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−0.0163%/8h= −17.8% APRnext payment $1.63 per $10,000 · paid last 24h +0.016%
Price spread now: Bitget against KuCoin−0.110%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$820.820% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.009%+$1 on $10k
Price spread, last 7 days+0.158%+$16 · spread now −0.110%, 7d avg +0.069%
Together, before fees+0.167%+$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Bitget is 0.179% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.069%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XMRUSDTM581.680.0778pay 0.0778% / 8h5h 39m$47.8M$26.1M50x
ShortBitget XMRUSDT581.040.0615get 0.0615% / 8h5h 39m$9.5M$14.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
−$34.23
Price spread: −0.110% → +0.069%
−$17.94
Slippage, 4 orders
−$58.02
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$134.19
Costs to cover
0.820%
Break-even
never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bitget: live order book, 4 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 KuCoin live order book, 5 min ago3.95 bp22.6 bp −$2349.7 bp −$497doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago4.20 bp18.8 bp −$1933.5 bp −$335doesn'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 −0.0010%1h580.21−0.252%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+2.592%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h582.20+0.089%$1.0M$657K10xas long as short
SunX XMR-USDT+0.0100%8h582.53+0.146%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h582.04+0.062%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h583.56+0.323%$12K3xas long as short
dYdX XMR-USD+0.0366%1h580.82−0.148%$105K$50K5xas long as short
Polymarket Perps XMR-USD+0.0497%1h581.47−0.036%$31K$2.1M5xas long as short
MEXC XMR_USDT+0.0517%8h581.50−0.031%$20.7M$15.2M100xas long as short
Binance XMRUSDT+0.0520%8h581.84+0.028%$53.0M$166.8M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XMR+0.0568%1h581.61−0.012%$3.3M$7.1M10xas long as short
Gate XMR_USDT+0.0613%8h581.25−0.074%$1.6M$4.5M50xas long as short
Backpack XMR_USDC_PERP+0.0614%1h583.60+0.330%$171K$539K20xas long as short
Bitget XMRUSDTshort+0.0615%8h581.04−0.110%$9.5M$14.1M50x
BingX XMR-USDT+0.0639%8h581.35−0.057%$5.7Mas long as short
Bybit XMRUSDT+0.0652%8h581.67−0.002%$47.2M$64.8M75xas long as short
Aster XMRUSDT+0.0713%8h582.04+0.062%$649K$2.4M75xas long as short
KuCoin XMRUSDTMlong+0.0778%8h581.68long leg$47.8M$26.1M50x
BloFin XMR-USDT+0.0789%8h582.65+0.167%$2.8M$11.4M75xas long as short
Kraken Futures PF_XMRUSD+0.0957%1h582.48+0.137%$5.5M$19.7M50xas long as short
Paradex XMR-USD-PERP+0.0994%8h581.71+0.006%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0995% / S −0.1304%1h580.27−0.243%$647K100xas long as short
Pacifica XMR+0.0996%1h581.73+0.009%$264K$1.1M10xas long as short
GRVT XMR_USDT_Perp+0.0998%8h583.48+0.309%$345K$766K10xas long as short
Nado XMR-PERP+0.1037%1h581.87+0.032%$1.3M$464K10xas long as short
Variational Omni XMR+0.1074%8h582.21+0.091%$6.6M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1094%8h583.36+0.289%$42K$736K10xas long as short
Hyperliquid XMR+0.1174%1h581.61−0.013%$87.5M$71.5M5xas long as short
SoDEX XMR-USD+0.1362%1h583.48+0.309%$443K$3K5xas long as short
Extended XMR-USD+0.1400%1h581.56−0.021%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2593%1h581.79+0.019%$2K$46K10xas long as short