Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.2008%/8h= −219.8% APRpaid last 24h −0.528%

Price spread now: Gate against Aftermath Perps+0.175%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 Gate

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—needs both histories

The price spread pays, funding is against you. Gate is 0.175% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.175% now, against zero (this spread has no 7-day history yet)): +$17 on $10k if it goes back. Holding the pair costs −$60 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps XMRUSD	572.89	0.2108	pay 0.0263% / 1h	51m 35s	$1K	$39K	10x
Short	Gate XMR_USDT	573.89	0.0100	get 0.0100% / 8h	7h 51m	$1.6M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.175%Rate

Funding earned: −$421.61
Price spread: +0.175% → 0.000%: $17.48
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$428.13
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aftermath Perps: no order-book sample; Gate: live order book, 1 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 Gate live order book, 1 min ago	8.55 bp	24.3 bp −$24	40.2 bp −$402	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 −0.0005%	1h	572.57	−0.056%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.686%	$3K	$3K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	574.34	+0.253%	$46.6M	$49.6M	75x	as long as short
Gate XMR_USDTshort	+0.0100%	8h	573.89	+0.175%	$1.6M	$2.6M	50x
edgeX XMRUSDC	+0.0100%	4h	573.27	+0.066%	$1.0M	$542K	10x	as long as short
Polymarket Perps XMR-USD	+0.0100%	1h	572.44	−0.078%	$30K	$1.7M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	572.96	+0.012%	$2K	$1.2M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	571.21	−0.293%	$1.1M	$1.1M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	573.28	+0.068%	$12K	—	3x	as long as short
Extended XMR-USD	+0.0240%	1h	574.41	+0.265%	$3.0M	$7.6M	25x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XMRUSDTM	+0.0342%	8h	574.50	+0.281%	$45.4M	$17.8M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0371%	1h	573.58	+0.121%	$5.5M	$9.1M	50x	as long as short
MEXC XMR_USDT	+0.0491%	8h	574.74	+0.323%	$20.2M	$9.6M	100x	as long as short
Binance XMRUSDT	+0.0494%	8h	574.63	+0.304%	$52.5M	$105.7M	75x	as long as short
Bitget XMRUSDT	+0.0532%	8h	574.97	+0.363%	$9.4M	$10.1M	50x	as long as short
Pacifica XMR	+0.0550%	1h	574.54	+0.288%	$268K	$757K	10x	as long as short
BingX XMR-USDT	+0.0560%	8h	574.58	+0.295%	—	$5.2M	—	as long as short
Aster XMRUSDT	+0.0621%	8h	573.99	+0.193%	$642K	$1.6M	75x	as long as short
Lighter XMR	+0.0624%	1h	574.34	+0.253%	$3.1M	$5.5M	10x	as long as short
Hyperliquid XMR	+0.0628%	1h	574.53	+0.287%	$87.1M	$58.7M	5x	as long as short
Paradex XMR-USD-PERP	+0.0674%	8h	574.67	+0.311%	$8K	$2K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0686%	8h	574.22	+0.232%	$343K	$623K	10x	as long as short
BloFin XMR-USDT	+0.0800%	8h	573.34	+0.079%	$2.7M	$9.9M	75x	as long as short
Variational Omni XMR	+0.0826%	8h	574.08	+0.208%	$6.2M	$2.3M	—	as long as short
SoDEX XMR-USD	+0.0892%	1h	573.10	+0.037%	$436K	$4K	5x	as long as short
Nado XMR-PERP	+0.0901%	1h	573.49	+0.105%	$1.2M	$318K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1077% / S −0.1372%	1h	572.19	−0.122%	$596K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1111%	8h	573.08	+0.033%	$40K	$434K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1127%	1h	574.03	+0.199%	$136K	$431K	20x	as long as short
dYdX XMR-USD	+0.1283%	1h	573.38	+0.085%	$104K	$29K	5x	as long as short
Aftermath Perps XMRUSDlong	+0.2108%	1h	572.89	long leg	$1K	$39K	10x