Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0609%/8h= −66.7% APRpaid last 24h −0.076%

Price spread now: Aster against SoDEX+0.020%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$440.438% of the position

Long on SoDEX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.245%−$24 on $10k

Price spread, last 4 days (all we have)−0.266%−$27 · spread now +0.020%, 7d avg −0.035%

Together, before fees−0.510%+ Points / potential airdropAster: Stage 5 · farm board−$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.055% dearer against SoDEX than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.035%): +$5 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 3 days (−0.245% in total) that is about 18 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX XMR-USD	584.96	0.1328	pay 0.0166% / 1h	28m 54s	$445K	$3K	5x
Short	Aster XMRUSDT	585.07	0.0719	get 0.0719% / 8h	5h 28m	$650K	$2.4M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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 SoDEXbpFee AsterbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$127.92
Price spread: +0.020% → −0.035%: $5.48
Slippage, 4 orders: −$27.76
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$166.21
Costs to cover: 0.438%
Break-even: never at this rate

Slippage from SoDEX: live order book, 35 min ago; Aster: live order book, 5 min ago.

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 SoDEX live order book, 35 min ago	0.09 bp	12.7 bp −$13	49.0 bp −$490	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	1.37 bp	9.8 bp −$10	42.8 bp −$428	doesn't fit	doesn't fit

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	−0.042%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	−0.412%	$3K	$6K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	583.28	−0.287%	$1.0M	$658K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	585.08	+0.021%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	584.00	−0.164%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	585.29	+0.056%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0308%	1h	582.82	−0.365%	$106K	$50K	5x	as long as short
Polymarket Perps XMR-USD	+0.0453%	1h	585.48	+0.089%	$31K	$2.1M	5x	as long as short
MEXC XMR_USDT	+0.0520%	8h	584.79	−0.029%	$20.7M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0520%	8h	584.88	−0.014%	$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	−0.038%	$3.3M	$7.2M	10x	as long as short
Gate XMR_USDT	+0.0586%	8h	584.95	−0.002%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0600%	8h	584.93	−0.005%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0611%	8h	584.52	−0.075%	$9.6M	$14.1M	50x	as long as short
Bybit XMRUSDT	+0.0630%	8h	584.86	−0.017%	$47.5M	$64.3M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0676%	1h	585.05	+0.015%	$171K	$538K	20x	as long as short
Aster XMRUSDTshort	+0.0719%	8h	585.07	+0.020%	$650K	$2.4M	75x
KuCoin XMRUSDTM	+0.0775%	8h	584.51	−0.077%	$48.0M	$26.0M	50x	as long as short
BloFin XMR-USDT	+0.0792%	8h	584.85	−0.019%	$2.7M	$11.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0956%	1h	583.45	−0.258%	$5.5M	$19.6M	50x	as long as short
Paradex XMR-USD-PERP	+0.0983%	8h	583.80	−0.199%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0994%	8h	584.28	−0.117%	$346K	$766K	10x	as long as short
Pacifica XMR	+0.0996%	1h	583.98	−0.167%	$271K	$1.1M	10x	as long as short
Nado XMR-PERP	+0.0997%	1h	585.96	+0.172%	$1.3M	$463K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1028% / S −0.1376%	1h	584.60	−0.061%	$651K	—	100x	as long as short
Variational Omni XMR	+0.1086%	8h	583.80	−0.199%	$6.6M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1105%	8h	585.43	+0.080%	$41K	$727K	10x	as long as short
Hyperliquid XMR	+0.1141%	1h	584.95	−0.002%	$88.0M	$71.7M	5x	as long as short
Extended XMR-USD	+0.1248%	1h	584.63	−0.057%	$3.1M	$8.0M	25x	as long as short
SoDEX XMR-USDlong	+0.1328%	1h	584.96	long leg	$445K	$3K	5x
Aftermath Perps XMRUSD	+0.2551%	1h	583.42	−0.263%	$2K	$45K	10x	as long as short