XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0254%/8h= −27.9% APRnext payment −$2.54 per $10,000 · paid last 24h +0.074%

Price spread now: Binance against KuCoin+0.071%7-day average +0.073% · you sell dearer than you buy

Net, funding: paid 7d − costs−$54as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$650.652% of the position

Long on KuCoin Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.115%+$12 on $10k

Price spread, last 7 days−0.065%−$6 · spread now +0.071%, 7d avg +0.073%

Together, before fees+0.051%+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.073%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.115%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.54 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XMRUSDTM	598.98	0.0575	pay 0.0575% / 8h	39m 01s	$48.9M	$26.0M	50x
Short	Binance XMRUSDT	599.40	0.0321	get 0.0321% / 8h	39m 01s	$54.9M	$164.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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

Position, each leg$Hold fordaysFee KuCoinbpFee BinancebpOrdersPrice spread, now +0.071%Rate

Funding earned: −$53.42
Price spread: +0.071% → +0.073%: −$0.19
Slippage, 4 orders: −$43.25
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$118.86
Costs to cover: 0.652%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Binance: 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 KuCoin live order book, 5 min ago	3.33 bp	16.9 bp −$17	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 4 min ago	1.67 bp	11.3 bp −$11	25.0 bp −$250	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	598.82	−0.027%	$45K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	599.12	+0.023%	$3.4M	$6.9M	10x	as long as short
Bybit XMRUSDT	+0.0100%	8h	599.89	+0.152%	$49.1M	$63.0M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	600.61	+0.271%	$1.1M	$663K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	599.17	+0.032%	$2K	$2.0M	20x	as long as short
Aevo XMR-PERP	+0.0160%	1h	599.71	+0.122%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0257%	1h	598.88	−0.017%	$204K	$575K	20x	as long as short
Binance XMRUSDTshort	+0.0321%	8h	599.40	+0.071%	$54.9M	$164.2M	75x
MEXC XMR_USDT	+0.0324%	8h	599.60	+0.104%	$22.3M	$14.9M	100x	as long as short
BingX XMR-USDT	+0.0408%	8h	599.41	+0.072%	—	$5.8M	—	as long as short

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	+0.290%	$6.9M	$2.6M	—	as long as short
Bitget XMRUSDT	+0.0431%	8h	599.27	+0.048%	$10.0M	$14.3M	50x	as long as short
BloFin XMR-USDT	+0.0450%	8h	599.92	+0.157%	$2.8M	$11.7M	75x	as long as short
Kraken Futures PF_XMRUSD	+0.0459%	1h	598.44	−0.090%	$5.7M	$20.5M	50x	as long as short
Gate XMR_USDT	+0.0508%	8h	598.76	−0.037%	$1.7M	$4.6M	50x	as long as short
Pacifica XMR	+0.0565%	1h	600.01	+0.172%	$282K	$1.1M	10x	as long as short
KuCoin XMRUSDTMlong	+0.0575%	8h	598.98	long leg	$48.9M	$26.0M	50x
Aster XMRUSDT	+0.0586%	8h	599.32	+0.057%	$684K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0599%	8h	600.70	+0.287%	$352K	$794K	10x	as long as short
SoDEX XMR-USD	+0.0642%	1h	599.66	+0.114%	$456K	$3K	5x	as long as short
Polymarket Perps XMR-USD	+0.0670%	1h	599.88	+0.150%	$23K	$1.7M	5x	as long as short
Paradex XMR-USD-PERP	+0.0855%	8h	600.26	+0.213%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0888% / S −0.2522%	1h	598.75	−0.039%	$570K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0942%	8h	599.34	+0.060%	$44K	$729K	10x	as long as short
Nado XMR-PERP	+0.1103%	1h	599.54	+0.093%	$1.3M	$475K	10x	as long as short
Injective XMR/USDC PERP	+0.1312%	1h	596.76	−0.371%	$3K	$6K	12x	as long as short
Hyperliquid XMR	+0.1655%	1h	599.96	+0.164%	$90.5M	$70.3M	5x	as long as short
Extended XMR-USD	+0.1752%	1h	599.59	+0.102%	$3.2M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1993%	8h	599.00	+0.003%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2310%	1h	600.05	+0.179%	$2K	$47K	10x	as long as short
dYdX XMR-USD	+0.2650%	1h	599.19	+0.035%	$109K	$50K	5x	as long as short