Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against MEXC−0.197%7-day average −0.077% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$490.494% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 7 days+0.172%+$17 · spread now −0.197%, 7d avg −0.077%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.119% cheaper against MEXC than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.077%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XMR_USDT | 574.84 | 0.0483 | pay 0.0483% / 8h | 4h 20m | $20.2M | $15.0M | 100x |
| Short | KuCoin XMRUSDTM | 573.71 | 0.0471 | get 0.0471% / 8h | 4h 20m | $44.8M | $26.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- −$2.52
- Price spread: −0.197% → −0.077%
- −$11.91
- Slippage, 4 orders
- −$33.38
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$63.82
- Costs to cover
- 0.494%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: 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 MEXC live order book, 3 min ago | 0.09 bp | 7.0 bp −$7 | 29.9 bp −$299 | 78.5 bp −$7,846 | 223.7 bp −$111.8K |
| Sell KuCoin live order book, 4 min ago | 1.90 bp | 22.5 bp −$23 | 49.6 bp −$496 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +1.341% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0008% | 1h | 573.65 | −0.207% | $50K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 573.88 | −0.167% | $3.3M | $7.5M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.43 | +0.276% | $1.0M | $653K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 574.33 | −0.089% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 575.00 | +0.028% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0150% | 1h | 573.19 | −0.288% | $5.4M | $19.5M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 575.01 | +0.030% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0284% | 1h | 574.40 | −0.077% | $26K | $2.2M | 5x | as long as short |
| Gate XMR_USDT | +0.0375% | 8h | 573.89 | −0.165% | $1.6M | $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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0379% | 8h | 574.88 | +0.007% | $46.7M | $64.4M | 75x | as long as short |
| dYdX XMR-USD | +0.0395% | 1h | 573.73 | −0.194% | $104K | $44K | 5x | as long as short |
| KuCoin XMRUSDTMshort | +0.0471% | 8h | 573.71 | −0.197% | $44.8M | $26.7M | 50x | |
| Binance XMRUSDT | +0.0482% | 8h | 574.79 | −0.009% | $52.5M | $164.9M | 75x | as long as short |
| MEXC XMR_USDTlong | +0.0483% | 8h | 574.84 | long leg | $20.2M | $15.0M | 100x | |
| BingX XMR-USDT | +0.0500% | 8h | 575.03 | +0.033% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0518% | 8h | 574.76 | −0.014% | $9.4M | $14.0M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0541% | 1h | 573.93 | −0.158% | $169K | $535K | 20x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 574.49 | −0.061% | $266K | $1.1M | 10x | as long as short |
| Extended XMR-USD | +0.0632% | 1h | 574.57 | −0.047% | $3.1M | $8.4M | 25x | as long as short |
| Aster XMRUSDT | +0.0670% | 8h | 573.87 | −0.169% | $637K | $2.4M | 75x | as long as short |
| Nado XMR-PERP | +0.0763% | 1h | 574.62 | −0.038% | $1.3M | $466K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0772% | 8h | 574.53 | −0.054% | $8K | $4K | 20x | as long as short |
| BloFin XMR-USDT | +0.0779% | 8h | 574.93 | +0.016% | $2.7M | $11.2M | 75x | as long as short |
| Hyperliquid XMR | +0.0801% | 1h | 574.56 | −0.049% | $86.4M | $71.0M | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0842% | 8h | 575.85 | +0.176% | $345K | $733K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0989% / S −0.1253% | 1h | 573.44 | −0.244% | $590K | — | 100x | as long as short |
| Variational Omni XMR | +0.1014% | 8h | 574.77 | −0.012% | $6.5M | $2.2M | — | as long as short |
| SoDEX XMR-USD | +0.1042% | 1h | 574.35 | −0.085% | $437K | $3K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.1123% | 8h | 574.66 | −0.031% | $40K | $735K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2030% | 1h | 575.44 | +0.105% | $2K | $44K | 10x | as long as short |
MEXC XMR_USDT
KuCoin XMRUSDTM
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Kraken Futures PF_XMRUSD
Polymarket Perps XMR-USD
Gate XMR_USDT
Bybit XMRUSDT
Binance XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Pacifica XMR
Extended XMR-USD
Aster XMRUSDT
Paradex XMR-USD-PERP
BloFin XMR-USDT
Hyperliquid XMR
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
SoDEX XMR-USD
Aftermath Perps XMRUSD