Funding you earn now, next payment 02:00 UTC+0.0345%/8h= +37.7% APRpaid last 24h −0.008%
Price spread now: Paradex against Backpack+0.095%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Paradex is 0.095% dearer against Backpack than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XMR_USDC_PERP | 586.11 | 0.0868 | pay 0.0108% / 1h | 29m 11s | $183K | $534K | 20x |
| Short | Paradex XMR-USD-PERP | 586.66 | 0.1212 | get 0.1212% / 8h | 6h 29m | $8K | $4K | 20x |
Backpack XMR_USDC_PERP
Paradex XMR-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Paradex 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
- $72.35
- Price spread: +0.095% → 0.000%
- $9.46
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- $67.81
- Costs to cover
- 0.140%
- Break-even
- 0.4 days
Slippage unknown: Backpack: live order book, 40 min ago; Paradex: 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, 40 min ago | 0.94 bp | 6.9 bp −$7 | 28.8 bp −$288 | doesn't fit | doesn't fit |
| Sell Paradex no order-book sample | — | — | — | — | — |
Paradex: 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 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 | 584.87 | −0.211% | $35K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.817% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 585.74 | −0.063% | $1.0M | $670K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 585.49 | −0.106% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 584.95 | −0.198% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 586.65 | +0.092% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0493% | 8h | 586.50 | +0.067% | $21.0M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0494% | 8h | 586.47 | +0.061% | $53.7M | $168.4M | 75x | as long as short |
| dYdX XMR-USD | +0.0533% | 1h | 584.99 | −0.191% | $106K | $50K | 5x | as long as short |
| Gate XMR_USDT | +0.0549% | 8h | 585.38 | −0.125% | $1.6M | $4.6M | 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
MEXC XMR_USDT
Binance XMRUSDT
dYdX XMR-USD
Gate XMR_USDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0600% | 8h | 586.39 | +0.048% | $9.6M | $14.5M | 50x | as long as short |
| Aster XMRUSDT | +0.0672% | 8h | 586.19 | +0.014% | $650K | $2.5M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0765% | 8h | 585.70 | −0.070% | $48.0M | $26.2M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 586.87 | +0.130% | $272K | $1.1M | 10x | as long as short |
| Backpack XMR_USDC_PERPlong | +0.0868% | 1h | 586.11 | long leg | $183K | $534K | 20x | |
| BingX XMR-USDT | +0.0896% | 8h | 586.07 | −0.007% | — | $5.8M | — | as long as short |
| Bybit XMRUSDT | +0.0903% | 8h | 586.82 | +0.121% | $47.3M | $65.0M | 75x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0923% / S −0.1134% | 1h | 584.91 | −0.205% | $653K | — | 100x | as long as short |
| GRVT XMR_USDT_Perp | +0.0979% | 8h | 584.15 | −0.334% | $340K | $792K | 10x | as long as short |
| Lighter XMR | +0.0992% | 1h | 586.35 | +0.041% | $3.3M | $7.2M | 10x | as long as short |
| Variational Omni XMR | +0.1000% | 8h | 585.44 | −0.114% | $6.6M | $2.9M | — | as long as short |
| Polymarket Perps XMR-USD | +0.1050% | 1h | 586.20 | +0.015% | $47K | $2.1M | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.1053% | 8h | 586.55 | +0.075% | $42K | $735K | 10x | as long as short |
| Paradex XMR-USD-PERPshort | +0.1212% | 8h | 586.66 | +0.095% | $8K | $4K | 20x | |
| Kraken Futures PF_XMRUSD | +0.1306% | 1h | 585.19 | −0.158% | $5.6M | $20.5M | 50x | as long as short |
| Nado XMR-PERP | +0.1404% | 1h | 586.82 | +0.121% | $1.3M | $466K | 10x | as long as short |
| SoDEX XMR-USD | +0.1739% | 1h | 586.46 | +0.060% | $446K | $3K | 5x | as long as short |
| Hyperliquid XMR | +0.1770% | 1h | 586.32 | +0.036% | $88.6M | $73.6M | 5x | as long as short |
| Extended XMR-USD | +0.2016% | 1h | 586.27 | +0.027% | $3.2M | $8.3M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2761% | 1h | 584.38 | −0.295% | $1K | $46K | 10x | as long as short |
Bitget XMRUSDT
Aster XMRUSDT
KuCoin XMRUSDTM
Pacifica XMR
BingX XMR-USDT
Bybit XMRUSDT
GMX XMR/USD [WBTC.b-USDC]
GRVT XMR_USDT_Perp
Lighter XMR
Variational Omni XMR
Polymarket Perps XMR-USD
Orderly PERP_XMR_USDC
Kraken Futures PF_XMRUSD
Nado XMR-PERP
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD