Funding you earn now, next payment 22:00 UTC−0.2144%/8h= −234.8% APRnext payment −$2.68 per $10,000 · paid last 24h −0.244%
Price spread now: Backpack against Aftermath Perps−0.115%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$64 a day on $10k at the current rate, and Backpack is 0.115% cheaper against Aftermath Perps than usual: you would sell low and buy high (−$11 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 | Aftermath Perps XMRUSD | 594.63 | 0.2333 | pay 0.0292% / 1h | 27m 42s | $2K | $47K | 10x |
| Short | Backpack XMR_USDC_PERP | 593.95 | 0.0188 | get 0.0024% / 1h | 27m 42s | $202K | $575K | 20x |
Aftermath Perps XMRUSD
Backpack XMR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against Aftermath Perps. 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
- −$450.3
- Price spread: −0.115% → 0.000%
- −$11.49
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$480.79
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Aftermath Perps: no order-book sample; Backpack: live order book, 61 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell Backpack live order book, 61 min ago | 1.87 bp | 6.9 bp −$7 | 23.6 bp −$236 | doesn't fit | doesn't fit |
Aftermath Perps: 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 −0.0009% | 1h | 594.02 | −0.102% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.461% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 593.34 | −0.218% | $47.6M | $60.9M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 596.08 | +0.243% | $1.1M | $674K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 593.80 | −0.140% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 594.86 | +0.039% | $12K | — | 3x | as long as short |
| Backpack XMR_USDC_PERPshort | +0.0188% | 1h | 593.95 | −0.115% | $202K | $575K | 20x | |
| Polymarket Perps XMR-USD | +0.0270% | 1h | 594.54 | −0.016% | $32K | $1.8M | 5x | as long as short |
| Lighter XMR | +0.0288% | 1h | 594.25 | −0.065% | $3.5M | $6.7M | 10x | as long as short |
| Variational Omni XMR | +0.0290% | 8h | 595.99 | +0.228% | $6.9M | $2.8M | — | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Polymarket Perps XMR-USD
Lighter XMR
Variational Omni XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0358% | 8h | 594.33 | −0.051% | $54.5M | $162.1M | 75x | as long as short |
| MEXC XMR_USDT | +0.0360% | 8h | 594.33 | −0.051% | $22.6M | $15.3M | 100x | as long as short |
| SoDEX XMR-USD | +0.0372% | 1h | 594.77 | +0.023% | $452K | $3K | 5x | as long as short |
| BingX XMR-USDT | +0.0375% | 8h | 594.53 | −0.017% | — | $5.8M | — | as long as short |
| Bitget XMRUSDT | +0.0391% | 8h | 594.00 | −0.107% | $9.9M | $14.1M | 50x | as long as short |
| Gate XMR_USDT | +0.0392% | 8h | 593.71 | −0.155% | $1.6M | $4.5M | 50x | as long as short |
| BloFin XMR-USDT | +0.0510% | 8h | 593.89 | −0.125% | $2.8M | $11.3M | 75x | as long as short |
| dYdX XMR-USD | +0.0519% | 1h | 593.51 | −0.189% | $108K | $50K | 5x | as long as short |
| Aster XMRUSDT | +0.0545% | 8h | 594.34 | −0.050% | $675K | $2.3M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0613% | 1h | 593.71 | −0.155% | $5.7M | $20.4M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0613% | 8h | 594.05 | −0.098% | $49.4M | $25.4M | 50x | as long as short |
| Pacifica XMR | +0.0619% | 1h | 594.44 | −0.032% | $269K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.0622% | 8h | 594.60 | −0.005% | $349K | $782K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0763% | 8h | 594.15 | −0.081% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0863% / S −0.1487% | 1h | 593.75 | −0.149% | $368K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.0889% | 8h | 594.72 | +0.015% | $48K | $725K | 10x | as long as short |
| Nado XMR-PERP | +0.0899% | 1h | 593.89 | −0.124% | $1.3M | $479K | 10x | as long as short |
| Extended XMR-USD | +0.1184% | 1h | 594.10 | −0.089% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1599% | 1h | 594.63 | −0.001% | $86.9M | $65.9M | 5x | as long as short |
| HTX XMR-USDT | +0.2310% | 8h | 592.95 | −0.283% | $1.1M | $1.4M | 20x | as long as short |
| Aftermath Perps XMRUSDlong | +0.2333% | 1h | 594.63 | long leg | $2K | $47K | 10x |
Binance XMRUSDT
MEXC XMR_USDT
SoDEX XMR-USD
BingX XMR-USDT
Bitget XMRUSDT
Gate XMR_USDT
BloFin XMR-USDT
dYdX XMR-USD
Aster XMRUSDT
Kraken Futures PF_XMRUSD
KuCoin XMRUSDTM
Pacifica XMR
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Nado XMR-PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT