Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0545%/8h= +59.6% APRpaid last 24h −0.177%

Price spread now: Aster against dYdX+0.039%7-day average +0.155% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$542as in the Price arb table

costs, in and out, $10k−$5305.302% of the position

Long on dYdX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.611%−$61 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now +0.039%, 7d avg +0.155%

Together, before fees−0.608%+ Points / potential airdropAster: Stage 5 · farm board−$61 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.116% cheaper against dYdX than usual: you would sell low and buy high (spread +0.039% now, against its 7-day average of +0.155%). If the spread goes back, that is −$12 on $10k: about 17 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 5 days funding on this pair cost −0.611%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	dYdX XMR-USD	590.57	0.0013	pay 0.0002% / 1h	46m 05s	$107K	$49K	5x
Short	Aster XMRUSDT	590.80	0.0558	get 0.0558% / 8h	2h 46m	$666K	$2.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against dYdX. 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 dYdXbpFee AsterbpOrdersPrice spread, now +0.039%Rate

Funding earned: $114.38
Price spread: +0.039% → +0.155%: −$11.6
Slippage, 4 orders: −$512.19
Fee dYdX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$427.4
Costs to cover: 5.302%
Break-even: 33.2 days

Slippage from dYdX: live order book, 42 min ago; Aster: 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 dYdX live order book, 42 min ago	31.79 bp	181.3 bp −$181	203.9 bp −$2,039	367.3 bp −$36.7K	1288.3 bp −$644.2K
Sell Aster live order book, 2 min ago	2.46 bp	10.4 bp −$10	49.7 bp −$497	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 −0.0009%	1h	590.31	−0.044%	$45K	—	150x	as long as short
dYdX XMR-USDlong	+0.0013%	1h	590.57	long leg	$107K	$49K	5x
Injective XMR/USDC PERP	+0.0033%	1h	591.89	+0.224%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	590.66	+0.015%	$47.2M	$60.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	590.16	−0.069%	$201K	$557K	20x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.89	+0.224%	$1.1M	$673K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	590.43	−0.024%	$2K	$1.9M	20x	as long as short
SoDEX XMR-USD	+0.0100%	1h	590.95	+0.064%	$449K	$4K	5x	as long as short
Polymarket Perps XMR-USD	+0.0103%	1h	590.90	+0.056%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0160%	1h	590.70	+0.021%	$3.5M	$6.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo XMR-PERP	+0.0176%	1h	591.14	+0.096%	$12K	—	3x	as long as short
Gate XMR_USDT	+0.0320%	8h	590.79	+0.037%	$1.6M	$4.5M	50x	as long as short
Variational Omni XMR	+0.0320%	8h	591.40	+0.140%	$6.9M	$2.8M	—	as long as short
Binance XMRUSDT	+0.0372%	8h	590.95	+0.064%	$54.2M	$161.5M	75x	as long as short
MEXC XMR_USDT	+0.0376%	8h	590.93	+0.061%	$22.7M	$15.2M	100x	as long as short
BingX XMR-USDT	+0.0381%	8h	590.81	+0.041%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0399%	8h	591.09	+0.088%	$9.8M	$13.9M	50x	as long as short
BloFin XMR-USDT	+0.0530%	8h	591.24	+0.113%	$2.8M	$11.2M	75x	as long as short
Aster XMRUSDTshort	+0.0558%	8h	590.80	+0.039%	$666K	$2.4M	75x
Kraken Futures PF_XMRUSD	+0.0617%	1h	589.98	−0.099%	$5.5M	$20.3M	50x	as long as short
Pacifica XMR	+0.0619%	1h	591.13	+0.095%	$268K	$1.0M	10x	as long as short
KuCoin XMRUSDTM	+0.0620%	8h	590.57	0.000%	$49.1M	$25.4M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0632%	8h	591.98	+0.239%	$347K	$798K	10x	as long as short
Paradex XMR-USD-PERP	+0.0741%	8h	591.29	+0.123%	$8K	$4K	20x	as long as short
Nado XMR-PERP	+0.0753%	1h	590.75	+0.030%	$1.3M	$477K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0839% / S −0.1411%	1h	590.25	−0.054%	$351K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0862%	8h	591.00	+0.073%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1056%	1h	590.87	+0.050%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1414%	1h	591.88	+0.222%	$85.9M	$65.2M	5x	as long as short
Aftermath Perps XMRUSD	+0.2262%	1h	591.25	+0.115%	$1K	$47K	10x	as long as short
HTX XMR-USDT	+0.2326%	8h	589.47	−0.186%	$1.1M	$1.4M	20x	as long as short