Funding you earn now, next payment 08:00 UTC−0.0052%/8h= −5.7% APRnext payment −$0.52 per $10,000 · paid last 24h +0.037%
Price spread now: BingX against KuCoin+0.184%7-day average +0.070% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days+0.117%+$12 on $10k
+Price spread, last 7 days−0.163%−$16 · spread now +0.184%, 7d avg +0.070%
=The price spread pays, funding is against you. BingX is 0.114% dearer against KuCoin than usual: you sell high and buy low (spread +0.184% now, against its 7-day average of +0.070%): +$11 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 7.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.117%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XMRUSDTM | 575.69 | 0.0594 | pay 0.0594% / 8h | 4h 43m | $45.4M | $26.4M | 50x |
| Short | BingX XMR-USDT | 576.75 | 0.0542 | get 0.0542% / 8h | 4h 43m | — | $5.7M | — |
KuCoin XMRUSDTM
BingX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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
- −$10.92
- Price spread: +0.184% → +0.070%
- $11.44
- Slippage, 4 orders
- −$48.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$69.55
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; BingX: 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 KuCoin live order book, 5 min ago | 4.23 bp | 19.1 bp −$19 | 52.8 bp −$528 | doesn't fit | doesn't fit |
| Sell BingX live order book, 7 min ago | 0.09 bp | 20.6 bp −$21 | 34.6 bp −$346 | 98.1 bp −$9,810 | 706.2 bp −$353.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +1.192% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0010% | 1h | 575.99 | +0.052% | $45K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 576.41 | +0.126% | $3.3M | $7.4M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 578.82 | +0.544% | $1.0M | $656K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 577.06 | +0.238% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 575.65 | −0.007% | $1.1M | $1.6M | 20x | as long as short |
| Polymarket Perps XMR-USD | +0.0121% | 1h | 576.50 | +0.141% | $24K | $2.1M | 5x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0149% | 1h | 575.97 | +0.049% | $5.4M | $19.5M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 577.50 | +0.314% | $12K | — | 3x | as long as short |
| Backpack XMR_USDC_PERP | +0.0401% | 1h | 577.10 | +0.245% | $169K | $534K | 20x | as long as short |
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Polymarket Perps XMR-USD
Kraken Futures PF_XMRUSD
Aevo XMR-PERP
Backpack XMR_USDC_PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0412% | 8h | 576.97 | +0.222% | $46.8M | $63.9M | 75x | as long as short |
| Gate XMR_USDT | +0.0414% | 8h | 576.61 | +0.160% | $1.5M | $4.5M | 50x | as long as short |
| MEXC XMR_USDT | +0.0481% | 8h | 576.76 | +0.186% | $20.3M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0482% | 8h | 576.71 | +0.177% | $52.5M | $164.7M | 75x | as long as short |
| dYdX XMR-USD | +0.0487% | 1h | 576.72 | +0.178% | $104K | $44K | 5x | as long as short |
| BingX XMR-USDTshort | +0.0542% | 8h | 576.75 | +0.184% | — | $5.7M | — | |
| Bitget XMRUSDT | +0.0559% | 8h | 576.49 | +0.139% | $9.4M | $14.0M | 50x | as long as short |
| KuCoin XMRUSDTMlong | +0.0594% | 8h | 575.69 | long leg | $45.4M | $26.4M | 50x | |
| Pacifica XMR | +0.0626% | 1h | 577.09 | +0.243% | $266K | $1.1M | 10x | as long as short |
| Hyperliquid XMR | +0.0666% | 1h | 576.68 | +0.173% | $86.7M | $71.2M | 5x | as long as short |
| Nado XMR-PERP | +0.0675% | 1h | 576.72 | +0.180% | $1.3M | $465K | 10x | as long as short |
| Aster XMRUSDT | +0.0684% | 8h | 576.81 | +0.195% | $645K | $2.4M | 75x | as long as short |
| Extended XMR-USD | +0.0712% | 1h | 576.77 | +0.188% | $3.1M | $8.3M | 25x | as long as short |
| BloFin XMR-USDT | +0.0751% | 8h | 576.42 | +0.127% | $2.7M | $11.2M | 75x | as long as short |
| SoDEX XMR-USD | +0.0774% | 1h | 577.36 | +0.290% | $439K | $3K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0782% | 8h | 577.20 | +0.262% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0839% | 8h | 576.00 | +0.054% | $334K | $741K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0990% / S −0.1252% | 1h | 576.21 | +0.090% | $592K | — | 100x | as long as short |
| Variational Omni XMR | +0.1031% | 8h | 578.24 | +0.443% | $6.6M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1107% | 8h | 577.23 | +0.268% | $41K | $720K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2246% | 1h | 577.69 | +0.347% | $1K | $45K | 10x | as long as short |
Bybit XMRUSDT
Gate XMR_USDT
MEXC XMR_USDT
Binance XMRUSDT
dYdX XMR-USD
Bitget XMRUSDT
Pacifica XMR
Hyperliquid XMR
Nado XMR-PERP
Aster XMRUSDT
Extended XMR-USD
BloFin XMR-USDT
SoDEX XMR-USD
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD