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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
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
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 daysno price history on both exchanges yet
Together, before feesneeds 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps XMRUSD585.950.2780pay 0.0348% / 1h9m 53s$1K$46K10x
ShortBackpack XMR_USDC_PERP584.390.0947get 0.0118% / 1h9m 53s$172K$540K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps no order-book sample
Sell Backpack live order book, 59 min ago0.94 bp6.0 bp −$626.1 bp −$261doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0010%1h584.09−0.317%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.846%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h587.73+0.304%$1.0M$670K10xas long as short
SunX XMR-USDT+0.0100%8h584.54−0.240%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h585.00−0.161%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h585.19−0.128%$12K3xas long as short
dYdX XMR-USD+0.0389%1h584.80−0.195%$106K$50K5xas long as short
MEXC XMR_USDT+0.0520%8h585.14−0.137%$20.8M$15.3M100xas long as short
Binance XMRUSDT+0.0521%8h584.96−0.167%$53.4M$168.3M75xas long as short
Bitget XMRUSDT+0.0624%8h585.09−0.146%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0703%8h585.00−0.161%$651K$2.5M75xas long as short
Gate XMR_USDT+0.0775%8h584.83−0.190%$1.6M$4.6M50xas long as short
KuCoin XMRUSDTM+0.0793%8h585.28−0.114%$48.0M$26.1M50xas long as short
BingX XMR-USDT+0.0796%8h585.02−0.158%$5.8Mas long as short
Pacifica XMR+0.0821%1h585.74−0.035%$270K$1.1M10xas long as short
Bybit XMRUSDT+0.0822%8h585.00−0.161%$47.3M$65.0M75xas long as short
Polymarket Perps XMR-USD+0.0930%1h585.09−0.146%$32K$2.1M5xas long as short
Backpack XMR_USDC_PERPshort+0.0947%1h584.39−0.265%$172K$540K20x
GMX XMR/USD [WBTC.b-USDC]L +0.0953% / S −0.1203%1h584.04−0.325%$651K100xas long as short
Lighter XMR+0.1008%1h584.87−0.184%$3.3M$7.2M10xas long as short
Variational Omni XMR+0.1043%8h586.31+0.063%$6.7M$2.9Mas long as short
GRVT XMR_USDT_Perp+0.1056%8h586.41+0.079%$343K$795K10xas long as short
Orderly PERP_XMR_USDC+0.1063%8h585.43−0.088%$42K$736K10xas long as short
Paradex XMR-USD-PERP+0.1251%8h585.52−0.073%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1308%1h584.21−0.297%$5.5M$20.5M50xas long as short
Nado XMR-PERP+0.1471%1h585.37−0.098%$1.3M$467K10xas long as short
SoDEX XMR-USD+0.1624%1h585.31−0.108%$445K$3K5xas long as short
Hyperliquid XMR+0.1651%1h584.98−0.165%$88.3M$73.1M5xas long as short
Extended XMR-USD+0.1920%1h584.97−0.167%$3.1M$8.1M25xas long as short
Aftermath Perps XMRUSDlong+0.2780%1h585.95long leg$1K$46K10x