Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1292%/8h= +141.4% APRpaid last 24h +0.421%

Price spread now: Aftermath Perps against Variational Omni−0.037%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Aftermath Perps

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

Funding pays, the price is against you. Aftermath Perps is 0.037% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$39 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XMR	581.73	0.1048	pay 0.1048% / 8h	4h 53m	$6.6M	$2.4M	—
Short	Aftermath Perps XMRUSD	581.51	0.2340	get 0.0292% / 1h	53m 38s	$1K	$45K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Variational Omni. 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 Variational OmnibpFee Aftermath PerpsbpOrdersPrice spread, now −0.037%Rate

Funding earned: $271.22
Price spread: −0.037% → 0.000%: −$3.68
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $258.54
Costs to cover: 0.090%
Break-even: 0.3 days

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aftermath Perps: 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, 1 min ago	3.83 bp	doesn't fit	12.5 bp −$125	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

Aftermath Perps: 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	+0.141%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0010%	1h	580.73	−0.172%	$46K	—	150x	as long as short
edgeX XMRUSDC	+0.0100%	4h	581.61	−0.021%	$1.0M	$654K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	581.00	−0.125%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	582.34	+0.105%	$1.1M	$1.6M	20x	as long as short
Polymarket Perps XMR-USD	+0.0137%	1h	581.58	−0.026%	$22K	$2.1M	5x	as long as short
Kraken Futures PF_XMRUSD	+0.0148%	1h	580.26	−0.252%	$5.5M	$19.6M	50x	as long as short
Lighter XMR	+0.0152%	1h	581.18	−0.094%	$3.2M	$7.2M	10x	as long as short
Aevo XMR-PERP	+0.0200%	1h	581.45	−0.048%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0328%	1h	580.97	−0.130%	$105K	$44K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0443%	8h	580.93	−0.137%	$47.2M	$63.7M	75x	as long as short
Gate XMR_USDT	+0.0497%	8h	581.16	−0.098%	$1.6M	$4.4M	50x	as long as short
MEXC XMR_USDT	+0.0497%	8h	581.35	−0.065%	$20.7M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0497%	8h	581.18	−0.094%	$52.9M	$164.6M	75x	as long as short
BingX XMR-USDT	+0.0557%	8h	581.14	−0.101%	—	$5.6M	—	as long as short
Bitget XMRUSDT	+0.0581%	8h	581.26	−0.081%	$9.5M	$13.8M	50x	as long as short
Pacifica XMR	+0.0626%	1h	581.20	−0.091%	$268K	$1.1M	10x	as long as short
Backpack XMR_USDC_PERP	+0.0637%	1h	581.05	−0.117%	$170K	$534K	20x	as long as short
KuCoin XMRUSDTM	+0.0647%	8h	580.93	−0.137%	$47.7M	$25.3M	50x	as long as short
Nado XMR-PERP	+0.0658%	1h	582.26	+0.091%	$1.3M	$462K	10x	as long as short
Aster XMRUSDT	+0.0708%	8h	581.36	−0.063%	$654K	$2.4M	75x	as long as short
Hyperliquid XMR	+0.0742%	1h	581.23	−0.086%	$87.4M	$70.8M	5x	as long as short
BloFin XMR-USDT	+0.0764%	8h	582.32	+0.102%	$2.7M	$11.3M	75x	as long as short
SoDEX XMR-USD	+0.0810%	1h	581.62	−0.019%	$442K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0844%	8h	581.28	−0.076%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0886%	8h	581.84	+0.019%	$338K	$741K	10x	as long as short
Extended XMR-USD	+0.0888%	1h	580.95	−0.133%	$3.1M	$8.2M	25x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0993% / S −0.1252%	1h	580.56	−0.201%	$598K	—	100x	as long as short
Variational Omni XMRlong	+0.1048%	8h	581.73	long leg	$6.6M	$2.4M	—
Orderly PERP_XMR_USDC	+0.1104%	8h	581.39	−0.058%	$41K	$720K	10x	as long as short
Aftermath Perps XMRUSDshort	+0.2340%	1h	581.51	−0.037%	$1K	$45K	10x