XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.092%

Price spread now: GMX against Backpack−0.097%7-day average −0.099% · you buy dearer than you sell

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

Long on Backpack Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.135%−$14 on $10k

Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.097%, 7d avg −0.099%

Together, before fees−0.154%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.099%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair cost −0.135%, 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	571.46	0.1367	pay 0.0171% / 1h	33m 25s	$168K	$532K	20x
Short	GMX XMR/USD [WBTC.b-USDC]	570.91	L +0.1061% / S −0.1406%	get 0.0176% / 1h	33m 25s	$591K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 GMXbpOrdersPrice spread, now −0.097%Rate

Funding earned: $8.19
Price spread: −0.097% → −0.099%: $0.21
Slippage, 4 orders: no order book: not counted
Fee Backpack: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: −$13.6
Costs to cover: 0.220%
Break-even: 18.6 days

Slippage unknown: Backpack: live order book, 15 min ago; GMX: 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, 15 min ago	1.66 bp	6.9 bp −$7	33.1 bp −$331	doesn't fit	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: 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/USD	L +0.0010% / S −0.0003%	1h	571.02	−0.076%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.941%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	573.65	+0.383%	$1.0M	$643K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	571.24	−0.038%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.89	+0.250%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0232%	1h	572.49	+0.180%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0315%	8h	571.75	+0.051%	$44.9M	$26.2M	50x	as long as short
dYdX XMR-USD	+0.0479%	1h	571.15	−0.054%	$103K	$44K	5x	as long as short
Bitget XMRUSDT	+0.0573%	8h	572.12	+0.115%	$9.4M	$13.3M	50x	as long as short
MEXC XMR_USDT	+0.0616%	8h	572.03	+0.100%	$19.7M	$14.6M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0619%	8h	572.02	+0.099%	$52.4M	$161.2M	75x	as long as short
Gate XMR_USDT	+0.0624%	8h	571.85	+0.068%	$1.5M	$4.3M	50x	as long as short
BingX XMR-USDT	+0.0672%	8h	572.03	+0.100%	—	$5.6M	—	as long as short
Bybit XMRUSDT	+0.0711%	8h	572.04	+0.101%	$46.3M	$64.3M	75x	as long as short
Polymarket Perps XMR-USD	+0.0734%	1h	571.95	+0.086%	$27K	$2.2M	5x	as long as short
Kraken Futures PF_XMRUSD	+0.0750%	1h	571.03	−0.075%	$5.4M	$19.1M	50x	as long as short
Aster XMRUSDT	+0.0765%	8h	572.08	+0.108%	$641K	$2.2M	75x	as long as short
Extended XMR-USD	+0.0768%	1h	572.14	+0.118%	$3.0M	$8.2M	25x	as long as short
Pacifica XMR	+0.0912%	1h	572.11	+0.114%	$265K	$1.0M	10x	as long as short
Paradex XMR-USD-PERP	+0.0931%	8h	572.23	+0.135%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.1007%	8h	571.95	+0.085%	$330K	$728K	10x	as long as short
Lighter XMR	+0.1008%	1h	572.01	+0.096%	$3.1M	$7.5M	10x	as long as short
BloFin XMR-USDT	+0.1013%	8h	574.03	+0.450%	$2.7M	$11.2M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]short	L +0.1061% / S −0.1406%	1h	570.91	−0.097%	$591K	—	100x
Orderly PERP_XMR_USDC	+0.1185%	8h	572.03	+0.100%	$40K	$713K	10x	as long as short
Hyperliquid XMR	+0.1186%	1h	572.01	+0.096%	$86.2M	$70.9M	5x	as long as short
Variational Omni XMR	+0.1193%	8h	571.73	+0.047%	$6.3M	$2.3M	—	as long as short
SoDEX XMR-USD	+0.1352%	1h	572.09	+0.110%	$435K	$3K	5x	as long as short
Nado XMR-PERP	+0.1355%	1h	572.05	+0.104%	$1.3M	$455K	10x	as long as short
Backpack XMR_USDC_PERPlong	+0.1367%	1h	571.46	long leg	$168K	$532K	20x
Aftermath Perps XMRUSD	+0.2101%	1h	571.77	+0.053%	$1K	$43K	10x	as long as short