Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0825%/8h= −90.3% APRpaid last 24h −0.179%

Price spread now: Aevo against Variational Omni+0.252%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

The price spread pays, funding is against you. Aevo is 0.252% dearer against Variational Omni than usual: you sell high and buy low (spread +0.252% now, against zero (this spread has no 7-day history yet)): +$25 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 24 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XMR	577.31	0.1025	pay 0.1025% / 8h	4h 28m	$6.6M	$2.2M	—
Short	Aevo XMR-PERP	578.76	0.0200	get 0.0025% / 1h	28m 42s	$12K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now +0.252%Rate

Funding earned: −$173.24
Price spread: +0.252% → 0.000%: $25.19
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$164.05
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, just now; Aevo: no order-book sample. 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 Variational Omni RFQ quote, just now	5.99 bp	doesn't fit	13.6 bp −$136	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 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
Injective XMR/USDC PERP	−0.0136%	1h	582.55	+0.908%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	577.79	+0.084%	$49K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	577.04	−0.046%	$3.3M	$7.4M	10x	as long as short
edgeX XMRUSDC	+0.0100%	4h	577.37	+0.011%	$1.0M	$656K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	578.18	+0.151%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	577.00	−0.054%	$1.1M	$1.6M	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0148%	1h	577.24	−0.012%	$5.4M	$19.5M	50x	as long as short
Aevo XMR-PERPshort	+0.0200%	1h	578.76	+0.252%	$12K	—	3x
Polymarket Perps XMR-USD	+0.0229%	1h	578.30	+0.172%	$24K	$2.2M	5x	as long as short
Gate XMR_USDT	+0.0385%	8h	577.50	+0.033%	$1.5M	$4.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0396%	8h	577.84	+0.092%	$46.9M	$64.3M	75x	as long as short
dYdX XMR-USD	+0.0447%	1h	577.10	−0.036%	$105K	$44K	5x	as long as short
MEXC XMR_USDT	+0.0487%	8h	577.82	+0.089%	$20.3M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0489%	8h	578.03	+0.125%	$52.7M	$164.7M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0507%	1h	577.90	+0.102%	$169K	$534K	20x	as long as short
BingX XMR-USDT	+0.0514%	8h	577.88	+0.099%	—	$5.7M	—	as long as short
KuCoin XMRUSDTM	+0.0524%	8h	577.23	−0.014%	$45.1M	$26.6M	50x	as long as short
Bitget XMRUSDT	+0.0535%	8h	578.01	+0.121%	$9.4M	$14.0M	50x	as long as short
Pacifica XMR	+0.0626%	1h	577.80	+0.085%	$268K	$1.1M	10x	as long as short
Extended XMR-USD	+0.0640%	1h	577.73	+0.073%	$3.1M	$8.4M	25x	as long as short
Aster XMRUSDT	+0.0689%	8h	578.20	+0.154%	$642K	$2.4M	75x	as long as short
Nado XMR-PERP	+0.0723%	1h	578.50	+0.207%	$1.3M	$466K	10x	as long as short
Hyperliquid XMR	+0.0753%	1h	577.86	+0.095%	$86.8M	$71.1M	5x	as long as short
Paradex XMR-USD-PERP	+0.0764%	8h	577.68	+0.064%	$8K	$4K	20x	as long as short
BloFin XMR-USDT	+0.0794%	8h	578.30	+0.172%	$2.7M	$11.3M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0858%	8h	577.75	+0.076%	$346K	$742K	10x	as long as short
SoDEX XMR-USD	+0.0978%	1h	578.73	+0.246%	$440K	$3K	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0991% / S −0.1253%	1h	577.47	+0.027%	$594K	—	100x	as long as short
Variational Omni XMRlong	+0.1025%	8h	577.31	long leg	$6.6M	$2.2M	—
Orderly PERP_XMR_USDC	+0.1123%	8h	578.51	+0.208%	$41K	$734K	10x	as long as short
Aftermath Perps XMRUSD	+0.2103%	1h	576.56	−0.130%	$1K	$44K	10x	as long as short