Funding you earn now, next payment 02:00 UTC−0.1833%/8h= −200.7% APRnext payment −$2.29 per $10,000 · paid last 24h −0.304%
Price spread now: Backpack against Aftermath Perps−0.265%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$55 a day on $10k at the current rate, and Backpack is 0.265% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$27 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps XMRUSD | 585.95 | 0.2780 | pay 0.0348% / 1h | 9m 53s | $1K | $46K | 10x |
| Short | Backpack XMR_USDC_PERP | 584.39 | 0.0947 | get 0.0118% / 1h | 9m 53s | $172K | $540K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aftermath Perps. 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
- −$384.93
- Price spread: −0.265% → 0.000%
- −$26.54
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$430.48
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Backpack: live order book, 59 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 59 min ago | 0.94 bp | 6.0 bp −$6 | 26.1 bp −$261 | doesn't fit | doesn't fit |
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 30 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 | 584.09 | −0.317% | $35K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.846% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 587.73 | +0.304% | $1.0M | $670K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 584.54 | −0.240% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 585.00 | −0.161% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 585.19 | −0.128% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0389% | 1h | 584.80 | −0.195% | $106K | $50K | 5x | as long as short |
| MEXC XMR_USDT | +0.0520% | 8h | 585.14 | −0.137% | $20.8M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0521% | 8h | 584.96 | −0.167% | $53.4M | $168.3M | 75x | as long as short |
| Bitget XMRUSDT | +0.0624% | 8h | 585.09 | −0.146% | $9.6M | $14.2M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0703% | 8h | 585.00 | −0.161% | $651K | $2.5M | 75x | as long as short |
| Gate XMR_USDT | +0.0775% | 8h | 584.83 | −0.190% | $1.6M | $4.6M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0793% | 8h | 585.28 | −0.114% | $48.0M | $26.1M | 50x | as long as short |
| BingX XMR-USDT | +0.0796% | 8h | 585.02 | −0.158% | — | $5.8M | — | as long as short |
| Pacifica XMR | +0.0821% | 1h | 585.74 | −0.035% | $270K | $1.1M | 10x | as long as short |
| Bybit XMRUSDT | +0.0822% | 8h | 585.00 | −0.161% | $47.3M | $65.0M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0930% | 1h | 585.09 | −0.146% | $32K | $2.1M | 5x | as long as short |
| Backpack XMR_USDC_PERPshort | +0.0947% | 1h | 584.39 | −0.265% | $172K | $540K | 20x | |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0953% / S −0.1203% | 1h | 584.04 | −0.325% | $651K | — | 100x | as long as short |
| Lighter XMR | +0.1008% | 1h | 584.87 | −0.184% | $3.3M | $7.2M | 10x | as long as short |
| Variational Omni XMR | +0.1043% | 8h | 586.31 | +0.063% | $6.7M | $2.9M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.1056% | 8h | 586.41 | +0.079% | $343K | $795K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.1063% | 8h | 585.43 | −0.088% | $42K | $736K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1251% | 8h | 585.52 | −0.073% | $8K | $4K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.1308% | 1h | 584.21 | −0.297% | $5.5M | $20.5M | 50x | as long as short |
| Nado XMR-PERP | +0.1471% | 1h | 585.37 | −0.098% | $1.3M | $467K | 10x | as long as short |
| SoDEX XMR-USD | +0.1624% | 1h | 585.31 | −0.108% | $445K | $3K | 5x | as long as short |
| Hyperliquid XMR | +0.1651% | 1h | 584.98 | −0.165% | $88.3M | $73.1M | 5x | as long as short |
| Extended XMR-USD | +0.1920% | 1h | 584.97 | −0.167% | $3.1M | $8.1M | 25x | as long as short |
| Aftermath Perps XMRUSDlong | +0.2780% | 1h | 585.95 | long leg | $1K | $46K | 10x |
Aftermath Perps XMRUSD
Backpack XMR_USDC_PERP
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Bitget XMRUSDT
Aster XMRUSDT
Gate XMR_USDT
KuCoin XMRUSDTM
BingX XMR-USDT
Pacifica XMR
Bybit XMRUSDT
Polymarket Perps XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Lighter XMR
Variational Omni XMR
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD