Funding you earn now, next payment 08:00 UTC−0.0725%/8h= −79.3% APRpaid last 24h +0.043%
Price spread now: Backpack against BloFin−0.083%7-day average −0.099% · you buy dearer than you sell
Net, funding: paid 7d − costs+$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days+0.631%+$63 on $10k
+Price spread, last 4 days (all we have)−0.041%−$4 · spread now −0.083%, 7d avg −0.099%
=The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: −$22 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.631%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XMR-USDT | 577.91 | 0.0941 | pay 0.0941% / 8h | 58m 50s | $2.7M | $10.6M | 75x |
| Short | Backpack XMR_USDC_PERP | 577.43 | 0.0216 | get 0.0027% / 1h | 58m 50s | $176K | $479K | 20x |
BloFin XMR-USDT
Backpack XMR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against BloFin. 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
- −$152.16
- Price spread: −0.083% → −0.099%
- $1.58
- Slippage, 4 orders
- −$21.43
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$194.02
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; Backpack: live order book, 45 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 BloFin live order book, 5 min ago | 1.13 bp | 15.4 bp −$15 | 27.8 bp −$278 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 45 min ago | 1.22 bp | 6.4 bp −$6 | 28.1 bp −$281 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0004% | 1h | 577.14 | −0.133% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.803% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 577.59 | −0.056% | $1.0M | $563K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 577.68 | −0.040% | $26K | $1.8M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 577.54 | −0.064% | $2K | $1.4M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 578.55 | +0.111% | $1.1M | $1.3M | 20x | as long as short |
| Extended XMR-USD | +0.0104% | 1h | 577.81 | −0.018% | $3.0M | $8.0M | 25x | as long as short |
| SoDEX XMR-USD | +0.0126% | 1h | 577.92 | +0.002% | $439K | $3K | 5x | as long as short |
| Lighter XMR | +0.0192% | 1h | 577.76 | −0.026% | $3.1M | $5.8M | 10x | as long as short |
| Backpack XMR_USDC_PERPshort | +0.0216% | 1h | 577.43 | −0.083% | $176K | $479K | 20x |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Extended XMR-USD
SoDEX XMR-USD
Lighter XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo XMR-PERP | +0.0232% | 1h | 578.20 | +0.049% | $12K | — | 3x | as long as short |
| Hyperliquid XMR | +0.0250% | 1h | 577.90 | −0.002% | $87.6M | $63.1M | 5x | as long as short |
| KuCoin XMRUSDTM | +0.0294% | 8h | 577.56 | −0.061% | $45.7M | $20.8M | 50x | as long as short |
| dYdX XMR-USD | +0.0434% | 1h | 578.38 | +0.081% | $105K | $42K | 5x | as long as short |
| Bybit XMRUSDT | +0.0550% | 8h | 577.41 | −0.087% | $46.8M | $55.3M | 75x | as long as short |
| Bitget XMRUSDT | +0.0567% | 8h | 576.75 | −0.201% | $9.6M | $11.2M | 50x | as long as short |
| BingX XMR-USDT | +0.0573% | 8h | 578.00 | +0.016% | — | $5.3M | — | as long as short |
| MEXC XMR_USDT | +0.0591% | 8h | 577.95 | +0.007% | $20.3M | $11.0M | 100x | as long as short |
| Binance XMRUSDT | +0.0591% | 8h | 577.90 | −0.002% | $52.6M | $121.6M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0613% | 1h | 577.11 | −0.138% | $5.4M | $12.4M | 50x | as long as short |
| Gate XMR_USDT | +0.0625% | 8h | 577.57 | −0.059% | $1.6M | $2.8M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0651% | 8h | 578.46 | +0.095% | $8K | $3K | 20x | as long as short |
| Aster XMRUSDT | +0.0752% | 8h | 577.56 | −0.060% | $645K | $1.8M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0940% | 8h | 577.61 | −0.052% | $335K | $652K | 10x | as long as short |
| BloFin XMR-USDTlong | +0.0941% | 8h | 577.91 | long leg | $2.7M | $10.6M | 75x | |
| Pacifica XMR | +0.1002% | 1h | 578.29 | +0.066% | $274K | $846K | 10x | as long as short |
| Variational Omni XMR | +0.1008% | 8h | 577.39 | −0.089% | $6.3M | $2.3M | — | as long as short |
| Nado XMR-PERP | +0.1048% | 1h | 578.00 | +0.016% | $1.3M | $435K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1171% / S −0.1566% | 1h | 577.13 | −0.136% | $598K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1172% | 8h | 577.73 | −0.031% | $41K | $520K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1799% | 1h | 577.66 | −0.043% | $1K | $40K | 10x | as long as short |
Aevo XMR-PERP
Hyperliquid XMR
KuCoin XMRUSDTM
dYdX XMR-USD
Bybit XMRUSDT
Bitget XMRUSDT
BingX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Kraken Futures PF_XMRUSD
Gate XMR_USDT
Paradex XMR-USD-PERP
Aster XMRUSDT
GRVT XMR_USDT_Perp
Pacifica XMR
Variational Omni XMR
Nado XMR-PERP
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD