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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0307%/8h= −33.7% APRnext payment $0.38 per $10,000 · paid last 24h −0.270%
Price spread now: Aevo against Backpack+0.042%7-day average · you sell dearer than you buy
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
The price spread pays, funding is against you. Aevo is 0.042% dearer against Backpack than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 11 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack XMR_USDC_PERP600.610.0467pay 0.0058% / 1h48m 38s$205K$575K20x
ShortAevo XMR-PERP600.860.0160get 0.0020% / 1h48m 38s$12K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aevo 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

Funding earned
−$64.57
Price spread: +0.042% → 0.000%
$4.16
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Aevo: 8 bp × 2 orders
−$16
Net
−$86.4
Costs to cover
0.260%
Break-even
never at this rate
Slippage unknown: Backpack: live order book, 30 min ago; Aevo: 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
LegHalf-spread$10k$100k$1M$5M
Buy Backpack live order book, 30 min ago1.68 bp6.8 bp −$726.2 bp −$262doesn't fitdoesn't fit
Sell Aevo no order-book sample
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 −0.0009%1h600.14−0.078%$45K150xas long as short
Bybit XMRUSDT+0.0100%8h602.01+0.233%$49.1M$62.9M75xas long as short
edgeX XMRUSDC+0.0100%4h600.64+0.006%$1.1M$666K10xas long as short
SunX XMR-USDT+0.0100%8h600.00−0.102%$2K$2.0M20xas long as short
Lighter XMR+0.0144%1h601.76+0.192%$3.4M$6.9M10xas long as short
Aevo XMR-PERPshort+0.0160%1h600.86+0.042%$12K3x
MEXC XMR_USDT+0.0327%8h602.12+0.251%$22.4M$14.9M100xas long as short
Binance XMRUSDT+0.0328%8h602.08+0.245%$55.1M$164.0M75xas long as short
Variational Omni XMR+0.0386%8h600.48−0.021%$7.0M$2.5Mas long as short
BingX XMR-USDT+0.0406%8h602.03+0.236%$5.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0424%8h602.23+0.270%$10.1M$14.3M50xas long as short
Kraken Futures PF_XMRUSD+0.0458%1h599.84−0.129%$5.7M$20.5M50xas long as short
BloFin XMR-USDT+0.0461%8h600.66+0.008%$2.8M$11.7M75xas long as short
Backpack XMR_USDC_PERPlong+0.0467%1h600.61long leg$205K$575K20x
Gate XMR_USDT+0.0524%8h601.42+0.135%$1.7M$4.6M50xas long as short
Pacifica XMR+0.0565%1h602.01+0.233%$283K$1.1M10xas long as short
KuCoin XMRUSDTM+0.0580%8h601.39+0.130%$49.1M$25.9M50xas long as short
Aster XMRUSDT+0.0587%8h601.67+0.177%$694K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0606%8h600.86+0.041%$350K$786K10xas long as short
SoDEX XMR-USD+0.0652%1h600.77+0.027%$457K$3K5xas long as short
Polymarket Perps XMR-USD+0.0667%1h601.36+0.125%$23K$1.8M5xas long as short
Paradex XMR-USD-PERP+0.0860%8h601.76+0.191%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0887% / S −0.2436%1h600.16−0.074%$555K100xas long as short
Orderly PERP_XMR_USDC+0.0951%8h600.55−0.010%$44K$729K10xas long as short
Nado XMR-PERP+0.1026%1h601.47+0.144%$1.3M$475K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76−0.641%$3K$6K12xas long as short
Hyperliquid XMR+0.1536%1h602.65+0.340%$90.8M$70.1M5xas long as short
Extended XMR-USD+0.1776%1h601.84+0.205%$3.2M$6.9M25xas long as short
HTX XMR-USDT+0.1987%8h600.43−0.030%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2313%1h601.23+0.103%$2K$46K10xas long as short
dYdX XMR-USD+0.2786%1h600.57−0.006%$109K$50K5xas long as short