Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0130%/8h= −14.2% APRpaid last 24h +0.040%

Price spread now: Kraken Futures against Aster−0.230%7-day average −0.118% · 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−$66as in the Price arb table

costs, in and out, $10k−$550.548% of the position

Long on Aster Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.230%+$23 on $10k

Price spread, last 3 days (all we have)+0.179%+$18 · spread now −0.230%, 7d avg −0.118%

Together, before fees+0.409%+ Points / potential airdropAster: Stage 5 · farm board+$41 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Kraken Futures is 0.112% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.118%). Swap the legs. Mind the row above: over the last 5 days funding on this pair paid +0.230%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XMRUSDT	601.70	0.0588	pay 0.0588% / 8h	54m 11s	$694K	$2.4M	75x
Short	Kraken Futures PF_XMRUSD	600.31	0.0458	get 0.0057% / 1h	54m 11s	$5.7M	$20.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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 Kraken FuturesbpOrdersPrice spread, now −0.230%Rate

Funding earned: −$27.23
Price spread: −0.230% → −0.118%: −$11.2
Slippage, 4 orders: −$36.78
Fee Aster: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$93.22
Costs to cover: 0.548%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; Kraken Futures: live order book, 5 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, 4 min ago	2.91 bp	12.5 bp −$13	43.8 bp −$438	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	4.67 bp	14.8 bp −$15	41.4 bp −$414	139.5 bp −$14.0K	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 −0.0009%	1h	600.54	−0.193%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	601.97	+0.045%	$49.0M	$62.6M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	600.58	−0.186%	$1.1M	$664K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	601.00	−0.116%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	601.33	−0.061%	$12K	—	3x	as long as short
Lighter XMR	+0.0320%	1h	601.29	−0.068%	$3.4M	$6.9M	10x	as long as short
MEXC XMR_USDT	+0.0326%	8h	601.67	−0.005%	$22.4M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0334%	8h	601.09	−0.101%	$55.1M	$163.8M	75x	as long as short
Variational Omni XMR	+0.0369%	8h	602.00	+0.050%	$7.0M	$2.5M	—	as long as short
BingX XMR-USDT	+0.0401%	8h	601.28	−0.070%	—	$5.7M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0427%	8h	601.60	−0.017%	$10.1M	$14.3M	50x	as long as short
Kraken Futures PF_XMRUSDshort	+0.0458%	1h	600.31	−0.230%	$5.7M	$20.5M	50x
BloFin XMR-USDT	+0.0461%	8h	601.64	−0.010%	$2.8M	$11.7M	75x	as long as short
Gate XMR_USDT	+0.0542%	8h	600.71	−0.165%	$1.7M	$4.6M	50x	as long as short
Pacifica XMR	+0.0565%	1h	601.89	+0.032%	$283K	$1.0M	10x	as long as short
KuCoin XMRUSDTM	+0.0580%	8h	600.95	−0.125%	$49.1M	$25.9M	50x	as long as short
Aster XMRUSDTlong	+0.0588%	8h	601.70	long leg	$694K	$2.4M	75x
GRVT XMR_USDT_Perp	+0.0610%	8h	601.80	+0.017%	$351K	$797K	10x	as long as short
SoDEX XMR-USD	+0.0677%	1h	601.63	−0.012%	$457K	$3K	5x	as long as short
Polymarket Perps XMR-USD	+0.0689%	1h	601.68	−0.003%	$23K	$1.8M	5x	as long as short
Backpack XMR_USDC_PERP	+0.0835%	1h	601.37	−0.055%	$205K	$575K	20x	as long as short
Paradex XMR-USD-PERP	+0.0874%	8h	601.89	+0.032%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0891% / S −0.2423%	1h	600.29	−0.234%	$553K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0957%	8h	601.60	−0.017%	$44K	$729K	10x	as long as short
Nado XMR-PERP	+0.1207%	1h	601.44	−0.044%	$1.3M	$475K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.821%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1574%	1h	601.80	+0.017%	$90.6M	$69.8M	5x	as long as short
Extended XMR-USD	+0.1832%	1h	601.21	−0.082%	$3.2M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1974%	8h	599.38	−0.386%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2325%	1h	600.60	−0.183%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.3118%	1h	600.61	−0.181%	$109K	$50K	5x	as long as short