After costs, if the gap returns to its 7d average, $10k−$44
spread now−0.097%7d average−0.083%fees + slippage, in and out−$42spread needed0.424%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XMRUSDC | 568.14 | 0.0100 | pay 0.0050% / 4h | 1h 45m | $1.0M | $680K | 10x |
| Short | Backpack XMR_USDC_PERP | 567.59 | 0.0316 | get 0.0039% / 1h | 45m 24s | $163K | $533K | 20x |
Backpack XMR_USDC_PERPPrice 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
- −$9.68
- Funding while held
- $6.48
- Slippage, 4 orders
- −$23.4
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$45.59
- Spread needed to break even
- 0.424%
Slippage from edgeX: live order book, 5 min ago; Backpack: live order book, 55 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0216%
- Per $10,000 a day
- +$6.48
- 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 edgeX live order book, 5 min ago | 10.22 bp | 14.7 bp −$15 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 55 min ago | 0.52 bp | 5.6 bp −$6 | 27.7 bp −$277 | doesn't fit | doesn't fit |
XMR price on every exchange
against the cheapest. Click to use as the short leg.Injective554.47cheapestHTX566.50+2.170%Kraken Futures566.79+2.223%Aftermath Perps567.01+2.261%GMX567.04+2.267%gTrade (Gains Network)567.09+2.276%Bybit567.16+2.289%dYdX567.25+2.304%SunX567.40+2.332%Gate567.46+2.343%Variational Omni567.51+2.352%Nado567.54+2.357%
Injective
HTX
Kraken Futures
GMX
gTrade (Gains Network)
Bybit
dYdX
SunX
Gate
Variational Omni
NadoBackpack567.59+2.366%
BingX567.63+2.373%Polymarket Perps567.90+2.422%Orderly567.92+2.426%SoDEX567.99+2.438%Aster568.01+2.442%Lighter568.03+2.446%MEXC568.10+2.458%Pacifica568.12+2.462%Hyperliquid568.13+2.464%Aevo568.16+2.469%Binance568.28+2.491%BloFin568.29+2.492%KuCoin568.30+2.494%Bitget568.40+2.512%Extended568.52+2.533%Paradex568.54+2.538%
BingX
Polymarket Perps
Orderly
SoDEX
Aster
Lighter
MEXC
Pacifica
Hyperliquid
Aevo
Binance
BloFin
KuCoin
Bitget
Extended
ParadexXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −2.406% | +0.1528% | 1h | $3K | $8K | 12x | as long as short |
| HTX XMR-USDT | −0.289% | +0.0820% | 8h | $1.1M | $1.4M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | −0.237% | +0.0447% | 1h | $5.4M | $20.4M | 50x | as long as short |
| Aftermath Perps XMRUSD | −0.200% | +0.1960% | 1h | $1K | $46K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | −0.193% | L +0.0883% / S −0.1455% | 1h | $251K | — | 100x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.185% | L +0.0010% / S −0.0009% | 1h | $33K | — | 150x | as long as short |
| Bybit XMRUSDT | −0.172% | +0.0100% | 8h | $44.6M | $59.0M | 75x | as long as short |
| dYdX XMR-USD | −0.157% | +0.1199% | 1h | $103K | $40K | 5x | as long as short |
| SunX XMR-USDT | −0.130% | +0.0100% | 8h | $2K | $2.0M | 20x | as long as short |
| Gate XMR_USDT | −0.120% | +0.0168% | 8h | $1.5M | $4.3M | 50x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni XMR | −0.111% | +0.0462% | 8h | $6.7M | $4.4M | — | as long as short |
| Nado XMR-PERP | −0.106% | +0.0649% | 1h | $1.3M | $462K | 10x | as long as short |
| Backpack XMR_USDC_PERPshort | −0.097% | +0.0316% | 1h | $163K | $533K | 20x | |
| BingX XMR-USDT | −0.090% | +0.0523% | 8h | — | $5.9M | — | as long as short |
| Polymarket Perps XMR-USD | −0.042% | +0.0100% | 1h | $19K | $1.6M | 5x | as long as short |
| Orderly PERP_XMR_USDC | −0.039% | +0.0784% | 8h | $48K | $715K | 10x | as long as short |
| SoDEX XMR-USD | −0.026% | +0.0464% | 1h | $432K | $4K | 5x | as long as short |
| Aster XMRUSDT | −0.022% | +0.0637% | 8h | $664K | $2.4M | 75x | as long as short |
| Lighter XMR | −0.019% | +0.0648% | 1h | $3.4M | $6.4M | 10x | as long as short |
| MEXC XMR_USDT | −0.007% | +0.0368% | 8h | $21.6M | $14.6M | 100x | as long as short |
| Pacifica XMR | −0.004% | +0.0302% | 1h | $260K | $1.1M | 10x | as long as short |
| Hyperliquid XMR | −0.002% | +0.0414% | 1h | $79.9M | $59.8M | 5x | as long as short |
| edgeX XMRUSDClong | 0.000% | +0.0100% | 4h | $1.0M | $680K | 10x | |
| Aevo XMR-PERP | +0.004% | +0.0176% | 1h | $11K | — | 3x | as long as short |
| Binance XMRUSDT | +0.025% | +0.0365% | 8h | $52.9M | $158.8M | 75x | as long as short |
| BloFin XMR-USDT | +0.026% | +0.0488% | 8h | $2.7M | $10.7M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.028% | +0.0494% | 8h | $47.0M | $25.4M | 50x | as long as short |
| Bitget XMRUSDT | +0.046% | +0.0546% | 8h | $9.6M | $14.0M | 50x | as long as short |
| Extended XMR-USD | +0.066% | +0.0888% | 1h | $3.1M | $6.4M | 25x | as long as short |
| Paradex XMR-USD-PERP | +0.071% | +0.0552% | 8h | $8K | $3K | 20x | as long as short |