perp+0.0872%8h581.14+0.153%$337K$741K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0992% / S −0.1252%1h579.43−0.142%$596K100xas long as short
Variational Omni XMR+0.1037%8h580.03−0.037%$6.6M$2.3Mas long as short
Orderly PERP_XMR_USDC+0.1105%8h580.07−0.031%$41K$720K10xas long as short
Aftermath Perps XMRUSD+0.2312%1h580.81+0.097%$1K$45K10xas long as short