Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0620%/8h= −67.9% APRpaid last 24h −0.154%

Price spread now: Injective against Aster+1.975%7-day average — · you sell dearer than you buy

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

Long on Aster Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 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

The price spread pays, funding is against you. Injective is 1.975% dearer against Aster than usual: you sell high and buy low (spread +1.975% now, against zero (this spread has no 7-day history yet)): +$198 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XMRUSDT	585.20	0.0654	pay 0.0654% / 8h	6h 31m	$649K	$2.5M	75x
Short	Injective XMR/USDC PERP	596.76	0.0033	get 0.0004% / 1h	31m 13s	$3K	$4K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now +1.975%Rate

Funding earned: −$130.29
Price spread: +1.975% → 0.000%: $197.54
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $59.23
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: Aster: live order book, 2 min ago; Injective: 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, 2 min ago	2.49 bp	9.8 bp −$10	42.5 bp −$425	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: 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 30 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	584.48	−0.123%	$35K	—	150x	as long as short
Injective XMR/USDC PERPshort	+0.0033%	1h	596.76	+1.975%	$3K	$4K	12x
edgeX XMRUSDC	+0.0100%	4h	582.75	−0.418%	$1.0M	$669K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	585.16	−0.007%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	584.95	−0.043%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	585.83	+0.108%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0477%	8h	585.94	+0.126%	$21.0M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0485%	8h	586.12	+0.157%	$53.6M	$168.4M	75x	as long as short
Gate XMR_USDT	+0.0503%	8h	584.91	−0.050%	$1.6M	$4.6M	50x	as long as short
dYdX XMR-USD	+0.0557%	1h	584.55	−0.111%	$106K	$50K	5x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0593%	8h	585.46	+0.044%	$9.6M	$14.5M	50x	as long as short
Aster XMRUSDTlong	+0.0654%	8h	585.20	long leg	$649K	$2.5M	75x
KuCoin XMRUSDTM	+0.0762%	8h	585.73	+0.091%	$48.0M	$26.2M	50x	as long as short
Pacifica XMR	+0.0821%	1h	585.77	+0.098%	$271K	$1.1M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0828%	1h	585.40	+0.034%	$183K	$534K	20x	as long as short
BingX XMR-USDT	+0.0896%	8h	585.93	+0.125%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.0900%	8h	585.92	+0.123%	$47.3M	$65.1M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0920% / S −0.1127%	1h	584.32	−0.150%	$652K	—	100x	as long as short
GRVT XMR_USDT_Perp	+0.0979%	8h	584.15	−0.179%	$340K	$792K	10x	as long as short
Lighter XMR	+0.0992%	1h	585.72	+0.088%	$3.3M	$7.2M	10x	as long as short
Variational Omni XMR	+0.1000%	8h	585.44	+0.041%	$6.6M	$2.9M	—	as long as short
Polymarket Perps XMR-USD	+0.1032%	1h	585.49	+0.050%	$47K	$2.1M	5x	as long as short
Orderly PERP_XMR_USDC	+0.1050%	8h	585.81	+0.104%	$42K	$735K	10x	as long as short
Paradex XMR-USD-PERP	+0.1201%	8h	584.99	−0.036%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1307%	1h	584.69	−0.087%	$5.6M	$20.5M	50x	as long as short
Nado XMR-PERP	+0.1370%	1h	585.75	+0.095%	$1.3M	$466K	10x	as long as short
SoDEX XMR-USD	+0.1710%	1h	585.90	+0.120%	$445K	$3K	5x	as long as short
Hyperliquid XMR	+0.1746%	1h	585.96	+0.130%	$88.6M	$73.6M	5x	as long as short
Extended XMR-USD	+0.1992%	1h	585.77	+0.098%	$3.2M	$8.2M	25x	as long as short
Aftermath Perps XMRUSD	+0.2760%	1h	583.59	−0.275%	$1K	$46K	10x	as long as short