Funding you earn now, next payment 08:00 UTC−0.0368%/8h= −40.3% APRnext payment −$3.68 per $10,000 · paid last 24h −0.037%
Price spread now: KuCoin against BingX−0.178%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days−0.117%−$12 on $10k
+Price spread, last 7 days+0.153%+$15 · spread now −0.178%, 7d avg −0.074%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and KuCoin is 0.104% cheaper against BingX than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.074%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.117% in total (about -6.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.68 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 | BingX XMR-USDT | 572.01 | 0.0672 | pay 0.0672% / 8h | 2h 36m | — | $5.7M | — |
| Short | KuCoin XMRUSDTM | 570.99 | 0.0304 | get 0.0304% / 8h | 2h 36m | $44.8M | $26.2M | 50x |
BingX XMR-USDT
KuCoin XMRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$77.28
- Price spread: −0.178% → −0.074%
- −$10.44
- Slippage, 4 orders
- −$35.12
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$144.84
- Costs to cover
- 0.571%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 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 BingX live order book, 9 min ago | 0.61 bp | 13.3 bp −$13 | 27.2 bp −$272 | 116.3 bp −$11.6K | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 2.63 bp | 17.6 bp −$18 | 44.4 bp −$444 | 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 −0.0003% | 1h | 570.42 | −0.277% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.843% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 570.25 | −0.308% | $1.0M | $643K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 571.19 | −0.143% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 570.82 | −0.208% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0232% | 1h | 571.99 | −0.004% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTMshort | +0.0304% | 8h | 570.99 | −0.178% | $44.8M | $26.2M | 50x | |
| dYdX XMR-USD | +0.0536% | 1h | 570.13 | −0.329% | $103K | $44K | 5x | as long as short |
| Bitget XMRUSDT | +0.0569% | 8h | 571.56 | −0.079% | $9.4M | $13.3M | 50x | as long as short |
| MEXC XMR_USDT | +0.0608% | 8h | 571.90 | −0.019% | $19.7M | $14.6M | 100x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
dYdX XMR-USD
Bitget XMRUSDT
MEXC XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0613% | 8h | 572.06 | +0.008% | $52.4M | $161.3M | 75x | as long as short |
| Gate XMR_USDT | +0.0623% | 8h | 570.65 | −0.238% | $1.5M | $4.3M | 50x | as long as short |
| BingX XMR-USDTlong | +0.0672% | 8h | 572.01 | long leg | — | $5.7M | — | |
| Bybit XMRUSDT | +0.0717% | 8h | 571.74 | −0.047% | $46.3M | $64.3M | 75x | as long as short |
| Polymarket Perps XMR-USD | +0.0746% | 1h | 571.42 | −0.103% | $28K | $2.2M | 5x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0750% | 1h | 570.76 | −0.218% | $5.4M | $19.1M | 50x | as long as short |
| Extended XMR-USD | +0.0752% | 1h | 571.86 | −0.026% | $3.0M | $8.2M | 25x | as long as short |
| Aster XMRUSDT | +0.0759% | 8h | 571.67 | −0.059% | $641K | $2.2M | 75x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 572.00 | −0.002% | $265K | $1.0M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0928% | 8h | 571.98 | −0.004% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0998% | 8h | 570.89 | −0.195% | $330K | $728K | 10x | as long as short |
| BloFin XMR-USDT | +0.1001% | 8h | 572.12 | +0.019% | $2.7M | $11.2M | 75x | as long as short |
| Lighter XMR | +0.1008% | 1h | 571.87 | −0.024% | $3.1M | $7.5M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1037% / S −0.1358% | 1h | 570.21 | −0.314% | $590K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1184% | 8h | 571.66 | −0.061% | $40K | $713K | 10x | as long as short |
| Variational Omni XMR | +0.1192% | 8h | 570.33 | −0.294% | $6.3M | $2.3M | — | as long as short |
| Hyperliquid XMR | +0.1209% | 1h | 571.90 | −0.019% | $86.2M | $70.9M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.1328% | 1h | 571.44 | −0.100% | $168K | $532K | 20x | as long as short |
| SoDEX XMR-USD | +0.1341% | 1h | 571.74 | −0.047% | $435K | $3K | 5x | as long as short |
| Nado XMR-PERP | +0.1398% | 1h | 571.73 | −0.049% | $1.3M | $455K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2099% | 1h | 571.03 | −0.171% | $1K | $43K | 10x | as long as short |
Binance XMRUSDT
Gate XMR_USDT
Bybit XMRUSDT
Polymarket Perps XMR-USD
Kraken Futures PF_XMRUSD
Extended XMR-USD
Aster XMRUSDT
Pacifica XMR
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Lighter XMR
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Variational Omni XMR
Hyperliquid XMR
Backpack XMR_USDC_PERP
SoDEX XMR-USD
Nado XMR-PERP
Aftermath Perps XMRUSD