Funding you earn now, next payment 00:00 UTC+0.0165%/8h= +18.1% APRnext payment +$1.65 per $10,000 · paid last 24h −0.080%
Price spread now: KuCoin against BingX−0.132%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$730.731% of the position
Funding, last 7 days−0.131%−$13 on $10k
+Price spread, last 7 days+0.135%+$14 · spread now −0.132%, 7d avg −0.067%
=Funding pays, the price is against you. KuCoin is 0.065% cheaper against BingX than usual: you would sell low and buy high (spread −0.132% now, against its 7-day average of −0.067%). If the spread goes back, that is −$6 on $10k: about 32 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.131%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XMR-USDT | 600.48 | 0.0408 | pay 0.0408% / 8h | 39m 57s | — | $5.8M | — |
| Short | KuCoin XMRUSDTM | 599.69 | 0.0573 | get 0.0573% / 8h | 39m 57s | $49.0M | $26.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $34.65
- Price spread: −0.132% → −0.067%
- −$6.5
- Slippage, 4 orders
- −$51.06
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$44.91
- Costs to cover
- 0.731%
- Break-even
- 16.1 days
Slippage from BingX: live order book, 10 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 BingX live order book, 10 min ago | 3.57 bp | 16.2 bp −$16 | 27.2 bp −$272 | 111.6 bp −$11.2K | 787.1 bp −$393.5K |
| Sell KuCoin live order book, 4 min ago | 3.33 bp | 24.4 bp −$24 | 47.8 bp −$478 | 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 | 599.35 | −0.188% | $45K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 599.76 | −0.119% | $3.4M | $6.9M | 10x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 600.37 | −0.018% | $49.2M | $63.0M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 600.66 | +0.031% | $1.1M | $667K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 599.31 | −0.195% | $2K | $2.0M | 20x | as long as short |
| Aevo XMR-PERP | +0.0160% | 1h | 599.97 | −0.084% | $12K | — | 3x | as long as short |
| Backpack XMR_USDC_PERP | +0.0262% | 1h | 599.50 | −0.163% | $204K | $575K | 20x | as long as short |
| Binance XMRUSDT | +0.0325% | 8h | 600.16 | −0.053% | $55.0M | $164.2M | 75x | as long as short |
| MEXC XMR_USDT | +0.0325% | 8h | 599.96 | −0.087% | $22.3M | $14.9M | 100x | as long as short |
| BingX XMR-USDTlong | +0.0408% | 8h | 600.48 | long leg | — | $5.8M | — |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XMR | +0.0413% | 8h | 600.72 | +0.040% | $6.9M | $2.6M | — | as long as short |
| Bitget XMRUSDT | +0.0431% | 8h | 600.19 | −0.048% | $10.0M | $14.3M | 50x | as long as short |
| BloFin XMR-USDT | +0.0458% | 8h | 600.63 | +0.025% | $2.8M | $11.7M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0459% | 1h | 599.21 | −0.212% | $5.7M | $20.5M | 50x | as long as short |
| Gate XMR_USDT | +0.0508% | 8h | 599.79 | −0.115% | $1.7M | $4.6M | 50x | as long as short |
| Pacifica XMR | +0.0565% | 1h | 600.42 | −0.010% | $282K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTMshort | +0.0573% | 8h | 599.69 | −0.132% | $49.0M | $26.0M | 50x | |
| Aster XMRUSDT | +0.0587% | 8h | 600.00 | −0.080% | $685K | $2.4M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0604% | 8h | 600.62 | +0.023% | $352K | $794K | 10x | as long as short |
| SoDEX XMR-USD | +0.0632% | 1h | 600.18 | −0.050% | $456K | $3K | 5x | as long as short |
| Polymarket Perps XMR-USD | +0.0668% | 1h | 600.15 | −0.055% | $23K | $1.8M | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0852% | 8h | 600.20 | −0.047% | $8K | $4K | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0888% / S −0.2522% | 1h | 599.24 | −0.207% | $570K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.0942% | 8h | 599.88 | −0.100% | $44K | $729K | 10x | as long as short |
| Nado XMR-PERP | +0.1118% | 1h | 600.16 | −0.053% | $1.3M | $475K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.1312% | 1h | 596.76 | −0.620% | $3K | $6K | 12x | as long as short |
| Hyperliquid XMR | +0.1632% | 1h | 600.79 | +0.052% | $90.6M | $70.4M | 5x | as long as short |
| Extended XMR-USD | +0.1760% | 1h | 600.07 | −0.068% | $3.2M | $6.9M | 25x | as long as short |
| HTX XMR-USDT | +0.1993% | 8h | 599.55 | −0.155% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2309% | 1h | 600.17 | −0.051% | $2K | $47K | 10x | as long as short |
| dYdX XMR-USD | +0.2663% | 1h | 599.72 | −0.126% | $109K | $50K | 5x | as long as short |
BingX XMR-USDT
KuCoin XMRUSDTM
gTrade (Gains Network) XMR/USD
Lighter XMR
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Backpack XMR_USDC_PERP
Binance XMRUSDT
MEXC XMR_USDT
Variational Omni XMR
Bitget XMRUSDT
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
Gate XMR_USDT
Pacifica XMR
Aster XMRUSDT
GRVT XMR_USDT_Perp
SoDEX XMR-USD
Polymarket Perps XMR-USD
Paradex XMR-USD-PERP
GMX XMR/USD [WBTC.b-USDC]
Injective XMR/USDC PERP
Hyperliquid XMR
Extended XMR-USD
HTX XMR-USDT
Aftermath Perps XMRUSD