Funding you earn now, next payment 02:00 UTC−0.0735%/8h= −80.5% APRnext payment −$0.92 per $10,000 · paid last 24h −0.272%
Price spread now: Aevo against Backpack−0.058%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$22 a day on $10k at the current rate, and Aevo is 0.058% cheaper against Backpack than usual: you would sell low and buy high (−$6 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 | Backpack XMR_USDC_PERP | 585.43 | 0.0927 | pay 0.0116% / 1h | 55m 03s | $183K | $535K | 20x |
| Short | Aevo XMR-PERP | 585.09 | 0.0192 | get 0.0024% / 1h | 55m 03s | $12K | — | 3x |
Backpack XMR_USDC_PERP
Aevo XMR-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Backpack. 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
- −$154.41
- Price spread: −0.058% → 0.000%
- −$5.81
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$186.22
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 14 min ago; Aevo: 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 Backpack live order book, 14 min ago | 0.94 bp | 6.9 bp −$7 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
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 | 583.94 | −0.255% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.935% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 585.54 | +0.018% | $1.0M | $662K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 583.57 | −0.318% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 584.09 | −0.229% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERPshort | +0.0192% | 1h | 585.09 | −0.058% | $12K | — | 3x | |
| MEXC XMR_USDT | +0.0436% | 8h | 586.00 | +0.097% | $21.2M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0440% | 8h | 586.35 | +0.157% | $53.7M | $167.6M | 75x | as long as short |
| Gate XMR_USDT | +0.0529% | 8h | 585.51 | +0.014% | $1.6M | $4.6M | 50x | as long as short |
| Bitget XMRUSDT | +0.0570% | 8h | 586.42 | +0.169% | $9.6M | $14.4M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
Bitget XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0624% | 8h | 584.52 | −0.156% | $650K | $2.5M | 75x | as long as short |
| BloFin XMR-USDT | +0.0644% | 8h | 585.46 | +0.005% | $2.8M | $11.5M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0711% | 8h | 584.87 | −0.096% | $48.0M | $26.0M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 583.86 | −0.268% | $268K | $1.1M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0894% | 8h | 583.84 | −0.271% | $346K | $802K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0913% / S −0.2700% | 1h | 583.66 | −0.302% | $544K | — | 100x | as long as short |
| Backpack XMR_USDC_PERPlong | +0.0927% | 1h | 585.43 | long leg | $183K | $535K | 20x | |
| Variational Omni XMR | +0.0958% | 8h | 583.01 | −0.413% | $6.6M | $2.7M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1047% | 8h | 585.33 | −0.017% | $42K | $733K | 10x | as long as short |
| BingX XMR-USDT | +0.1087% | 8h | 586.18 | +0.128% | — | $5.8M | — | as long as short |
| Lighter XMR | +0.1144% | 1h | 585.18 | −0.043% | $3.3M | $7.2M | 10x | as long as short |
| Bybit XMRUSDT | +0.1145% | 8h | 586.50 | +0.183% | $47.1M | $65.0M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.1241% | 8h | 583.49 | −0.331% | $8K | $4K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.1308% | 1h | 584.50 | −0.159% | $5.6M | $20.5M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.1382% | 1h | 584.66 | −0.132% | $50K | $1.9M | 5x | as long as short |
| Nado XMR-PERP | +0.1496% | 1h | 584.72 | −0.121% | $1.3M | $464K | 10x | as long as short |
| SoDEX XMR-USD | +0.1867% | 1h | 585.38 | −0.009% | $445K | $3K | 5x | as long as short |
| dYdX XMR-USD | +0.1961% | 1h | 582.43 | −0.512% | $105K | $50K | 5x | as long as short |
| Hyperliquid XMR | +0.1977% | 1h | 585.93 | +0.085% | $88.7M | $73.2M | 5x | as long as short |
| Extended XMR-USD | +0.2280% | 1h | 585.37 | −0.011% | $3.1M | $8.1M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2679% | 1h | 584.72 | −0.121% | $1K | $46K | 10x | as long as short |
Aster XMRUSDT
BloFin XMR-USDT
KuCoin XMRUSDTM
Pacifica XMR
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
BingX XMR-USDT
Lighter XMR
Bybit XMRUSDT
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
Polymarket Perps XMR-USD
Nado XMR-PERP
SoDEX XMR-USD
dYdX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD