Funding you earn now, next payment 22:00 UTC−0.0462%/8h= −50.6% APRnext payment −$0.58 per $10,000 · paid last 24h −0.345%
Price spread now: gTrade (Gains Network) against Backpack−0.070%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 −$14 a day on $10k at the current rate, and gTrade (Gains Network) is 0.070% cheaper against Backpack than usual: you would sell low and buy high (−$7 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 | Backpack XMR_USDC_PERP | 594.15 | 0.0470 | pay 0.0059% / 1h | 6m 35s | $202K | $574K | 20x |
| Short | gTrade (Gains Network) XMR/USD | 593.74 | L +0.0010% / S −0.0009% | get 0.0001% / 1h | 6m 35s | $44K | — | 150x |
Backpack XMR_USDC_PERP
gTrade (Gains Network) XMR/USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
gTrade (Gains Network) against Backpack. 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
- −$96.95
- Price spread: −0.070% → 0.000%
- −$6.95
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee gTrade (Gains Network): 6 bp × 2 orders
- −$12
- Net
- −$125.9
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 17 min ago; gTrade (Gains Network): 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, 17 min ago | 1.68 bp | 6.7 bp −$7 | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell gTrade (Gains Network) no order-book sample | — | — | — | — | — |
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/USDshort | L +0.0010% / S −0.0009% | 1h | 593.74 | −0.070% | $44K | — | 150x | |
| Injective XMR/USDC PERP | +0.0033% | 1h | 591.89 | −0.380% | $3K | $6K | 12x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 594.64 | +0.082% | $47.9M | $61.2M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 597.83 | +0.620% | $1.1M | $672K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 593.62 | −0.089% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 594.60 | +0.077% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0261% | 8h | 598.61 | +0.750% | $7.0M | $2.7M | — | as long as short |
| Lighter XMR | +0.0288% | 1h | 594.43 | +0.046% | $3.5M | $6.7M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0291% | 1h | 595.88 | +0.291% | $24K | $1.8M | 5x | as long as short |
| MEXC XMR_USDT | +0.0338% | 8h | 594.83 | +0.114% | $22.6M | $15.3M | 100x | as long as short |
Injective XMR/USDC PERP
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Variational Omni XMR
Lighter XMR
Polymarket Perps XMR-USD
MEXC XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0338% | 8h | 595.01 | +0.145% | $54.6M | $162.5M | 75x | as long as short |
| BingX XMR-USDT | +0.0358% | 8h | 595.09 | +0.158% | — | $5.8M | — | as long as short |
| Bitget XMRUSDT | +0.0380% | 8h | 594.43 | +0.047% | $9.9M | $14.2M | 50x | as long as short |
| Gate XMR_USDT | +0.0434% | 8h | 594.01 | −0.024% | $1.6M | $4.5M | 50x | as long as short |
| SoDEX XMR-USD | +0.0451% | 1h | 594.58 | +0.072% | $452K | $3K | 5x | as long as short |
| Backpack XMR_USDC_PERPlong | +0.0470% | 1h | 594.15 | long leg | $202K | $574K | 20x | |
| BloFin XMR-USDT | +0.0485% | 8h | 595.00 | +0.143% | $2.8M | $11.4M | 75x | as long as short |
| Aster XMRUSDT | +0.0527% | 8h | 593.74 | −0.069% | $677K | $2.3M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0582% | 8h | 594.75 | +0.101% | $49.0M | $25.6M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0592% | 8h | 596.61 | +0.415% | $347K | $782K | 10x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0613% | 1h | 593.40 | −0.127% | $5.7M | $20.4M | 50x | as long as short |
| Pacifica XMR | +0.0619% | 1h | 594.66 | +0.087% | $271K | $1.0M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0786% | 8h | 594.53 | +0.064% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0843% / S −0.1414% | 1h | 593.65 | −0.084% | $354K | — | 100x | as long as short |
| dYdX XMR-USD | +0.0872% | 1h | 594.12 | −0.005% | $108K | $50K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.0892% | 8h | 594.36 | +0.035% | $48K | $718K | 10x | as long as short |
| Nado XMR-PERP | +0.1052% | 1h | 594.56 | +0.069% | $1.3M | $479K | 10x | as long as short |
| Extended XMR-USD | +0.1400% | 1h | 594.63 | +0.081% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1572% | 1h | 595.23 | +0.182% | $87.3M | $66.5M | 5x | as long as short |
| HTX XMR-USDT | +0.2259% | 8h | 593.00 | −0.194% | $1.1M | $1.4M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2332% | 1h | 596.25 | +0.353% | $2K | $47K | 10x | as long as short |
Binance XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
Gate XMR_USDT
SoDEX XMR-USD
BloFin XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
GRVT XMR_USDT_Perp
Kraken Futures PF_XMRUSD
Pacifica XMR
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
dYdX XMR-USD
Orderly PERP_XMR_USDC
Nado XMR-PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD