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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.1153%/8h= +126.3% APRpaid last 24h +0.302%
Price spread now: GMX against SunX−0.379%7-day average −0.091% · 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 3 days (all we have)+0.604%+$60 on $10k
Price spread, last 3 days (all we have)+0.314%+$31 · spread now −0.379%, 7d avg −0.091%
Together, before fees+0.918%+$92 on $10k · with fees, hour by hour
Funding pays, the price is against you. GMX is 0.288% cheaper against SunX than usual: you would sell low and buy high (spread −0.379% now, against its 7-day average of −0.091%). If the spread goes back, that is −$29 on $10k: about 20 hours of funding at the current rate (+$35 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XMR-USDT584.260.0100pay 0.0100% / 8h5h 55m$2K$1.9M20x
ShortGMX XMR/USD [WBTC.b-USDC]582.05L +0.0975% / S −0.1253%get 0.0157% / 1h55m 04s$650K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GMX against SunX. 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
$242.15
Price spread: −0.379% → −0.091%
−$28.76
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GMX: 6 bp × 2 orders
−$12
Net
$193.4
Costs to cover
0.200%
Break-even
1.4 days
Slippage unknown: SunX: live order book, 1 min ago; GMX: no order-book sample. 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 SunX live order book, 1 min ago13.33 bp36.4 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell GMX no order-book sample
GMX: 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 30 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 −0.0010%1h581.62−0.452%$34K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+2.139%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h583.58−0.116%$1.0M$660K10xas long as short
SunX XMR-USDTlong+0.0100%8h584.26long leg$2K$1.9M20x
HTX XMR-USDT+0.0100%8h581.00−0.558%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h581.91−0.401%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0364%1h581.61−0.454%$171K$537K20xas long as short
dYdX XMR-USD+0.0478%1h583.81−0.078%$106K$50K5xas long as short
MEXC XMR_USDT+0.0516%8h582.06−0.377%$20.7M$15.1M100xas long as short
Binance XMRUSDT+0.0517%8h582.53−0.296%$53.1M$167.2M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps XMR-USD+0.0589%1h584.14−0.021%$31K$2.1M5xas long as short
Lighter XMR+0.0616%1h581.92−0.401%$3.3M$7.1M10xas long as short
Bitget XMRUSDT+0.0624%8h581.45−0.481%$9.5M$14.2M50xas long as short
Aster XMRUSDT+0.0707%8h582.28−0.338%$649K$2.4M75xas long as short
BingX XMR-USDT+0.0732%8h582.42−0.315%$5.8Mas long as short
Bybit XMRUSDT+0.0764%8h582.67−0.272%$47.2M$64.8M75xas long as short
Gate XMR_USDT+0.0766%8h581.52−0.469%$1.6M$4.5M50xas long as short
KuCoin XMRUSDTM+0.0787%8h581.49−0.474%$47.7M$26.0M50xas long as short
Kraken Futures PF_XMRUSD+0.0960%1h580.71−0.608%$5.5M$19.9M50xas long as short
GMX XMR/USD [WBTC.b-USDC]shortL +0.0975% / S −0.1253%1h582.05−0.379%$650K100x
Pacifica XMR+0.0996%1h585.18+0.157%$269K$1.1M10xas long as short
GRVT XMR_USDT_Perp+0.1022%8h584.30+0.006%$342K$773K10xas long as short
Nado XMR-PERP+0.1060%1h584.63+0.064%$1.3M$462K10xas long as short
Variational Omni XMR+0.1068%8h586.36+0.360%$6.6M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1086%8h582.05−0.378%$42K$736K10xas long as short
Paradex XMR-USD-PERP+0.1163%8h585.08+0.140%$8K$4K20xas long as short
SoDEX XMR-USD+0.1244%1h581.98−0.390%$442K$3K5xas long as short
Hyperliquid XMR+0.1274%1h582.11−0.368%$87.7M$73.4M5xas long as short
Extended XMR-USD+0.1624%1h581.82−0.417%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2653%1h584.32+0.010%$1K$46K10xas long as short