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
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=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).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XMR_USDC_PERP | 573.44 | 0.0856 | pay 0.0107% / 1h | 55m 36s | $174K | $533K | 20x |
| Short | Paradex XMR-USD-PERP | 574.66 | 0.0881 | get 0.0881% / 8h | 1h 55m | $8K | $3K | 20x |
Backpack XMR_USDC_PERP
Paradex XMR-USD-PERPFunding 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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Backpack live order book, 53 min ago | 1.66 bp | 6.9 bp −$7 | 33.1 bp −$331 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0003% | 1h | 573.51 | +0.012% | $38K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.589% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 574.24 | +0.139% | $1.0M | $633K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 573.58 | +0.024% | $2K | $1.7M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 573.00 | −0.077% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0240% | 1h | 574.24 | +0.139% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0334% | 8h | 574.02 | +0.101% | $45.2M | $25.9M | 50x | as long as short |
| dYdX XMR-USD | +0.0358% | 1h | 573.50 | +0.010% | $104K | $43K | 5x | as long as short |
| Bitget XMRUSDT | +0.0595% | 8h | 574.70 | +0.220% | $9.5M | $12.5M | 50x | as long as short |
| Lighter XMR | +0.0600% | 1h | 574.50 | +0.185% | $3.1M | $6.1M | 10x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
KuCoin XMRUSDTM
dYdX XMR-USD
Bitget XMRUSDT
Lighter XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended XMR-USD | +0.0608% | 1h | 574.43 | +0.173% | $3.0M | $8.3M | 25x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0634% | 1h | 572.64 | −0.140% | $5.4M | $18.1M | 50x | as long as short |
| Binance XMRUSDT | +0.0644% | 8h | 574.47 | +0.180% | $52.4M | $150.6M | 75x | as long as short |
| MEXC XMR_USDT | +0.0645% | 8h | 574.81 | +0.239% | $20.2M | $14.3M | 100x | as long as short |
| BingX XMR-USDT | +0.0663% | 8h | 574.59 | +0.201% | — | $5.5M | — | as long as short |
| Gate XMR_USDT | +0.0688% | 8h | 574.05 | +0.106% | $1.5M | $3.3M | 50x | as long as short |
| Bybit XMRUSDT | +0.0695% | 8h | 574.46 | +0.178% | $46.7M | $62.7M | 75x | as long as short |
| Aster XMRUSDT | +0.0803% | 8h | 574.24 | +0.140% | $637K | $2.1M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0852% | 1h | 574.24 | +0.140% | $23K | $2.1M | 5x | as long as short |
| Backpack XMR_USDC_PERPlong | +0.0856% | 1h | 573.44 | long leg | $174K | $533K | 20x | |
| Paradex XMR-USD-PERPshort | +0.0881% | 8h | 574.66 | +0.212% | $8K | $3K | 20x | |
| Pacifica XMR | +0.1002% | 1h | 574.80 | +0.237% | $267K | $981K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1023% | 8h | 574.51 | +0.187% | $334K | $729K | 10x | as long as short |
| Nado XMR-PERP | +0.1030% | 1h | 574.35 | +0.158% | $1.3M | $446K | 10x | as long as short |
| SoDEX XMR-USD | +0.1034% | 1h | 573.85 | +0.071% | $436K | $3K | 5x | as long as short |
| BloFin XMR-USDT | +0.1055% | 8h | 574.43 | +0.173% | $2.7M | $11.0M | 75x | as long as short |
| Hyperliquid XMR | +0.1067% | 1h | 574.55 | +0.194% | $87.0M | $69.3M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1129% / S −0.1497% | 1h | 573.30 | −0.024% | $600K | — | 100x | as long as short |
| Variational Omni XMR | +0.1159% | 8h | 574.12 | +0.119% | $6.2M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1203% | 8h | 573.68 | +0.042% | $40K | $604K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.1964% | 1h | 574.30 | +0.151% | $1K | $42K | 10x | as long as short |
Extended XMR-USD
Kraken Futures PF_XMRUSD
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Gate XMR_USDT
Bybit XMRUSDT
Aster XMRUSDT
Polymarket Perps XMR-USD
Pacifica XMR
GRVT XMR_USDT_Perp
Nado XMR-PERP
SoDEX XMR-USD
BloFin XMR-USDT
Hyperliquid XMR
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD