Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0643%/8h= −70.4% APRpaid last 24h +0.010%

Price spread now: Polymarket Perps against KuCoin+0.007%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$430.429% of the position

Long on KuCoin Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.453%+$45 on $10k

Price spread, last 7 days−0.004%$0 · spread now +0.007%, 7d avg +0.060%

Together, before fees+0.449%+$45 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Polymarket Perps is 0.053% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.060%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.453%, 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	568.05	0.0825	pay 0.0825% / 8h	4h 50m	$46.2M	$14.6M	50x
Short	Polymarket Perps XMR-USD	568.09	0.0182	get 0.0023% / 1h	50m 13s	$24K	$1.5M	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now +0.007%Rate

Funding earned: −$135.1
Price spread: +0.007% → +0.060%: −$5.27
Slippage, 4 orders: −$22.88
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$183.24
Costs to cover: 0.429%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; Polymarket Perps: live order book, 1 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, 2 min ago	2.99 bp	13.2 bp −$13	31.5 bp −$315	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 1 min ago	2.20 bp	6.9 bp −$7	7.3 bp −$73	doesn't fit	doesn't fit

XMR on 31 exchanges

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 −0.0004%	1h	567.50	−0.096%	$32K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.553%	$3K	$3K	12x	as long as short
Lighter XMR	+0.0096%	1h	568.02	−0.006%	$3.0M	$4.5M	10x	as long as short
edgeX XMRUSDC	+0.0100%	4h	569.53	+0.261%	$1.1M	$480K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	567.70	−0.062%	$2K	$815K	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	568.33	+0.049%	$1.0M	$892K	20x	as long as short
Extended XMR-USD	+0.0104%	1h	568.29	+0.043%	$3.1M	$5.9M	25x	as long as short
Polymarket Perps XMR-USDshort	+0.0182%	1h	568.09	+0.007%	$24K	$1.5M	5x
Aevo XMR-PERP	+0.0184%	1h	567.52	−0.093%	$11K	—	3x	as long as short
Hyperliquid XMR	+0.0192%	1h	568.10	+0.009%	$86.5M	$49.6M	5x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0416%	8h	567.94	−0.020%	$656K	$1.1M	75x	as long as short
Binance XMRUSDT	+0.0416%	8h	568.25	+0.035%	$52.4M	$76.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0417%	1h	567.94	−0.019%	$160K	$416K	20x	as long as short
MEXC XMR_USDT	+0.0418%	8h	568.35	+0.053%	$19.3M	$6.9M	100x	as long as short
SoDEX XMR-USD	+0.0432%	1h	568.33	+0.049%	$432K	$4K	5x	as long as short
Bybit XMRUSDT	+0.0459%	8h	567.64	−0.072%	$46.5M	$40.3M	75x	as long as short
Pacifica XMR	+0.0527%	1h	567.94	−0.020%	$269K	$602K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0626%	8h	569.67	+0.286%	$336K	$715K	10x	as long as short
Nado XMR-PERP	+0.0633%	1h	568.22	+0.030%	$1.2M	$153K	10x	as long as short
Gate XMR_USDT	+0.0642%	8h	568.06	+0.002%	$1.5M	$2.1M	50x	as long as short
Paradex XMR-USD-PERP	+0.0657%	8h	568.06	+0.002%	$8K	$1K	20x	as long as short
Kraken Futures PF_XMRUSD	+0.0718%	1h	567.38	−0.118%	$5.4M	$6.0M	50x	as long as short
BloFin XMR-USDT	+0.0734%	8h	568.13	+0.014%	$2.7M	$8.9M	75x	as long as short
BingX XMR-USDT	+0.0745%	8h	569.40	+0.238%	—	$4.4M	—	as long as short
Bitget XMRUSDT	+0.0779%	8h	568.39	+0.060%	$9.1M	$8.5M	50x	as long as short
Variational Omni XMR	+0.0793%	8h	567.67	−0.066%	$6.1M	$2.1M	—	as long as short
KuCoin XMRUSDTMlong	+0.0825%	8h	568.05	long leg	$46.2M	$14.6M	50x
GMX XMR/USD [WBTC.b-USDC]	L +0.1009% / S −0.1269%	1h	567.29	−0.133%	$621K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1047%	8h	567.97	−0.014%	$41K	$246K	10x	as long as short
Aftermath Perps XMRUSD	+0.1917%	1h	568.03	−0.004%	$1K	$36K	10x	as long as short
dYdX XMR-USD	+0.3334%	1h	566.99	−0.187%	$103K	$24K	5x	as long as short