Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.2218%/8h= +242.9% APRpaid last 24h +0.400%

Price spread now: Aftermath Perps against Variational Omni+0.057%52s7-day average — · you sell dearer than you buy

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

Long on Variational Omni 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—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$67 a day on $10k at the current rate, and Aftermath Perps is 0.057% dearer against Variational Omni than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni XMR	595.77	0.0269	pay 0.0269% / 8h	1h 28m	$6.9M	$2.6M	—
Short	Aftermath Perps XMRUSD	596.11	0.2487	get 0.0311% / 1h	28m 31s	$2K	$47K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now +0.057%Rate

Funding earned: $465.76
Price spread: +0.057% → 0.000%: $5.73
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: $462.49
Costs to cover: 0.090%
Break-even: 0.0 days

Slippage unknown: Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 1 min ago	2.80 bp	doesn't fit	14.6 bp −$146	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	596.79	+0.171%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.81	+0.342%	$48.4M	$61.6M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	594.36	−0.237%	$1.1M	$665K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	596.72	+0.159%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	595.00	−0.129%	$12K	—	3x	as long as short
Variational Omni XMRlong	+0.0269%	8h	595.77	long leg	$6.9M	$2.6M	—
MEXC XMR_USDT	+0.0327%	8h	597.83	+0.346%	$22.4M	$15.0M	100x	as long as short
Binance XMRUSDT	+0.0328%	8h	597.71	+0.326%	$54.9M	$163.0M	75x	as long as short
BingX XMR-USDT	+0.0378%	8h	597.64	+0.314%	—	$5.7M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	596.73	+0.161%	$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	597.70	+0.324%	$271K	$1.0M	10x	as long as short
Bitget XMRUSDT	+0.0410%	8h	597.88	+0.354%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0457%	8h	597.65	+0.315%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0528%	8h	597.15	+0.232%	$1.7M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0531%	8h	596.99	+0.205%	$48.7M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0542%	8h	597.80	+0.341%	$679K	$2.3M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0596%	8h	595.72	−0.009%	$354K	$785K	10x	as long as short
Lighter XMR	+0.0656%	1h	597.59	+0.306%	$3.4M	$6.9M	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	596.76	+0.166%	$3K	$6K	12x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0809% / S −0.1288%	1h	596.72	+0.159%	$331K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0873%	8h	597.81	+0.343%	$8K	$4K	20x	as long as short
Polymarket Perps XMR-USD	+0.0879%	1h	597.58	+0.304%	$23K	$1.8M	5x	as long as short
Orderly PERP_XMR_USDC	+0.0932%	8h	597.29	+0.255%	$50K	$722K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0934%	1h	597.37	+0.268%	$204K	$575K	20x	as long as short
SoDEX XMR-USD	+0.0949%	1h	597.57	+0.302%	$454K	$3K	5x	as long as short
Nado XMR-PERP	+0.1436%	1h	597.81	+0.342%	$1.3M	$482K	10x	as long as short
dYdX XMR-USD	+0.1553%	1h	595.73	−0.007%	$108K	$50K	5x	as long as short
Extended XMR-USD	+0.1872%	1h	597.56	+0.301%	$3.1M	$6.8M	25x	as long as short
HTX XMR-USDT	+0.2031%	8h	594.96	−0.136%	$1.1M	$1.5M	20x	as long as short
Hyperliquid XMR	+0.2039%	1h	598.20	+0.408%	$89.0M	$68.6M	5x	as long as short
Aftermath Perps XMRUSDshort	+0.2487%	1h	596.11	+0.057%	$2K	$47K	10x