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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0312%/8h= +34.2% APRnext payment +$3.12 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against KuCoin+0.220%95s7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$610.609% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.470%+$47 on $10k
Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.220%, 7d avg +0.100%
Together, before fees+0.456%+$46 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and BloFin is 0.120% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.100%. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XMRUSDTM569.300.0465pay 0.0465% / 8h6h 55m$45.2M$16.9M50x
ShortBloFin XMR-USDT570.550.0777get 0.0777% / 8h6h 55m$2.7M$9.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$65.54
Price spread: +0.220% → +0.100%
$11.99
Slippage, 4 orders
−$36.93
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$16.6
Costs to cover
0.609%
Break-even
5.2 days
Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 8 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, 3 min ago4.55 bp15.2 bp −$1547.4 bp −$474doesn't fitdoesn't fit
Sell BloFin live order book, 8 min ago0.61 bp10.0 bp −$1027.0 bp −$270doesn'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 −0.0005%1h570.03+0.129%$34K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+2.327%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h570.51+0.212%$1.0M$525K10xas long as short
Polymarket Perps XMR-USD+0.0100%1h569.60+0.053%$29K$1.5M5xas long as short
SunX XMR-USDT+0.0100%8h568.41−0.156%$2K$1.1M20xas long as short
HTX XMR-USDT+0.0100%8h569.00−0.053%$1.0M$1.0M20xas long as short
Lighter XMR+0.0176%1h569.13−0.031%$3.0M$4.7M10xas long as short
Aevo XMR-PERP+0.0200%1h569.40+0.018%$11K3xas long as short
Gate XMR_USDT+0.0332%8h569.20−0.018%$1.6M$2.2M50xas long as short
Bybit XMRUSDT+0.0434%8h569.59+0.051%$46.2M$46.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0462%8h569.60+0.052%$52.2M$96.1M75xas long as short
MEXC XMR_USDT+0.0463%8h569.50+0.035%$19.7M$8.9M100xas long as short
KuCoin XMRUSDTMlong+0.0465%8h569.30long leg$45.2M$16.9M50x
Aster XMRUSDT+0.0558%8h569.27−0.005%$658K$1.5M75xas long as short
Hyperliquid XMR+0.0579%1h570.02+0.126%$86.6M$56.1M5xas long as short
BingX XMR-USDT+0.0583%8h569.57+0.047%$5.0Mas long as short
Extended XMR-USD+0.0616%1h569.39+0.017%$3.0M$7.2M25xas long as short
Bitget XMRUSDT+0.0624%8h570.20+0.158%$9.2M$10.0M50xas long as short
Backpack XMR_USDC_PERP+0.0655%1h568.88−0.074%$127K$413K20xas long as short
Pacifica XMR+0.0710%1h569.32+0.003%$269K$698K10xas long as short
GRVT XMR_USDT_Perp+0.0723%8h570.42+0.197%$341K$641K10xas long as short
Paradex XMR-USD-PERP+0.0736%8h569.48+0.031%$8K$1K20xas long as short
BloFin XMR-USDTshort+0.0777%8h570.55+0.220%$2.7M$9.6M75x
Variational Omni XMR+0.0794%8h568.91−0.069%$6.1M$2.3Mas long as short
Kraken Futures PF_XMRUSD+0.0859%1h567.96−0.235%$5.4M$7.2M50xas long as short
SoDEX XMR-USD+0.0904%1h569.300.000%$433K$4K5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0981% / S −0.1195%1h567.97−0.234%$591K100xas long as short
Nado XMR-PERP+0.1000%1h569.45+0.026%$1.2M$226K10xas long as short
Orderly PERP_XMR_USDC+0.1089%8h569.10−0.035%$40K$383K10xas long as short
Aftermath Perps XMRUSD+0.2071%1h569.87+0.100%$1K$38K10xas long as short
dYdX XMR-USD+0.5762%1h568.41−0.156%$103K$23K5xas long as short