XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0930%/8h= +101.8% APRnext payment +$1.16 per $10,000 · paid last 24h −0.069%

Price spread now: Extended against Backpack+0.033%7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on Backpack Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.357%−$36 on $10k

Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.033%, 7d avg +0.047%

Together, before fees−0.396%+ Points / potential airdropExtended: Active · farm board−$40 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.357%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.357% in total (about -18.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack XMR_USDC_PERP	597.25	0.0358	pay 0.0045% / 1h	14m 55s	$204K	$576K	20x
Short	Extended XMR-USD	597.45	0.1288	get 0.0161% / 1h	14m 55s	$3.1M	$6.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Backpack. 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

Position, each leg$Hold fordaysFee BackpackbpFee ExtendedbpOrdersPrice spread, now +0.033%Rate

Funding earned: $195.23
Price spread: +0.033% → +0.047%: −$1.33
Slippage, 4 orders: −$10.88
Fee Backpack: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $168.02
Costs to cover: 0.259%
Break-even: 1.0 days

Slippage from Backpack: live order book, 9 min ago; Extended: live order book, 4 min ago.

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, 9 min ago	1.68 bp	6.7 bp −$7	23.8 bp −$238	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	2.26 bp	5.9 bp −$6	11.3 bp −$113	doesn't fit	doesn't fit

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	597.34	+0.015%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.897%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.44	+0.032%	$48.0M	$61.0M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	597.88	+0.105%	$1.1M	$674K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	596.99	−0.044%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	597.81	+0.095%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0264%	8h	596.53	−0.121%	$6.9M	$2.8M	—	as long as short
Polymarket Perps XMR-USD	+0.0283%	1h	597.89	+0.107%	$24K	$1.8M	5x	as long as short
Lighter XMR	+0.0296%	1h	597.42	+0.028%	$3.5M	$6.7M	10x	as long as short
Binance XMRUSDT	+0.0348%	8h	598.18	+0.155%	$54.8M	$162.3M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0352%	8h	597.71	+0.077%	$22.8M	$15.3M	100x	as long as short
Backpack XMR_USDC_PERPlong	+0.0358%	1h	597.25	long leg	$204K	$576K	20x
BingX XMR-USDT	+0.0365%	8h	598.22	+0.162%	—	$5.8M	—	as long as short
Bitget XMRUSDT	+0.0381%	8h	597.28	+0.005%	$9.9M	$14.2M	50x	as long as short
SoDEX XMR-USD	+0.0405%	1h	597.74	+0.082%	$454K	$3K	5x	as long as short
Gate XMR_USDT	+0.0410%	8h	597.20	−0.008%	$1.6M	$4.5M	50x	as long as short
BloFin XMR-USDT	+0.0495%	8h	597.96	+0.119%	$2.8M	$11.4M	75x	as long as short
Aster XMRUSDT	+0.0539%	8h	597.38	+0.021%	$677K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0587%	8h	597.27	+0.003%	$49.4M	$25.5M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0606%	8h	596.99	−0.043%	$347K	$782K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0609%	1h	596.81	−0.073%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	596.88	−0.062%	$272K	$1.0M	10x	as long as short
dYdX XMR-USD	+0.0743%	1h	595.71	−0.258%	$108K	$50K	5x	as long as short
Paradex XMR-USD-PERP	+0.0773%	8h	596.88	−0.061%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0865% / S −0.1487%	1h	596.95	−0.050%	$369K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0901%	8h	597.75	+0.084%	$49K	$718K	10x	as long as short
Nado XMR-PERP	+0.0987%	1h	597.37	+0.020%	$1.3M	$478K	10x	as long as short
Extended XMR-USDshort	+0.1288%	1h	597.45	+0.033%	$3.1M	$6.8M	25x
Hyperliquid XMR	+0.1586%	1h	598.40	+0.193%	$87.7M	$66.4M	5x	as long as short
HTX XMR-USDT	+0.2259%	8h	596.92	−0.055%	$1.1M	$1.4M	20x	as long as short
Aftermath Perps XMRUSD	+0.2312%	1h	596.98	−0.045%	$2K	$47K	10x	as long as short