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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0835%/8h= +91.4% APRpaid last 24h +0.027%
Price spread now: Paradex against Hyperliquid+0.316%7-day average · 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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHyperliquid: Season 2 · Paradex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Paradex is 0.316% dearer against Hyperliquid than usual: you sell high and buy low: +$32 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XMR584.840.0356pay 0.0044% / 1h59m 20s$88.3M$73.1M5x
ShortParadex XMR-USD-PERP586.690.1191get 0.1191% / 8h5h 59m$8K$4K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$175.27
Price spread: +0.316% → 0.000%
$31.56
Slippage, 4 orders
no order book: not counted
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Paradex: 2 bp × 2 orders
−$4
Net
$193.83
Costs to cover
0.130%
Break-even
from the start
Slippage unknown: Hyperliquid: live order book, 4 min ago; Paradex: no order-book sample. 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 Hyperliquid live order book, 4 min ago1.36 bp9.8 bp −$10doesn't fitdoesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 30 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 −0.0010%1h584.38−0.078%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+2.038%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h586.49+0.282%$1.0M$670K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h585.54+0.120%$31K$2.1M5xas long as short
SunX XMR-USDT+0.0100%8h586.04+0.205%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h585.95+0.190%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h585.70+0.147%$12K3xas long as short
Hyperliquid XMRlong+0.0356%1h584.84long leg$88.3M$73.1M5x
dYdX XMR-USD+0.0396%1h585.60+0.130%$106K$50K5xas long as short
MEXC XMR_USDT+0.0520%8h585.05+0.036%$20.8M$15.1M100xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0520%8h585.69+0.145%$53.4M$167.9M75xas long as short
Lighter XMR+0.0536%1h584.92+0.015%$3.3M$7.1M10xas long as short
Bitget XMRUSDT+0.0620%8h584.94+0.017%$9.6M$14.2M50xas long as short
Nado XMR-PERP+0.0665%1h585.23+0.067%$1.3M$466K10xas long as short
Aster XMRUSDT+0.0709%8h585.87+0.177%$653K$2.4M75xas long as short
SoDEX XMR-USD+0.0735%1h585.54+0.120%$445K$3K5xas long as short
BingX XMR-USDT+0.0757%8h585.58+0.127%$5.8Mas long as short
Bybit XMRUSDT+0.0765%8h585.42+0.099%$47.4M$65.0M75xas long as short
KuCoin XMRUSDTM+0.0781%8h585.16+0.055%$48.0M$26.1M50xas long as short
Gate XMR_USDT+0.0793%8h584.86+0.003%$1.6M$4.5M50xas long as short
Pacifica XMR+0.0821%1h586.61+0.303%$270K$1.1M10xas long as short
Backpack XMR_USDC_PERP+0.0870%1h585.87+0.176%$173K$539K20xas long as short
Kraken Futures PF_XMRUSD+0.0955%1h584.02−0.139%$5.5M$20.5M50xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0968% / S −0.1236%1h584.34−0.086%$652K100xas long as short
Variational Omni XMR+0.1060%8h586.46+0.277%$6.7M$2.5Mas long as short
GRVT XMR_USDT_Perp+0.1061%8h586.38+0.264%$343K$773K10xas long as short
Orderly PERP_XMR_USDC+0.1081%8h585.50+0.113%$42K$736K10xas long as short
Paradex XMR-USD-PERPshort+0.1191%8h586.69+0.316%$8K$4K20x
Extended XMR-USD+0.1704%1h585.43+0.101%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2660%1h586.20+0.233%$1K$46K10xas long as short