Funding you earn now, next payment 00:00 UTC+0.0329%/8h= +36.0% APRpaid last 24h +0.276%
Price spread now: Backpack against SunX+0.068%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs+$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$67as in the Price arb table
costs, in and out, $10k−$730.730% of the position
Funding, last 7 days+1.299%+$130 on $10k
+Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.068%, 7d avg +0.010%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Backpack is 0.057% dearer against SunX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.010%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XMR-USDT | 590.74 | 0.0100 | pay 0.0100% / 8h | 10m 43s | $2K | $2.0M | 20x |
| Short | Backpack XMR_USDC_PERP | 591.14 | 0.0429 | get 0.0054% / 1h | 10m 43s | $201K | $580K | 20x |
SunX XMR-USDT
Backpack XMR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against SunX. 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
- $69.09
- Price spread: +0.068% → +0.010%
- $5.74
- Slippage, 4 orders
- −$54.95
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $1.88
- Costs to cover
- 0.730%
- Break-even
- 6.8 days
Slippage from SunX: live order book, 5 min ago; Backpack: live order book, 3 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 SunX live order book, 5 min ago | 13.43 bp | 35.4 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell Backpack live order book, 3 min ago | 0.34 bp | 5.4 bp −$5 | 29.2 bp −$292 | 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 −0.0009% | 1h | 590.49 | −0.042% | $45K | — | 150x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 591.40 | +0.112% | $1.0M | $663K | 10x | as long as short |
| SunX XMR-USDTlong | +0.0100% | 8h | 590.74 | long leg | $2K | $2.0M | 20x | |
| Bybit XMRUSDT | +0.0128% | 8h | 592.80 | +0.349% | $48.2M | $64.1M | 75x | as long as short |
| Aevo XMR-PERP | +0.0160% | 1h | 592.29 | +0.263% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0320% | 1h | 591.78 | +0.176% | $3.3M | $7.2M | 10x | as long as short |
| MEXC XMR_USDT | +0.0328% | 8h | 592.00 | +0.213% | $21.7M | $15.1M | 100x | as long as short |
| Binance XMRUSDT | +0.0328% | 8h | 591.98 | +0.210% | $54.1M | $165.6M | 75x | as long as short |
| BingX XMR-USDT | +0.0428% | 8h | 592.56 | +0.308% | — | $5.8M | — | as long as short |
| Backpack XMR_USDC_PERPshort | +0.0429% | 1h | 591.14 | +0.068% | $201K | $580K | 20x |
gTrade (Gains Network) XMR/USD
edgeX XMRUSDC
Bybit XMRUSDT
Aevo XMR-PERP
Lighter XMR
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XMRUSDT | +0.0458% | 8h | 591.55 | +0.137% | $9.7M | $14.5M | 50x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0466% | 1h | 590.16 | −0.099% | $5.6M | $20.5M | 50x | as long as short |
| BloFin XMR-USDT | +0.0473% | 8h | 591.74 | +0.169% | $2.8M | $11.6M | 75x | as long as short |
| Gate XMR_USDT | +0.0481% | 8h | 591.07 | +0.056% | $1.7M | $4.6M | 50x | as long as short |
| Pacifica XMR | +0.0565% | 1h | 592.27 | +0.260% | $277K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0570% | 8h | 591.00 | +0.044% | $48.3M | $26.1M | 50x | as long as short |
| Variational Omni XMR | +0.0578% | 8h | 591.90 | +0.196% | $6.8M | $2.6M | — | as long as short |
| Aster XMRUSDT | +0.0595% | 8h | 591.28 | +0.091% | $644K | $2.4M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0610% | 8h | 591.29 | +0.093% | $347K | $785K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0865% | 1h | 592.26 | +0.257% | $52K | $1.9M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0869% / S −0.2449% | 1h | 590.00 | −0.125% | $548K | — | 100x | as long as short |
| Paradex XMR-USD-PERP | +0.0896% | 8h | 591.93 | +0.201% | $8K | $4K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.0958% | 8h | 591.42 | +0.115% | $42K | $733K | 10x | as long as short |
| SoDEX XMR-USD | +0.1027% | 1h | 591.50 | +0.129% | $450K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1182% | 1h | 592.31 | +0.266% | $1.3M | $470K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.1312% | 1h | 596.76 | +1.019% | $3K | $6K | 12x | as long as short |
| dYdX XMR-USD | +0.1736% | 1h | 590.08 | −0.111% | $107K | $50K | 5x | as long as short |
| Hyperliquid XMR | +0.1743% | 1h | 592.49 | +0.296% | $89.4M | $71.9M | 5x | as long as short |
| HTX XMR-USDT | +0.1780% | 8h | 590.95 | +0.036% | $1.1M | $1.5M | 20x | as long as short |
| Extended XMR-USD | +0.1968% | 1h | 592.31 | +0.266% | $3.2M | $7.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2383% | 1h | 592.17 | +0.241% | $2K | $46K | 10x | as long as short |
Bitget XMRUSDT
Kraken Futures PF_XMRUSD
BloFin XMR-USDT
Gate XMR_USDT
Pacifica XMR
KuCoin XMRUSDTM
Variational Omni XMR
Aster XMRUSDT
GRVT XMR_USDT_Perp
Polymarket Perps XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Paradex XMR-USD-PERP
Orderly PERP_XMR_USDC
SoDEX XMR-USD
Nado XMR-PERP
Injective XMR/USDC PERP
dYdX XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Extended XMR-USD
Aftermath Perps XMRUSD