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
Funding, last 5 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
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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aevo XMR-PERP | 598.71 | 0.0160 | pay 0.0020% / 1h | 34m 08s | $12K | — | 3x |
| Short | Backpack XMR_USDC_PERP | 599.12 | 0.0241 | get 0.0030% / 1h | 34m 08s | $204K | $575K | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Aevo no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 45 min ago | 1.68 bp | 6.7 bp −$7 | 29.6 bp −$296 | doesn't fit | doesn'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.| 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 | 597.85 | −0.144% | $45K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 599.62 | +0.152% | $49.1M | $63.1M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 599.04 | +0.056% | $1.1M | $664K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 597.82 | −0.149% | $2K | $2.0M | 20x | as long as short |
| Lighter XMR | +0.0152% | 1h | 598.99 | +0.047% | $3.4M | $6.9M | 10x | as long as short |
| Aevo XMR-PERPlong | +0.0160% | 1h | 598.71 | long leg | $12K | — | 3x | |
| Backpack XMR_USDC_PERPshort | +0.0241% | 1h | 599.12 | +0.068% | $204K | $575K | 20x | |
| MEXC XMR_USDT | +0.0317% | 8h | 599.47 | +0.127% | $22.3M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0318% | 8h | 599.56 | +0.142% | $54.9M | $164.3M | 75x | as long as short |
| BingX XMR-USDT | +0.0409% | 8h | 599.61 | +0.150% | — | $5.7M | — | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0433% | 8h | 599.19 | +0.080% | $10.0M | $14.3M | 50x | as long as short |
| Variational Omni XMR | +0.0439% | 8h | 599.98 | +0.211% | $6.9M | $2.6M | — | as long as short |
| BloFin XMR-USDT | +0.0446% | 8h | 598.51 | −0.034% | $2.8M | $11.7M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0459% | 1h | 598.23 | −0.080% | $5.7M | $20.5M | 50x | as long as short |
| Gate XMR_USDT | +0.0504% | 8h | 598.86 | +0.025% | $1.7M | $4.6M | 50x | as long as short |
| Pacifica XMR | +0.0565% | 1h | 599.19 | +0.080% | $281K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0577% | 8h | 598.95 | +0.040% | $48.9M | $26.0M | 50x | as long as short |
| Aster XMRUSDT | +0.0587% | 8h | 598.64 | −0.012% | $684K | $2.4M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0594% | 8h | 599.70 | +0.166% | $352K | $794K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0705% | 1h | 599.14 | +0.072% | $22K | $1.7M | 5x | as long as short |
| SoDEX XMR-USD | +0.0743% | 1h | 598.82 | +0.018% | $455K | $3K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0858% | 8h | 598.89 | +0.030% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0883% / S −0.2497% | 1h | 597.71 | −0.168% | $565K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.0947% | 8h | 598.71 | 0.000% | $44K | $729K | 10x | as long as short |
| Nado XMR-PERP | +0.1187% | 1h | 598.78 | +0.012% | $1.3M | $476K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.1312% | 1h | 596.76 | −0.326% | $3K | $6K | 12x | as long as short |
| Hyperliquid XMR | +0.1732% | 1h | 599.36 | +0.108% | $90.5M | $70.5M | 5x | as long as short |
| Extended XMR-USD | +0.1760% | 1h | 598.94 | +0.039% | $3.2M | $6.9M | 25x | as long as short |
| HTX XMR-USDT | +0.1985% | 8h | 598.41 | −0.050% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2315% | 1h | 599.04 | +0.055% | $2K | $47K | 10x | as long as short |
| dYdX XMR-USD | +0.2578% | 1h | 597.01 | −0.284% | $108K | $50K | 5x | as long as short |
Backpack XMR_USDC_PERP
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Lighter XMR
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
Variational Omni XMR
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
Gate XMR_USDT
Pacifica XMR
KuCoin XMRUSDTM
Aster XMRUSDT
GRVT XMR_USDT_Perp
Polymarket Perps XMR-USD
SoDEX XMR-USD
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Injective XMR/USDC PERP
Hyperliquid XMR
Extended XMR-USD
HTX XMR-USDT
Aftermath Perps XMRUSD