XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0229%/8h= +25.1% APRnext payment +$0.29 per $10,000 · paid last 24h −0.013%

Price spread now: SoDEX against Backpack+0.105%7-day average +0.079% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Backpack Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.152%−$15 on $10k

Price spread, last 4 days (all we have)−0.034%−$3 · spread now +0.105%, 7d avg +0.079%

Together, before fees−0.185%−$19 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and SoDEX is 0.026% dearer against Backpack than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.079%. Mind the row above: over the last 3 days funding on this pair cost −0.152%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack XMR_USDC_PERP	579.60	0.0450	pay 0.0056% / 1h	50m 33s	$170K	$534K	20x
Short	SoDEX XMR-USD	580.21	0.0679	get 0.0085% / 1h	50m 33s	$441K	$3K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now +0.105%Rate

Funding earned: $48.04
Price spread: +0.105% → +0.079%: $2.63
Slippage, 4 orders: −$21.14
Fee Backpack: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $11.53
Costs to cover: 0.391%
Break-even: 5.3 days

Slippage from Backpack: live order book, 8 min ago; SoDEX: live order book, 8 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, 8 min ago	0.43 bp	7.0 bp −$7	28.2 bp −$282	doesn't fit	doesn't fit
Sell SoDEX live order book, 8 min ago	0.09 bp	13.1 bp −$13	42.8 bp −$428	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
Injective XMR/USDC PERP	−0.0136%	1h	582.55	+0.509%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0010%	1h	579.37	−0.039%	$45K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	579.57	−0.005%	$3.2M	$7.3M	10x	as long as short
edgeX XMRUSDC	+0.0100%	4h	581.11	+0.261%	$1.0M	$655K	10x	as long as short
Polymarket Perps XMR-USD	+0.0100%	1h	580.01	+0.071%	$32K	$2.1M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	579.47	−0.022%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	580.00	+0.069%	$1.1M	$1.6M	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0148%	1h	579.00	−0.104%	$5.5M	$19.6M	50x	as long as short
Aevo XMR-PERP	+0.0200%	1h	580.31	+0.122%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0417%	1h	580.10	+0.086%	$105K	$44K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0424%	8h	579.69	+0.016%	$47.1M	$63.7M	75x	as long as short
Backpack XMR_USDC_PERPlong	+0.0450%	1h	579.60	long leg	$170K	$534K	20x
Gate XMR_USDT	+0.0475%	8h	579.66	+0.010%	$1.6M	$4.4M	50x	as long as short
MEXC XMR_USDT	+0.0491%	8h	579.73	+0.022%	$20.6M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0491%	8h	579.70	+0.017%	$52.8M	$164.5M	75x	as long as short
BingX XMR-USDT	+0.0555%	8h	579.98	+0.066%	—	$5.6M	—	as long as short
Bitget XMRUSDT	+0.0573%	8h	579.87	+0.047%	$9.5M	$13.8M	50x	as long as short
Pacifica XMR	+0.0626%	1h	580.06	+0.079%	$267K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0630%	8h	579.79	+0.033%	$47.6M	$25.1M	50x	as long as short
Hyperliquid XMR	+0.0649%	1h	580.25	+0.112%	$87.3M	$70.9M	5x	as long as short
Nado XMR-PERP	+0.0673%	1h	580.23	+0.108%	$1.3M	$463K	10x	as long as short
SoDEX XMR-USDshort	+0.0679%	1h	580.21	+0.105%	$441K	$3K	5x
Aster XMRUSDT	+0.0698%	8h	580.00	+0.069%	$651K	$2.4M	75x	as long as short
BloFin XMR-USDT	+0.0752%	8h	580.44	+0.145%	$2.7M	$11.3M	75x	as long as short
Paradex XMR-USD-PERP	+0.0821%	8h	580.32	+0.125%	$8K	$4K	20x	as long as short
Extended XMR-USD	+0.0824%	1h	579.82	+0.038%	$3.1M	$8.3M	25x	as long as short
GRVT XMR_USDT_Perp	+0.0872%	8h	581.14	+0.265%	$337K	$741K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0992% / S −0.1252%	1h	579.43	−0.030%	$596K	—	100x	as long as short
Variational Omni XMR	+0.1037%	8h	580.03	+0.075%	$6.6M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1105%	8h	580.07	+0.081%	$41K	$720K	10x	as long as short
Aftermath Perps XMRUSD	+0.2312%	1h	580.81	+0.209%	$1K	$45K	10x	as long as short