Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0281%/8h= −30.8% APRpaid last 24h −0.183%

Price spread now: edgeX against MEXC−0.522%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$102as in the Price arb table

costs, in and out, $10k−$500.497% of the position

Long on MEXC Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.361%−$36 on $10k

Price spread, last 3 days (all we have)+1.148%+$115 · spread now −0.522%, 7d avg +0.005%

Together, before fees+0.787%+ Points / potential airdropedgeX: Active · farm board+$79 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and edgeX is 0.527% cheaper against MEXC than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of +0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC XMR_USDT	589.50	0.0381	pay 0.0381% / 8h	3h 31m	$22.8M	$15.1M	100x
Short	edgeX XMRUSDC	586.42	0.0100	get 0.0050% / 4h	3h 31m	$1.0M	$673K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against MEXC. 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 MEXCbpFee edgeXbpOrdersPrice spread, now −0.522%Rate

Funding earned: −$59.01
Price spread: −0.522% → +0.005%: −$52.69
Slippage, 4 orders: −$36.71
Fee MEXC: 2 bp × 2 orders: −$4
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$161.41
Costs to cover: 0.497%
Break-even: never at this rate

Slippage from MEXC: live order book, 3 min ago; edgeX: 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 MEXC live order book, 3 min ago	0.68 bp	16.6 bp −$17	29.4 bp −$294	80.4 bp −$8,043	229.0 bp −$114.5K
Sell edgeX live order book, 3 min ago	10.16 bp	14.7 bp −$15	15.4 bp −$154	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	588.65	−0.143%	$46K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	554.47	−5.942%	$3K	$8K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	589.70	+0.034%	$47.2M	$60.3M	75x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	586.42	−0.522%	$1.0M	$673K	10x
SunX XMR-USDT	+0.0100%	8h	587.51	−0.338%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	595.49	+1.016%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0177%	1h	588.27	−0.209%	$5.5M	$20.4M	50x	as long as short
Gate XMR_USDT	+0.0337%	8h	589.22	−0.047%	$1.6M	$4.4M	50x	as long as short
Polymarket Perps XMR-USD	+0.0350%	1h	589.20	−0.051%	$40K	$1.7M	5x	as long as short
Variational Omni XMR	+0.0358%	8h	586.49	−0.510%	$7.0M	$3.1M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDTlong	+0.0381%	8h	589.50	long leg	$22.8M	$15.1M	100x
Binance XMRUSDT	+0.0381%	8h	589.58	+0.013%	$54.3M	$161.5M	75x	as long as short
BingX XMR-USDT	+0.0409%	8h	589.70	+0.034%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0433%	8h	589.69	+0.032%	$9.8M	$14.0M	50x	as long as short
Pacifica XMR	+0.0435%	1h	589.00	−0.085%	$268K	$1.1M	10x	as long as short
BloFin XMR-USDT	+0.0499%	8h	586.35	−0.534%	$2.8M	$11.1M	75x	as long as short
KuCoin XMRUSDTM	+0.0582%	8h	589.13	−0.063%	$49.0M	$25.8M	50x	as long as short
Aster XMRUSDT	+0.0617%	8h	589.01	−0.084%	$666K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0654%	8h	587.37	−0.361%	$341K	$796K	10x	as long as short
Paradex XMR-USD-PERP	+0.0817%	8h	588.96	−0.091%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0833% / S −0.1408%	1h	588.44	−0.180%	$349K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0867%	8h	589.57	+0.012%	$48K	$736K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0890%	1h	588.83	−0.114%	$169K	$530K	20x	as long as short
SoDEX XMR-USD	+0.0969%	1h	589.67	+0.029%	$448K	$4K	5x	as long as short
Lighter XMR	+0.1008%	1h	589.33	−0.029%	$3.5M	$6.5M	10x	as long as short
Nado XMR-PERP	+0.1103%	1h	589.41	−0.015%	$1.3M	$476K	10x	as long as short
Extended XMR-USD	+0.1256%	1h	588.91	−0.100%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1979%	1h	590.19	+0.117%	$84.9M	$63.4M	5x	as long as short
Aftermath Perps XMRUSD	+0.2146%	1h	587.81	−0.286%	$1K	$47K	10x	as long as short
dYdX XMR-USD	+0.2203%	1h	587.57	−0.328%	$107K	$48K	5x	as long as short
HTX XMR-USDT	+0.2386%	8h	587.16	−0.397%	$1.1M	$1.4M	20x	as long as short