XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0228%/8h= +25.0% APRnext payment +$2.28 per $10,000 · paid last 24h +0.018%

Price spread now: MEXC against KuCoin+0.136%7-day average +0.080% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$590.588% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.088%+$9 on $10k

Price spread, last 7 days−0.116%−$12 · spread now +0.136%, 7d avg +0.080%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and MEXC is 0.057% dearer against KuCoin than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.080%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XMRUSDTM	572.09	0.0324	pay 0.0324% / 8h	3h 25m	$45.0M	$26.4M	50x
Short	MEXC XMR_USDT	572.87	0.0552	get 0.0552% / 8h	3h 25m	$19.8M	$14.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee KuCoinbpFee MEXCbpOrdersPrice spread, now +0.136%Rate

Funding earned: $47.88
Price spread: +0.136% → +0.080%: $5.66
Slippage, 4 orders: −$42.8
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 2 bp × 2 orders: −$4
Net: −$5.26
Costs to cover: 0.588%
Break-even: 7.8 days

Slippage from KuCoin: live order book, 4 min ago; MEXC: live order book, 3 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, 4 min ago	3.23 bp	10.6 bp −$11	32.3 bp −$323	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	0.09 bp	20.1 bp −$20	33.7 bp −$337	62.5 bp −$6,249	217.7 bp −$108.9K

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
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0003%	1h	571.94	−0.026%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.828%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	573.10	+0.177%	$1.0M	$643K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	572.25	+0.028%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	572.87	+0.136%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0216%	1h	572.92	+0.145%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0226%	1h	571.86	−0.041%	$5.4M	$19.5M	50x	as long as short
Paradex XMR-USD-PERP	+0.0240%	8h	573.06	+0.169%	$8K	$4K	20x	as long as short
KuCoin XMRUSDTMlong	+0.0324%	8h	572.09	long leg	$45.0M	$26.4M	50x
Gate XMR_USDT	+0.0506%	8h	572.36	+0.047%	$1.5M	$4.5M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0523%	8h	572.64	+0.096%	$9.4M	$13.5M	50x	as long as short
MEXC XMR_USDTshort	+0.0552%	8h	572.87	+0.136%	$19.8M	$14.7M	100x
Binance XMRUSDT	+0.0552%	8h	572.80	+0.125%	$52.3M	$163.5M	75x	as long as short
BingX XMR-USDT	+0.0560%	8h	573.14	+0.184%	—	$5.6M	—	as long as short
Backpack XMR_USDC_PERP	+0.0570%	1h	572.36	+0.047%	$169K	$532K	20x	as long as short
Lighter XMR	+0.0576%	1h	572.84	+0.132%	$3.1M	$7.5M	10x	as long as short
Bybit XMRUSDT	+0.0620%	8h	572.89	+0.140%	$46.7M	$64.4M	75x	as long as short
Extended XMR-USD	+0.0656%	1h	572.73	+0.112%	$3.1M	$8.3M	25x	as long as short
Pacifica XMR	+0.0682%	1h	572.90	+0.142%	$265K	$1.0M	10x	as long as short
Aster XMRUSDT	+0.0701%	8h	572.42	+0.058%	$634K	$2.3M	75x	as long as short
Polymarket Perps XMR-USD	+0.0744%	1h	572.55	+0.080%	$25K	$2.2M	5x	as long as short
BloFin XMR-USDT	+0.0908%	8h	572.55	+0.080%	$2.7M	$11.1M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0952%	8h	573.58	+0.260%	$337K	$726K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0989% / S −0.1217%	1h	571.54	−0.097%	$595K	—	100x	as long as short
Nado XMR-PERP	+0.1072%	1h	572.93	+0.148%	$1.3M	$458K	10x	as long as short
dYdX XMR-USD	+0.1110%	1h	571.66	−0.076%	$104K	$44K	5x	as long as short
Orderly PERP_XMR_USDC	+0.1129%	8h	572.85	+0.133%	$40K	$735K	10x	as long as short
Variational Omni XMR	+0.1129%	8h	572.77	+0.119%	$6.3M	$2.3M	—	as long as short
Hyperliquid XMR	+0.1250%	1h	572.77	+0.119%	$86.3M	$71.4M	5x	as long as short
SoDEX XMR-USD	+0.1389%	1h	573.05	+0.168%	$436K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1941%	1h	572.80	+0.123%	$1K	$43K	10x	as long as short