Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0186%/8h= +20.4% APRpaid last 24h −0.086%

Price spread now: Aster against SoDEX−0.247%56s7-day average −0.041% · 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—prices read too far apart to compare

costs, in and out, $10k−$470.470% of the position

Long on SoDEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.239%−$24 on $10k

Price spread, last 3 days (all we have)+0.091%+$9 · spread now −0.247%, 7d avg −0.041%

Together, before fees−0.147%+ Points / potential airdropAster: Stage 5 · farm board−$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.206% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.247% now, against its 7-day average of −0.041%). If the spread goes back, that is −$21 on $10k: about 3.7 days of funding at the current rate (+$6 a day). Mind the row above: over the last 3 days funding on this pair cost −0.239%, so the current rate has only just turned in your favour. The two prices were read 56 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	SoDEX XMR-USD	596.06	0.0366	pay 0.0046% / 1h	30m 30s	$453K	$3K	5x
Short	Aster XMRUSDT	594.59	0.0552	get 0.0552% / 8h	2h 30m	$675K	$2.3M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 SoDEXbpFee AsterbpOrdersPrice spread, now −0.247%Rate

Funding earned: $39.12
Price spread: −0.247% → −0.041%: −$20.58
Slippage, 4 orders: −$31.04
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$28.49
Costs to cover: 0.470%
Break-even: 12.1 days

Slippage from SoDEX: live order book, 58 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 SoDEX live order book, 58 min ago	0.17 bp	13.0 bp −$13	44.7 bp −$447	doesn't fit	doesn't fit
Sell Aster live order book, 3 min ago	2.52 bp	11.6 bp −$12	45.2 bp −$452	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	593.67	−0.400%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.700%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	593.96	−0.352%	$47.6M	$60.8M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	595.70	−0.060%	$1.1M	$673K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	595.43	−0.106%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0176%	1h	595.94	−0.020%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0226%	1h	594.96	−0.185%	$203K	$574K	20x	as long as short
Polymarket Perps XMR-USD	+0.0265%	1h	594.36	−0.285%	$33K	$1.8M	5x	as long as short
Variational Omni XMR	+0.0295%	8h	595.15	−0.153%	$6.9M	$2.8M	—	as long as short
Lighter XMR	+0.0296%	1h	594.29	−0.297%	$3.5M	$6.7M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0365%	8h	594.39	−0.280%	$22.6M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0365%	8h	593.87	−0.367%	$54.4M	$162.0M	75x	as long as short
SoDEX XMR-USDlong	+0.0366%	1h	596.06	long leg	$453K	$3K	5x
BingX XMR-USDT	+0.0375%	8h	594.51	−0.260%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0393%	8h	594.31	−0.294%	$9.9M	$14.1M	50x	as long as short
Gate XMR_USDT	+0.0400%	8h	594.14	−0.322%	$1.6M	$4.5M	50x	as long as short
dYdX XMR-USD	+0.0477%	1h	593.51	−0.428%	$108K	$50K	5x	as long as short
BloFin XMR-USDT	+0.0513%	8h	596.35	+0.049%	$2.8M	$11.4M	75x	as long as short
Aster XMRUSDTshort	+0.0552%	8h	594.59	−0.247%	$675K	$2.3M	75x
Kraken Futures PF_XMRUSD	+0.0611%	1h	595.05	−0.169%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	594.18	−0.315%	$268K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.0626%	8h	595.36	−0.118%	$349K	$782K	10x	as long as short
KuCoin XMRUSDTM	+0.0627%	8h	594.28	−0.299%	$49.4M	$25.4M	50x	as long as short
Paradex XMR-USD-PERP	+0.0768%	8h	594.21	−0.310%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0842% / S −0.1411%	1h	595.28	−0.130%	$354K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0886%	8h	595.71	−0.059%	$48K	$729K	10x	as long as short
Nado XMR-PERP	+0.0892%	1h	594.04	−0.339%	$1.3M	$479K	10x	as long as short
Extended XMR-USD	+0.1184%	1h	594.01	−0.344%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1647%	1h	595.06	−0.168%	$86.9M	$65.8M	5x	as long as short
Aftermath Perps XMRUSD	+0.2345%	1h	594.51	−0.260%	$2K	$47K	10x	as long as short
HTX XMR-USDT	+0.2358%	8h	592.96	−0.520%	$1.1M	$1.4M	20x	as long as short