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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.1080%/8h= +118.3% APRpaid last 24h +0.078%
Price spread now: Extended against Variational Omni+0.242%7-day average −0.050% · 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 3 days (all we have)+0.319%+$32 on $10k
Price spread, last 7 days−0.219%−$22 · spread now +0.242%, 7d avg −0.050%
Together, before fees+0.100%+ Points / potential airdropVariational Omni: Active · Extended: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and Extended is 0.292% dearer against Variational Omni than usual: you sell high and buy low: +$29 more if the spread goes back to its 7-day average of −0.050%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.319% in total (about 35.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni XMR596.530.0264pay 0.0264% / 8h2h 11m$6.9M$2.8M
ShortExtended XMR-USD597.970.1344get 0.0168% / 1h11m 46s$3.2M$6.8M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. 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
$226.79
Price spread: +0.242% → −0.050%
$29.22
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$251
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Extended: live order book, 2 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 Variational Omni RFQ quote, 2 min ago5.39 bpdoesn't fit23.8 bp −$238doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago2.84 bp5.5 bp −$610.2 bp −$102doesn't fitdoesn't fit

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%1h597.83+0.218%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h591.89−0.778%$3K$6K12xas long as short
Bybit XMRUSDT+0.0100%8h598.06+0.257%$48.1M$61.0M75xas long as short
edgeX XMRUSDC+0.0100%4h597.42+0.150%$1.1M$674K10xas long as short
SunX XMR-USDT+0.0100%8h597.63+0.185%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h597.55+0.171%$12K3xas long as short
Variational Omni XMRlong+0.0264%8h596.53long leg$6.9M$2.8M
Polymarket Perps XMR-USD+0.0284%1h598.76+0.374%$24K$1.8M5xas long as short
Lighter XMR+0.0296%1h598.38+0.311%$3.5M$6.7M10xas long as short
MEXC XMR_USDT+0.0346%8h598.29+0.295%$22.8M$15.3M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0348%8h598.33+0.302%$54.8M$162.4M75xas long as short
BingX XMR-USDT+0.0362%8h598.20+0.280%$5.7Mas long as short
Bitget XMRUSDT+0.0379%8h598.15+0.272%$10.0M$14.2M50xas long as short
Backpack XMR_USDC_PERP+0.0426%1h598.07+0.258%$204K$575K20xas long as short
Gate XMR_USDT+0.0430%8h597.63+0.185%$1.6M$4.5M50xas long as short
SoDEX XMR-USD+0.0440%1h598.69+0.362%$455K$3K5xas long as short
BloFin XMR-USDT+0.0491%8h597.53+0.168%$2.8M$11.4M75xas long as short
Aster XMRUSDT+0.0540%8h598.44+0.320%$678K$2.3M75xas long as short
KuCoin XMRUSDTM+0.0589%8h597.69+0.195%$49.4M$25.5M50xas long as short
GRVT XMR_USDT_Perp+0.0606%8h596.99+0.078%$347K$782K10xas long as short
Kraken Futures PF_XMRUSD+0.0609%1h597.69+0.195%$5.7M$20.4M50xas long as short
Pacifica XMR+0.0619%1h598.50+0.331%$273K$1.0M10xas long as short
Paradex XMR-USD-PERP+0.0782%8h598.56+0.340%$8K$4K20xas long as short
dYdX XMR-USD+0.0803%1h597.57+0.175%$109K$50K5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0844% / S −0.1411%1h597.65+0.188%$355K100xas long as short
Orderly PERP_XMR_USDC+0.0901%8h598.50+0.331%$49K$718K10xas long as short
Nado XMR-PERP+0.1006%1h598.43+0.318%$1.3M$479K10xas long as short
Extended XMR-USDshort+0.1344%1h597.97+0.242%$3.2M$6.8M25x
Hyperliquid XMR+0.1596%1h599.21+0.450%$88.0M$66.6M5xas long as short
HTX XMR-USDT+0.2266%8h596.96+0.072%$1.1M$1.4M20xas long as short
Aftermath Perps XMRUSD+0.2331%1h597.74+0.204%$2K$47K10xas long as short