After costs, if the gap returns to its 7d average, $10k−$21
spread now+0.091%7d average+0.077%fees + slippage, in and out−$22spread needed0.221%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XMR_USDC_PERP | 571.72 | 0.0788 | pay 0.0098% / 1h | 33m 33s | $178K | $493K | 20x |
| Short | MEXC XMR_USDT | 572.24 | 0.0713 | get 0.0713% / 8h | 1h 33m | $21.3M | $14.3M | 100x |
Backpack XMR_USDC_PERP
MEXC XMR_USDTPrice 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
- $9.1
- Funding while held
- −$2.24
- Slippage, 4 orders
- −$8.08
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$15.23
- Spread needed to break even
- 0.221%
Slippage from Backpack: live order book, 22 min ago; MEXC: live order book, 2 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0075%
- Per $10,000 a day
- −$2.24
- 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, 22 min ago | 0.52 bp | 5.6 bp −$6 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 0.09 bp | 4.9 bp −$5 | 28.4 bp −$284 | 74.3 bp −$7,433 | 203.4 bp −$101.7K |
XMR price on every exchange
against the cheapest. Click to use as the short leg.Variational Omni570.37cheapestedgeX570.64+0.048%HTX570.96+0.104%gTrade (Gains Network)570.98+0.108%GMX571.20+0.147%dYdX571.37+0.176%Kraken Futures571.39+0.179%Aftermath Perps571.59+0.216%SunX571.69+0.232%
Variational Omni
HTX
gTrade (Gains Network)
GMX
dYdX
Kraken Futures
SunXBackpack571.72+0.238%
KuCoin571.78+0.248%Gate572.07+0.299%Orderly572.12+0.308%Lighter572.22+0.325%BloFin572.22+0.325%
KuCoin
Gate
Orderly
Lighter
BloFinMEXC572.24+0.329%
Aster572.25+0.330%Hyperliquid572.25+0.330%Binance572.26+0.333%Bitget572.28+0.336%Pacifica572.30+0.339%Extended572.31+0.340%SoDEX572.34+0.346%Bybit572.36+0.350%Polymarket Perps572.37+0.351%Nado572.45+0.366%Paradex572.59+0.390%Aevo572.66+0.402%BingX572.67+0.404%Injective578.59+1.442%
Aster
Hyperliquid
Binance
Bitget
Pacifica
Extended
SoDEX
Bybit
Polymarket Perps
Nado
Paradex
Aevo
BingX
InjectiveXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni XMR | −0.237% | +0.0919% | 8h | $6.8M | $4.7M | — | as long as short |
| edgeX XMRUSDC | −0.189% | +0.0100% | 4h | $1.0M | $680K | 10x | as long as short |
| HTX XMR-USDT | −0.133% | +0.4394% | 8h | $1.1M | $1.4M | 20x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.129% | L +0.0010% / S −0.0008% | 1h | $32K | — | 150x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | −0.091% | L +0.1218% / S −0.2215% | 1h | $266K | — | 100x | as long as short |
| dYdX XMR-USD | −0.061% | +0.0113% | 1h | $103K | $37K | 5x | as long as short |
| Kraken Futures PF_XMRUSD | −0.058% | +0.0978% | 1h | $5.6M | $18.3M | 50x | as long as short |
| Aftermath Perps XMRUSD | −0.022% | +0.2152% | 1h | $1K | $49K | 10x | as long as short |
| SunX XMR-USDT | −0.005% | +0.0100% | 8h | $2K | $2.0M | 20x | as long as short |
| Backpack XMR_USDC_PERPlong | 0.000% | +0.0788% | 1h | $178K | $493K | 20x |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin XMRUSDTM | +0.010% | +0.0773% | 8h | $46.7M | $23.9M | 50x | as long as short |
| Gate XMR_USDT | +0.061% | +0.0561% | 8h | $1.5M | $4.2M | 50x | as long as short |
| Orderly PERP_XMR_USDC | +0.070% | +0.1777% | 8h | $52K | $713K | 10x | as long as short |
| Lighter XMR | +0.087% | +0.0720% | 1h | $3.6M | $5.8M | 10x | as long as short |
| BloFin XMR-USDT | +0.087% | +0.0985% | 8h | $2.8M | $10.2M | 75x | as long as short |
| MEXC XMR_USDTshort | +0.091% | +0.0713% | 8h | $21.3M | $14.3M | 100x | |
| Aster XMRUSDT | +0.093% | +0.0895% | 8h | $667K | $2.3M | 75x | as long as short |
| Hyperliquid XMR | +0.093% | +0.1111% | 1h | $79.9M | $56.2M | 5x | as long as short |
| Binance XMRUSDT | +0.095% | +0.0713% | 8h | $54.2M | $154.1M | 75x | as long as short |
| Bitget XMRUSDT | +0.098% | +0.0872% | 8h | $9.7M | $14.4M | 50x | as long as short |
| Pacifica XMR | +0.101% | +0.0585% | 1h | $272K | $1.1M | 10x | as long as short |
| Extended XMR-USD | +0.103% | +0.0888% | 1h | $3.2M | $6.9M | 25x | as long as short |
| SoDEX XMR-USD | +0.108% | +0.0835% | 1h | $435K | $4K | 5x | as long as short |
| Bybit XMRUSDT | +0.112% | +0.0183% | 8h | $45.9M | $56.2M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.114% | +0.0940% | 1h | $16K | $1.8M | 5x | as long as short |
| Nado XMR-PERP | +0.129% | +0.0865% | 1h | $1.3M | $478K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.152% | +0.0672% | 8h | $8K | $3K | 20x | as long as short |
| Aevo XMR-PERP | +0.164% | +0.0256% | 1h | $12K | — | 3x | as long as short |
| BingX XMR-USDT | +0.166% | +0.0833% | 8h | — | $5.6M | — | as long as short |
| Injective XMR/USDC PERP | +1.202% | +0.0033% | 1h | $3K | $85K | 12x | as long as short |