Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.094%
Price spread now: Aster against Hyperliquid−0.153%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$370.372% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.138%−$14 on $10k
Price spread, last 7 days+0.111%+$11 · spread now −0.153%, 7d avg −0.015%
Together, before fees−0.028%+ Points / potential airdropHyperliquid: Season 2 · Aster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.137% cheaper against Hyperliquid than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHyperliquid XMR576.510.0723pay 0.0090% / 1h32m 15s$86.6M$71.1M5x
ShortAster XMRUSDT575.630.0681get 0.0681% / 8h4h 32m$639K$2.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Hyperliquid. 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

Funding earned
−$8.86
Price spread: −0.153% → −0.015%
−$13.72
Slippage, 4 orders
−$20.15
Fee Hyperliquid: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
−$59.74
Costs to cover
0.372%
Break-even
never at this rate
Slippage from Hyperliquid: live order book, 11 min ago; Aster: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hyperliquid live order book, 11 min ago0.87 bp7.8 bp −$8doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 1 min ago2.78 bp9.2 bp −$934.6 bp −$346doesn't fitdoesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XMR/USDC PERP−0.0136%1h582.55+1.048%$3K$3K12xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h575.92−0.102%$49K150xas long as short
Lighter XMR+0.0096%1h576.10−0.071%$3.3M$7.4M10xas long as short
edgeX XMRUSDC+0.0100%4h575.39−0.195%$1.0M$655K10xas long as short
SunX XMR-USDT+0.0100%8h576.01−0.087%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h576.47−0.007%$1.1M$1.6M20xas long as short
Kraken Futures PF_XMRUSD+0.0149%1h575.51−0.174%$5.4M$19.5M50xas long as short
Aevo XMR-PERP+0.0200%1h576.32−0.032%$12K3xas long as short
Polymarket Perps XMR-USD+0.0204%1h576.14−0.064%$19K$2.2M5xas long as short
Gate XMR_USDT+0.0369%8h576.04−0.082%$1.5M$4.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XMRUSDT+0.0400%8h576.88+0.064%$46.8M$64.2M75xas long as short
Backpack XMR_USDC_PERP+0.0420%1h575.79−0.125%$169K$534K20xas long as short
MEXC XMR_USDT+0.0480%8h576.54+0.005%$20.2M$15.0M100xas long as short
Binance XMRUSDT+0.0481%8h576.76+0.043%$52.6M$164.7M75xas long as short
dYdX XMR-USD+0.0513%1h575.23−0.223%$104K$44K5xas long as short
BingX XMR-USDT+0.0523%8h576.95+0.076%$5.7Mas long as short
Bitget XMRUSDT+0.0537%8h576.73+0.038%$9.4M$14.0M50xas long as short
KuCoin XMRUSDTM+0.0541%8h575.81−0.121%$45.1M$26.6M50xas long as short
Extended XMR-USD+0.0624%1h576.79+0.049%$3.1M$8.4M25xas long as short
Pacifica XMR+0.0626%1h576.12−0.067%$266K$1.1M10xas long as short
Aster XMRUSDTshort+0.0681%8h575.63−0.153%$639K$2.4M75x
Nado XMR-PERP+0.0689%1h576.02−0.084%$1.3M$465K10xas long as short
Hyperliquid XMRlong+0.0723%1h576.51long leg$86.6M$71.1M5x
Paradex XMR-USD-PERP+0.0766%8h576.25−0.045%$8K$4K20xas long as short
BloFin XMR-USDT+0.0773%8h575.98−0.092%$2.7M$11.2M75xas long as short
GRVT XMR_USDT_Perp+0.0843%8h575.80−0.124%$345K$742K10xas long as short
SoDEX XMR-USD+0.0928%1h576.83+0.056%$438K$3K5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0990% / S −0.1253%1h575.81−0.122%$592K100xas long as short
Variational Omni XMR+0.1030%8h574.19−0.402%$6.5M$2.2Mas long as short
Orderly PERP_XMR_USDC+0.1122%8h576.87+0.062%$41K$734K10xas long as short
Aftermath Perps XMRUSD+0.2151%1h575.89−0.108%$1K$44K10xas long as short