Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0031%/8h= −3.4% APRpaid last 24h +0.036%

Price spread now: Aster against Pacifica−0.091%7-day average −0.033% · 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−$47as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.032%+$3 on $10k

Price spread, last 7 days+0.067%+$7 · spread now −0.091%, 7d avg −0.033%

Together, before fees+0.099%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board+$10 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 0.058% cheaper against Pacifica than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.033%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica XMR	591.01	0.0659	pay 0.0082% / 1h	21m 20s	$277K	$1.1M	10x
Short	Aster XMRUSDT	590.47	0.0628	get 0.0628% / 8h	7h 21m	$657K	$2.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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 PacificabpFee AsterbpOrdersPrice spread, now −0.091%Rate

Funding earned: −$6.43
Price spread: −0.091% → −0.033%: −$5.81
Slippage, 4 orders: −$25.08
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$53.32
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from Pacifica: live order book, 3 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 Pacifica live order book, 3 min ago	1.69 bp	11.5 bp −$11	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	2.20 bp	9.0 bp −$9	34.4 bp −$344	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	589.72	−0.219%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.973%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0061%	1h	589.65	−0.230%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.62	+0.103%	$1.1M	$660K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	590.29	−0.122%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	590.54	−0.080%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0192%	1h	590.82	−0.032%	$12K	—	3x	as long as short
Binance XMRUSDT	+0.0429%	8h	590.92	−0.015%	$53.9M	$166.9M	75x	as long as short
MEXC XMR_USDT	+0.0431%	8h	590.85	−0.027%	$21.4M	$15.3M	100x	as long as short
Bitget XMRUSDT	+0.0544%	8h	591.12	+0.019%	$9.7M	$14.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0623%	8h	591.83	+0.139%	$2.8M	$11.6M	75x	as long as short
Aster XMRUSDTshort	+0.0628%	8h	590.47	−0.091%	$657K	$2.5M	75x
Kraken Futures PF_XMRUSD	+0.0645%	1h	589.75	−0.213%	$5.6M	$20.5M	50x	as long as short
Pacifica XMRlong	+0.0659%	1h	591.01	long leg	$277K	$1.1M	10x
KuCoin XMRUSDTM	+0.0693%	8h	590.84	−0.029%	$48.5M	$26.0M	50x	as long as short
Variational Omni XMR	+0.0867%	8h	591.04	+0.005%	$6.8M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0871% / S −0.2458%	1h	589.75	−0.214%	$550K	—	100x	as long as short
Gate XMR_USDT	+0.0872%	8h	590.20	−0.137%	$1.6M	$4.6M	50x	as long as short
Orderly PERP_XMR_USDC	+0.1041%	8h	590.73	−0.047%	$42K	$739K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1050%	1h	590.29	−0.122%	$200K	$527K	20x	as long as short
GRVT XMR_USDT_Perp	+0.1084%	8h	592.83	+0.307%	$350K	$792K	10x	as long as short
Polymarket Perps XMR-USD	+0.1165%	1h	590.84	−0.029%	$48K	$1.9M	5x	as long as short
BingX XMR-USDT	+0.1174%	8h	590.93	−0.014%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1207%	8h	591.17	+0.027%	$47.7M	$64.5M	75x	as long as short
SoDEX XMR-USD	+0.1235%	1h	590.85	−0.027%	$449K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.1260%	8h	590.57	−0.074%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1272%	1h	590.86	−0.025%	$3.3M	$7.1M	10x	as long as short
Nado XMR-PERP	+0.1431%	1h	590.91	−0.016%	$1.3M	$466K	10x	as long as short
Hyperliquid XMR	+0.2022%	1h	591.47	+0.078%	$89.9M	$72.8M	5x	as long as short
Extended XMR-USD	+0.2512%	1h	590.75	−0.043%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2622%	1h	591.14	+0.023%	$1K	$46K	10x	as long as short