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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0025%/8h= +2.8% APRpaid last 24h +0.013%
Price spread now: Paradex against Backpack+0.212%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropParadex: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Paradex is 0.212% dearer against Backpack than usual: you sell high and buy low: +$21 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBackpack XMR_USDC_PERP573.440.0856pay 0.0107% / 1h55m 36s$174K$533K20x
ShortParadex XMR-USD-PERP574.660.0881get 0.0881% / 8h1h 55m$8K$3K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Paradex 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
$5.33
Price spread: +0.212% → 0.000%
$21.25
Slippage, 4 orders
no order book: not counted
Fee Backpack: 5 bp × 2 orders
−$10
Fee Paradex: 2 bp × 2 orders
−$4
Net
$12.58
Costs to cover
0.140%
Break-even
from the start
Slippage unknown: Backpack: live order book, 53 min ago; Paradex: 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, 53 min ago1.66 bp6.9 bp −$733.1 bp −$331doesn't fitdoesn't fit
Sell Paradex no order-book sample
Paradex: 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 −0.0003%1h573.51+0.012%$38K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.589%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h574.24+0.139%$1.0M$633K10xas long as short
SunX XMR-USDT+0.0100%8h573.58+0.024%$2K$1.7M20xas long as short
HTX XMR-USDT+0.0100%8h573.00−0.077%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0240%1h574.24+0.139%$12K3xas long as short
KuCoin XMRUSDTM+0.0334%8h574.02+0.101%$45.2M$25.9M50xas long as short
dYdX XMR-USD+0.0358%1h573.50+0.010%$104K$43K5xas long as short
Bitget XMRUSDT+0.0595%8h574.70+0.220%$9.5M$12.5M50xas long as short
Lighter XMR+0.0600%1h574.50+0.185%$3.1M$6.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended XMR-USD+0.0608%1h574.43+0.173%$3.0M$8.3M25xas long as short
Kraken Futures PF_XMRUSD+0.0634%1h572.64−0.140%$5.4M$18.1M50xas long as short
Binance XMRUSDT+0.0644%8h574.47+0.180%$52.4M$150.6M75xas long as short
MEXC XMR_USDT+0.0645%8h574.81+0.239%$20.2M$14.3M100xas long as short
BingX XMR-USDT+0.0663%8h574.59+0.201%$5.5Mas long as short
Gate XMR_USDT+0.0688%8h574.05+0.106%$1.5M$3.3M50xas long as short
Bybit XMRUSDT+0.0695%8h574.46+0.178%$46.7M$62.7M75xas long as short
Aster XMRUSDT+0.0803%8h574.24+0.140%$637K$2.1M75xas long as short
Polymarket Perps XMR-USD+0.0852%1h574.24+0.140%$23K$2.1M5xas long as short
Backpack XMR_USDC_PERPlong+0.0856%1h573.44long leg$174K$533K20x
Paradex XMR-USD-PERPshort+0.0881%8h574.66+0.212%$8K$3K20x
Pacifica XMR+0.1002%1h574.80+0.237%$267K$981K10xas long as short
GRVT XMR_USDT_Perp+0.1023%8h574.51+0.187%$334K$729K10xas long as short
Nado XMR-PERP+0.1030%1h574.35+0.158%$1.3M$446K10xas long as short
SoDEX XMR-USD+0.1034%1h573.85+0.071%$436K$3K5xas long as short
BloFin XMR-USDT+0.1055%8h574.43+0.173%$2.7M$11.0M75xas long as short
Hyperliquid XMR+0.1067%1h574.55+0.194%$87.0M$69.3M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1129% / S −0.1497%1h573.30−0.024%$600K100xas long as short
Variational Omni XMR+0.1159%8h574.12+0.119%$6.2M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1203%8h573.68+0.042%$40K$604K10xas long as short
Aftermath Perps XMRUSD+0.1964%1h574.30+0.151%$1K$42K10xas long as short