After costs, if the gap returns to its 7d average, $10k−$45
spread now−0.059%7d average+0.108%fees + slippage, in and out−$28spread needed0.277%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XMR_USDC_PERP | 572.53 | 0.0361 | pay 0.0045% / 1h | 56m 57s | $165K | $529K | 20x |
| Short | Polymarket Perps XMR-USD | 572.19 | 0.0100 | get 0.0013% / 1h | 56m 57s | $23K | $1.7M | 5x |
Price 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
- −$5.94
- Funding while held
- −$7.83
- Slippage, 4 orders
- −$9.75
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$41.52
- Spread needed to break even
- 0.277%
Slippage from Backpack: live order book, 38 min ago; Polymarket Perps: live order book, 3 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0261%
- Per $10,000 a day
- −$7.83
- 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, 38 min ago | 0.09 bp | 5.2 bp −$5 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 3 min ago | 2.62 bp | 6.7 bp −$7 | 7.0 bp −$70 | doesn't fit | doesn't fit |
XMR price on every exchange
against the cheapest. Click to use as the short leg.XMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −3.154% | +0.0033% | 1h | $3K | $8K | 12x | as long as short |
| HTX XMR-USDT | −0.168% | +0.1920% | 8h | $1.1M | $1.4M | 20x | as long as short |
| dYdX XMR-USD | −0.149% | +0.5130% | 1h | $103K | $40K | 5x | as long as short |
| Kraken Futures PF_XMRUSD | −0.106% | −0.0145% | 1h | $5.5M | $20.4M | 50x | as long as short |
| Gate XMR_USDT | −0.105% | +0.0141% | 8h | $1.5M | $4.3M | 50x | as long as short |
| Aftermath Perps XMRUSD | −0.092% | +0.1748% | 1h | $1K | $46K | 10x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.074% | L +0.0010% / S −0.0009% | 1h | $33K | — | 150x | as long as short |
| SunX XMR-USDT | −0.072% | +0.0100% | 8h | $2K | $2.0M | 20x | as long as short |
| Polymarket Perps XMR-USDshort | −0.059% | +0.0100% | 1h | $23K | $1.7M | 5x | |
| GMX XMR/USD [WBTC.b-USDC] | −0.058% | L +0.0795% / S −0.1166% | 1h | $258K | — | 100x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin XMRUSDTM | −0.035% | +0.0497% | 8h | $47.3M | $25.4M | 50x | as long as short |
| Backpack XMR_USDC_PERPlong | 0.000% | +0.0361% | 1h | $165K | $529K | 20x | |
| Extended XMR-USD | 0.000% | +0.0264% | 1h | $3.0M | $6.6M | 25x | as long as short |
| Aster XMRUSDT | +0.012% | +0.0593% | 8h | $666K | $2.4M | 75x | as long as short |
| Aevo XMR-PERP | +0.012% | +0.0160% | 1h | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.014% | +0.0326% | 8h | $22.1M | $14.6M | 100x | as long as short |
| Pacifica XMR | +0.015% | +0.0408% | 1h | $263K | $1.1M | 10x | as long as short |
| Variational Omni XMR | +0.021% | +0.0392% | 8h | $6.8M | $4.2M | — | as long as short |
| Bitget XMRUSDT | +0.023% | +0.0496% | 8h | $9.6M | $14.0M | 50x | as long as short |
| Binance XMRUSDT | +0.030% | +0.0324% | 8h | $53.2M | $158.9M | 75x | as long as short |
| Lighter XMR | +0.040% | +0.0552% | 1h | $3.4M | $6.4M | 10x | as long as short |
| SoDEX XMR-USD | +0.040% | +0.0331% | 1h | $435K | $4K | 5x | as long as short |
| Hyperliquid XMR | +0.042% | +0.0100% | 1h | $80.5M | $60.3M | 5x | as long as short |
| Bybit XMRUSDT | +0.047% | +0.0100% | 8h | $45.0M | $58.8M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.054% | +0.0474% | 8h | $8K | $3K | 20x | as long as short |
| BingX XMR-USDT | +0.084% | +0.0473% | 8h | — | $5.9M | — | as long as short |
| Nado XMR-PERP | +0.086% | +0.0609% | 1h | $1.3M | $462K | 10x | as long as short |
| BloFin XMR-USDT | +0.100% | +0.0444% | 8h | $2.8M | $10.6M | 75x | as long as short |
| Orderly PERP_XMR_USDC | +0.103% | +0.0794% | 8h | $49K | $714K | 10x | as long as short |
| edgeX XMRUSDC | +0.125% | +0.0100% | 4h | $1.0M | $673K | 10x | as long as short |
Backpack XMR_USDC_PERP
Polymarket Perps XMR-USD
Injective
HTX
Kraken Futures
Gate
gTrade (Gains Network)
SunX
GMX
KuCoin
Extended
Aster
MEXC
Pacifica
Variational Omni
Bitget
Binance
Lighter
SoDEX
Hyperliquid
Bybit
Paradex
BingX
BloFin