Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0256%/8h= +28.0% APRpaid last 24h +0.139%

Price spread now: Nado against Aster+0.018%7-day average +0.062% · 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−$46as in the Price arb table

costs, in and out, $10k−$420.420% of the position

Long on Aster Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.486%+$49 on $10k

Price spread, last 7 days+0.020%+$2 · spread now +0.018%, 7d avg +0.062%

Together, before fees+0.506%+ Points / potential airdropAster: Stage 5 · Nado: Active · farm board+$51 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.044% cheaper against Aster than usual: you would sell low and buy high (spread +0.018% now, against its 7-day average of +0.062%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster XMRUSDT	586.56	0.0720	pay 0.0720% / 8h	5h 10m	$661K	$2.4M	75x
Short	Nado XMR-PERP	586.66	0.0975	get 0.0122% / 1h	10m 07s	$1.3M	$463K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Aster. 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 AsterbpFee NadobpOrdersPrice spread, now +0.018%Rate

Funding earned: $53.68
Price spread: +0.018% → +0.062%: −$4.36
Slippage, 4 orders: −$27.04
Fee Aster: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $7.28
Costs to cover: 0.420%
Break-even: 6.1 days

Slippage from Aster: live order book, 3 min ago; Nado: live order book, 3 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 Aster live order book, 3 min ago	1.70 bp	9.1 bp −$9	34.8 bp −$348	doesn't fit	doesn't fit
Sell Nado live order book, 3 min ago	7.41 bp	11.6 bp −$12	37.3 bp −$373	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	585.33	−0.209%	$46K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	−0.683%	$3K	$6K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	587.07	+0.087%	$1.0M	$654K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	586.07	−0.083%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	586.20	−0.061%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	585.18	−0.235%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0276%	1h	585.54	−0.174%	$106K	$50K	5x	as long as short
Polymarket Perps XMR-USD	+0.0288%	1h	586.30	−0.044%	$23K	$2.1M	5x	as long as short
Lighter XMR	+0.0504%	1h	586.36	−0.034%	$3.3M	$7.2M	10x	as long as short
MEXC XMR_USDT	+0.0507%	8h	586.77	+0.036%	$21.0M	$15.3M	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	+0.0508%	8h	586.67	+0.019%	$53.4M	$165.8M	75x	as long as short
Bybit XMRUSDT	+0.0511%	8h	586.46	−0.017%	$47.6M	$64.2M	75x	as long as short
Gate XMR_USDT	+0.0557%	8h	585.91	−0.111%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0573%	8h	586.62	+0.010%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0598%	8h	586.60	+0.007%	$9.6M	$14.1M	50x	as long as short
KuCoin XMRUSDTM	+0.0691%	8h	586.31	−0.042%	$48.1M	$26.0M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0713%	1h	586.05	−0.087%	$172K	$537K	20x	as long as short
Aster XMRUSDTlong	+0.0720%	8h	586.56	long leg	$661K	$2.4M	75x
BloFin XMR-USDT	+0.0779%	8h	586.90	+0.058%	$2.8M	$11.4M	75x	as long as short
Paradex XMR-USD-PERP	+0.0905%	8h	586.55	−0.001%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0936%	8h	586.85	+0.050%	$341K	$764K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0953%	1h	585.11	−0.246%	$5.5M	$19.6M	50x	as long as short
Nado XMR-PERPshort	+0.0975%	1h	586.66	+0.018%	$1.3M	$463K	10x
Pacifica XMR	+0.0996%	1h	586.73	+0.029%	$272K	$1.1M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1042% / S −0.1407%	1h	585.63	−0.157%	$653K	—	100x	as long as short
Hyperliquid XMR	+0.1056%	1h	586.54	−0.003%	$88.3M	$71.3M	5x	as long as short
Variational Omni XMR	+0.1064%	8h	586.59	+0.005%	$6.7M	$2.4M	—	as long as short
SoDEX XMR-USD	+0.1096%	1h	586.66	+0.017%	$446K	$3K	5x	as long as short
Extended XMR-USD	+0.1104%	1h	586.44	−0.020%	$3.2M	$7.9M	25x	as long as short
Orderly PERP_XMR_USDC	+0.1113%	8h	586.47	−0.015%	$41K	$721K	10x	as long as short
Aftermath Perps XMRUSD	+0.2455%	1h	586.60	+0.008%	$1K	$45K	10x	as long as short