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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0143%/8h= −15.7% APRnext payment $1.43 per $10,000 · paid last 24h −0.179%
Price spread now: KuCoin against Orderly+0.068%7-day average −0.055% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.991%−$99 on $10k
Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.068%, 7d avg −0.055%
Together, before fees−1.100%−$110 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.123% dearer against Orderly than usual: you sell high and buy low (spread +0.068% now, against its 7-day average of −0.055%): +$12 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.991% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_XMR_USDC573.650.1013pay 0.1013% / 8h4h 09m$41K$205K10x
ShortKuCoin XMRUSDTM574.040.0870get 0.0870% / 8h4h 09m$46.6M$14.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Orderly. 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
−$30.11
Price spread: +0.068% → −0.055%
$12.33
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$35.78
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell KuCoin live order book, 3 min ago4.18 bp15.7 bp −$1646.3 bp −$463doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XMR on 31 exchanges

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 −0.0004%1h573.02−0.110%$33K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.551%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h574.05+0.070%$1.1M$477K10xas long as short
SunX XMR-USDT+0.0100%8h573.77+0.021%$2K$799K20xas long as short
HTX XMR-USDT+0.0100%8h573.00−0.113%$1.1M$860K20xas long as short
Extended XMR-USD+0.0104%1h573.72+0.013%$3.1M$5.7M25xas long as short
Lighter XMR+0.0168%1h574.05+0.069%$3.0M$4.6M10xas long as short
Aevo XMR-PERP+0.0184%1h573.91+0.045%$12K3xas long as short
Bybit XMRUSDT+0.0361%8h574.04+0.068%$46.9M$39.6M75xas long as short
Aster XMRUSDT+0.0377%8h573.90+0.044%$661K$1.1M75xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps XMR-USD+0.0379%1h574.25+0.105%$22K$1.5M5xas long as short
Hyperliquid XMR+0.0399%1h574.11+0.080%$87.3M$47.7M5xas long as short
Binance XMRUSDT+0.0402%8h574.04+0.068%$53.0M$75.4M75xas long as short
MEXC XMR_USDT+0.0404%8h574.13+0.084%$19.6M$7.0M100xas long as short
Pacifica XMR+0.0527%1h574.29+0.111%$272K$587K10xas long as short
Nado XMR-PERP+0.0532%1h574.38+0.128%$1.2M$183K10xas long as short
GRVT XMR_USDT_Perp+0.0584%8h574.21+0.098%$340K$753K10xas long as short
Gate XMR_USDT+0.0653%8h573.90+0.044%$1.6M$2.2M50xas long as short
SoDEX XMR-USD+0.0654%1h573.76+0.019%$436K$4K5xas long as short
Paradex XMR-USD-PERP+0.0657%8h574.30+0.114%$8K$1K20xas long as short
BloFin XMR-USDT+0.0663%8h574.47+0.143%$2.7M$8.9M75xas long as short
Kraken Futures PF_XMRUSD+0.0711%1h572.81−0.147%$5.5M$5.7M50xas long as short
Backpack XMR_USDC_PERP+0.0712%1h573.50−0.026%$162K$414K20xas long as short
Variational Omni XMR+0.0728%8h574.39+0.129%$6.1M$2.1Mas long as short
BingX XMR-USDT+0.0743%8h573.96+0.054%$4.3Mas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0771% / S −0.0592%1h572.83−0.143%$430K100xas long as short
Bitget XMRUSDT+0.0779%8h574.08+0.075%$9.2M$8.3M50xas long as short
KuCoin XMRUSDTMshort+0.0870%8h574.04+0.068%$46.6M$14.4M50x
Orderly PERP_XMR_USDClong+0.1013%8h573.65long leg$41K$205K10x
Aftermath Perps XMRUSD+0.1878%1h573.17−0.083%$2K$35K10xas long as short
dYdX XMR-USD+0.3254%1h572.70−0.166%$104K$21K5xas long as short