Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.2072%/8h= −226.9% APRpaid last 24h −0.427%

Price spread now: Binance against Aftermath Perps+0.223%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Binance is 0.223% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.223% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$62 a day in funding at the current rate, which eats that in about 9 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XMRUSD	590.04	0.2483	pay 0.0310% / 1h	40m 51s	$1K	$46K	10x
Short	Binance XMRUSDT	591.35	0.0412	get 0.0412% / 8h	7h 40m	$54.1M	$166.9M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Aftermath Perps. 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 Aftermath PerpsbpFee BinancebpOrdersPrice spread, now +0.223%Rate

Funding earned: −$435.07
Price spread: +0.223% → 0.000%: $22.28
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$431.78
Costs to cover: 0.190%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; Binance: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aftermath Perps no order-book sample	—	—	—	—	—
Sell Binance live order book, 2 min ago	0.09 bp	10.5 bp −$10	30.1 bp −$301	81.1 bp −$8,113	doesn't fit

Aftermath Perps: 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	589.18	−0.145%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.139%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	589.33	−0.120%	$1.0M	$659K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.15	−0.151%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	591.00	+0.163%	$1.1M	$1.5M	20x	as long as short
dYdX XMR-USD	+0.0101%	1h	591.03	+0.169%	$107K	$50K	5x	as long as short
Aevo XMR-PERP	+0.0184%	1h	590.92	+0.149%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0399%	8h	591.91	+0.317%	$21.5M	$15.2M	100x	as long as short
Binance XMRUSDTshort	+0.0412%	8h	591.35	+0.223%	$54.1M	$166.9M	75x
Bitget XMRUSDT	+0.0511%	8h	591.08	+0.177%	$9.7M	$14.6M	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	+0.0593%	8h	590.88	+0.143%	$2.8M	$11.6M	75x	as long as short
Aster XMRUSDT	+0.0625%	8h	590.78	+0.126%	$653K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0645%	1h	589.64	−0.068%	$5.6M	$20.5M	50x	as long as short
KuCoin XMRUSDTM	+0.0658%	8h	591.41	+0.232%	$48.5M	$26.2M	50x	as long as short
Pacifica XMR	+0.0659%	1h	592.71	+0.453%	$278K	$1.1M	10x	as long as short
Variational Omni XMR	+0.0778%	8h	592.85	+0.477%	$6.7M	$2.6M	—	as long as short
Backpack XMR_USDC_PERP	+0.0841%	1h	590.29	+0.043%	$200K	$549K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0869% / S −0.2452%	1h	588.74	−0.221%	$548K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1015%	8h	589.89	−0.025%	$42K	$737K	10x	as long as short
Gate XMR_USDT	+0.1048%	8h	591.14	+0.187%	$1.6M	$4.6M	50x	as long as short
Paradex XMR-USD-PERP	+0.1098%	8h	592.54	+0.423%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1200%	1h	590.89	+0.144%	$3.3M	$7.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1240%	8h	589.84	−0.034%	$345K	$805K	10x	as long as short
Nado XMR-PERP	+0.1329%	1h	591.55	+0.257%	$1.3M	$466K	10x	as long as short
Polymarket Perps XMR-USD	+0.1361%	1h	591.33	+0.219%	$48K	$1.9M	5x	as long as short
BingX XMR-USDT	+0.1375%	8h	592.35	+0.392%	—	$5.8M	—	as long as short
SoDEX XMR-USD	+0.1481%	1h	590.97	+0.158%	$449K	$3K	5x	as long as short
Bybit XMRUSDT	+0.1567%	8h	592.26	+0.376%	$47.7M	$64.6M	75x	as long as short
Hyperliquid XMR	+0.1987%	1h	591.42	+0.234%	$89.3M	$73.1M	5x	as long as short
Extended XMR-USD	+0.2392%	1h	591.56	+0.258%	$3.2M	$7.5M	25x	as long as short
Aftermath Perps XMRUSDlong	+0.2483%	1h	590.04	long leg	$1K	$46K	10x