Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0845%/8h= +92.5% APRpaid last 24h +0.182%

Price spread now: dYdX against Aster−0.251%7-day average −0.156% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$463as in the Price arb table

costs, in and out, $10k−$4534.532% of the position

Long on Aster Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.623%+$62 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.251%, 7d avg −0.156%

Together, before fees+0.623%+ Points / potential airdropAster: Stage 5 · farm board+$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. dYdX is 0.095% cheaper against Aster than usual: you would sell low and buy high (spread −0.251% now, against its 7-day average of −0.156%). If the spread goes back, that is −$9 on $10k: about 9 hours of funding at the current rate (+$25 a day). At the pace of the last 5 days (+0.623% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XMRUSDT	596.76	0.0526	pay 0.0526% / 8h	1h 43m	$671K	$2.3M	75x
Short	dYdX XMR-USD	595.26	0.1371	get 0.0171% / 1h	43m 25s	$108K	$50K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX against Aster. 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 AsterbpFee dYdXbpOrdersPrice spread, now −0.251%Rate

Funding earned: $177.46
Price spread: −0.251% → −0.156%: −$9.5
Slippage, 4 orders: −$435.23
Fee Aster: 4 bp × 2 orders: −$8
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$285.26
Costs to cover: 4.532%
Break-even: 18.3 days

Slippage from Aster: live order book, 5 min ago; dYdX: live order book, 40 min ago.

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 Aster live order book, 5 min ago	1.59 bp	11.0 bp −$11	29.7 bp −$297	doesn't fit	doesn't fit
Sell dYdX live order book, 40 min ago	8.36 bp	212.0 bp −$212	267.5 bp −$2,675	406.4 bp −$40.6K	953.1 bp −$476.6K

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	596.74	−0.003%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.59	+0.139%	$48.3M	$61.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	596.23	−0.089%	$1.1M	$667K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	594.69	−0.347%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	595.48	−0.216%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0246%	8h	597.79	+0.172%	$6.9M	$2.7M	—	as long as short
Binance XMRUSDT	+0.0327%	8h	597.57	+0.135%	$54.9M	$162.8M	75x	as long as short
MEXC XMR_USDT	+0.0329%	8h	597.77	+0.169%	$22.4M	$15.0M	100x	as long as short
BingX XMR-USDT	+0.0375%	8h	597.44	+0.114%	—	$5.7M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0383%	1h	594.40	−0.396%	$5.7M	$20.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica XMR	+0.0387%	1h	596.94	+0.029%	$271K	$1.0M	10x	as long as short
Bitget XMRUSDT	+0.0395%	8h	598.03	+0.212%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0476%	8h	595.29	−0.247%	$2.8M	$11.4M	75x	as long as short
Gate XMR_USDT	+0.0482%	8h	596.40	−0.061%	$1.6M	$4.5M	50x	as long as short
Aster XMRUSDTlong	+0.0526%	8h	596.76	long leg	$671K	$2.3M	75x
KuCoin XMRUSDTM	+0.0557%	8h	597.03	+0.045%	$48.8M	$25.8M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0593%	8h	595.66	−0.185%	$354K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	591.89	−0.816%	$3K	$6K	12x	as long as short
Polymarket Perps XMR-USD	+0.0744%	1h	597.78	+0.171%	$23K	$1.8M	5x	as long as short
SoDEX XMR-USD	+0.0775%	1h	595.17	−0.267%	$452K	$3K	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0823% / S −0.1341%	1h	596.43	−0.055%	$341K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0865%	8h	596.57	−0.032%	$8K	$4K	20x	as long as short
Lighter XMR	+0.0872%	1h	596.56	−0.034%	$3.5M	$6.7M	10x	as long as short
Orderly PERP_XMR_USDC	+0.0910%	8h	597.04	+0.047%	$48K	$720K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0943%	1h	594.65	−0.354%	$202K	$575K	20x	as long as short
dYdX XMR-USDshort	+0.1371%	1h	595.26	−0.251%	$108K	$50K	5x
Nado XMR-PERP	+0.1577%	1h	597.36	+0.101%	$1.3M	$480K	10x	as long as short
Extended XMR-USD	+0.1744%	1h	596.82	+0.009%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1838%	1h	598.30	+0.258%	$88.6M	$67.4M	5x	as long as short
HTX XMR-USDT	+0.2128%	8h	594.21	−0.428%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2451%	1h	596.62	−0.024%	$2K	$47K	10x	as long as short