Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.1127%/8h= +123.4% APRpaid last 24h −0.013%

Price spread now: Extended against Paradex−0.027%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Paradex Short on Extended

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropParadex: Active · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.027% cheaper against Paradex than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$34 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Paradex XMR-USD-PERP	588.29	0.1265	pay 0.1265% / 8h	7h 05m	$8K	$4K	20x
Short	Extended XMR-USD	588.13	0.2392	get 0.0299% / 1h	5m 10s	$3.1M	$8.0M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Paradex. 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 ParadexbpFee ExtendedbpOrdersPrice spread, now −0.027%Rate

Funding earned: $236.68
Price spread: −0.027% → 0.000%: −$2.73
Slippage, 4 orders: no order book: not counted
Fee Paradex: 2 bp × 2 orders: −$4
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $224.95
Costs to cover: 0.090%
Break-even: 0.3 days

Slippage unknown: Paradex: no order-book sample; Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Paradex no order-book sample	—	—	—	—	—
Sell Extended live order book, 4 min ago	2.46 bp	5.5 bp −$5	12.0 bp −$120	doesn't fit	doesn't fit

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 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	587.07	−0.207%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.440%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	588.69	+0.069%	$1.0M	$662K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	587.57	−0.122%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	587.39	−0.153%	$1.1M	$1.6M	20x	as long as short
dYdX XMR-USD	+0.0122%	1h	587.24	−0.178%	$106K	$50K	5x	as long as short
Aevo XMR-PERP	+0.0192%	1h	588.35	+0.010%	$12K	—	3x	as long as short
Binance XMRUSDT	+0.0437%	8h	588.05	−0.041%	$53.7M	$167.0M	75x	as long as short
MEXC XMR_USDT	+0.0438%	8h	587.99	−0.051%	$21.3M	$15.3M	100x	as long as short
Bitget XMRUSDT	+0.0564%	8h	588.05	−0.041%	$9.7M	$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
Aster XMRUSDT	+0.0632%	8h	588.00	−0.049%	$652K	$2.5M	75x	as long as short
Gate XMR_USDT	+0.0632%	8h	587.69	−0.102%	$1.6M	$4.7M	50x	as long as short
BloFin XMR-USDT	+0.0633%	8h	588.32	+0.005%	$2.7M	$11.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0648%	1h	586.98	−0.222%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	588.51	+0.037%	$270K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0726%	8h	588.01	−0.047%	$48.2M	$26.0M	50x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0885% / S −0.2543%	1h	586.94	−0.229%	$548K	—	100x	as long as short
Variational Omni XMR	+0.0927%	8h	587.94	−0.060%	$6.7M	$2.6M	—	as long as short
GRVT XMR_USDT_Perp	+0.0953%	8h	588.84	+0.094%	$348K	$792K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0986%	1h	587.59	−0.119%	$184K	$535K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1041%	8h	588.08	−0.035%	$43K	$733K	10x	as long as short
Polymarket Perps XMR-USD	+0.1106%	1h	588.16	−0.022%	$48K	$1.9M	5x	as long as short
Lighter XMR	+0.1160%	1h	587.85	−0.074%	$3.3M	$7.2M	10x	as long as short
BingX XMR-USDT	+0.1172%	8h	588.36	+0.012%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1193%	8h	588.19	−0.017%	$47.3M	$64.6M	75x	as long as short
Paradex XMR-USD-PERPlong	+0.1265%	8h	588.29	long leg	$8K	$4K	20x
SoDEX XMR-USD	+0.1271%	1h	588.18	−0.018%	$447K	$3K	5x	as long as short
Nado XMR-PERP	+0.1377%	1h	588.49	+0.034%	$1.3M	$464K	10x	as long as short
Hyperliquid XMR	+0.1881%	1h	588.16	−0.022%	$89.2M	$72.7M	5x	as long as short
Extended XMR-USDshort	+0.2392%	1h	588.13	−0.027%	$3.1M	$8.0M	25x
Aftermath Perps XMRUSD	+0.2641%	1h	588.39	+0.018%	$1K	$46K	10x	as long as short