Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.003%

Price spread now: Pacifica against Aster−0.067%7-day average +0.036% · 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−$52as in the Price arb table

costs, in and out, $10k−$410.414% of the position

Long on Aster Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 6 days (all we have)+0.015%+$2 on $10k

Price spread, last 7 days+0.125%+$13 · spread now −0.067%, 7d avg +0.036%

Together, before fees+0.140%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board+$14 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.103% cheaper against Aster than usual: you would sell low and buy high (spread −0.067% now, against its 7-day average of +0.036%). If the spread goes back, that is −$10 on $10k: about 41 hours of funding at the current rate (+$6 a day). At the pace of the last 6 days (+0.015% in total) that is about 38 days.

The current funding rate is far above what this pair has been paying: over the last 6 days it paid 0.015% in total (about 1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XMRUSDT	575.40	0.0802	pay 0.0802% / 8h	1h 50m	$639K	$2.1M	75x
Short	Pacifica XMR	575.01	0.1002	get 0.0125% / 1h	50m 56s	$267K	$981K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.067%Rate

Funding earned: $41.99
Price spread: −0.067% → +0.036%: −$10.34
Slippage, 4 orders: −$25.42
Fee Aster: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$9.77
Costs to cover: 0.414%
Break-even: 8.6 days

Slippage from Aster: live order book, 2 min ago; Pacifica: live order book, 8 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, 2 min ago	1.91 bp	9.4 bp −$9	36.0 bp −$360	doesn't fit	doesn't fit
Sell Pacifica live order book, 8 min ago	0.96 bp	11.2 bp −$11	doesn't fit	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	574.39	−0.176%	$38K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.243%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	574.86	−0.094%	$1.0M	$634K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	574.79	−0.106%	$2K	$1.7M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	574.26	−0.198%	$1.1M	$1.5M	20x	as long as short
dYdX XMR-USD	+0.0179%	1h	574.07	−0.231%	$104K	$43K	5x	as long as short
Aevo XMR-PERP	+0.0240%	1h	575.56	+0.028%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0326%	8h	574.96	−0.076%	$45.3M	$25.6M	50x	as long as short
Lighter XMR	+0.0472%	1h	575.40	0.000%	$3.1M	$6.1M	10x	as long as short
Extended XMR-USD	+0.0528%	1h	575.43	+0.005%	$3.0M	$8.2M	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps XMR-USD	+0.0540%	1h	575.32	−0.014%	$23K	$2.1M	5x	as long as short
Bitget XMRUSDT	+0.0591%	8h	575.79	+0.068%	$9.5M	$12.5M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0632%	1h	574.60	−0.140%	$5.4M	$17.6M	50x	as long as short
Binance XMRUSDT	+0.0643%	8h	575.68	+0.049%	$52.5M	$148.4M	75x	as long as short
MEXC XMR_USDT	+0.0644%	8h	575.67	+0.047%	$20.2M	$14.3M	100x	as long as short
BingX XMR-USDT	+0.0656%	8h	575.59	+0.033%	—	$5.5M	—	as long as short
Gate XMR_USDT	+0.0678%	8h	574.82	−0.101%	$1.5M	$3.3M	50x	as long as short
Bybit XMRUSDT	+0.0681%	8h	575.22	−0.031%	$46.7M	$61.9M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0720%	1h	575.31	−0.016%	$175K	$531K	20x	as long as short
Aster XMRUSDTlong	+0.0802%	8h	575.40	long leg	$639K	$2.1M	75x
Paradex XMR-USD-PERP	+0.0863%	8h	574.97	−0.075%	$8K	$3K	20x	as long as short
Hyperliquid XMR	+0.0887%	1h	575.63	+0.040%	$87.1M	$67.3M	5x	as long as short
Pacifica XMRshort	+0.1002%	1h	575.01	−0.067%	$267K	$981K	10x
Nado XMR-PERP	+0.1009%	1h	575.23	−0.030%	$1.3M	$446K	10x	as long as short
SoDEX XMR-USD	+0.1015%	1h	575.60	+0.035%	$437K	$3K	5x	as long as short
GRVT XMR_USDT_Perp	+0.1019%	8h	575.09	−0.054%	$335K	$711K	10x	as long as short
BloFin XMR-USDT	+0.1063%	8h	575.44	+0.007%	$2.7M	$11.0M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1130% / S −0.1498%	1h	574.45	−0.166%	$601K	—	100x	as long as short
Variational Omni XMR	+0.1159%	8h	574.12	−0.223%	$6.2M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1199%	8h	575.60	+0.035%	$40K	$604K	10x	as long as short
Aftermath Perps XMRUSD	+0.1959%	1h	574.94	−0.080%	$1K	$42K	10x	as long as short