Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0030%/8h= +3.3% APRpaid last 24h +0.137%

Price spread now: Extended against Aster−0.043%7-day average +0.005% · 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−$35as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.547%+$55 on $10k

Price spread, last 7 days+0.074%+$7 · spread now −0.043%, 7d avg +0.005%

Together, before fees+0.620%+ Points / potential airdropAster: Stage 5 · Extended: Active · farm board+$62 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.048% cheaper against Aster than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.005%). If the spread goes back, that is −$5 on $10k: about 5.3 days of funding at the current rate (+$1 a day). At the pace of the last 6 days (+0.547% in total) that is about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XMRUSDT	571.16	0.0754	pay 0.0754% / 8h	2h 42m	$640K	$2.3M	75x
Short	Extended XMR-USD	570.91	0.0784	get 0.0098% / 1h	42m 19s	$3.0M	$8.3M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.043%Rate

Funding earned: $6.29
Price spread: −0.043% → +0.005%: −$4.76
Slippage, 4 orders: −$17.08
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$28.55
Costs to cover: 0.301%
Break-even: 38.8 days

Slippage from Aster: live order book, 1 min ago; Extended: live order book, 2 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, 1 min ago	2.63 bp	9.7 bp −$10	33.4 bp −$334	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	1.58 bp	4.1 bp −$4	12.8 bp −$128	doesn't fit	doesn't fit

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 −0.0003%	1h	569.96	−0.211%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.994%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	571.99	+0.145%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	570.42	−0.129%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	571.21	+0.009%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0232%	1h	569.58	−0.276%	$11K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0295%	8h	570.60	−0.098%	$44.8M	$26.5M	50x	as long as short
Bitget XMRUSDT	+0.0565%	8h	571.14	−0.003%	$9.4M	$13.3M	50x	as long as short
MEXC XMR_USDT	+0.0606%	8h	571.28	+0.021%	$19.7M	$14.6M	100x	as long as short
Binance XMRUSDT	+0.0606%	8h	571.07	−0.016%	$52.3M	$163.2M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDT	+0.0607%	8h	570.43	−0.128%	$1.5M	$4.3M	50x	as long as short
BingX XMR-USDT	+0.0673%	8h	571.06	−0.017%	—	$5.7M	—	as long as short
dYdX XMR-USD	+0.0680%	1h	569.80	−0.238%	$103K	$44K	5x	as long as short
Bybit XMRUSDT	+0.0711%	8h	570.87	−0.051%	$46.3M	$64.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0751%	1h	570.07	−0.191%	$5.4M	$19.1M	50x	as long as short
Aster XMRUSDTlong	+0.0754%	8h	571.16	long leg	$640K	$2.3M	75x
Extended XMR-USDshort	+0.0784%	1h	570.91	−0.043%	$3.0M	$8.3M	25x
Polymarket Perps XMR-USD	+0.0800%	1h	570.79	−0.065%	$28K	$2.2M	5x	as long as short
Paradex XMR-USD-PERP	+0.0881%	8h	571.09	−0.011%	$8K	$4K	20x	as long as short
Pacifica XMR	+0.0912%	1h	571.23	+0.012%	$265K	$1.0M	10x	as long as short
BloFin XMR-USDT	+0.0996%	8h	571.45	+0.051%	$2.7M	$11.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.1005%	8h	571.24	+0.014%	$330K	$728K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1036% / S −0.1358%	1h	569.77	−0.242%	$590K	—	100x	as long as short
Lighter XMR	+0.1088%	1h	571.20	+0.007%	$3.1M	$7.5M	10x	as long as short
Orderly PERP_XMR_USDC	+0.1186%	8h	570.92	−0.042%	$40K	$714K	10x	as long as short
Variational Omni XMR	+0.1188%	8h	571.45	+0.052%	$6.3M	$2.3M	—	as long as short
Hyperliquid XMR	+0.1222%	1h	571.08	−0.014%	$86.1M	$71.4M	5x	as long as short
SoDEX XMR-USD	+0.1394%	1h	571.10	−0.010%	$434K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1418%	1h	570.77	−0.068%	$168K	$534K	20x	as long as short
Nado XMR-PERP	+0.1502%	1h	571.41	+0.044%	$1.3M	$458K	10x	as long as short
Aftermath Perps XMRUSD	+0.2098%	1h	571.13	−0.005%	$1K	$43K	10x	as long as short