Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0467%/8h= +51.1% APRnext payment +$0.58 per $10,000 · paid last 24h +0.253%
Price spread now: Backpack against Aevo−0.048%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Backpack is 0.048% cheaper against Aevo than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 8 hours of funding at the current rate (+$14 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAevo XMR-PERP568.460.0224pay 0.0028% / 1h59m 40s$11K3x
ShortBackpack XMR_USDC_PERP568.190.0691get 0.0086% / 1h59m 40s$167K$533K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Backpack against Aevo. 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

Funding earned
$97.99
Price spread: −0.048% → 0.000%
−$4.81
Slippage, 4 orders
no order book: not counted
Fee Aevo: 8 bp × 2 orders
−$16
Fee Backpack: 5 bp × 2 orders
−$10
Net
$67.17
Costs to cover
0.260%
Break-even
2.2 days
Slippage unknown: Aevo: no order-book sample; Backpack: live order book, 54 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aevo no order-book sample
Sell Backpack live order book, 54 min ago0.87 bp5.9 bp −$627.0 bp −$270doesn't fitdoesn't fit
Aevo: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0003%1h566.88−0.279%$37K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+2.478%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h568.63+0.030%$1.0M$645K10xas long as short
SunX XMR-USDT+0.0100%8h568.00−0.082%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h568.42−0.008%$1.0M$1.6M20xas long as short
Aevo XMR-PERPlong+0.0224%1h568.46long leg$11K3x
Kraken Futures PF_XMRUSD+0.0228%1h567.40−0.187%$5.4M$19.1M50xas long as short
KuCoin XMRUSDTM+0.0268%8h568.31−0.027%$44.7M$26.5M50xas long as short
Bitget XMRUSDT+0.0538%8h569.66+0.210%$9.4M$13.5M50xas long as short
Gate XMR_USDT+0.0554%8h568.46−0.001%$1.5M$4.3M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XMR_USDT+0.0570%8h569.31+0.149%$19.7M$14.6M100xas long as short
Binance XMRUSDT+0.0576%8h569.44+0.172%$52.0M$163.3M75xas long as short
BingX XMR-USDT+0.0613%8h569.76+0.228%$5.7Mas long as short
Lighter XMR+0.0616%1h568.91+0.078%$3.1M$7.5M10xas long as short
Paradex XMR-USD-PERP+0.0626%8h568.90+0.076%$8K$4K20xas long as short
Extended XMR-USD+0.0664%1h569.32+0.151%$3.0M$8.4M25xas long as short
Bybit XMRUSDT+0.0666%8h569.52+0.186%$46.2M$64.7M75xas long as short
Pacifica XMR+0.0682%1h568.87+0.072%$263K$1.0M10xas long as short
Backpack XMR_USDC_PERPshort+0.0691%1h568.19−0.048%$167K$533K20x
Aster XMRUSDT+0.0723%8h568.00−0.081%$634K$2.3M75xas long as short
Polymarket Perps XMR-USD+0.0736%1h568.53+0.012%$28K$2.2M5xas long as short
dYdX XMR-USD+0.0872%1h567.24−0.215%$103K$44K5xas long as short
BloFin XMR-USDT+0.0935%8h568.79+0.057%$2.7M$11.1M75xas long as short
GRVT XMR_USDT_Perp+0.0972%8h568.55+0.015%$336K$720K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1003% / S −0.1294%1h566.77−0.298%$587K100xas long as short
Orderly PERP_XMR_USDC+0.1155%8h568.58+0.020%$40K$725K10xas long as short
Nado XMR-PERP+0.1155%1h568.41−0.010%$1.3M$458K10xas long as short
Variational Omni XMR+0.1158%8h569.03+0.100%$6.3M$2.3Mas long as short
SoDEX XMR-USD+0.1401%1h568.64+0.031%$432K$3K5xas long as short
Hyperliquid XMR+0.1427%1h568.50+0.006%$85.7M$71.4M5xas long as short
Aftermath Perps XMRUSD+0.1944%1h569.11+0.114%$1K$43K10xas long as short