Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0250%/8h= −27.4% APRpaid last 24h −0.038%

Price spread now: Aster against Kraken Futures+0.175%7-day average +0.126% · 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−$45as in the Price arb table

costs, in and out, $10k−$500.497% of the position

Long on Kraken Futures Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.204%−$20 on $10k

Price spread, last 4 days (all we have)−0.250%−$25 · spread now +0.175%, 7d avg +0.126%

Together, before fees−0.454%+ Points / potential airdropAster: Stage 5 · farm board−$45 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.049% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.175% now, against its 7-day average of +0.126%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 16 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XMRUSD	581.05	0.0960	pay 0.0120% / 1h	40m 50s	$5.5M	$19.7M	50x
Short	Aster XMRUSDT	582.06	0.0710	get 0.0710% / 8h	5h 40m	$649K	$2.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Kraken Futures. 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 Kraken FuturesbpFee AsterbpOrdersPrice spread, now +0.175%Rate

Funding earned: −$52.53
Price spread: +0.175% → +0.126%: $4.92
Slippage, 4 orders: −$31.66
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$97.28
Costs to cover: 0.497%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 3 min ago; Aster: live order book, 3 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 Kraken Futures live order book, 3 min ago	7.82 bp	13.0 bp −$13	29.7 bp −$297	106.7 bp −$10.7K	doesn't fit
Sell Aster live order book, 3 min ago	1.37 bp	10.0 bp −$10	41.7 bp −$417	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 −0.0010%	1h	580.84	−0.036%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+2.704%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	583.21	+0.373%	$1.0M	$656K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	581.47	+0.073%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	581.68	+0.109%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	582.26	+0.208%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0358%	1h	581.15	+0.018%	$105K	$50K	5x	as long as short
Polymarket Perps XMR-USD	+0.0494%	1h	582.01	+0.166%	$31K	$2.1M	5x	as long as short
MEXC XMR_USDT	+0.0518%	8h	582.39	+0.231%	$20.7M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0519%	8h	582.28	+0.212%	$53.0M	$166.8M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0568%	1h	581.98	+0.161%	$3.3M	$7.1M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0590%	1h	581.50	+0.078%	$170K	$539K	20x	as long as short
Bitget XMRUSDT	+0.0616%	8h	582.04	+0.171%	$9.5M	$14.1M	50x	as long as short
Gate XMR_USDT	+0.0626%	8h	581.39	+0.059%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0639%	8h	582.49	+0.248%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0668%	8h	582.48	+0.247%	$47.3M	$64.8M	75x	as long as short
Aster XMRUSDTshort	+0.0710%	8h	582.06	+0.175%	$649K	$2.4M	75x
KuCoin XMRUSDTM	+0.0780%	8h	581.93	+0.152%	$47.8M	$26.1M	50x	as long as short
BloFin XMR-USDT	+0.0789%	8h	582.65	+0.276%	$2.8M	$11.4M	75x	as long as short
Kraken Futures PF_XMRUSDlong	+0.0960%	1h	581.05	long leg	$5.5M	$19.7M	50x
GMX XMR/USD [WBTC.b-USDC]	L +0.0995% / S −0.1304%	1h	580.91	−0.024%	$648K	—	100x	as long as short
Pacifica XMR	+0.0996%	1h	582.00	+0.164%	$262K	$1.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0998%	8h	583.48	+0.419%	$345K	$766K	10x	as long as short
Paradex XMR-USD-PERP	+0.1006%	8h	582.01	+0.166%	$8K	$4K	20x	as long as short
Nado XMR-PERP	+0.1053%	1h	582.24	+0.205%	$1.3M	$463K	10x	as long as short
Variational Omni XMR	+0.1074%	8h	582.21	+0.201%	$6.6M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1092%	8h	582.13	+0.186%	$42K	$736K	10x	as long as short
Hyperliquid XMR	+0.1181%	1h	582.25	+0.208%	$87.5M	$71.9M	5x	as long as short
SoDEX XMR-USD	+0.1341%	1h	582.25	+0.207%	$443K	$3K	5x	as long as short
Extended XMR-USD	+0.1416%	1h	582.25	+0.207%	$3.1M	$8.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2607%	1h	582.03	+0.169%	$1K	$46K	10x	as long as short