Funding you earn now, next payment 08:00 UTC+0.0197%/8h= +21.6% APRpaid last 24h +0.095%
Price spread now: Backpack against KuCoin+0.026%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs+$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 7 days+1.073%+$107 on $10k
+Price spread, last 4 days (all we have)+0.146%+$15 · spread now +0.026%, 7d avg +0.013%
=The price spread sits at its 7-day average of +0.013%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XMRUSDTM | 571.45 | 0.0290 | pay 0.0290% / 8h | 11m 57s | $45.2M | $18.6M | 50x |
| Short | Backpack XMR_USDC_PERP | 571.60 | 0.0487 | get 0.0061% / 1h | 11m 57s | $155K | $427K | 20x |
KuCoin XMRUSDTM
Backpack XMR_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against KuCoin. 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
- $41.37
- Price spread: +0.026% → +0.013%
- $1.3
- Slippage, 4 orders
- −$22.24
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$1.57
- Costs to cover
- 0.442%
- Break-even
- 7.3 days
Slippage from KuCoin: live order book, 7 min ago; Backpack: live order book, 27 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 KuCoin live order book, 7 min ago | 4.19 bp | 17.7 bp −$18 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 27 min ago | 0.43 bp | 6.9 bp −$7 | 25.6 bp −$256 | 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 −0.0005% | 1h | 570.85 | −0.105% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.942% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 572.48 | +0.181% | $1.0M | $550K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 571.45 | 0.000% | $30K | $1.7M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 571.29 | −0.028% | $2K | $1.3M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 571.72 | +0.047% | $1.1M | $1.1M | 20x | as long as short |
| Extended XMR-USD | +0.0104% | 1h | 571.60 | +0.026% | $3.0M | $7.8M | 25x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 571.97 | +0.090% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTMlong | +0.0290% | 8h | 571.45 | long leg | $45.2M | $18.6M | 50x | |
| Lighter XMR | +0.0336% | 1h | 571.68 | +0.040% | $3.1M | $5.9M | 10x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Extended XMR-USD
Aevo XMR-PERP
Lighter XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0435% | 8h | 571.71 | +0.045% | $46.3M | $51.3M | 75x | as long as short |
| Gate XMR_USDT | +0.0465% | 8h | 570.96 | −0.086% | $1.5M | $2.9M | 50x | as long as short |
| Backpack XMR_USDC_PERPshort | +0.0487% | 1h | 571.60 | +0.026% | $155K | $427K | 20x | |
| BingX XMR-USDT | +0.0493% | 8h | 571.85 | +0.070% | — | $5.3M | — | as long as short |
| Binance XMRUSDT | +0.0507% | 8h | 571.61 | +0.028% | $52.1M | $111.1M | 75x | as long as short |
| MEXC XMR_USDT | +0.0510% | 8h | 571.79 | +0.059% | $20.1M | $11.1M | 100x | as long as short |
| Hyperliquid XMR | +0.0514% | 1h | 571.58 | +0.023% | $86.8M | $60.9M | 5x | as long as short |
| Bitget XMRUSDT | +0.0516% | 8h | 571.90 | +0.079% | $9.4M | $10.6M | 50x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0620% | 1h | 570.98 | −0.082% | $5.4M | $9.6M | 50x | as long as short |
| Aster XMRUSDT | +0.0646% | 8h | 571.41 | −0.006% | $639K | $1.7M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0659% | 8h | 571.83 | +0.066% | $8K | $2K | 20x | as long as short |
| Pacifica XMR | +0.0735% | 1h | 571.83 | +0.066% | $267K | $788K | 10x | as long as short |
| SoDEX XMR-USD | +0.0773% | 1h | 571.80 | +0.061% | $435K | $3K | 5x | as long as short |
| dYdX XMR-USD | +0.0800% | 1h | 571.10 | −0.062% | $103K | $29K | 5x | as long as short |
| BloFin XMR-USDT | +0.0825% | 8h | 572.04 | +0.103% | $2.7M | $10.1M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0841% | 8h | 573.09 | +0.287% | $332K | $639K | 10x | as long as short |
| Variational Omni XMR | +0.0855% | 8h | 572.61 | +0.202% | $6.2M | $2.3M | — | as long as short |
| Nado XMR-PERP | +0.0972% | 1h | 571.99 | +0.094% | $1.2M | $330K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1122% / S −0.1459% | 1h | 570.71 | −0.130% | $594K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1150% | 8h | 571.69 | +0.042% | $40K | $448K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2013% | 1h | 571.63 | +0.032% | $1K | $39K | 10x | as long as short |
Bybit XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
Binance XMRUSDT
MEXC XMR_USDT
Hyperliquid XMR
Bitget XMRUSDT
Kraken Futures PF_XMRUSD
Aster XMRUSDT
Paradex XMR-USD-PERP
Pacifica XMR
SoDEX XMR-USD
dYdX XMR-USD
BloFin XMR-USDT
GRVT XMR_USDT_Perp
Variational Omni XMR
Nado XMR-PERP
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD