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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.1122%/8h= +122.9% APRpaid last 24h −0.034%
Price spread now: Hyperliquid against Paradex+0.035%7-day average · you sell dearer than you buy
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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · Hyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$34 a day on $10k at the current rate, and Hyperliquid is 0.035% dearer against Paradex than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongParadex XMR-USD-PERP596.520.0860pay 0.0860% / 8h1h 25m$8K$4K20x
ShortHyperliquid XMR596.730.1982get 0.0248% / 1h25m 42s$88.9M$68.7M5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hyperliquid 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

Funding earned
$235.65
Price spread: +0.035% → 0.000%
$3.53
Slippage, 4 orders
no order book: not counted
Fee Paradex: 2 bp × 2 orders
−$4
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Net
$226.18
Costs to cover
0.130%
Break-even
0.3 days
Slippage unknown: Paradex: no order-book sample; Hyperliquid: live order book, 8 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 Paradex no order-book sample
Sell Hyperliquid live order book, 8 min ago0.08 bp4.6 bp −$54.6 bp −$46doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h597.03+0.086%$45K150xas long as short
Bybit XMRUSDT+0.0100%8h596.70+0.030%$48.4M$61.6M75xas long as short
edgeX XMRUSDC+0.0100%4h597.16+0.108%$1.1M$663K10xas long as short
SunX XMR-USDT+0.0100%8h597.26+0.124%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0160%1h598.17+0.277%$12K3xas long as short
Variational Omni XMR+0.0269%8h595.77−0.126%$6.9M$2.6Mas long as short
MEXC XMR_USDT+0.0331%8h596.50−0.003%$22.3M$15.0M100xas long as short
Binance XMRUSDT+0.0331%8h596.47−0.009%$54.7M$163.0M75xas long as short
Kraken Futures PF_XMRUSD+0.0381%1h596.91+0.065%$5.7M$20.4M50xas long as short
Pacifica XMR+0.0387%1h596.53+0.002%$271K$1.0M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX XMR-USDT+0.0388%8h596.64+0.020%$5.7Mas long as short
Bitget XMRUSDT+0.0413%8h595.99−0.089%$9.9M$14.2M50xas long as short
BloFin XMR-USDT+0.0464%8h597.94+0.238%$2.8M$11.5M75xas long as short
Gate XMR_USDT+0.0533%8h595.45−0.179%$1.6M$4.6M50xas long as short
KuCoin XMRUSDTM+0.0537%8h595.66−0.144%$48.6M$25.9M50xas long as short
Aster XMRUSDT+0.0543%8h596.80+0.047%$678K$2.3M75xas long as short
Lighter XMR+0.0592%1h596.27−0.042%$3.4M$6.9M10xas long as short
GRVT XMR_USDT_Perp+0.0606%8h597.76+0.208%$355K$785K10xas long as short
Injective XMR/USDC PERP+0.0695%1h596.76+0.040%$3K$6K12xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0809% / S −0.1288%1h597.22+0.118%$331K100xas long as short
Paradex XMR-USD-PERPlong+0.0860%8h596.52long leg$8K$4K20x
Polymarket Perps XMR-USD+0.0860%1h598.10+0.265%$23K$1.8M5xas long as short
SoDEX XMR-USD+0.0916%1h597.87+0.226%$454K$3K5xas long as short
Orderly PERP_XMR_USDC+0.0937%8h597.54+0.171%$44K$729K10xas long as short
Backpack XMR_USDC_PERP+0.0957%1h597.08+0.094%$203K$575K20xas long as short
Nado XMR-PERP+0.1409%1h597.72+0.200%$1.3M$482K10xas long as short
dYdX XMR-USD+0.1707%1h595.30−0.204%$108K$50K5xas long as short
Extended XMR-USD+0.1872%1h596.59+0.012%$3.1M$6.8M25xas long as short
Hyperliquid XMRshort+0.1982%1h596.73+0.035%$88.9M$68.7M5x
HTX XMR-USDT+0.2017%8h594.86−0.278%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2456%1h596.69+0.028%$2K$47K10xas long as short