Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0073%/8h= +7.9% APRnext payment +$0.73 per $10,000 · paid last 24h −0.086%
Price spread now: KuCoin against BloFin−0.037%50s7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$113as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$700.696% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.435%−$43 on $10k
Price spread, last 3 days (all we have)−0.092%−$9 · spread now −0.037%, 7d avg −0.115%
Together, before fees−0.527%−$53 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 0.078% dearer against BloFin than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.115%. Mind the row above: over the last 7 days funding on this pair cost −0.435%, so the current rate has only just turned in your favour. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin XMR-USDT591.420.0608pay 0.0608% / 8h7h 32m$2.7M$11.6M75x
ShortKuCoin XMRUSDTM591.200.0681get 0.0681% / 8h7h 32m$48.5M$26.0M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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

Funding earned
$15.23
Price spread: −0.037% → −0.115%
$7.77
Slippage, 4 orders
−$45.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$46.61
Costs to cover
0.696%
Break-even
28.4 days
Slippage from BloFin: live order book, 6 min ago; KuCoin: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 6 min ago0.76 bp8.5 bp −$912.2 bp −$122doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago3.55 bp26.6 bp −$2754.1 bp −$541doesn't fitdoesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0009%1h590.66−0.128%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+0.903%$3K$4K12xas long as short
dYdX XMR-USD+0.0067%1h590.39−0.175%$107K$50K5xas long as short
edgeX XMRUSDC+0.0100%4h592.73+0.221%$1.1M$661K10xas long as short
SunX XMR-USDT+0.0100%8h591.20−0.037%$2K$2.0M20xas long as short
HTX XMR-USDT+0.0100%8h591.69+0.046%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0184%1h591.81+0.065%$12K3xas long as short
MEXC XMR_USDT+0.0426%8h591.67+0.042%$21.5M$15.2M100xas long as short
Binance XMRUSDT+0.0426%8h591.74+0.054%$54.1M$166.8M75xas long as short
Bitget XMRUSDT+0.0532%8h591.77+0.059%$9.7M$14.4M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin XMR-USDTlong+0.0608%8h591.42long leg$2.7M$11.6M75x
Aster XMRUSDT+0.0636%8h591.55+0.022%$655K$2.5M75xas long as short
Kraken Futures PF_XMRUSD+0.0644%1h590.72−0.119%$5.6M$20.5M50xas long as short
Pacifica XMR+0.0659%1h591.86+0.074%$278K$1.1M10xas long as short
KuCoin XMRUSDTMshort+0.0681%8h591.20−0.037%$48.5M$26.0M50x
Variational Omni XMR+0.0813%8h593.30+0.318%$6.8M$2.6Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0871% / S −0.2452%1h590.56−0.145%$549K100xas long as short
Gate XMR_USDT+0.0893%8h591.60+0.030%$1.6M$4.6M50xas long as short
Backpack XMR_USDC_PERP+0.0979%1h591.20−0.037%$200K$526K20xas long as short
Orderly PERP_XMR_USDC+0.1033%8h591.65+0.039%$42K$738K10xas long as short
Paradex XMR-USD-PERP+0.1193%8h591.45+0.005%$8K$4K20xas long as short
Lighter XMR+0.1224%1h591.69+0.045%$3.3M$7.1M10xas long as short
GRVT XMR_USDT_Perp+0.1256%8h593.00+0.267%$350K$804K10xas long as short
Polymarket Perps XMR-USD+0.1284%1h591.75+0.056%$47K$1.9M5xas long as short
Bybit XMRUSDT+0.1396%8h592.00+0.098%$47.7M$64.6M75xas long as short
Nado XMR-PERP+0.1417%1h591.82+0.067%$1.3M$467K10xas long as short
SoDEX XMR-USD+0.1433%1h591.84+0.071%$450K$3K5xas long as short
BingX XMR-USDT+0.1447%8h592.01+0.100%$5.8Mas long as short
Hyperliquid XMR+0.2120%1h592.14+0.122%$89.8M$72.5M5xas long as short
Extended XMR-USD+0.2472%1h591.83+0.070%$3.2M$7.9M25xas long as short
Aftermath Perps XMRUSD+0.2587%1h591.85+0.072%$1K$46K10xas long as short