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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0092%/8h= +10.1% APRnext payment +$0.92 per $10,000 · paid last 24h −0.122%
Price spread now: KuCoin against Gate−0.046%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$860.861% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.366%−$37 on $10k
Price spread, last 7 days+0.026%+$3 · spread now −0.046%, 7d avg −0.004%
Together, before fees−0.340%−$34 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.042% cheaper against Gate than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of −0.004%). If the spread goes back, that is −$4 on $10k: about 36 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.366%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XMR_USDT590.650.0484pay 0.0484% / 8h1m 45s$1.7M$4.6M50x
ShortKuCoin XMRUSDTM590.380.0576get 0.0576% / 8h1m 45s$48.3M$26.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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
$19.32
Price spread: −0.046% → −0.004%
−$4.2
Slippage, 4 orders
−$59.08
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$70.96
Costs to cover
0.861%
Break-even
32.7 days
Slippage from Gate: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 1 min ago6.35 bp20.1 bp −$2039.7 bp −$397doesn't fitdoesn't fit
Sell KuCoin live order book, 7 min ago5.17 bp17.2 bp −$1736.9 bp −$369doesn'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%1h587.75−0.491%$45K150xas long as short
edgeX XMRUSDC+0.0100%4h589.34−0.222%$1.0M$665K10xas long as short
SunX XMR-USDT+0.0100%8h588.21−0.413%$2K$2.0M20xas long as short
Aevo XMR-PERP+0.0168%1h589.46−0.202%$12K3xas long as short
Bybit XMRUSDT+0.0179%8h591.50+0.144%$47.9M$64.4M75xas long as short
MEXC XMR_USDT+0.0347%8h591.00+0.059%$21.6M$15.2M100xas long as short
Binance XMRUSDT+0.0348%8h590.91+0.045%$54.1M$166.2M75xas long as short
Lighter XMR+0.0440%1h590.82+0.029%$3.3M$7.2M10xas long as short
BingX XMR-USDT+0.0448%8h591.88+0.208%$5.8Mas long as short
Kraken Futures PF_XMRUSD+0.0467%1h588.35−0.389%$5.6M$20.6M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XMRUSDT+0.0478%8h591.64+0.168%$9.7M$14.6M50xas long as short
Gate XMR_USDTlong+0.0484%8h590.65long leg$1.7M$4.6M50x
BloFin XMR-USDT+0.0493%8h591.15+0.085%$2.8M$11.6M75xas long as short
Backpack XMR_USDC_PERP+0.0529%1h588.83−0.308%$200K$579K20xas long as short
Pacifica XMR+0.0565%1h591.12+0.080%$275K$1.1M10xas long as short
KuCoin XMRUSDTMshort+0.0576%8h590.38−0.046%$48.3M$26.2M50x
Aster XMRUSDT+0.0593%8h589.79−0.146%$633K$2.5M75xas long as short
Variational Omni XMR+0.0616%8h589.83−0.140%$6.7M$2.6Mas long as short
GRVT XMR_USDT_Perp+0.0622%8h590.44−0.035%$346K$795K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0867% / S −0.2452%1h587.65−0.507%$546K100xas long as short
Polymarket Perps XMR-USD+0.0964%1h589.00−0.279%$50K$1.9M5xas long as short
Orderly PERP_XMR_USDC+0.0969%8h589.32−0.225%$42K$734K10xas long as short
Paradex XMR-USD-PERP+0.0984%8h590.51−0.023%$8K$4K20xas long as short
SoDEX XMR-USD+0.1158%1h589.38−0.215%$448K$3K5xas long as short
Nado XMR-PERP+0.1236%1h589.02−0.276%$1.3M$470K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76+1.034%$3K$6K12xas long as short
dYdX XMR-USD+0.1517%1h588.77−0.318%$107K$50K5xas long as short
HTX XMR-USDT+0.1687%8h588.88−0.300%$1.1M$1.5M20xas long as short
Hyperliquid XMR+0.1796%1h591.23+0.098%$89.2M$72.3M5xas long as short
Extended XMR-USD+0.2128%1h591.50+0.143%$3.2M$7.1M25xas long as short
Aftermath Perps XMRUSD+0.2443%1h589.06−0.269%$2K$46K10xas long as short