Funding you earn now, next payment 03:00 UTC+0.0675%/8h= +73.9% APRnext payment +$0.84 per $10,000 · paid last 24h +0.338%
Price spread now: Backpack against gTrade (Gains Network)+0.054%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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 for this trade now. Funding pays +$20 a day on $10k at the current rate, and Backpack is 0.054% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XMR/USD | 582.44 | L +0.0010% / S −0.0010% | pay 0.0001% / 1h | 7m 40s | $45K | — | 150x |
| Short | Backpack XMR_USDC_PERP | 582.76 | 0.0685 | get 0.0086% / 1h | 7m 40s | $171K | $537K | 20x |
gTrade (Gains Network) XMR/USD
Backpack XMR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against gTrade (Gains Network). 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
- $141.82
- Price spread: +0.054% → 0.000%
- $5.43
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- $125.24
- Costs to cover
- 0.220%
- Break-even
- 0.8 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Backpack: live order book, 56 min ago. 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 56 min ago | 1.37 bp | 6.5 bp −$6 | 30.6 bp −$306 | doesn't fit | doesn't fit |
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/USDlong | L +0.0010% / S −0.0010% | 1h | 582.44 | long leg | $45K | — | 150x | |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +0.018% | $3K | $6K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 586.63 | +0.718% | $1.0M | $654K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 582.48 | +0.006% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 583.00 | +0.095% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 583.30 | +0.148% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0260% | 1h | 581.81 | −0.109% | $105K | $47K | 5x | as long as short |
| Polymarket Perps XMR-USD | +0.0264% | 1h | 583.00 | +0.095% | $24K | $2.1M | 5x | as long as short |
| Bybit XMRUSDT | +0.0492% | 8h | 582.23 | −0.037% | $47.3M | $64.1M | 75x | as long as short |
| Lighter XMR | +0.0496% | 1h | 582.20 | −0.042% | $3.3M | $7.2M | 10x | as long as short |
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
dYdX XMR-USD
Polymarket Perps XMR-USD
Bybit XMRUSDT
Lighter XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.0504% | 8h | 582.19 | −0.044% | $20.7M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0504% | 8h | 582.02 | −0.073% | $53.0M | $165.7M | 75x | as long as short |
| Gate XMR_USDT | +0.0544% | 8h | 582.39 | −0.009% | $1.6M | $4.5M | 50x | as long as short |
| BingX XMR-USDT | +0.0569% | 8h | 582.33 | −0.020% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0594% | 8h | 582.27 | −0.030% | $9.5M | $14.1M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0679% | 8h | 582.42 | −0.004% | $47.8M | $26.0M | 50x | as long as short |
| Backpack XMR_USDC_PERPshort | +0.0685% | 1h | 582.76 | +0.054% | $171K | $537K | 20x | |
| Aster XMRUSDT | +0.0713% | 8h | 582.29 | −0.027% | $656K | $2.4M | 75x | as long as short |
| BloFin XMR-USDT | +0.0778% | 8h | 584.75 | +0.396% | $2.7M | $11.4M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0876% | 8h | 582.22 | −0.038% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0928% | 8h | 586.80 | +0.748% | $341K | $764K | 10x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0958% | 1h | 582.02 | −0.072% | $5.5M | $19.6M | 50x | as long as short |
| Nado XMR-PERP | +0.0989% | 1h | 583.75 | +0.224% | $1.3M | $463K | 10x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 582.19 | −0.044% | $268K | $1.1M | 10x | as long as short |
| Hyperliquid XMR | +0.1013% | 1h | 582.08 | −0.062% | $87.7M | $71.1M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1040% / S −0.1407% | 1h | 582.35 | −0.016% | $649K | — | 100x | as long as short |
| SoDEX XMR-USD | +0.1054% | 1h | 583.24 | +0.137% | $443K | $3K | 5x | as long as short |
| Variational Omni XMR | +0.1064% | 8h | 586.59 | +0.711% | $6.7M | $2.4M | — | as long as short |
| Extended XMR-USD | +0.1072% | 1h | 582.16 | −0.048% | $3.1M | $7.9M | 25x | as long as short |
| Orderly PERP_XMR_USDC | +0.1112% | 8h | 583.13 | +0.118% | $41K | $720K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2450% | 1h | 585.04 | +0.445% | $1K | $45K | 10x | as long as short |
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
KuCoin XMRUSDTM
Aster XMRUSDT
BloFin XMR-USDT
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
Kraken Futures PF_XMRUSD
Nado XMR-PERP
Pacifica XMR
Hyperliquid XMR
GMX XMR/USD [WBTC.b-USDC]
SoDEX XMR-USD
Variational Omni XMR
Extended XMR-USD
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD