XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0254%/8h= +27.8% APRnext payment +$2.54 per $10,000 · paid last 24h −0.018%

Price spread now: KuCoin against Binance−0.074%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$77as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$680.676% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.092%−$9 on $10k

Price spread, last 7 days+0.061%+$6 · spread now −0.074%, 7d avg −0.073%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.092%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.092% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance XMRUSDT	583.45	0.0520	pay 0.0520% / 8h	5h 32m	$53.1M	$166.9M	75x
Short	KuCoin XMRUSDTM	583.02	0.0774	get 0.0774% / 8h	5h 32m	$47.9M	$26.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.074%Rate

Funding earned: $53.36
Price spread: −0.074% → −0.073%: −$0.11
Slippage, 4 orders: −$45.64
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$14.39
Costs to cover: 0.676%
Break-even: 8.9 days

Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 7 min ago.

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, 11 min ago	0.26 bp	12.0 bp −$12	23.1 bp −$231	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	4.22 bp	24.6 bp −$25	47.6 bp −$476	doesn't fit	doesn't fit

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 −0.0010%	1h	582.33	−0.193%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	−0.155%	$3K	$6K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	583.16	−0.051%	$1.0M	$658K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	582.81	−0.110%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	582.76	−0.119%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	583.29	−0.027%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0335%	1h	582.27	−0.202%	$105K	$50K	5x	as long as short
Polymarket Perps XMR-USD	+0.0465%	1h	583.27	−0.032%	$31K	$2.1M	5x	as long as short
MEXC XMR_USDT	+0.0518%	8h	583.38	−0.013%	$20.6M	$15.2M	100x	as long as short
Binance XMRUSDTlong	+0.0520%	8h	583.45	long leg	$53.1M	$166.9M	75x

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0568%	1h	583.27	−0.032%	$3.3M	$7.1M	10x	as long as short
Gate XMR_USDT	+0.0580%	8h	583.08	−0.064%	$1.6M	$4.5M	50x	as long as short
BingX XMR-USDT	+0.0600%	8h	583.39	−0.011%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0610%	8h	583.41	−0.008%	$9.6M	$14.2M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0618%	1h	582.95	−0.086%	$171K	$538K	20x	as long as short
Bybit XMRUSDT	+0.0635%	8h	583.95	+0.085%	$47.4M	$64.4M	75x	as long as short
Aster XMRUSDT	+0.0713%	8h	583.34	−0.020%	$649K	$2.4M	75x	as long as short
KuCoin XMRUSDTMshort	+0.0774%	8h	583.02	−0.074%	$47.9M	$26.1M	50x
BloFin XMR-USDT	+0.0793%	8h	583.85	+0.068%	$2.7M	$11.4M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0959%	1h	581.77	−0.288%	$5.5M	$19.6M	50x	as long as short
Paradex XMR-USD-PERP	+0.0984%	8h	583.54	+0.015%	$8K	$4K	20x	as long as short
Nado XMR-PERP	+0.0986%	1h	583.77	+0.054%	$1.3M	$463K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0996%	8h	583.65	+0.033%	$345K	$766K	10x	as long as short
Pacifica XMR	+0.0996%	1h	583.58	+0.022%	$265K	$1.1M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1021% / S −0.1362%	1h	582.21	−0.212%	$649K	—	100x	as long as short
Variational Omni XMR	+0.1083%	8h	582.84	−0.105%	$6.6M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1103%	8h	583.43	−0.004%	$42K	$736K	10x	as long as short
Hyperliquid XMR	+0.1144%	1h	583.57	+0.020%	$87.7M	$71.6M	5x	as long as short
Extended XMR-USD	+0.1264%	1h	583.38	−0.013%	$3.1M	$8.0M	25x	as long as short
SoDEX XMR-USD	+0.1329%	1h	583.54	+0.015%	$443K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.2570%	1h	582.98	−0.082%	$2K	$46K	10x	as long as short