XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC−0.0470%/8h= −51.5% APRnext payment −$0.59 per $10,000 · paid last 24h −0.345%

Price spread now: gTrade (Gains Network) against Backpack−0.058%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Backpack Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 0.058% cheaper against Backpack than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Backpack XMR_USDC_PERP	597.79	0.0479	pay 0.0060% / 1h	0m 01s	$203K	$574K	20x
Short	gTrade (Gains Network) XMR/USD	597.44	L +0.0010% / S −0.0009%	get 0.0001% / 1h	0m 01s	$45K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.058%Rate

Funding earned: −$98.77
Price spread: −0.058% → 0.000%: −$5.79
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$126.56
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Backpack: live order book, 24 min ago; gTrade (Gains Network): 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, 24 min ago	1.68 bp	6.7 bp −$7	23.8 bp −$238	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): 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 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/USDshort	L +0.0010% / S −0.0009%	1h	597.44	−0.058%	$45K	—	150x
Injective XMR/USDC PERP	+0.0033%	1h	591.89	−0.987%	$3K	$6K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	598.08	+0.049%	$48.2M	$61.2M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	595.52	−0.379%	$1.1M	$674K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	597.38	−0.069%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	596.97	−0.138%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0258%	8h	597.70	−0.014%	$6.9M	$2.7M	—	as long as short
Lighter XMR	+0.0312%	1h	597.88	+0.015%	$3.5M	$6.7M	10x	as long as short
Binance XMRUSDT	+0.0338%	8h	597.98	+0.032%	$54.8M	$162.5M	75x	as long as short
MEXC XMR_USDT	+0.0339%	8h	598.03	+0.040%	$22.7M	$15.3M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps XMR-USD	+0.0349%	1h	598.39	+0.100%	$24K	$1.8M	5x	as long as short
BingX XMR-USDT	+0.0363%	8h	597.73	−0.010%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0388%	8h	597.68	−0.018%	$10.0M	$14.2M	50x	as long as short
Gate XMR_USDT	+0.0436%	8h	597.31	−0.080%	$1.6M	$4.5M	50x	as long as short
Backpack XMR_USDC_PERPlong	+0.0479%	1h	597.79	long leg	$203K	$574K	20x
BloFin XMR-USDT	+0.0486%	8h	598.30	+0.085%	$2.8M	$11.5M	75x	as long as short
Aster XMRUSDT	+0.0537%	8h	598.12	+0.055%	$682K	$2.3M	75x	as long as short
SoDEX XMR-USD	+0.0577%	1h	598.14	+0.059%	$455K	$3K	5x	as long as short
KuCoin XMRUSDTM	+0.0593%	8h	597.19	−0.100%	$49.2M	$25.6M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0597%	8h	595.69	−0.351%	$347K	$782K	10x	as long as short
Kraken Futures PF_XMRUSD	+0.0609%	1h	597.10	−0.116%	$5.7M	$20.4M	50x	as long as short
Pacifica XMR	+0.0619%	1h	598.15	+0.060%	$273K	$1.0M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0845% / S −0.1414%	1h	597.26	−0.089%	$356K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0856%	8h	598.00	+0.035%	$8K	$4K	20x	as long as short
Orderly PERP_XMR_USDC	+0.0885%	8h	597.97	+0.030%	$49K	$718K	10x	as long as short
dYdX XMR-USD	+0.0955%	1h	596.69	−0.184%	$108K	$50K	5x	as long as short
Nado XMR-PERP	+0.1060%	1h	598.19	+0.067%	$1.3M	$479K	10x	as long as short
Extended XMR-USD	+0.1520%	1h	597.86	+0.011%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1603%	1h	598.90	+0.186%	$88.0M	$66.7M	5x	as long as short
HTX XMR-USDT	+0.2216%	8h	595.96	−0.306%	$1.1M	$1.4M	20x	as long as short
Aftermath Perps XMRUSD	+0.2388%	1h	596.87	−0.155%	$2K	$47K	10x	as long as short