Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0620%/8h= +67.9% APRpaid last 24h +0.154%

Price spread now: Aster against Injective−1.937%107s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Aster is 1.937% cheaper against Injective than usual: you would sell low and buy high (spread −1.937% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$194 on $10k: about 10 days of funding at the current rate (+$19 a day). The two prices were read 107 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective XMR/USDC PERP	596.76	0.0033	pay 0.0004% / 1h	31m 38s	$3K	$4K	12x
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 Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now −1.937%Rate

Funding earned: $130.29
Price spread: −1.937% → 0.000%: −$193.71
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: −$71.44
Costs to cover: 0.080%
Break-even: 10.8 days

Slippage unknown: Injective: no order-book sample; Aster: live order book, 2 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
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

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−2.029%	$35K	—	150x	as long as short
Injective XMR/USDC PERPlong	+0.0033%	1h	596.76	long leg	$3K	$4K	12x
edgeX XMRUSDC	+0.0100%	4h	582.75	−2.347%	$1.0M	$669K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	584.49	−2.056%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	584.00	−2.138%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	585.40	−1.904%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0477%	8h	585.77	−1.842%	$20.9M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0485%	8h	585.91	−1.819%	$53.6M	$168.4M	75x	as long as short
Gate XMR_USDT	+0.0503%	8h	584.89	−1.989%	$1.6M	$4.6M	50x	as long as short
dYdX XMR-USD	+0.0557%	1h	584.55	−2.046%	$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	+0.0593%	8h	585.46	−1.894%	$9.6M	$14.5M	50x	as long as short
Aster XMRUSDTshort	+0.0654%	8h	585.20	−1.937%	$649K	$2.5M	75x
KuCoin XMRUSDTM	+0.0763%	8h	584.99	−1.972%	$47.9M	$26.2M	50x	as long as short
Pacifica XMR	+0.0821%	1h	585.77	−1.841%	$271K	$1.1M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0828%	1h	585.40	−1.904%	$183K	$534K	20x	as long as short
BingX XMR-USDT	+0.0896%	8h	585.84	−1.830%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.0900%	8h	585.80	−1.837%	$47.3M	$65.1M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0918% / S −0.1123%	1h	584.61	−2.036%	$652K	—	100x	as long as short
GRVT XMR_USDT_Perp	+0.0979%	8h	584.15	−2.113%	$340K	$792K	10x	as long as short
Lighter XMR	+0.0992%	1h	585.48	−1.890%	$3.3M	$7.2M	10x	as long as short
Variational Omni XMR	+0.0997%	8h	582.24	−2.432%	$6.6M	$2.9M	—	as long as short
Polymarket Perps XMR-USD	+0.1032%	1h	585.51	−1.885%	$48K	$2.0M	5x	as long as short
Orderly PERP_XMR_USDC	+0.1049%	8h	585.32	−1.917%	$42K	$735K	10x	as long as short
Paradex XMR-USD-PERP	+0.1201%	8h	584.99	−1.972%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.1308%	1h	584.51	−2.053%	$5.6M	$20.4M	50x	as long as short
Nado XMR-PERP	+0.1367%	1h	586.00	−1.803%	$1.3M	$466K	10x	as long as short
SoDEX XMR-USD	+0.1696%	1h	585.55	−1.878%	$445K	$3K	5x	as long as short
Hyperliquid XMR	+0.1739%	1h	585.71	−1.852%	$88.5M	$73.6M	5x	as long as short
Extended XMR-USD	+0.1984%	1h	585.65	−1.861%	$3.2M	$8.2M	25x	as long as short
Aftermath Perps XMRUSD	+0.2758%	1h	583.03	−2.300%	$1K	$46K	10x	as long as short