Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0081%/8h= +8.9% APRnext payment +$0.10 per $10,000 · paid last 24h +0.270%
Price spread now: Backpack against Aevo+0.068%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Backpack is 0.068% dearer against Aevo than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XMR-PERP598.710.0160pay 0.0020% / 1h34m 08s$12K3x
ShortBackpack XMR_USDC_PERP599.120.0241get 0.0030% / 1h34m 08s$204K$575K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. 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

Funding earned
$17.11
Price spread: +0.068% → 0.000%
$6.82
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Backpack: 5 bp × 2 orders
−$10
Net
−$2.07
Costs to cover
0.260%
Break-even
7.8 days
Slippage unknown: Aevo: no order-book sample; Backpack: live order book, 45 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Backpack live order book, 45 min ago1.68 bp6.7 bp −$729.6 bp −$296doesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h597.85−0.144%$45K150xas long as short
Bybit XMRUSDT+0.0100%8h599.62+0.152%$49.1M$63.1M75xas long as short
edgeX XMRUSDC+0.0100%4h599.04+0.056%$1.1M$664K10xas long as short
SunX XMR-USDT+0.0100%8h597.82−0.149%$2K$2.0M20xas long as short
Lighter XMR+0.0152%1h598.99+0.047%$3.4M$6.9M10xas long as short
Aevo XMR-PERPlong+0.0160%1h598.71long leg$12K3x
Backpack XMR_USDC_PERPshort+0.0241%1h599.12+0.068%$204K$575K20x
MEXC XMR_USDT+0.0317%8h599.47+0.127%$22.3M$14.9M100xas long as short
Binance XMRUSDT+0.0318%8h599.56+0.142%$54.9M$164.3M75xas long as short
BingX XMR-USDT+0.0409%8h599.61+0.150%$5.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0433%8h599.19+0.080%$10.0M$14.3M50xas long as short
Variational Omni XMR+0.0439%8h599.98+0.211%$6.9M$2.6Mas long as short
BloFin XMR-USDT+0.0446%8h598.51−0.034%$2.8M$11.7M75xas long as short
Kraken Futures PF_XMRUSD+0.0459%1h598.23−0.080%$5.7M$20.5M50xas long as short
Gate XMR_USDT+0.0504%8h598.86+0.025%$1.7M$4.6M50xas long as short
Pacifica XMR+0.0565%1h599.19+0.080%$281K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0577%8h598.95+0.040%$48.9M$26.0M50xas long as short
Aster XMRUSDT+0.0587%8h598.64−0.012%$684K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0594%8h599.70+0.166%$352K$794K10xas long as short
Polymarket Perps XMR-USD+0.0705%1h599.14+0.072%$22K$1.7M5xas long as short
SoDEX XMR-USD+0.0743%1h598.82+0.018%$455K$3K5xas long as short
Paradex XMR-USD-PERP+0.0858%8h598.89+0.030%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0883% / S −0.2497%1h597.71−0.168%$565K100xas long as short
Orderly PERP_XMR_USDC+0.0947%8h598.710.000%$44K$729K10xas long as short
Nado XMR-PERP+0.1187%1h598.78+0.012%$1.3M$476K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76−0.326%$3K$6K12xas long as short
Hyperliquid XMR+0.1732%1h599.36+0.108%$90.5M$70.5M5xas long as short
Extended XMR-USD+0.1760%1h598.94+0.039%$3.2M$6.9M25xas long as short
HTX XMR-USDT+0.1985%8h598.41−0.050%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2315%1h599.04+0.055%$2K$47K10xas long as short
dYdX XMR-USD+0.2578%1h597.01−0.284%$108K$50K5xas long as short