Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.2031%/8h= −222.4% APRpaid last 24h −0.461%

Price spread now: MEXC against Aftermath Perps+0.271%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on MEXC

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—needs both histories

The price spread pays, funding is against you. MEXC is 0.271% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.271% now, against zero (this spread has no 7-day history yet)): +$27 on $10k if it goes back. Holding the pair costs −$61 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XMRUSD	583.42	0.2551	pay 0.0319% / 1h	29m 08s	$2K	$45K	10x
Short	MEXC XMR_USDT	585.00	0.0520	get 0.0520% / 8h	5h 29m	$20.7M	$15.2M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Aftermath 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 Aftermath PerpsbpFee MEXCbpOrdersPrice spread, now +0.271%Rate

Funding earned: −$426.55
Price spread: +0.271% → 0.000%: $27.08
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$412.47
Costs to cover: 0.130%
Break-even: from the start

Slippage unknown: Aftermath Perps: no order-book sample; MEXC: live order book, 4 min ago. 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 Aftermath Perps no order-book sample	—	—	—	—	—
Sell MEXC live order book, 4 min ago	0.09 bp	18.4 bp −$18	32.3 bp −$323	83.6 bp −$8,364	238.5 bp −$119.2K

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
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0010%	1h	584.72	+0.222%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	−0.149%	$3K	$6K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	583.28	−0.024%	$1.0M	$658K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	585.08	+0.284%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	584.00	+0.099%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	585.29	+0.320%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0308%	1h	582.82	−0.102%	$106K	$50K	5x	as long as short
Polymarket Perps XMR-USD	+0.0453%	1h	585.48	+0.353%	$31K	$2.1M	5x	as long as short
MEXC XMR_USDTshort	+0.0520%	8h	585.00	+0.271%	$20.7M	$15.2M	100x
Binance XMRUSDT	+0.0520%	8h	584.72	+0.223%	$53.2M	$166.3M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0576%	1h	584.74	+0.226%	$3.3M	$7.2M	10x	as long as short
Gate XMR_USDT	+0.0586%	8h	584.95	+0.262%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0600%	8h	584.79	+0.235%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0611%	8h	584.52	+0.189%	$9.6M	$14.1M	50x	as long as short
Bybit XMRUSDT	+0.0630%	8h	585.14	+0.295%	$47.5M	$64.3M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0676%	1h	585.05	+0.279%	$171K	$538K	20x	as long as short
Aster XMRUSDT	+0.0719%	8h	585.16	+0.299%	$651K	$2.4M	75x	as long as short
KuCoin XMRUSDTM	+0.0775%	8h	584.58	+0.199%	$48.0M	$26.0M	50x	as long as short
BloFin XMR-USDT	+0.0792%	8h	584.85	+0.245%	$2.7M	$11.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0956%	1h	583.45	+0.005%	$5.5M	$19.6M	50x	as long as short
Paradex XMR-USD-PERP	+0.0983%	8h	583.80	+0.065%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0994%	8h	584.28	+0.147%	$346K	$766K	10x	as long as short
Pacifica XMR	+0.0996%	1h	583.98	+0.096%	$271K	$1.1M	10x	as long as short
Nado XMR-PERP	+0.0997%	1h	585.96	+0.436%	$1.3M	$463K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1028% / S −0.1376%	1h	584.60	+0.203%	$651K	—	100x	as long as short
Variational Omni XMR	+0.1086%	8h	583.80	+0.064%	$6.6M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1105%	8h	585.43	+0.344%	$41K	$727K	10x	as long as short
Hyperliquid XMR	+0.1141%	1h	584.95	+0.262%	$88.0M	$71.7M	5x	as long as short
Extended XMR-USD	+0.1248%	1h	585.12	+0.291%	$3.1M	$8.0M	25x	as long as short
SoDEX XMR-USD	+0.1328%	1h	584.96	+0.264%	$445K	$3K	5x	as long as short
Aftermath Perps XMRUSDlong	+0.2551%	1h	583.42	long leg	$2K	$45K	10x