Funding you earn now, next payment 23:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h +0.070%
Price spread now: Orderly against Backpack+0.042%7-day average +0.051% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 3 days (all we have)−0.033%−$3 · spread now +0.042%, 7d avg +0.051%
=The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: −$4 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 | 595.37 | 0.1017 | pay 0.0127% / 1h | 54m 42s | $202K | $574K | 20x |
| Short | Orderly PERP_XMR_USDC | 595.62 | 0.0884 | get 0.0884% / 8h | 1h 54m | $49K | $718K | 10x |
Backpack XMR_USDC_PERP
Orderly PERP_XMR_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$27.91
- Price spread: +0.042% → +0.051%
- −$0.88
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$44.79
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 29 min ago; Orderly: 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, 29 min ago | 1.68 bp | 6.7 bp −$7 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | 595.09 | −0.048% | $44K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 595.08 | −0.049% | $48.1M | $61.3M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 597.26 | +0.317% | $1.1M | $664K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 595.49 | +0.020% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 596.33 | +0.161% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0250% | 8h | 595.91 | +0.091% | $6.9M | $2.7M | — | as long as short |
| Binance XMRUSDT | +0.0332% | 8h | 595.20 | −0.028% | $54.6M | $162.6M | 75x | as long as short |
| MEXC XMR_USDT | +0.0334% | 8h | 595.31 | −0.010% | $22.6M | $14.9M | 100x | as long as short |
| BingX XMR-USDT | +0.0369% | 8h | 595.28 | −0.015% | — | $5.8M | — | as long as short |
| Kraken Futures PF_XMRUSD | +0.0383% | 1h | 595.09 | −0.048% | $5.7M | $20.4M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Variational Omni XMR
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Kraken Futures PF_XMRUSDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica XMR | +0.0387% | 1h | 596.19 | +0.138% | $270K | $1.0M | 10x | as long as short |
| Bitget XMRUSDT | +0.0392% | 8h | 595.51 | +0.024% | $9.9M | $14.2M | 50x | as long as short |
| Gate XMR_USDT | +0.0443% | 8h | 594.97 | −0.067% | $1.6M | $4.5M | 50x | as long as short |
| BloFin XMR-USDT | +0.0478% | 8h | 595.88 | +0.086% | $2.8M | $11.4M | 75x | as long as short |
| Lighter XMR | +0.0520% | 1h | 594.94 | −0.072% | $3.5M | $6.7M | 10x | as long as short |
| Aster XMRUSDT | +0.0529% | 8h | 595.31 | −0.010% | $675K | $2.3M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0537% | 1h | 596.38 | +0.170% | $24K | $1.8M | 5x | as long as short |
| KuCoin XMRUSDTM | +0.0582% | 8h | 595.11 | −0.044% | $48.8M | $25.7M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0594% | 8h | 597.78 | +0.405% | $348K | $782K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.0695% | 1h | 591.89 | −0.585% | $3K | $6K | 12x | as long as short |
| SoDEX XMR-USD | +0.0824% | 1h | 596.13 | +0.128% | $453K | $3K | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0844% / S −0.1415% | 1h | 594.99 | −0.064% | $355K | — | 100x | as long as short |
| Paradex XMR-USD-PERP | +0.0859% | 8h | 596.22 | +0.143% | $8K | $4K | 20x | as long as short |
| Orderly PERP_XMR_USDCshort | +0.0884% | 8h | 595.62 | +0.042% | $49K | $718K | 10x | |
| Backpack XMR_USDC_PERPlong | +0.1017% | 1h | 595.37 | long leg | $202K | $574K | 20x | |
| dYdX XMR-USD | +0.1347% | 1h | 594.49 | −0.148% | $108K | $50K | 5x | as long as short |
| Extended XMR-USD | +0.1616% | 1h | 595.42 | +0.008% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1711% | 1h | 595.90 | +0.089% | $87.8M | $67.0M | 5x | as long as short |
| Nado XMR-PERP | +0.1796% | 1h | 596.35 | +0.165% | $1.3M | $479K | 10x | as long as short |
| HTX XMR-USDT | +0.2192% | 8h | 595.00 | −0.062% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2450% | 1h | 596.44 | +0.180% | $2K | $47K | 10x | as long as short |
Pacifica XMR
Bitget XMRUSDT
Gate XMR_USDT
BloFin XMR-USDT
Lighter XMR
Aster XMRUSDT
Polymarket Perps XMR-USD
KuCoin XMRUSDTM
GRVT XMR_USDT_Perp
Injective XMR/USDC PERP
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Paradex XMR-USD-PERP
dYdX XMR-USD
Extended XMR-USD
Hyperliquid XMR
Nado XMR-PERP
HTX XMR-USDT
Aftermath Perps XMRUSD