Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.1537%/8h= −168.3% APRpaid last 24h −0.421%

Price spread now: GRVT against Aftermath Perps+0.096%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 GRVT

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.096% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.096% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$46 a day in funding at the current rate, which eats that in about 5 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XMRUSD	587.14	0.2503	pay 0.0313% / 1h	16m 34s	$1K	$45K	10x
Short	GRVT XMR_USDT_Perp	587.71	0.0966	get 0.0966% / 8h	5h 16m	$341K	$764K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.096%Rate

Funding earned: −$322.69
Price spread: +0.096% → 0.000%: $9.61
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$331.08
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; GRVT: live order book, 46 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 GRVT live order book, 46 min ago	1.53 bp	8.9 bp −$9	doesn't fit	doesn't fit	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 −0.0010%	1h	586.53	−0.104%	$47K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	−0.782%	$3K	$6K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	587.70	+0.095%	$1.0M	$658K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	586.69	−0.077%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	586.95	−0.033%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	587.38	+0.039%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0281%	1h	586.12	−0.174%	$106K	$50K	5x	as long as short
Polymarket Perps XMR-USD	+0.0344%	1h	587.06	−0.014%	$23K	$2.1M	5x	as long as short
Binance XMRUSDT	+0.0515%	8h	587.26	+0.020%	$53.4M	$165.9M	75x	as long as short
MEXC XMR_USDT	+0.0518%	8h	587.35	+0.035%	$20.9M	$15.2M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0520%	1h	587.09	−0.009%	$3.3M	$7.2M	10x	as long as short
Bybit XMRUSDT	+0.0543%	8h	587.14	−0.001%	$47.7M	$64.2M	75x	as long as short
Gate XMR_USDT	+0.0563%	8h	586.51	−0.108%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0581%	8h	587.25	+0.018%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0606%	8h	587.39	+0.042%	$9.6M	$14.1M	50x	as long as short
Aster XMRUSDT	+0.0724%	8h	587.26	+0.019%	$662K	$2.4M	75x	as long as short
KuCoin XMRUSDTM	+0.0736%	8h	587.11	−0.006%	$48.2M	$26.0M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0749%	1h	586.91	−0.040%	$172K	$537K	20x	as long as short
BloFin XMR-USDT	+0.0794%	8h	587.57	+0.073%	$2.7M	$11.5M	75x	as long as short
Paradex XMR-USD-PERP	+0.0939%	8h	587.26	+0.020%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0952%	1h	585.91	−0.210%	$5.5M	$19.6M	50x	as long as short
GRVT XMR_USDT_Perpshort	+0.0966%	8h	587.71	+0.096%	$341K	$764K	10x
Nado XMR-PERP	+0.0979%	1h	587.20	+0.010%	$1.3M	$463K	10x	as long as short
Pacifica XMR	+0.0996%	1h	587.37	+0.039%	$273K	$1.1M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1043% / S −0.1407%	1h	586.59	−0.095%	$654K	—	100x	as long as short
Variational Omni XMR	+0.1080%	8h	588.99	+0.314%	$6.7M	$2.4M	—	as long as short
Hyperliquid XMR	+0.1093%	1h	587.34	+0.034%	$88.4M	$71.2M	5x	as long as short
Orderly PERP_XMR_USDC	+0.1112%	8h	587.25	+0.018%	$41K	$721K	10x	as long as short
SoDEX XMR-USD	+0.1164%	1h	587.50	+0.061%	$447K	$3K	5x	as long as short
Extended XMR-USD	+0.1176%	1h	587.08	−0.010%	$3.2M	$8.0M	25x	as long as short
Aftermath Perps XMRUSDlong	+0.2503%	1h	587.14	long leg	$1K	$45K	10x