Funding you earn now, next payment 06:00 UTC+0.0147%/8h= +16.1% APRnext payment +$0.18 per $10,000 · paid last 24h −0.029%
Price spread now: Backpack against SoDEX−0.082%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$390.394% of the position
Funding, last 3 days (all we have)+0.134%+$13 on $10k
+Price spread, last 4 days (all we have)+0.006%+$1 · spread now −0.082%, 7d avg −0.079%
=The price spread sits at its 7-day average of −0.079%, 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 | SoDEX XMR-USD | 575.18 | 0.1250 | pay 0.0156% / 1h | 22m 43s | $437K | $3K | 5x |
| Short | Backpack XMR_USDC_PERP | 574.71 | 0.1397 | get 0.0175% / 1h | 22m 43s | $169K | $531K | 20x |
SoDEX XMR-USD
Backpack XMR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against SoDEX. 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
- $30.95
- Price spread: −0.082% → −0.079%
- −$0.29
- Slippage, 4 orders
- −$21.43
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$8.78
- Costs to cover
- 0.394%
- Break-even
- 9.0 days
Slippage from SoDEX: live order book, 26 min ago; Backpack: live order book, 26 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 SoDEX live order book, 26 min ago | 0.09 bp | 12.9 bp −$13 | 46.3 bp −$463 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 26 min ago | 1.66 bp | 6.8 bp −$7 | 28.7 bp −$287 | 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 −0.0003% | 1h | 574.07 | −0.192% | $38K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.281% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 573.27 | −0.333% | $1.0M | $640K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 574.07 | −0.193% | $2K | $1.8M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 573.30 | −0.327% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 574.60 | −0.101% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0324% | 8h | 574.89 | −0.050% | $45.1M | $26.1M | 50x | as long as short |
| dYdX XMR-USD | +0.0388% | 1h | 574.41 | −0.134% | $104K | $44K | 5x | as long as short |
| Bitget XMRUSDT | +0.0574% | 8h | 575.14 | −0.007% | $9.5M | $13.3M | 50x | as long as short |
| MEXC XMR_USDT | +0.0617% | 8h | 575.40 | +0.038% | $19.8M | $14.6M | 100x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
KuCoin XMRUSDTM
dYdX XMR-USD
Bitget XMRUSDT
MEXC XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0623% | 8h | 575.50 | +0.056% | $52.6M | $160.8M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0647% | 1h | 574.62 | −0.097% | $27K | $2.2M | 5x | as long as short |
| Gate XMR_USDT | +0.0649% | 8h | 574.98 | −0.035% | $1.6M | $4.3M | 50x | as long as short |
| BingX XMR-USDT | +0.0676% | 8h | 575.40 | +0.038% | — | $5.6M | — | as long as short |
| Extended XMR-USD | +0.0680% | 1h | 575.26 | +0.015% | $3.1M | $8.1M | 25x | as long as short |
| Bybit XMRUSDT | +0.0702% | 8h | 575.03 | −0.026% | $46.5M | $64.2M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0746% | 1h | 573.98 | −0.209% | $5.4M | $19.1M | 50x | as long as short |
| Aster XMRUSDT | +0.0778% | 8h | 574.79 | −0.068% | $647K | $2.2M | 75x | as long as short |
| Lighter XMR | +0.0872% | 1h | 575.27 | +0.017% | $3.1M | $7.6M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0888% | 8h | 575.41 | +0.039% | $8K | $4K | 20x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 575.35 | +0.029% | $266K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1013% | 8h | 574.39 | −0.137% | $345K | $727K | 10x | as long as short |
| BloFin XMR-USDT | +0.1018% | 8h | 575.16 | −0.003% | $2.7M | $11.2M | 75x | as long as short |
| Hyperliquid XMR | +0.1061% | 1h | 575.25 | +0.012% | $86.8M | $70.8M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1084% / S −0.1448% | 1h | 573.90 | −0.223% | $594K | — | 100x | as long as short |
| Variational Omni XMR | +0.1182% | 8h | 573.18 | −0.348% | $6.3M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1189% | 8h | 574.92 | −0.045% | $40K | $677K | 10x | as long as short |
| Nado XMR-PERP | +0.1243% | 1h | 574.89 | −0.050% | $1.3M | $452K | 10x | as long as short |
| SoDEX XMR-USDlong | +0.1250% | 1h | 575.18 | long leg | $437K | $3K | 5x | |
| Backpack XMR_USDC_PERPshort | +0.1397% | 1h | 574.71 | −0.082% | $169K | $531K | 20x | |
| Aftermath Perps XMRUSD | +0.2050% | 1h | 573.50 | −0.292% | $1K | $42K | 10x | as long as short |
Binance XMRUSDT
Polymarket Perps XMR-USD
Gate XMR_USDT
BingX XMR-USDT
Extended XMR-USD
Bybit XMRUSDT
Kraken Futures PF_XMRUSD
Aster XMRUSDT
Lighter XMR
Paradex XMR-USD-PERP
Pacifica XMR
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Hyperliquid XMR
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Nado XMR-PERP
Aftermath Perps XMRUSD