Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0629%/8h= −68.9% APRpaid last 24h −0.179%

Price spread now: Aevo against Variational Omni−0.253%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 Aevo

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

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Aevo is 0.253% cheaper against Variational Omni than usual: you would sell low and buy high (−$25 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XMR	593.30	0.0813	pay 0.0813% / 8h	7h 33m	$6.8M	$2.6M	—
Short	Aevo XMR-PERP	591.80	0.0184	get 0.0023% / 1h	33m 40s	$12K	—	3x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Variational Omni. 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 Variational OmnibpFee AevobpOrdersPrice spread, now −0.253%Rate

Funding earned: −$132.08
Price spread: −0.253% → 0.000%: −$25.33
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$173.41
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Aevo: 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	2.80 bp	doesn't fit	14.4 bp −$144	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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 −0.0009%	1h	591.32	−0.334%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.583%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0070%	1h	589.90	−0.574%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.20	−0.186%	$1.1M	$659K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	592.07	−0.208%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	591.95	−0.228%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERPshort	+0.0184%	1h	591.80	−0.253%	$12K	—	3x
MEXC XMR_USDT	+0.0426%	8h	591.44	−0.314%	$21.5M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0426%	8h	591.23	−0.349%	$54.0M	$166.8M	75x	as long as short
Bitget XMRUSDT	+0.0526%	8h	591.38	−0.324%	$9.7M	$14.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0608%	8h	592.66	−0.108%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0636%	8h	591.84	−0.247%	$656K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0644%	1h	590.19	−0.525%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	591.45	−0.312%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0681%	8h	591.60	−0.287%	$48.5M	$26.1M	50x	as long as short
Variational Omni XMRlong	+0.0813%	8h	593.30	long leg	$6.8M	$2.6M	—
GMX XMR/USD [WBTC.b-USDC]	L +0.0871% / S −0.2452%	1h	591.34	−0.331%	$550K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.0986%	1h	590.82	−0.419%	$200K	$526K	20x	as long as short
Gate XMR_USDT	+0.0996%	8h	591.48	−0.307%	$1.6M	$4.6M	50x	as long as short
Orderly PERP_XMR_USDC	+0.1031%	8h	591.89	−0.238%	$42K	$738K	10x	as long as short
Paradex XMR-USD-PERP	+0.1180%	8h	592.54	−0.128%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1224%	1h	591.23	−0.349%	$3.3M	$7.1M	10x	as long as short
Polymarket Perps XMR-USD	+0.1310%	1h	592.60	−0.118%	$48K	$1.9M	5x	as long as short
GRVT XMR_USDT_Perp	+0.1340%	8h	593.01	−0.049%	$350K	$804K	10x	as long as short
Nado XMR-PERP	+0.1405%	1h	592.79	−0.086%	$1.3M	$467K	10x	as long as short
SoDEX XMR-USD	+0.1429%	1h	591.35	−0.329%	$449K	$3K	5x	as long as short
BingX XMR-USDT	+0.1447%	8h	592.14	−0.196%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1454%	8h	591.35	−0.329%	$47.6M	$64.5M	75x	as long as short
Hyperliquid XMR	+0.2133%	1h	592.18	−0.189%	$89.8M	$72.5M	5x	as long as short
Extended XMR-USD	+0.2464%	1h	591.64	−0.281%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2565%	1h	592.12	−0.199%	$1K	$46K	10x	as long as short