Funding you earn now, next payment 08:00 UTC−0.0581%/8h= −63.6% APRnext payment −$5.81 per $10,000 · paid last 24h −0.115%
Price spread now: SunX against KuCoin−0.137%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$127as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$990.992% of the position
Funding, last 7 days−0.281%−$28 on $10k
+Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.137%, 7d avg −0.002%
=Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and SunX is 0.134% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.281% in total (about -14.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.81 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 | 592.01 | 0.0681 | pay 0.0681% / 8h | 7h 31m | $48.6M | $26.0M | 50x |
| Short | SunX XMR-USDT | 591.20 | 0.0100 | get 0.0100% / 8h | 7h 31m | $2K | $2.0M | 20x |
KuCoin XMRUSDTM
SunX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$122.01
- Price spread: −0.137% → −0.002%
- −$13.45
- Slippage, 4 orders
- −$79.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$234.69
- Costs to cover
- 0.992%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; SunX: live order book, 4 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 | 3.55 bp | 15.9 bp −$16 | 42.2 bp −$422 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 13.42 bp | 24.3 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
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 −0.0009% | 1h | 590.66 | −0.228% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +0.802% | $3K | $4K | 12x | as long as short |
| dYdX XMR-USD | +0.0065% | 1h | 591.49 | −0.089% | $107K | $50K | 5x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 592.73 | +0.122% | $1.1M | $661K | 10x | as long as short |
| SunX XMR-USDTshort | +0.0100% | 8h | 591.20 | −0.137% | $2K | $2.0M | 20x | |
| HTX XMR-USDT | +0.0100% | 8h | 591.69 | −0.054% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0184% | 1h | 591.81 | −0.035% | $12K | — | 3x | as long as short |
| MEXC XMR_USDT | +0.0426% | 8h | 592.50 | +0.083% | $21.6M | $15.2M | 100x | as long as short |
| Binance XMRUSDT | +0.0426% | 8h | 592.60 | +0.100% | $54.1M | $166.9M | 75x | as long as short |
| Bitget XMRUSDT | +0.0532% | 8h | 592.50 | +0.083% | $9.7M | $14.4M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
dYdX XMR-USD
edgeX XMRUSDC
HTX XMR-USDT
Aevo XMR-PERP
MEXC XMR_USDT
Binance XMRUSDT
Bitget XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XMR-USDT | +0.0608% | 8h | 591.42 | −0.100% | $2.7M | $11.6M | 75x | as long as short |
| Aster XMRUSDT | +0.0635% | 8h | 591.66 | −0.059% | $656K | $2.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0644% | 1h | 590.72 | −0.219% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 591.86 | −0.025% | $278K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTMlong | +0.0681% | 8h | 592.01 | long leg | $48.6M | $26.0M | 50x | |
| Variational Omni XMR | +0.0813% | 8h | 593.30 | +0.218% | $6.8M | $2.6M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0871% / S −0.2452% | 1h | 590.56 | −0.245% | $549K | — | 100x | as long as short |
| Gate XMR_USDT | +0.0893% | 8h | 591.97 | −0.007% | $1.6M | $4.6M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0983% | 1h | 591.50 | −0.086% | $201K | $526K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1033% | 8h | 591.65 | −0.061% | $42K | $738K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1193% | 8h | 591.45 | −0.095% | $8K | $4K | 20x | as long as short |
| Lighter XMR | +0.1232% | 1h | 592.56 | +0.093% | $3.3M | $7.1M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1256% | 8h | 593.00 | +0.167% | $350K | $804K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1284% | 1h | 591.75 | −0.044% | $47K | $1.9M | 5x | as long as short |
| Bybit XMRUSDT | +0.1365% | 8h | 592.56 | +0.093% | $47.8M | $64.5M | 75x | as long as short |
| BingX XMR-USDT | +0.1394% | 8h | 592.71 | +0.118% | — | $5.8M | — | as long as short |
| Nado XMR-PERP | +0.1417% | 1h | 591.82 | −0.033% | $1.3M | $467K | 10x | as long as short |
| SoDEX XMR-USD | +0.1433% | 1h | 591.84 | −0.029% | $450K | $3K | 5x | as long as short |
| Hyperliquid XMR | +0.2120% | 1h | 592.98 | +0.164% | $89.9M | $72.6M | 5x | as long as short |
| Extended XMR-USD | +0.2472% | 1h | 592.54 | +0.089% | $3.2M | $7.9M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2587% | 1h | 591.85 | −0.027% | $1K | $46K | 10x | as long as short |
BloFin XMR-USDT
Aster XMRUSDT
Kraken Futures PF_XMRUSD
Pacifica XMR
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Gate XMR_USDT
Backpack XMR_USDC_PERP
Orderly PERP_XMR_USDC
Paradex XMR-USD-PERP
Lighter XMR
GRVT XMR_USDT_Perp
Polymarket Perps XMR-USD
Bybit XMRUSDT
BingX XMR-USDT
Nado XMR-PERP
SoDEX XMR-USD
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD