After costs, if the gap returns to its 7d average, $10k−$17
spread now0.000%7d average−0.044%fees + slippage, in and out−$21spread needed0.212%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter XMR | 573.56 | 0.0096 | pay 0.0012% / 1h | 7m 38s | $3.5M | $6.1M | 10x |
| Short | Backpack XMR_USDC_PERP | 573.56 | 0.0235 | get 0.0029% / 1h | 7m 38s | $167K | $530K | 20x |
Lighter XMR
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
- $0.02
- Funding while held
- $4.16
- Slippage, 4 orders
- −$11.21
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$17.03
- Spread needed to break even
- 0.212%
Slippage from Lighter: live order book, 7 min ago; Backpack: live order book, 43 min ago.
Cost of waiting
funding view- Funding /8h
- +0.0139%
- Per $10,000 a day
- +$4.16
- 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 Lighter live order book, 7 min ago | 2.63 bp | 4.8 bp −$5 | 19.7 bp −$197 | 105.6 bp −$10.6K | doesn't fit |
| Sell Backpack live order book, 43 min ago | 0.43 bp | 5.5 bp −$6 | 21.4 bp −$214 | doesn't fit | doesn't fit |
XMR price on every exchange
against the cheapest. Click to use as the short leg.Aevo571.29cheapestHTX572.00+0.125%Aftermath Perps572.25+0.169%BloFin572.37+0.190%Variational Omni572.87+0.278%GMX572.94+0.289%gTrade (Gains Network)572.97+0.295%edgeX572.99+0.298%Kraken Futures573.09+0.316%dYdX573.10+0.318%SunX573.42+0.374%MEXC573.50+0.388%Binance573.55+0.396%
Aevo
HTX
BloFin
Variational Omni
GMX
gTrade (Gains Network)
Kraken Futures
dYdX
SunX
MEXC
BinanceLighter573.56+0.398%
Bybit573.56+0.398%
BybitBackpack573.56+0.398%
Gate573.57+0.400%SoDEX573.67+0.417%KuCoin573.73+0.428%Polymarket Perps573.77+0.435%Nado573.77+0.435%Orderly573.79+0.438%Extended573.80+0.440%BingX573.82+0.444%Pacifica573.91+0.459%Aster573.92+0.461%Paradex573.94+0.465%Hyperliquid573.98+0.472%Bitget574.19+0.508%Injective578.59+1.279%
Gate
SoDEX
KuCoin
Polymarket Perps
Nado
Orderly
Extended
BingX
Pacifica
Aster
Paradex
Hyperliquid
Bitget
InjectiveXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aevo XMR-PERP | −0.396% | +0.0200% | 1h | $12K | — | 3x | as long as short |
| HTX XMR-USDT | −0.272% | +0.3883% | 8h | $1.1M | $1.4M | 20x | as long as short |
| Aftermath Perps XMRUSD | −0.228% | +0.1907% | 1h | $1K | $47K | 10x | as long as short |
| BloFin XMR-USDT | −0.207% | +0.0689% | 8h | $2.8M | $10.3M | 75x | as long as short |
| Variational Omni XMR | −0.119% | +0.0668% | 8h | $6.8M | $4.3M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | −0.108% | L +0.1103% / S −0.1931% | 1h | $248K | — | 100x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.102% | L +0.0010% / S −0.0008% | 1h | $32K | — | 150x | as long as short |
| edgeX XMRUSDC | −0.100% | +0.0100% | 4h | $1.0M | $681K | 10x | as long as short |
| Kraken Futures PF_XMRUSD | −0.082% | +0.0946% | 1h | $5.6M | $18.3M | 50x | as long as short |
| dYdX XMR-USD | −0.080% | +0.0382% | 1h | $104K | $37K | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SunX XMR-USDT | −0.024% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| MEXC XMR_USDT | −0.010% | +0.0497% | 8h | $21.5M | $14.4M | 100x | as long as short |
| Binance XMRUSDT | −0.002% | +0.0497% | 8h | $54.2M | $155.3M | 75x | as long as short |
| Lighter XMRlong | 0.000% | +0.0096% | 1h | $3.5M | $6.1M | 10x | |
| Bybit XMRUSDT | 0.000% | +0.0100% | 8h | $45.9M | $56.7M | 75x | as long as short |
| Backpack XMR_USDC_PERPshort | 0.000% | +0.0235% | 1h | $167K | $530K | 20x | |
| Gate XMR_USDT | +0.002% | +0.0369% | 8h | $1.5M | $4.2M | 50x | as long as short |
| SoDEX XMR-USD | +0.019% | +0.0245% | 1h | $436K | $4K | 5x | as long as short |
| KuCoin XMRUSDTM | +0.030% | +0.0577% | 8h | $46.7M | $24.2M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.037% | +0.0236% | 1h | $16K | $1.7M | 5x | as long as short |
| Nado XMR-PERP | +0.037% | +0.0605% | 1h | $1.3M | $462K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.040% | +0.1177% | 8h | $52K | $710K | 10x | as long as short |
| Extended XMR-USD | +0.042% | +0.0648% | 1h | $3.2M | $6.9M | 25x | as long as short |
| BingX XMR-USDT | +0.046% | +0.0645% | 8h | — | $5.6M | — | as long as short |
| Pacifica XMR | +0.061% | +0.0727% | 1h | $274K | $1.1M | 10x | as long as short |
| Aster XMRUSDT | +0.063% | +0.0725% | 8h | $676K | $2.3M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.066% | +0.0532% | 8h | $8K | $3K | 20x | as long as short |
| Hyperliquid XMR | +0.073% | +0.0447% | 1h | $80.6M | $57.0M | 5x | as long as short |
| Bitget XMRUSDT | +0.110% | +0.0672% | 8h | $10.0M | $14.4M | 50x | as long as short |
| Injective XMR/USDC PERP | +0.877% | +0.0033% | 1h | $3K | $85K | 12x | as long as short |