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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
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
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+0.172%+$17 · spread now −0.197%, 7d avg −0.077%
Together, before fees+0.083%+$8 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC XMR_USDT574.840.0483pay 0.0483% / 8h4h 20m$20.2M$15.0M100x
ShortKuCoin XMRUSDTM573.710.0471get 0.0471% / 8h4h 20m$44.8M$26.7M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 3 min ago0.09 bp7.0 bp −$729.9 bp −$29978.5 bp −$7,846223.7 bp −$111.8K
Sell KuCoin live order book, 4 min ago1.90 bp22.5 bp −$2349.6 bp −$496doesn'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
Injective XMR/USDC PERP−0.0136%1h582.55+1.341%$3K$3K12xas long as short
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0008%1h573.65−0.207%$50K150xas long as short
Lighter XMR+0.0096%1h573.88−0.167%$3.3M$7.5M10xas long as short
edgeX XMRUSDC+0.0100%4h576.43+0.276%$1.0M$653K10xas long as short
SunX XMR-USDT+0.0100%8h574.33−0.089%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h575.00+0.028%$1.1M$1.6M20xas long as short
Kraken Futures PF_XMRUSD+0.0150%1h573.19−0.288%$5.4M$19.5M50xas long as short
Aevo XMR-PERP+0.0200%1h575.01+0.030%$12K3xas long as short
Polymarket Perps XMR-USD+0.0284%1h574.40−0.077%$26K$2.2M5xas long as short
Gate XMR_USDT+0.0375%8h573.89−0.165%$1.6M$4.5M50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit XMRUSDT+0.0379%8h574.88+0.007%$46.7M$64.4M75xas long as short
dYdX XMR-USD+0.0395%1h573.73−0.194%$104K$44K5xas long as short
KuCoin XMRUSDTMshort+0.0471%8h573.71−0.197%$44.8M$26.7M50x
Binance XMRUSDT+0.0482%8h574.79−0.009%$52.5M$164.9M75xas long as short
MEXC XMR_USDTlong+0.0483%8h574.84long leg$20.2M$15.0M100x
BingX XMR-USDT+0.0500%8h575.03+0.033%$5.7Mas long as short
Bitget XMRUSDT+0.0518%8h574.76−0.014%$9.4M$14.0M50xas long as short
Backpack XMR_USDC_PERP+0.0541%1h573.93−0.158%$169K$535K20xas long as short
Pacifica XMR+0.0626%1h574.49−0.061%$266K$1.1M10xas long as short
Extended XMR-USD+0.0632%1h574.57−0.047%$3.1M$8.4M25xas long as short
Aster XMRUSDT+0.0670%8h573.87−0.169%$637K$2.4M75xas long as short
Nado XMR-PERP+0.0763%1h574.62−0.038%$1.3M$466K10xas long as short
Paradex XMR-USD-PERP+0.0772%8h574.53−0.054%$8K$4K20xas long as short
BloFin XMR-USDT+0.0779%8h574.93+0.016%$2.7M$11.2M75xas long as short
Hyperliquid XMR+0.0801%1h574.56−0.049%$86.4M$71.0M5xas long as short
GRVT XMR_USDT_Perp+0.0842%8h575.85+0.176%$345K$733K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0989% / S −0.1253%1h573.44−0.244%$590K100xas long as short
Variational Omni XMR+0.1014%8h574.77−0.012%$6.5M$2.2Mas long as short
SoDEX XMR-USD+0.1042%1h574.35−0.085%$437K$3K5xas long as short
Orderly PERP_XMR_USDC+0.1123%8h574.66−0.031%$40K$735K10xas long as short
Aftermath Perps XMRUSD+0.2030%1h575.44+0.105%$2K$44K10xas long as short