Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0581%/8h= −63.6% APRpaid last 24h −0.203%

Price spread now: gTrade (Gains Network) against Aster−0.147%7-day average — · you buy dearer than you sell

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

Long on Aster Short on gTrade (Gains Network)

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 airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and gTrade (Gains Network) is 0.147% cheaper against Aster than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XMRUSDT	589.00	0.0590	pay 0.0590% / 8h	5m 34s	$634K	$2.4M	75x
Short	gTrade (Gains Network) XMR/USD	588.13	L +0.0010% / S −0.0009%	get 0.0001% / 1h	5m 34s	$45K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.147%Rate

Funding earned: −$122.05
Price spread: −0.147% → 0.000%: −$14.73
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$156.79
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. 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 Aster live order book, 3 min ago	2.63 bp	10.5 bp −$10	45.3 bp −$453	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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/USDshort	L +0.0010% / S −0.0009%	1h	588.13	−0.147%	$45K	—	150x
edgeX XMRUSDC	+0.0100%	4h	592.05	+0.517%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	588.94	−0.010%	$2K	$2.0M	20x	as long as short
Bybit XMRUSDT	+0.0155%	8h	589.90	+0.152%	$47.8M	$64.3M	75x	as long as short
Aevo XMR-PERP	+0.0168%	1h	589.62	+0.105%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0336%	8h	589.82	+0.139%	$21.6M	$15.1M	100x	as long as short
Binance XMRUSDT	+0.0337%	8h	589.90	+0.153%	$54.0M	$166.0M	75x	as long as short
Lighter XMR	+0.0384%	1h	589.74	+0.125%	$3.3M	$7.2M	10x	as long as short
BingX XMR-USDT	+0.0438%	8h	590.10	+0.186%	—	$5.8M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0467%	1h	588.50	−0.086%	$5.6M	$20.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0468%	8h	589.83	+0.141%	$9.7M	$14.6M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0470%	1h	589.01	+0.001%	$200K	$579K	20x	as long as short
Gate XMR_USDT	+0.0480%	8h	589.29	+0.049%	$1.6M	$4.6M	50x	as long as short
BloFin XMR-USDT	+0.0489%	8h	588.64	−0.061%	$2.7M	$11.6M	75x	as long as short
KuCoin XMRUSDTM	+0.0563%	8h	588.91	−0.016%	$48.2M	$26.1M	50x	as long as short
Pacifica XMR	+0.0565%	1h	589.86	+0.146%	$274K	$1.1M	10x	as long as short
Aster XMRUSDTlong	+0.0590%	8h	589.00	long leg	$634K	$2.4M	75x
Variational Omni XMR	+0.0616%	8h	589.83	+0.140%	$6.7M	$2.6M	—	as long as short
GRVT XMR_USDT_Perp	+0.0621%	8h	591.34	+0.397%	$347K	$795K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0868% / S −0.2452%	1h	588.14	−0.146%	$547K	—	100x	as long as short
Polymarket Perps XMR-USD	+0.0917%	1h	589.60	+0.102%	$53K	$2.0M	5x	as long as short
Paradex XMR-USD-PERP	+0.0938%	8h	589.48	+0.081%	$8K	$4K	20x	as long as short
Orderly PERP_XMR_USDC	+0.0962%	8h	589.35	+0.059%	$42K	$734K	10x	as long as short
SoDEX XMR-USD	+0.1090%	1h	589.68	+0.115%	$448K	$3K	5x	as long as short
Nado XMR-PERP	+0.1229%	1h	589.76	+0.130%	$1.3M	$470K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	+1.317%	$3K	$6K	12x	as long as short
dYdX XMR-USD	+0.1630%	1h	588.17	−0.141%	$106K	$50K	5x	as long as short
HTX XMR-USDT	+0.1728%	8h	589.37	+0.063%	$1.1M	$1.5M	20x	as long as short
Hyperliquid XMR	+0.1763%	1h	589.54	+0.091%	$88.8M	$72.2M	5x	as long as short
Extended XMR-USD	+0.2048%	1h	589.88	+0.149%	$3.2M	$7.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2421%	1h	589.52	+0.088%	$2K	$46K	10x	as long as short