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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1073%/8h= −117.5% APRpaid last 24h −0.334%
Price spread now: edgeX against Orderly−0.206%49s7-day average +0.027% · you buy dearer than you sell
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 7 days−1.168%−$117 on $10k
Price spread, last 4 days (all we have)+0.272%+$27 · spread now −0.206%, 7d avg +0.027%
Together, before fees−0.896%+ Points / potential airdropedgeX: Active · farm board−$90 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and edgeX is 0.233% cheaper against Orderly than usual: you would sell low and buy high (−$23 if the spread goes back to its 7-day average of +0.027%). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XMR_USDC578.780.1173pay 0.1173% / 8h59m 39s$41K$522K10x
ShortedgeX XMRUSDC577.590.0100get 0.0050% / 4h59m 39s$1.0M$563K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Orderly. 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
−$225.28
Price spread: −0.206% → +0.027%
−$23.3
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$263.58
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; edgeX: live order book, 4 min ago. 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 Orderly no order-book sample
Sell edgeX live order book, 4 min ago10.14 bp14.6 bp −$1515.4 bp −$154doesn't fitdoesn't fit
Orderly: 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 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%1h578.12−0.114%$33K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+0.651%$3K$3K12xas long as short
edgeX XMRUSDCshort+0.0100%4h577.59−0.206%$1.0M$563K10x
SunX XMR-USDT+0.0100%8h577.12−0.287%$2K$1.4M20xas long as short
HTX XMR-USDT+0.0100%8h579.00+0.038%$1.1M$1.3M20xas long as short
Extended XMR-USD+0.0104%1h577.79−0.172%$3.0M$8.0M25xas long as short
Hyperliquid XMR+0.0147%1h578.63−0.026%$87.7M$63.1M5xas long as short
Lighter XMR+0.0192%1h578.32−0.079%$3.1M$5.8M10xas long as short
Aevo XMR-PERP+0.0232%1h579.15+0.064%$12K3xas long as short
KuCoin XMRUSDTM+0.0295%8h578.23−0.095%$45.7M$20.8M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps XMR-USD+0.0370%1h578.32−0.079%$26K$1.8M5xas long as short
dYdX XMR-USD+0.0434%1h578.38−0.069%$105K$42K5xas long as short
Bybit XMRUSDT+0.0550%8h577.71−0.185%$46.9M$55.2M75xas long as short
Bitget XMRUSDT+0.0567%8h577.97−0.140%$9.6M$11.2M50xas long as short
BingX XMR-USDT+0.0573%8h577.98−0.138%$5.3Mas long as short
MEXC XMR_USDT+0.0591%8h578.00−0.135%$20.3M$11.0M100xas long as short
Binance XMRUSDT+0.0591%8h578.02−0.131%$52.6M$121.6M75xas long as short
Gate XMR_USDT+0.0625%8h578.15−0.109%$1.6M$2.8M50xas long as short
Kraken Futures PF_XMRUSD+0.0628%1h578.08−0.121%$5.5M$12.4M50xas long as short
Paradex XMR-USD-PERP+0.0651%8h578.46−0.056%$8K$3K20xas long as short
Aster XMRUSDT+0.0752%8h578.20−0.100%$646K$1.8M75xas long as short
SoDEX XMR-USD+0.0774%1h578.92+0.024%$440K$3K5xas long as short
Nado XMR-PERP+0.0853%1h578.13−0.113%$1.3M$435K10xas long as short
GRVT XMR_USDT_Perp+0.0940%8h577.61−0.202%$335K$652K10xas long as short
BloFin XMR-USDT+0.0949%8h577.59−0.206%$2.7M$10.6M75xas long as short
Backpack XMR_USDC_PERP+0.0960%1h579.19+0.071%$176K$479K20xas long as short
Pacifica XMR+0.1002%1h578.29−0.084%$274K$846K10xas long as short
Variational Omni XMR+0.1008%8h577.39−0.239%$6.3M$2.3Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1172% / S −0.1566%1h578.20−0.101%$599K100xas long as short
Orderly PERP_XMR_USDClong+0.1173%8h578.78long leg$41K$522K10x
Aftermath Perps XMRUSD+0.1808%1h577.75−0.177%$1K$41K10xas long as short