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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0703%/8h= +77.0% APRnext payment +$0.88 per $10,000 · paid last 24h +0.147%
Price spread now: Nado against Lighter−0.218%7-day average +0.047% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$360.358% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.538%+$54 on $10k
Price spread, last 7 days+0.355%+$35 · spread now −0.218%, 7d avg +0.047%
Together, before fees+0.893%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$89 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.265% cheaper against Lighter than usual: you would sell low and buy high (spread −0.218% now, against its 7-day average of +0.047%). If the spread goes back, that is −$27 on $10k: about 30 hours of funding at the current rate (+$21 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter XMR577.570.0248pay 0.0031% / 1h19m 02s$3.1M$6.2M10x
ShortNado XMR-PERP576.310.0951get 0.0119% / 1h19m 02s$1.3M$438K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Lighter. 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
$147.73
Price spread: −0.218% → +0.047%
−$26.53
Slippage, 4 orders
−$28.78
Fee Lighter: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
$85.42
Costs to cover
0.358%
Break-even
3.0 days
Slippage from Lighter: live order book, 9 min ago; Nado: live order book, 4 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 Lighter live order book, 9 min ago2.96 bp3.0 bp −$318.5 bp −$185113.0 bp −$11.3Kdoesn't fit
Sell Nado live order book, 4 min ago9.56 bp13.1 bp −$1332.6 bp −$326doesn't fitdoesn'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
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0004%1h574.21−0.580%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+0.863%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h575.40−0.375%$1.0M$583K10xas long as short
SunX XMR-USDT+0.0100%8h576.54−0.178%$2K$1.4M20xas long as short
HTX XMR-USDT+0.0100%8h576.00−0.271%$1.1M$1.4M20xas long as short
Aevo XMR-PERP+0.0240%1h576.72−0.147%$12K3xas long as short
Lighter XMRlong+0.0248%1h577.57long leg$3.1M$6.2M10x
Extended XMR-USD+0.0272%1h577.57+0.001%$3.0M$8.2M25xas long as short
KuCoin XMRUSDTM+0.0323%8h577.14−0.074%$45.6M$22.0M50xas long as short
Polymarket Perps XMR-USD+0.0505%1h576.32−0.216%$25K$1.9M5xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XMR-USD+0.0523%1h575.30−0.392%$104K$43K5xas long as short
Bitget XMRUSDT+0.0591%8h577.85+0.049%$9.6M$11.4M50xas long as short
BingX XMR-USDT+0.0600%8h577.86+0.051%$5.4Mas long as short
Bybit XMRUSDT+0.0616%8h577.34−0.039%$46.9M$56.9M75xas long as short
MEXC XMR_USDT+0.0623%8h577.95+0.066%$20.2M$14.5M100xas long as short
Binance XMRUSDT+0.0623%8h577.70+0.023%$52.6M$127.4M75xas long as short
Kraken Futures PF_XMRUSD+0.0630%1h576.80−0.133%$5.4M$13.9M50xas long as short
Gate XMR_USDT+0.0682%8h577.13−0.075%$1.6M$3.3M50xas long as short
Paradex XMR-USD-PERP+0.0769%8h576.57−0.172%$8K$3K20xas long as short
Aster XMRUSDT+0.0787%8h576.80−0.133%$640K$1.9M75xas long as short
Hyperliquid XMR+0.0806%1h577.73+0.028%$87.5M$63.9M5xas long as short
Nado XMR-PERPshort+0.0951%1h576.31−0.218%$1.3M$438K10x
SoDEX XMR-USD+0.0958%1h577.63+0.011%$439K$3K5xas long as short
GRVT XMR_USDT_Perp+0.0984%8h575.35−0.384%$334K$665K10xas long as short
Backpack XMR_USDC_PERP+0.0985%1h577.70+0.023%$176K$487K20xas long as short
BloFin XMR-USDT+0.0992%8h577.80+0.041%$2.7M$10.7M75xas long as short
Pacifica XMR+0.1002%1h575.88−0.292%$268K$876K10xas long as short
Variational Omni XMR+0.1077%8h574.67−0.501%$6.2M$2.4Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1162% / S −0.1551%1h576.07−0.258%$597K100xas long as short
Orderly PERP_XMR_USDC+0.1186%8h577.20−0.063%$41K$562K10xas long as short
Aftermath Perps XMRUSD+0.1882%1h575.21−0.408%$1K$41K10xas long as short