Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.2091%/8h= −229.0% APRpaid last 24h −0.426%

Price spread now: Bitget against Aftermath Perps+0.045%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 Bitget

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. Bitget is 0.045% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$63 a day in funding at the current rate, which eats that in about 2 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XMRUSD	595.74	0.2497	pay 0.0312% / 1h	30m 20s	$2K	$47K	10x
Short	Bitget XMRUSDT	596.01	0.0406	get 0.0406% / 8h	1h 30m	$9.9M	$14.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$439.18
Price spread: +0.045% → 0.000%: $4.55
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$455.64
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Bitget: live order book, 3 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 Bitget live order book, 3 min ago	5.21 bp	14.7 bp −$15	27.6 bp −$276	doesn't fit	doesn't fit

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 −0.0009%	1h	594.43	−0.220%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	595.90	+0.027%	$48.3M	$61.6M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	594.36	−0.232%	$1.1M	$665K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	595.21	−0.089%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	594.89	−0.142%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0269%	8h	595.77	+0.005%	$6.9M	$2.6M	—	as long as short
MEXC XMR_USDT	+0.0324%	8h	595.72	−0.003%	$22.3M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0327%	8h	595.83	+0.015%	$54.7M	$163.0M	75x	as long as short
BingX XMR-USDT	+0.0378%	8h	595.93	+0.032%	—	$5.7M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0383%	1h	594.70	−0.174%	$5.7M	$20.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica XMR	+0.0387%	1h	595.75	+0.002%	$270K	$1.0M	10x	as long as short
Bitget XMRUSDTshort	+0.0406%	8h	596.01	+0.045%	$9.9M	$14.2M	50x
BloFin XMR-USDT	+0.0456%	8h	595.54	−0.033%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0517%	8h	594.95	−0.132%	$1.6M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0527%	8h	594.82	−0.154%	$48.6M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0534%	8h	595.25	−0.082%	$673K	$2.3M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0592%	8h	594.92	−0.137%	$353K	$785K	10x	as long as short
Lighter XMR	+0.0688%	1h	595.47	−0.045%	$3.4M	$6.8M	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	+0.171%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0808% / S −0.1288%	1h	594.57	−0.196%	$330K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0864%	8h	595.67	−0.011%	$8K	$4K	20x	as long as short
Polymarket Perps XMR-USD	+0.0868%	1h	595.88	+0.024%	$23K	$1.8M	5x	as long as short
SoDEX XMR-USD	+0.0904%	1h	595.64	−0.017%	$453K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0929%	8h	595.92	+0.030%	$50K	$722K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0937%	1h	595.24	−0.084%	$203K	$575K	20x	as long as short
Nado XMR-PERP	+0.1467%	1h	595.81	+0.012%	$1.3M	$482K	10x	as long as short
dYdX XMR-USD	+0.1489%	1h	593.83	−0.320%	$108K	$50K	5x	as long as short
Extended XMR-USD	+0.1856%	1h	595.59	−0.024%	$3.1M	$6.8M	25x	as long as short
HTX XMR-USDT	+0.2046%	8h	594.10	−0.275%	$1.1M	$1.5M	20x	as long as short
Hyperliquid XMR	+0.2053%	1h	596.36	+0.104%	$88.7M	$68.6M	5x	as long as short
Aftermath Perps XMRUSDlong	+0.2497%	1h	595.74	long leg	$2K	$47K	10x