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+0.0171%/8h= +18.7% APRnext payment +$1.71 per $10,000 · paid last 24h +0.116%
Price spread now: KuCoin against SunX+0.035%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$960.962% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.282%+$28 on $10k
Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.035%, 7d avg +0.001%
Together, before fees+0.233%+$23 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.034% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX XMR-USDT570.140.0100pay 0.0100% / 8h2h 54m$2K$1.9M20x
ShortKuCoin XMRUSDTM570.340.0271get 0.0271% / 8h2h 54m$44.8M$26.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SunX. 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
$35.91
Price spread: +0.035% → +0.001%
$3.37
Slippage, 4 orders
−$76.17
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$56.9
Costs to cover
0.962%
Break-even
18.1 days
Slippage from SunX: live order book, 11 min ago; KuCoin: live order book, 9 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 SunX live order book, 11 min ago13.39 bp37.0 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago5.00 bp18.9 bp −$1955.0 bp −$550doesn'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 −0.0003%1h569.41−0.129%$37K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+2.177%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h569.75−0.069%$1.0M$643K10xas long as short
SunX XMR-USDTlong+0.0100%8h570.14long leg$2K$1.9M20x
HTX XMR-USDT+0.0100%8h569.00−0.200%$1.0M$1.6M20xas long as short
Aevo XMR-PERP+0.0232%1h571.03+0.155%$12K3xas long as short
KuCoin XMRUSDTMshort+0.0271%8h570.34+0.035%$44.8M$26.5M50x
Bitget XMRUSDT+0.0550%8h571.18+0.182%$9.4M$13.5M50xas long as short
Gate XMR_USDT+0.0574%8h570.44+0.053%$1.5M$4.3M50xas long as short
MEXC XMR_USDT+0.0587%8h571.05+0.160%$19.7M$14.6M100xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0593%8h571.11+0.170%$52.3M$163.5M75xas long as short
BingX XMR-USDT+0.0638%8h571.06+0.161%$5.7Mas long as short
Bybit XMRUSDT+0.0682%8h570.94+0.140%$46.3M$64.8M75xas long as short
Extended XMR-USD+0.0704%1h570.86+0.125%$3.0M$8.4M25xas long as short
Paradex XMR-USD-PERP+0.0713%8h570.64+0.088%$8K$4K20xas long as short
Aster XMRUSDT+0.0737%8h571.19+0.184%$640K$2.3M75xas long as short
Kraken Futures PF_XMRUSD+0.0751%1h569.74−0.070%$5.4M$19.1M50xas long as short
Pacifica XMR+0.0912%1h570.91+0.135%$264K$1.0M10xas long as short
Lighter XMR+0.0920%1h570.70+0.098%$3.1M$7.5M10xas long as short
BloFin XMR-USDT+0.0975%8h570.72+0.102%$2.7M$11.1M75xas long as short
GRVT XMR_USDT_Perp+0.0993%8h570.06−0.015%$337K$720K10xas long as short
Polymarket Perps XMR-USD+0.1004%1h570.70+0.098%$28K$2.2M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1014% / S −0.1314%1h569.16−0.172%$589K100xas long as short
Orderly PERP_XMR_USDC+0.1166%8h570.70+0.098%$40K$723K10xas long as short
Variational Omni XMR+0.1177%8h570.56+0.073%$6.3M$2.3Mas long as short
Hyperliquid XMR+0.1356%1h570.91+0.135%$86.1M$71.4M5xas long as short
Nado XMR-PERP+0.1429%1h570.79+0.115%$1.3M$458K10xas long as short
Backpack XMR_USDC_PERP+0.1645%1h570.47+0.058%$168K$534K20xas long as short
SoDEX XMR-USD+0.1676%1h571.13+0.174%$434K$3K5xas long as short
Aftermath Perps XMRUSD+0.1988%1h569.94−0.036%$1K$43K10xas long as short
dYdX XMR-USD+0.2190%1h569.05−0.191%$103K$44K5xas long as short