Funding arb · Price arb /

XMR

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0486%/8h= +53.2% APRpaid last 24h +0.110%

Price spread now: KuCoin against Aevo−0.096%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aevo Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. KuCoin is 0.096% cheaper against Aevo than usual: you would sell low and buy high (spread −0.096% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 16 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo XMR-PERP	592.69	0.0184	pay 0.0023% / 1h	36m 57s	$12K	—	3x
Short	KuCoin XMRUSDTM	592.12	0.0670	get 0.0670% / 8h	7h 36m	$48.5M	$26.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aevo. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AevobpFee KuCoinbpOrdersPrice spread, now −0.096%Rate

Funding earned: $102.06
Price spread: −0.096% → 0.000%: −$9.62
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: $64.44
Costs to cover: 0.280%
Break-even: 2.6 days

Slippage unknown: Aevo: no order-book sample; KuCoin: live order book, 2 min ago. 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 Aevo no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 2 min ago	4.13 bp	25.2 bp −$25	48.8 bp −$488	doesn't fit	doesn't fit

Aevo: 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 −0.0009%	1h	590.88	−0.305%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.687%	$3K	$4K	12x	as long as short
dYdX XMR-USD	+0.0083%	1h	591.68	−0.171%	$107K	$50K	5x	as long as short
edgeX XMRUSDC	+0.0100%	4h	592.20	−0.083%	$1.1M	$659K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	591.50	−0.201%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	591.95	−0.125%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERPlong	+0.0184%	1h	592.69	long leg	$12K	—	3x
MEXC XMR_USDT	+0.0419%	8h	592.67	−0.003%	$21.6M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0423%	8h	592.65	−0.007%	$54.2M	$167.0M	75x	as long as short
Bitget XMRUSDT	+0.0519%	8h	592.95	+0.044%	$9.8M	$14.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0604%	8h	592.49	−0.034%	$2.8M	$11.7M	75x	as long as short
Aster XMRUSDT	+0.0635%	8h	592.41	−0.047%	$655K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0643%	1h	591.32	−0.231%	$5.6M	$20.5M	50x	as long as short
Pacifica XMR	+0.0659%	1h	592.94	+0.042%	$278K	$1.1M	10x	as long as short
KuCoin XMRUSDTMshort	+0.0670%	8h	592.12	−0.096%	$48.5M	$26.1M	50x
Variational Omni XMR	+0.0778%	8h	592.85	+0.027%	$6.7M	$2.6M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0870% / S −0.2452%	1h	590.79	−0.321%	$549K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.0940%	1h	591.84	−0.143%	$201K	$549K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1023%	8h	592.19	−0.084%	$42K	$738K	10x	as long as short
Gate XMR_USDT	+0.1040%	8h	591.58	−0.187%	$1.6M	$4.6M	50x	as long as short
Paradex XMR-USD-PERP	+0.1147%	8h	592.49	−0.033%	$8K	$4K	20x	as long as short
Lighter XMR	+0.1240%	1h	592.35	−0.057%	$3.3M	$7.1M	10x	as long as short
Polymarket Perps XMR-USD	+0.1334%	1h	592.14	−0.093%	$48K	$1.9M	5x	as long as short
GRVT XMR_USDT_Perp	+0.1340%	8h	593.01	+0.054%	$350K	$804K	10x	as long as short
Nado XMR-PERP	+0.1358%	1h	592.24	−0.076%	$1.3M	$467K	10x	as long as short
BingX XMR-USDT	+0.1447%	8h	592.72	+0.005%	—	$5.8M	—	as long as short
SoDEX XMR-USD	+0.1473%	1h	592.32	−0.062%	$450K	$3K	5x	as long as short
Bybit XMRUSDT	+0.1512%	8h	592.92	+0.039%	$47.7M	$64.6M	75x	as long as short
Hyperliquid XMR	+0.2111%	1h	593.32	+0.106%	$89.8M	$72.4M	5x	as long as short
Extended XMR-USD	+0.2432%	1h	592.60	−0.016%	$3.2M	$7.9M	25x	as long as short
Aftermath Perps XMRUSD	+0.2537%	1h	591.63	−0.178%	$1K	$46K	10x	as long as short