Funding you earn now, next payment 02:00 UTC−0.0181%/8h= −19.8% APRpaid last 24h −0.092%
Price spread now: Gate against Backpack−0.048%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$121as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$550.545% of the position
Funding, last 7 days−0.670%−$67 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.048%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XMR_USDC_PERP | 585.66 | 0.0959 | pay 0.0120% / 1h | 11m 08s | $173K | $540K | 20x |
| Short | Gate XMR_USDT | 585.38 | 0.0778 | get 0.0778% / 8h | 6h 11m | $1.6M | $4.6M | 50x |
Backpack XMR_USDC_PERP
Gate XMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$38.02
- Price spread: −0.048% → −0.032%
- −$1.57
- Slippage, 4 orders
- −$29.51
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$94.1
- Costs to cover
- 0.545%
- Break-even
- never at this rate
Slippage from Backpack: live order book, 58 min ago; Gate: live order book, 2 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, 58 min ago | 0.94 bp | 6.9 bp −$7 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.16 bp | 26.1 bp −$26 | 45.3 bp −$453 | doesn't fit | doesn't fit |
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 | 585.17 | −0.084% | $35K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.895% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 587.73 | +0.353% | $1.0M | $670K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 585.55 | −0.019% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 586.45 | +0.135% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 586.28 | +0.106% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0392% | 1h | 585.54 | −0.020% | $106K | $50K | 5x | as long as short |
| Binance XMRUSDT | +0.0520% | 8h | 585.76 | +0.017% | $53.4M | $168.3M | 75x | as long as short |
| MEXC XMR_USDT | +0.0522% | 8h | 586.36 | +0.120% | $20.9M | $15.3M | 100x | as long as short |
| Bitget XMRUSDT | +0.0622% | 8h | 585.54 | −0.020% | $9.6M | $14.2M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
dYdX XMR-USD
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0701% | 8h | 585.97 | +0.053% | $652K | $2.5M | 75x | as long as short |
| Gate XMR_USDTshort | +0.0778% | 8h | 585.38 | −0.048% | $1.6M | $4.6M | 50x | |
| KuCoin XMRUSDTM | +0.0795% | 8h | 586.07 | +0.070% | $48.0M | $26.1M | 50x | as long as short |
| BingX XMR-USDT | +0.0796% | 8h | 586.40 | +0.126% | — | $5.8M | — | as long as short |
| Bybit XMRUSDT | +0.0816% | 8h | 585.70 | +0.007% | $47.4M | $65.0M | 75x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 586.42 | +0.129% | $270K | $1.1M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0940% | 1h | 585.84 | +0.031% | $32K | $2.1M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0953% / S −0.1203% | 1h | 585.08 | −0.100% | $652K | — | 100x | as long as short |
| Backpack XMR_USDC_PERPlong | +0.0959% | 1h | 585.66 | long leg | $173K | $540K | 20x | |
| Lighter XMR | +0.1040% | 1h | 586.25 | +0.100% | $3.3M | $7.2M | 10x | as long as short |
| Variational Omni XMR | +0.1043% | 8h | 586.31 | +0.111% | $6.7M | $2.9M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.1056% | 8h | 586.41 | +0.128% | $343K | $795K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.1062% | 8h | 586.20 | +0.092% | $42K | $736K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1252% | 8h | 586.09 | +0.074% | $8K | $4K | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.1306% | 1h | 585.09 | −0.097% | $5.6M | $20.5M | 50x | as long as short |
| Nado XMR-PERP | +0.1473% | 1h | 586.54 | +0.151% | $1.3M | $467K | 10x | as long as short |
| SoDEX XMR-USD | +0.1638% | 1h | 586.36 | +0.120% | $446K | $3K | 5x | as long as short |
| Hyperliquid XMR | +0.1673% | 1h | 586.14 | +0.082% | $88.5M | $73.9M | 5x | as long as short |
| Extended XMR-USD | +0.1944% | 1h | 586.20 | +0.092% | $3.1M | $8.2M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2778% | 1h | 586.34 | +0.116% | $1K | $46K | 10x | as long as short |
Aster XMRUSDT
KuCoin XMRUSDTM
BingX XMR-USDT
Bybit XMRUSDT
Pacifica XMR
Polymarket Perps XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Lighter XMR
Variational Omni XMR
GRVT XMR_USDT_Perp
Orderly PERP_XMR_USDC
Paradex XMR-USD-PERP
Kraken Futures PF_XMRUSD
Nado XMR-PERP
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD