Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.1330%/8h= −145.7% APRpaid last 24h −0.111%

Price spread now: Aster against Extended−0.023%7-day average −0.002% · 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−$37as in the Price arb table

costs, in and out, $10k−$340.345% of the position

Long on Extended Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.496%−$50 on $10k

Price spread, last 7 days−0.037%−$4 · spread now −0.023%, 7d avg −0.002%

Together, before fees−0.532%+ Points / potential airdropExtended: Active · Aster: Stage 5 · farm board−$53 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$40 a day on $10k at the current rate, and Aster is 0.021% cheaper against Extended than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.002%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid -0.496% in total (about -33.5% 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	Extended XMR-USD	585.34	0.1984	pay 0.0248% / 1h	31m 42s	$3.2M	$8.2M	25x
Short	Aster XMRUSDT	585.20	0.0654	get 0.0654% / 8h	6h 31m	$649K	$2.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Extended. 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 ExtendedbpFee AsterbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$279.35
Price spread: −0.023% → −0.002%: −$2.12
Slippage, 4 orders: −$21.5
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Aster: 4 bp × 2 orders: −$8
Net: −$315.97
Costs to cover: 0.345%
Break-even: never at this rate

Slippage from Extended: live order book, 2 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 Extended live order book, 2 min ago	4.03 bp	7.3 bp −$7	15.2 bp −$152	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	2.49 bp	10.8 bp −$11	38.5 bp −$385	doesn't fit	doesn't fit

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	584.65	−0.117%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.951%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	582.75	−0.441%	$1.0M	$669K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	584.49	−0.145%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	584.00	−0.228%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	585.40	+0.010%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0477%	8h	585.99	+0.112%	$21.0M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0485%	8h	585.85	+0.088%	$53.6M	$168.4M	75x	as long as short
Gate XMR_USDT	+0.0493%	8h	585.10	−0.041%	$1.6M	$4.6M	50x	as long as short
dYdX XMR-USD	+0.0578%	1h	583.84	−0.256%	$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	+0.0592%	8h	585.46	+0.021%	$9.6M	$14.5M	50x	as long as short
Aster XMRUSDTshort	+0.0654%	8h	585.20	−0.023%	$649K	$2.5M	75x
KuCoin XMRUSDTM	+0.0763%	8h	584.97	−0.063%	$47.9M	$26.2M	50x	as long as short
Pacifica XMR	+0.0821%	1h	584.77	−0.097%	$271K	$1.1M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0828%	1h	585.40	+0.011%	$183K	$534K	20x	as long as short
BingX XMR-USDT	+0.0896%	8h	585.90	+0.096%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.0900%	8h	585.76	+0.072%	$47.3M	$65.1M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0918% / S −0.1123%	1h	584.61	−0.124%	$652K	—	100x	as long as short
GRVT XMR_USDT_Perp	+0.0970%	8h	582.92	−0.413%	$339K	$792K	10x	as long as short
Lighter XMR	+0.0992%	1h	585.48	+0.025%	$3.3M	$7.2M	10x	as long as short
Variational Omni XMR	+0.0997%	8h	582.24	−0.528%	$6.6M	$2.9M	—	as long as short
Polymarket Perps XMR-USD	+0.1032%	1h	585.51	+0.029%	$48K	$2.0M	5x	as long as short
Orderly PERP_XMR_USDC	+0.1049%	8h	585.32	−0.003%	$42K	$735K	10x	as long as short
Paradex XMR-USD-PERP	+0.1199%	8h	584.20	−0.194%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1308%	1h	584.51	−0.142%	$5.6M	$20.4M	50x	as long as short
Nado XMR-PERP	+0.1367%	1h	586.00	+0.113%	$1.3M	$466K	10x	as long as short
SoDEX XMR-USD	+0.1696%	1h	585.55	+0.036%	$445K	$3K	5x	as long as short
Hyperliquid XMR	+0.1739%	1h	585.71	+0.064%	$88.5M	$73.6M	5x	as long as short
Extended XMR-USDlong	+0.1984%	1h	585.34	long leg	$3.2M	$8.2M	25x
Aftermath Perps XMRUSD	+0.2758%	1h	583.03	−0.394%	$1K	$46K	10x	as long as short