Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.1983%/8h= +217.2% APRpaid last 24h +0.378%

Price spread now: Aftermath Perps against Binance−0.141%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Aftermath Perps

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

Funding pays, the price is against you. Aftermath Perps is 0.141% cheaper against Binance than usual: you would sell low and buy high (spread −0.141% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$14 on $10k: about 6 hours of funding at the current rate (+$60 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XMRUSDT	598.59	0.0348	pay 0.0348% / 8h	2h 12m	$54.9M	$162.4M	75x
Short	Aftermath Perps XMRUSD	597.74	0.2331	get 0.0291% / 1h	12m 08s	$2K	$47K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Binance. 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 BinancebpFee Aftermath PerpsbpOrdersPrice spread, now −0.141%Rate

Funding earned: $416.5
Price spread: −0.141% → 0.000%: −$14.13
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $383.38
Costs to cover: 0.190%
Break-even: 0.6 days

Slippage unknown: Binance: live order book, 1 min ago; Aftermath Perps: 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 Binance live order book, 1 min ago	0.08 bp	12.5 bp −$12	16.8 bp −$168	doesn't fit	doesn't fit
Sell Aftermath Perps no order-book sample	—	—	—	—	—

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	597.83	−0.128%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−1.119%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.91	−0.114%	$48.1M	$61.0M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	597.42	−0.195%	$1.1M	$674K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	597.63	−0.160%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	597.55	−0.174%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0264%	8h	596.53	−0.344%	$6.9M	$2.8M	—	as long as short
Polymarket Perps XMR-USD	+0.0284%	1h	598.76	+0.028%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0296%	1h	598.38	−0.035%	$3.5M	$6.7M	10x	as long as short
MEXC XMR_USDT	+0.0346%	8h	598.68	+0.015%	$22.8M	$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 XMRUSDTlong	+0.0348%	8h	598.59	long leg	$54.9M	$162.4M	75x
BingX XMR-USDT	+0.0363%	8h	598.09	−0.084%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0379%	8h	598.56	−0.005%	$10.0M	$14.2M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0426%	1h	598.07	−0.087%	$204K	$575K	20x	as long as short
Gate XMR_USDT	+0.0430%	8h	597.88	−0.119%	$1.6M	$4.5M	50x	as long as short
SoDEX XMR-USD	+0.0440%	1h	598.69	+0.017%	$455K	$3K	5x	as long as short
BloFin XMR-USDT	+0.0491%	8h	597.53	−0.177%	$2.8M	$11.4M	75x	as long as short
Aster XMRUSDT	+0.0540%	8h	598.44	−0.025%	$678K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0589%	8h	597.96	−0.105%	$49.4M	$25.5M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0606%	8h	596.99	−0.267%	$347K	$782K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0609%	1h	597.69	−0.150%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	598.50	−0.015%	$273K	$1.0M	10x	as long as short
Paradex XMR-USD-PERP	+0.0782%	8h	598.56	−0.005%	$8K	$4K	20x	as long as short
dYdX XMR-USD	+0.0803%	1h	597.57	−0.170%	$109K	$50K	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0844% / S −0.1411%	1h	597.65	−0.157%	$355K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0901%	8h	598.50	−0.015%	$49K	$718K	10x	as long as short
Nado XMR-PERP	+0.1006%	1h	598.43	−0.027%	$1.3M	$479K	10x	as long as short
Extended XMR-USD	+0.1344%	1h	598.51	−0.013%	$3.2M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1599%	1h	599.59	+0.167%	$88.0M	$66.5M	5x	as long as short
HTX XMR-USDT	+0.2266%	8h	596.96	−0.272%	$1.1M	$1.4M	20x	as long as short
Aftermath Perps XMRUSDshort	+0.2331%	1h	597.74	−0.141%	$2K	$47K	10x