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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0383%/8h= +42.0% APRpaid last 24h +0.129%
Price spread now: SoDEX against KuCoin+0.179%7-day average +0.080% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$640.640% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.405%+$41 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.179%, 7d avg +0.080%
Together, before fees+0.398%+$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and SoDEX is 0.099% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.080%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XMRUSDTM581.760.0672pay 0.0672% / 8h5h 06m$47.8M$26.0M50x
ShortSoDEX XMR-USD582.800.1055get 0.0132% / 1h6m 47s$443K$3K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
$80.48
Price spread: +0.179% → +0.080%
$9.87
Slippage, 4 orders
−$43.98
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
$26.37
Costs to cover
0.640%
Break-even
4.7 days
Slippage from KuCoin: live order book, 2 min ago; SoDEX: live order book, 57 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, 2 min ago3.94 bp15.6 bp −$1655.2 bp −$552doesn't fitdoesn't fit
Sell SoDEX live order book, 57 min ago0.09 bp13.0 bp −$1348.0 bp −$480doesn'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%1h582.76+0.172%$45K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+0.136%$3K$6K12xas long as short
edgeX XMRUSDC+0.0100%4h585.77+0.689%$1.0M$655K10xas long as short
SunX XMR-USDT+0.0100%8h582.80+0.179%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h582.44+0.117%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h583.52+0.302%$12K3xas long as short
Polymarket Perps XMR-USD+0.0256%1h582.11+0.060%$25K$2.1M5xas long as short
dYdX XMR-USD+0.0260%1h581.81+0.009%$105K$47K5xas long as short
Bybit XMRUSDT+0.0492%8h581.95+0.033%$47.2M$64.1M75xas long as short
Lighter XMR+0.0496%1h581.83+0.012%$3.3M$7.2M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC XMR_USDT+0.0504%8h582.26+0.086%$20.7M$15.3M100xas long as short
Binance XMRUSDT+0.0504%8h581.89+0.022%$53.0M$165.6M75xas long as short
Gate XMR_USDT+0.0532%8h582.17+0.070%$1.6M$4.5M50xas long as short
BingX XMR-USDT+0.0569%8h582.01+0.043%$5.7Mas long as short
Bitget XMRUSDT+0.0594%8h581.61−0.026%$9.5M$14.1M50xas long as short
Backpack XMR_USDC_PERP+0.0672%1h582.23+0.081%$171K$537K20xas long as short
KuCoin XMRUSDTMlong+0.0672%8h581.76long leg$47.8M$26.0M50x
Aster XMRUSDT+0.0713%8h582.00+0.041%$656K$2.4M75xas long as short
BloFin XMR-USDT+0.0773%8h582.87+0.191%$2.7M$11.4M75xas long as short
Paradex XMR-USD-PERP+0.0876%8h582.22+0.079%$8K$4K20xas long as short
GRVT XMR_USDT_Perp+0.0911%8h584.28+0.433%$339K$764K10xas long as short
Kraken Futures PF_XMRUSD+0.0959%1h581.66−0.017%$5.5M$19.6M50xas long as short
Nado XMR-PERP+0.0987%1h582.22+0.079%$1.3M$463K10xas long as short
Pacifica XMR+0.0996%1h582.19+0.073%$268K$1.1M10xas long as short
Hyperliquid XMR+0.1002%1h581.82+0.010%$87.7M$71.1M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1040% / S −0.1407%1h582.83+0.184%$648K100xas long as short
Extended XMR-USD+0.1048%1h582.11+0.060%$3.1M$8.0M25xas long as short
SoDEX XMR-USDshort+0.1055%1h582.80+0.179%$443K$3K5x
Variational Omni XMR+0.1064%8h586.59+0.829%$6.7M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1111%8h583.46+0.292%$41K$720K10xas long as short
Aftermath Perps XMRUSD+0.2440%1h584.34+0.444%$1K$45K10xas long as short