After costs, if the gap returns to its 7d average, $10k−$29
spread now+0.060%7d average+0.033%fees + slippage, in and out−$31spread needed0.313%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XMR_USDC_PERP | 570.57 | 0.0401 | pay 0.0050% / 1h | 42m 05s | $151K | $523K | 20x |
| Short | Hyperliquid XMR | 570.91 | 0.0711 | get 0.0089% / 1h | 42m 05s | $80.1M | $57.3M | 5x |
Backpack XMR_USDC_PERP
Hyperliquid XMRPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $5.96
- Funding while held
- $9.29
- Slippage, 4 orders
- −$12.27
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$16.02
- Spread needed to break even
- 0.313%
Slippage from Backpack: live order book, 63 min ago; Hyperliquid: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0310%
- Per $10,000 a day
- +$9.29
- Average in range /8h
- —
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, 63 min ago | 1.66 bp | 6.7 bp −$7 | 29.0 bp −$290 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 3 min ago | 0.44 bp | 8.8 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
XMR price on every exchange
against the cheapest. Click to use as the short leg.HTX570.00cheapestSunX570.26+0.046%GMX570.28+0.049%Kraken Futures570.29+0.051%Lighter570.34+0.059%gTrade (Gains Network)570.34+0.060%dYdX570.53+0.092%KuCoin570.53+0.093%
HTX
SunX
GMX
Kraken Futures
Lighter
gTrade (Gains Network)
dYdX
KuCoinBackpack570.57+0.100%
Extended570.65+0.114%MEXC570.67+0.118%Polymarket Perps570.85+0.149%Bybit570.86+0.151%Gate570.86+0.151%
Extended
MEXC
Polymarket Perps
Bybit
GateHyperliquid570.91+0.160%
BingX570.94+0.165%SoDEX571.02+0.179%Aevo571.07+0.187%Binance571.08+0.189%Aftermath Perps571.08+0.190%Bitget571.11+0.195%Aster571.25+0.219%Nado571.25+0.220%Orderly571.28+0.225%Paradex571.34+0.235%Pacifica571.35+0.237%BloFin571.81+0.318%edgeX572.09+0.367%Variational Omni572.92+0.511%Injective578.59+1.507%
BingX
SoDEX
Aevo
Binance
Bitget
Aster
Nado
Orderly
Paradex
Pacifica
BloFin
Variational Omni
InjectiveXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| HTX XMR-USDT | −0.100% | +0.0100% | 8h | $1.1M | $1.4M | 20x | as long as short |
| SunX XMR-USDT | −0.054% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | −0.051% | L +0.0969% / S −0.1633% | 1h | $248K | — | 100x | as long as short |
| Kraken Futures PF_XMRUSD | −0.049% | −0.0008% | 1h | $5.6M | $18.3M | 50x | as long as short |
| Lighter XMR | −0.041% | +0.0096% | 1h | $3.5M | $5.9M | 10x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.040% | L +0.0010% / S −0.0008% | 1h | $32K | — | 150x | as long as short |
| dYdX XMR-USD | −0.008% | +0.4390% | 1h | $103K | $43K | 5x | as long as short |
| KuCoin XMRUSDTM | −0.007% | +0.0506% | 8h | $46.4M | $24.1M | 50x | as long as short |
| Backpack XMR_USDC_PERPlong | 0.000% | +0.0401% | 1h | $151K | $523K | 20x | |
| Extended XMR-USD | +0.014% | +0.0568% | 1h | $3.2M | $6.7M | 25x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| MEXC XMR_USDT | +0.018% | +0.0412% | 8h | $21.9M | $14.1M | 100x | as long as short |
| Polymarket Perps XMR-USD | +0.049% | +0.0212% | 1h | $15K | $1.6M | 5x | as long as short |
| Bybit XMRUSDT | +0.051% | +0.0100% | 8h | $45.4M | $56.6M | 75x | as long as short |
| Gate XMR_USDT | +0.051% | +0.0178% | 8h | $1.5M | $4.2M | 50x | as long as short |
| Hyperliquid XMRshort | +0.060% | +0.0711% | 1h | $80.1M | $57.3M | 5x | |
| BingX XMR-USDT | +0.065% | +0.0512% | 8h | — | $5.6M | — | as long as short |
| SoDEX XMR-USD | +0.079% | +0.0433% | 1h | $434K | $4K | 5x | as long as short |
| Aevo XMR-PERP | +0.087% | +0.0184% | 1h | $12K | — | 3x | as long as short |
| Binance XMRUSDT | +0.089% | +0.0412% | 8h | $53.4M | $154.3M | 75x | as long as short |
| Aftermath Perps XMRUSD | +0.090% | +0.1776% | 1h | $1K | $47K | 10x | as long as short |
| Bitget XMRUSDT | +0.095% | +0.0539% | 8h | $9.8M | $13.5M | 50x | as long as short |
| Aster XMRUSDT | +0.119% | +0.0687% | 8h | $671K | $2.3M | 75x | as long as short |
| Nado XMR-PERP | +0.120% | +0.0823% | 1h | $1.3M | $446K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.124% | +0.0781% | 8h | $54K | $711K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.135% | +0.0564% | 8h | $8K | $3K | 20x | as long as short |
| Pacifica XMR | +0.137% | +0.0556% | 1h | $271K | $1.0M | 10x | as long as short |
| BloFin XMR-USDT | +0.217% | +0.0536% | 8h | $2.8M | $10.4M | 75x | as long as short |
| edgeX XMRUSDC | +0.266% | +0.0100% | 4h | $1.0M | $683K | 10x | as long as short |
| Variational Omni XMR | +0.411% | +0.0492% | 8h | $6.9M | $4.3M | — | as long as short |
| Injective XMR/USDC PERP | +1.406% | +0.0033% | 1h | $3K | $85K | 12x | as long as short |