After costs, if the gap returns to its 7d average, $10k−$28
spread now+0.025%7d average−0.042%fees + slippage, in and out−$35spread needed0.347%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XMRUSDT | 569.12 | 0.0412 | pay 0.0412% / 8h | 7h 30m | $53.5M | $154.7M | 75x |
| Short | Hyperliquid XMR | 569.26 | 0.0100 | get 0.0013% / 1h | 30m 52s | $79.8M | $57.0M | 5x |
Binance XMRUSDT
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
- $2.46
- Funding while held
- −$9.37
- Slippage, 4 orders
- −$15.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$41.57
- Spread needed to break even
- 0.347%
Slippage from Binance: live order book, 14 min ago; Hyperliquid: live order book, 4 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0312%
- Per $10,000 a day
- −$9.37
- 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 Binance live order book, 14 min ago | 0.52 bp | 9.1 bp −$9 | 21.1 bp −$211 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 4 min ago | 0.26 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
XMR price on every exchange
against the cheapest. Click to use as the short leg.Kraken Futures568.41cheapestAevo568.46+0.009%HTX568.49+0.015%Aster568.57+0.029%SunX568.69+0.050%GMX568.74+0.059%Variational Omni568.80+0.069%Pacifica568.82+0.073%Gate568.82+0.073%KuCoin568.85+0.078%dYdX568.88+0.084%gTrade (Gains Network)568.96+0.097%Lighter568.99+0.103%Extended569.10+0.121%
Kraken Futures
Aevo
HTX
Aster
SunX
GMX
Variational Omni
Pacifica
Gate
KuCoin
dYdX
gTrade (Gains Network)
Lighter
ExtendedBinance569.12+0.126%
Backpack569.14+0.129%MEXC569.15+0.131%Bybit569.19+0.138%Polymarket Perps569.22+0.143%Aftermath Perps569.24+0.147%
Backpack
MEXC
Bybit
Polymarket PerpsHyperliquid569.26+0.150%
Nado569.32+0.160%Bitget569.32+0.161%SoDEX569.33+0.163%BloFin569.42+0.178%Orderly569.45+0.184%Paradex569.51+0.195%BingX570.04+0.288%edgeX570.58+0.382%Injective578.59+1.792%
Nado
Bitget
SoDEX
BloFin
Orderly
Paradex
BingX
InjectiveXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XMRUSD | −0.126% | +0.0309% | 1h | $5.6M | $18.2M | 50x | as long as short |
| Aevo XMR-PERP | −0.117% | +0.0184% | 1h | $11K | — | 3x | as long as short |
| HTX XMR-USDT | −0.111% | +0.0100% | 8h | $1.1M | $1.4M | 20x | as long as short |
| Aster XMRUSDT | −0.097% | +0.0655% | 8h | $669K | $2.3M | 75x | as long as short |
| SunX XMR-USDT | −0.076% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | −0.066% | L +0.1012% / S −0.1731% | 1h | $247K | — | 100x | as long as short |
| Variational Omni XMR | −0.057% | +0.0566% | 8h | $6.8M | $4.3M | — | as long as short |
| Pacifica XMR | −0.053% | +0.0316% | 1h | $269K | $1.1M | 10x | as long as short |
| Gate XMR_USDT | −0.053% | +0.0100% | 8h | $1.5M | $4.2M | 50x | as long as short |
| KuCoin XMRUSDTM | −0.047% | +0.0504% | 8h | $46.2M | $24.1M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX XMR-USD | −0.042% | +0.5021% | 1h | $103K | $43K | 5x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.028% | L +0.0010% / S −0.0008% | 1h | $32K | — | 150x | as long as short |
| Lighter XMR | −0.023% | +0.0096% | 1h | $3.5M | $5.9M | 10x | as long as short |
| Extended XMR-USD | −0.004% | +0.0352% | 1h | $3.2M | $6.8M | 25x | as long as short |
| Binance XMRUSDTlong | 0.000% | +0.0412% | 8h | $53.5M | $154.7M | 75x | |
| Backpack XMR_USDC_PERP | +0.004% | +0.0270% | 1h | $162K | $527K | 20x | as long as short |
| MEXC XMR_USDT | +0.005% | +0.0417% | 8h | $21.4M | $14.3M | 100x | as long as short |
| Bybit XMRUSDT | +0.012% | +0.0100% | 8h | $45.4M | $56.5M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.018% | +0.0100% | 1h | $18K | $1.5M | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.021% | +0.1747% | 1h | $1K | $47K | 10x | as long as short |
| Hyperliquid XMRshort | +0.025% | +0.0100% | 1h | $79.8M | $57.0M | 5x | |
| Nado XMR-PERP | +0.034% | +0.0413% | 1h | $1.3M | $450K | 10x | as long as short |
| Bitget XMRUSDT | +0.035% | +0.0580% | 8h | $9.8M | $13.8M | 50x | as long as short |
| SoDEX XMR-USD | +0.037% | +0.0166% | 1h | $433K | $4K | 5x | as long as short |
| BloFin XMR-USDT | +0.053% | +0.0536% | 8h | $2.8M | $10.4M | 75x | as long as short |
| Orderly PERP_XMR_USDC | +0.058% | +0.0981% | 8h | $51K | $710K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.069% | +0.0450% | 8h | $8K | $3K | 20x | as long as short |
| BingX XMR-USDT | +0.162% | +0.0558% | 8h | — | $5.7M | — | as long as short |
| edgeX XMRUSDC | +0.256% | +0.0100% | 4h | $1.0M | $682K | 10x | as long as short |
| Injective XMR/USDC PERP | +1.664% | +0.0033% | 1h | $3K | $85K | 12x | as long as short |