Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0643%/8h= −70.4% APRpaid last 24h −0.233%

Price spread now: gTrade (Gains Network) against Aster−0.033%52s7-day average — · you buy dearer than you sell

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

Long on Aster Short on gTrade (Gains Network)

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 airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and gTrade (Gains Network) is 0.033% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 52 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	Aster XMRUSDT	572.20	0.0648	pay 0.0648% / 8h	13m 33s	$640K	$1.7M	75x
Short	gTrade (Gains Network) XMR/USD	572.02	L +0.0010% / S −0.0005%	get 0.0001% / 1h	13m 33s	$33K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) against Aster. 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 AsterbpFee gTrade (Gains Network)bpOrdersPrice spread, now −0.033%Rate

Funding earned: −$135.09
Price spread: −0.033% → 0.000%: −$3.3
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$158.39
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 5 min ago; gTrade (Gains Network): 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 Aster live order book, 5 min ago	2.18 bp	9.9 bp −$10	36.2 bp −$362	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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/USDshort	L +0.0010% / S −0.0005%	1h	572.02	−0.033%	$33K	—	150x
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.808%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	572.48	+0.049%	$1.0M	$550K	10x	as long as short
Polymarket Perps XMR-USD	+0.0100%	1h	572.76	+0.097%	$30K	$1.7M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	572.65	+0.078%	$2K	$1.3M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.67	+0.081%	$1.1M	$1.1M	20x	as long as short
Extended XMR-USD	+0.0104%	1h	571.60	−0.105%	$3.0M	$7.8M	25x	as long as short
Aevo XMR-PERP	+0.0208%	1h	572.64	+0.077%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0290%	8h	571.65	−0.097%	$45.2M	$18.7M	50x	as long as short
Lighter XMR	+0.0336%	1h	571.71	−0.086%	$3.1M	$5.9M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0438%	8h	571.96	−0.043%	$46.4M	$51.4M	75x	as long as short
Gate XMR_USDT	+0.0469%	8h	571.02	−0.207%	$1.5M	$2.9M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0480%	1h	573.23	+0.179%	$175K	$420K	20x	as long as short
BingX XMR-USDT	+0.0494%	8h	571.76	−0.078%	—	$5.3M	—	as long as short
Hyperliquid XMR	+0.0507%	1h	571.73	−0.083%	$86.8M	$60.9M	5x	as long as short
Binance XMRUSDT	+0.0511%	8h	571.82	−0.067%	$52.2M	$111.3M	75x	as long as short
MEXC XMR_USDT	+0.0511%	8h	571.98	−0.039%	$20.1M	$11.1M	100x	as long as short
Bitget XMRUSDT	+0.0517%	8h	572.02	−0.032%	$9.4M	$10.6M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0618%	1h	572.27	+0.011%	$5.4M	$9.6M	50x	as long as short
Aster XMRUSDTlong	+0.0648%	8h	572.20	long leg	$640K	$1.7M	75x
Paradex XMR-USD-PERP	+0.0659%	8h	571.76	−0.078%	$8K	$2K	20x	as long as short
Pacifica XMR	+0.0735%	1h	571.75	−0.079%	$267K	$788K	10x	as long as short
SoDEX XMR-USD	+0.0767%	1h	573.08	+0.153%	$436K	$3K	5x	as long as short
dYdX XMR-USD	+0.0796%	1h	571.10	−0.194%	$103K	$29K	5x	as long as short
BloFin XMR-USDT	+0.0827%	8h	572.45	+0.043%	$2.7M	$10.1M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0841%	8h	573.09	+0.155%	$332K	$639K	10x	as long as short
Variational Omni XMR	+0.0855%	8h	572.61	+0.070%	$6.2M	$2.3M	—	as long as short
Nado XMR-PERP	+0.0972%	1h	572.98	+0.135%	$1.2M	$331K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1123% / S −0.1459%	1h	571.37	−0.146%	$595K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1152%	8h	573.03	+0.144%	$40K	$448K	10x	as long as short
Aftermath Perps XMRUSD	+0.1996%	1h	573.03	+0.144%	$1K	$39K	10x	as long as short