Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0735%/8h= +80.5% APRpaid last 24h +0.169%

Price spread now: Aster against Injective−1.671%47s7-day average — · you buy dearer than you sell

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

Long on Injective Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Aster is 1.671% cheaper against Injective than usual: you would sell low and buy high (spread −1.671% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$167 on $10k: about 7.6 days of funding at the current rate (+$22 a day). The two prices were read 47 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	Injective XMR/USDC PERP	582.55	0.0033	pay 0.0004% / 1h	34m 37s	$3K	$3K	12x
Short	Aster XMRUSDT	572.81	0.0769	get 0.0769% / 8h	2h 34m	$642K	$2.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Injective. 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 InjectivebpFee AsterbpOrdersPrice spread, now −1.671%Rate

Funding earned: $154.44
Price spread: −1.671% → 0.000%: −$167.15
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.72
Costs to cover: 0.080%
Break-even: 7.9 days

Slippage unknown: Injective: no order-book sample; Aster: 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 Injective no order-book sample	—	—	—	—	—
Sell Aster live order book, 4 min ago	2.10 bp	10.3 bp −$10	36.3 bp −$363	doesn't fit	doesn't fit

Injective: 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 −0.0003%	1h	572.70	−1.690%	$37K	—	150x	as long as short
Injective XMR/USDC PERPlong	+0.0033%	1h	582.55	long leg	$3K	$3K	12x
edgeX XMRUSDC	+0.0100%	4h	571.71	−1.861%	$1.0M	$643K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	573.59	−1.538%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	573.00	−1.639%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0232%	1h	573.95	−1.476%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0314%	8h	572.10	−1.794%	$44.9M	$26.2M	50x	as long as short
dYdX XMR-USD	+0.0493%	1h	571.62	−1.877%	$104K	$44K	5x	as long as short
Bitget XMRUSDT	+0.0575%	8h	572.53	−1.720%	$9.4M	$13.3M	50x	as long as short
MEXC XMR_USDT	+0.0616%	8h	572.85	−1.665%	$19.7M	$14.6M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0616%	8h	572.59	−1.709%	$52.4M	$161.2M	75x	as long as short
Gate XMR_USDT	+0.0625%	8h	572.51	−1.723%	$1.5M	$4.3M	50x	as long as short
BingX XMR-USDT	+0.0672%	8h	572.65	−1.699%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0716%	8h	572.25	−1.768%	$46.4M	$64.3M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0747%	1h	573.35	−1.579%	$5.4M	$19.1M	50x	as long as short
Extended XMR-USD	+0.0768%	1h	572.51	−1.724%	$3.0M	$8.2M	25x	as long as short
Aster XMRUSDTshort	+0.0769%	8h	572.81	−1.671%	$642K	$2.2M	75x
Polymarket Perps XMR-USD	+0.0779%	1h	573.46	−1.560%	$28K	$2.2M	5x	as long as short
Pacifica XMR	+0.0912%	1h	572.74	−1.684%	$265K	$1.0M	10x	as long as short
Paradex XMR-USD-PERP	+0.0936%	8h	572.70	−1.690%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.1007%	8h	571.95	−1.820%	$330K	$728K	10x	as long as short
BloFin XMR-USDT	+0.1013%	8h	574.03	−1.463%	$2.7M	$11.2M	75x	as long as short
Lighter XMR	+0.1024%	1h	572.82	−1.671%	$3.1M	$7.5M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1057% / S −0.1398%	1h	572.59	−1.710%	$592K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1186%	8h	574.04	−1.461%	$40K	$713K	10x	as long as short
Variational Omni XMR	+0.1193%	8h	571.73	−1.858%	$6.3M	$2.3M	—	as long as short
Hyperliquid XMR	+0.1215%	1h	573.06	−1.629%	$86.4M	$70.9M	5x	as long as short
Backpack XMR_USDC_PERP	+0.1372%	1h	573.89	−1.487%	$169K	$532K	20x	as long as short
Nado XMR-PERP	+0.1378%	1h	572.52	−1.722%	$1.3M	$455K	10x	as long as short
SoDEX XMR-USD	+0.1415%	1h	574.43	−1.394%	$437K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.2105%	1h	571.51	−1.895%	$1K	$43K	10x	as long as short