Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1255%/8h= −137.4% APRpaid last 24h −0.482%

Price spread now: Bitget against Aftermath Perps+0.185%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 Bitget

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. Bitget is 0.185% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.185% now, against zero (this spread has no 7-day history yet)): +$19 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XMRUSD	576.34	0.1834	pay 0.0229% / 1h	3m 42s	$1K	$41K	10x
Short	Bitget XMRUSDT	577.41	0.0579	get 0.0579% / 8h	1h 03m	$9.6M	$11.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.185%Rate

Funding earned: −$263.47
Price spread: +0.185% → 0.000%: $18.51
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$265.96
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago	4.58 bp	18.0 bp −$18	32.8 bp −$328	74.2 bp −$7,423	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 −0.0004%	1h	575.69	−0.113%	$32K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.077%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	578.14	+0.312%	$1.0M	$561K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.85	−0.086%	$2K	$1.4M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	577.07	+0.126%	$1.1M	$1.3M	20x	as long as short
Extended XMR-USD	+0.0120%	1h	576.88	+0.092%	$3.0M	$8.0M	25x	as long as short
Lighter XMR	+0.0200%	1h	577.08	+0.128%	$3.1M	$6.2M	10x	as long as short
Aevo XMR-PERP	+0.0232%	1h	576.74	+0.070%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0297%	8h	576.10	−0.042%	$45.6M	$20.8M	50x	as long as short
Polymarket Perps XMR-USD	+0.0397%	1h	576.11	−0.040%	$26K	$1.8M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XMR-USD	+0.0448%	1h	576.05	−0.051%	$104K	$42K	5x	as long as short
Bybit XMRUSDT	+0.0565%	8h	576.82	+0.083%	$46.9M	$55.4M	75x	as long as short
Bitget XMRUSDTshort	+0.0579%	8h	577.41	+0.185%	$9.6M	$11.1M	50x
BingX XMR-USDT	+0.0588%	8h	577.22	+0.152%	—	$5.3M	—	as long as short
Binance XMRUSDT	+0.0599%	8h	577.23	+0.154%	$52.5M	$122.1M	75x	as long as short
MEXC XMR_USDT	+0.0603%	8h	577.28	+0.163%	$20.3M	$14.5M	100x	as long as short
Kraken Futures PF_XMRUSD	+0.0631%	1h	575.66	−0.118%	$5.4M	$12.4M	50x	as long as short
Gate XMR_USDT	+0.0643%	8h	576.77	+0.074%	$1.6M	$3.3M	50x	as long as short
Paradex XMR-USD-PERP	+0.0679%	8h	577.26	+0.159%	$8K	$3K	20x	as long as short
Hyperliquid XMR	+0.0716%	1h	577.20	+0.149%	$87.5M	$63.0M	5x	as long as short
Aster XMRUSDT	+0.0758%	8h	576.68	+0.058%	$644K	$1.8M	75x	as long as short
SoDEX XMR-USD	+0.0793%	1h	576.43	+0.015%	$438K	$3K	5x	as long as short
Nado XMR-PERP	+0.0851%	1h	576.38	+0.007%	$1.3M	$420K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0962%	1h	576.45	+0.019%	$175K	$479K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0968%	8h	577.91	+0.271%	$335K	$652K	10x	as long as short
BloFin XMR-USDT	+0.0971%	8h	577.23	+0.154%	$2.7M	$10.6M	75x	as long as short
Pacifica XMR	+0.1002%	1h	577.18	+0.146%	$270K	$847K	10x	as long as short
Variational Omni XMR	+0.1032%	8h	577.39	+0.182%	$6.2M	$2.3M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1170% / S −0.1566%	1h	575.49	−0.148%	$597K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1176%	8h	576.32	−0.004%	$40K	$531K	10x	as long as short
Aftermath Perps XMRUSDlong	+0.1834%	1h	576.34	long leg	$1K	$41K	10x