Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0287%/8h= +31.4% APRpaid last 24h −0.011%

Price spread now: Aster against Polymarket Perps+0.099%46s7-day average −0.038% · 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—prices read too far apart to compare

costs, in and out, $10k−$380.375% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.287%−$29 on $10k

Price spread, last 7 days−0.062%−$6 · spread now +0.099%, 7d avg −0.038%

Together, before fees−0.349%+ Points / potential airdropAster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Aster is 0.136% dearer against Polymarket Perps than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.038%. Mind the row above: over the last 5 days funding on this pair cost −0.287%, so the current rate has only just turned in your favour. The two prices were read 46 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	Polymarket Perps XMR-USD	589.37	0.0292	pay 0.0036% / 1h	56m 41s	$24K	$1.8M	5x
Short	Aster XMRUSDT	589.95	0.0579	get 0.0579% / 8h	2h 56m	$668K	$2.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Polymarket Perps. 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 Polymarket PerpsbpFee AsterbpOrdersPrice spread, now +0.099%Rate

Funding earned: $60.22
Price spread: +0.099% → −0.038%: $13.64
Slippage, 4 orders: −$21.55
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: $36.31
Costs to cover: 0.375%
Break-even: 2.8 days

Slippage from Polymarket Perps: 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 Polymarket Perps live order book, 2 min ago	2.46 bp	6.5 bp −$6	6.5 bp −$65	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	1.44 bp	11.9 bp −$12	52.7 bp −$527	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
dYdX XMR-USD	0.0000%	1h	589.74	+0.063%	$107K	$49K	5x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	588.72	−0.110%	$44K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	554.47	−5.922%	$3K	$5K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	590.36	+0.168%	$47.2M	$60.7M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0100%	1h	589.19	−0.031%	$214K	$556K	20x	as long as short
edgeX XMRUSDC	+0.0100%	4h	589.06	−0.052%	$1.0M	$671K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	588.61	−0.129%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	589.74	+0.063%	$12K	—	3x	as long as short
Polymarket Perps XMR-USDlong	+0.0292%	1h	589.37	long leg	$24K	$1.8M	5x
Lighter XMR	+0.0320%	1h	590.59	+0.206%	$3.5M	$6.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDT	+0.0334%	8h	590.27	+0.153%	$1.6M	$4.5M	50x	as long as short
Variational Omni XMR	+0.0338%	8h	590.26	+0.152%	$6.9M	$2.8M	—	as long as short
SoDEX XMR-USD	+0.0368%	1h	589.58	+0.036%	$448K	$4K	5x	as long as short
MEXC XMR_USDT	+0.0387%	8h	590.82	+0.246%	$22.6M	$15.1M	100x	as long as short
Binance XMRUSDT	+0.0389%	8h	590.86	+0.253%	$54.3M	$162.4M	75x	as long as short
BingX XMR-USDT	+0.0395%	8h	590.28	+0.154%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0413%	8h	590.52	+0.195%	$9.8M	$13.9M	50x	as long as short
Nado XMR-PERP	+0.0452%	1h	589.04	−0.055%	$1.3M	$478K	10x	as long as short
BloFin XMR-USDT	+0.0547%	8h	589.79	+0.071%	$2.5M	$11.2M	75x	as long as short
Aster XMRUSDTshort	+0.0579%	8h	589.95	+0.099%	$668K	$2.4M	75x
Kraken Futures PF_XMRUSD	+0.0617%	1h	589.09	−0.047%	$5.5M	$20.3M	50x	as long as short
KuCoin XMRUSDTM	+0.0618%	8h	590.66	+0.219%	$49.1M	$25.6M	50x	as long as short
Pacifica XMR	+0.0619%	1h	590.94	+0.267%	$268K	$1.1M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0650%	8h	588.42	−0.161%	$345K	$798K	10x	as long as short
Paradex XMR-USD-PERP	+0.0738%	8h	590.80	+0.243%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0837% / S −0.1411%	1h	588.70	−0.114%	$350K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0881%	8h	589.42	+0.008%	$48K	$729K	10x	as long as short
Extended XMR-USD	+0.1144%	1h	590.41	+0.176%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1450%	1h	591.49	+0.360%	$85.6M	$65.1M	5x	as long as short
Aftermath Perps XMRUSD	+0.2211%	1h	589.88	+0.086%	$1K	$47K	10x	as long as short
HTX XMR-USDT	+0.2267%	8h	589.80	+0.073%	$1.1M	$1.4M	20x	as long as short