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−0.0222%/8h= −24.3% APRnext payment $2.22 per $10,000 · paid last 24h +0.122%
Price spread now: Gate against KuCoin+0.054%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$800.799% 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−0.050%−$5 · spread now +0.054%, 7d avg +0.003%
Together, before fees+0.316%+$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.051% dearer against KuCoin than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of +0.003%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 7 days funding on this pair paid +0.366%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XMRUSDTM592.910.0608pay 0.0608% / 8h2h 26m$49.3M$25.4M50x
ShortGate XMR_USDT593.230.0386get 0.0386% / 8h2h 26m$1.6M$4.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$46.62
Price spread: +0.054% → +0.003%
$5.09
Slippage, 4 orders
−$52.93
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$121.46
Costs to cover
0.799%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: 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 KuCoin live order book, 3 min ago4.04 bp20.5 bp −$2048.2 bp −$482doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago4.71 bp22.1 bp −$2247.2 bp −$472doesn'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%1h592.54−0.063%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h591.89−0.172%$3K$6K12xas long as short
Bybit XMRUSDT+0.0100%8h593.00+0.015%$47.7M$61.0M75xas long as short
edgeX XMRUSDC+0.0100%4h596.08+0.534%$1.1M$674K10xas long as short
SunX XMR-USDT+0.0100%8h592.74−0.029%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h593.34+0.072%$12K3xas long as short
Backpack XMR_USDC_PERP+0.0173%1h593.13+0.037%$202K$575K20xas long as short
Lighter XMR+0.0272%1h592.95+0.007%$3.4M$6.7M10xas long as short
Polymarket Perps XMR-USD+0.0279%1h593.35+0.074%$32K$1.8M5xas long as short
Variational Omni XMR+0.0290%8h595.99+0.519%$6.9M$2.8Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XMR_USDT+0.0358%8h593.24+0.056%$22.5M$15.3M100xas long as short
Binance XMRUSDT+0.0358%8h593.04+0.022%$54.4M$162.1M75xas long as short
BingX XMR-USDT+0.0372%8h593.19+0.047%$5.8Mas long as short
Gate XMR_USDTshort+0.0386%8h593.23+0.054%$1.6M$4.5M50x
Bitget XMRUSDT+0.0391%8h593.71+0.135%$9.9M$14.1M50xas long as short
SoDEX XMR-USD+0.0399%1h593.14+0.039%$451K$3K5xas long as short
BloFin XMR-USDT+0.0513%8h594.19+0.216%$2.8M$11.3M75xas long as short
dYdX XMR-USD+0.0535%1h592.37−0.092%$108K$50K5xas long as short
Aster XMRUSDT+0.0541%8h592.97+0.010%$673K$2.3M75xas long as short
KuCoin XMRUSDTMlong+0.0608%8h592.91long leg$49.3M$25.4M50x
Kraken Futures PF_XMRUSD+0.0614%1h592.16−0.126%$5.6M$20.4M50xas long as short
Pacifica XMR+0.0619%1h593.38+0.079%$268K$1.0M10xas long as short
GRVT XMR_USDT_Perp+0.0622%8h594.60+0.286%$349K$782K10xas long as short
Paradex XMR-USD-PERP+0.0764%8h593.44+0.090%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0862% / S −0.1487%1h592.25−0.111%$367K100xas long as short
Orderly PERP_XMR_USDC+0.0890%8h593.28+0.062%$48K$724K10xas long as short
Nado XMR-PERP+0.0902%1h593.49+0.097%$1.3M$479K10xas long as short
Extended XMR-USD+0.1176%1h593.04+0.021%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1584%1h594.06+0.194%$86.8M$66.1M5xas long as short
HTX XMR-USDT+0.2284%8h590.00−0.491%$1.1M$1.4M20xas long as short
Aftermath Perps XMRUSD+0.2339%1h594.02+0.188%$2K$47K10xas long as short