XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0305%/8h= −33.4% APRnext payment −$0.38 per $10,000 · paid last 24h −0.338%

Price spread now: gTrade (Gains Network) against Backpack+0.026%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on gTrade (Gains Network)

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. gTrade (Gains Network) is 0.026% dearer against Backpack than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack XMR_USDC_PERP	599.76	0.0314	pay 0.0039% / 1h	58m 10s	$204K	$575K	20x
Short	gTrade (Gains Network) XMR/USD	599.91	L +0.0010% / S −0.0009%	get 0.0001% / 1h	58m 10s	$45K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now +0.026%Rate

Funding earned: −$64.1
Price spread: +0.026% → 0.000%: $2.57
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$83.54
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 21 min ago; gTrade (Gains Network): 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, 21 min ago	1.68 bp	6.8 bp −$7	26.2 bp −$262	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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/USDshort	L +0.0010% / S −0.0009%	1h	599.91	+0.026%	$45K	—	150x
Bybit XMRUSDT	+0.0100%	8h	600.85	+0.182%	$48.9M	$62.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	598.65	−0.186%	$1.1M	$666K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	599.61	−0.025%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	600.58	+0.138%	$12K	—	3x	as long as short
Lighter XMR	+0.0288%	1h	600.29	+0.089%	$3.4M	$6.9M	10x	as long as short
Backpack XMR_USDC_PERPlong	+0.0314%	1h	599.76	long leg	$204K	$575K	20x
MEXC XMR_USDT	+0.0328%	8h	600.44	+0.113%	$22.4M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0329%	8h	600.52	+0.126%	$55.0M	$163.5M	75x	as long as short
Variational Omni XMR	+0.0347%	8h	599.64	−0.019%	$6.9M	$2.5M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX XMR-USD	+0.0352%	1h	600.44	+0.113%	$456K	$3K	5x	as long as short
BingX XMR-USDT	+0.0396%	8h	600.72	+0.160%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0423%	8h	600.47	+0.118%	$10.0M	$14.2M	50x	as long as short
Kraken Futures PF_XMRUSD	+0.0459%	1h	599.44	−0.053%	$5.7M	$20.3M	50x	as long as short
BloFin XMR-USDT	+0.0461%	8h	600.92	+0.193%	$2.8M	$11.6M	75x	as long as short
Polymarket Perps XMR-USD	+0.0468%	1h	600.66	+0.150%	$23K	$1.8M	5x	as long as short
Gate XMR_USDT	+0.0544%	8h	600.33	+0.095%	$1.7M	$4.6M	50x	as long as short
Pacifica XMR	+0.0565%	1h	600.82	+0.177%	$283K	$1.0M	10x	as long as short
KuCoin XMRUSDTM	+0.0574%	8h	600.07	+0.052%	$49.0M	$25.9M	50x	as long as short
Aster XMRUSDT	+0.0578%	8h	600.84	+0.180%	$688K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0610%	8h	600.14	+0.063%	$350K	$797K	10x	as long as short
Paradex XMR-USD-PERP	+0.0865%	8h	600.98	+0.204%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0885% / S −0.2310%	1h	599.61	−0.024%	$549K	—	100x	as long as short
Nado XMR-PERP	+0.0919%	1h	600.75	+0.165%	$1.3M	$475K	10x	as long as short
Orderly PERP_XMR_USDC	+0.0957%	8h	600.22	+0.077%	$44K	$729K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.500%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1344%	1h	601.16	+0.233%	$90.4M	$69.8M	5x	as long as short
Extended XMR-USD	+0.1808%	1h	600.34	+0.098%	$3.1M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1946%	8h	599.43	−0.055%	$1.1M	$1.5M	20x	as long as short
dYdX XMR-USD	+0.2250%	1h	599.88	+0.020%	$109K	$50K	5x	as long as short
Aftermath Perps XMRUSD	+0.2340%	1h	599.29	−0.078%	$2K	$47K	10x	as long as short