Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0559%/8h= −61.2% APRpaid last 24h −0.169%

Price spread now: edgeX against Pacifica−0.093%7-day average +0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$97as in the Funding arb table

Net, price: spread back to 7d avg − costs−$67as in the Price arb table

costs, in and out, $10k−$550.547% of the position

Long on Pacifica Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.419%−$42 on $10k

Price spread, last 3 days (all we have)+0.417%+$42 · spread now −0.093%, 7d avg +0.026%

Together, before fees−0.001%+ Points / potential airdropPacifica: Active · edgeX: Active · farm board$0 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and edgeX is 0.119% cheaper against Pacifica than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.026%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XMR	592.75	0.0659	pay 0.0082% / 1h	34m 48s	$278K	$1.1M	10x
Short	edgeX XMRUSDC	592.20	0.0100	get 0.0050% / 4h	3h 34m	$1.1M	$659K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Pacifica. 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 PacificabpFee edgeXbpOrdersPrice spread, now −0.093%Rate

Funding earned: −$117.36
Price spread: −0.093% → +0.026%: −$11.93
Slippage, 4 orders: −$37.7
Fee Pacifica: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$183.99
Costs to cover: 0.547%
Break-even: never at this rate

Slippage from Pacifica: live order book, 4 min ago; edgeX: live order book, 4 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 Pacifica live order book, 4 min ago	2.44 bp	10.7 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	10.87 bp	15.4 bp −$15	16.3 bp −$163	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	591.47	−0.216%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.677%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0076%	1h	591.47	−0.216%	$107K	$50K	5x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	592.20	−0.093%	$1.1M	$659K	10x
SunX XMR-USDT	+0.0100%	8h	591.93	−0.138%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	591.96	−0.133%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0184%	1h	592.87	+0.021%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0422%	8h	592.96	+0.035%	$21.6M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0425%	8h	592.80	+0.008%	$54.2M	$166.9M	75x	as long as short
Bitget XMRUSDT	+0.0522%	8h	593.15	+0.067%	$9.8M	$14.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0608%	8h	592.66	−0.015%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0637%	8h	592.41	−0.057%	$655K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0643%	1h	591.78	−0.163%	$5.6M	$20.5M	50x	as long as short
Pacifica XMRlong	+0.0659%	1h	592.75	long leg	$278K	$1.1M	10x
KuCoin XMRUSDTM	+0.0676%	8h	592.50	−0.042%	$48.6M	$26.1M	50x	as long as short
Variational Omni XMR	+0.0813%	8h	593.30	+0.093%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0872% / S −0.2452%	1h	591.59	−0.195%	$550K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.0975%	1h	592.45	−0.051%	$201K	$526K	20x	as long as short
Gate XMR_USDT	+0.1007%	8h	592.53	−0.037%	$1.6M	$4.6M	50x	as long as short
Orderly PERP_XMR_USDC	+0.1027%	8h	592.79	+0.007%	$42K	$738K	10x	as long as short
Paradex XMR-USD-PERP	+0.1170%	8h	592.48	−0.046%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1248%	1h	592.85	+0.017%	$3.3M	$7.1M	10x	as long as short
Polymarket Perps XMR-USD	+0.1317%	1h	592.65	−0.017%	$48K	$1.9M	5x	as long as short
GRVT XMR_USDT_Perp	+0.1340%	8h	593.01	+0.044%	$350K	$804K	10x	as long as short
Nado XMR-PERP	+0.1387%	1h	592.68	−0.012%	$1.3M	$467K	10x	as long as short
SoDEX XMR-USD	+0.1447%	1h	592.94	+0.032%	$451K	$3K	5x	as long as short
BingX XMR-USDT	+0.1447%	8h	592.72	−0.005%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1458%	8h	592.98	+0.039%	$47.8M	$64.5M	75x	as long as short
Hyperliquid XMR	+0.2149%	1h	593.25	+0.084%	$89.9M	$72.5M	5x	as long as short
Extended XMR-USD	+0.2456%	1h	592.84	+0.016%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2558%	1h	591.94	−0.136%	$1K	$46K	10x	as long as short