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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0147%/8h= −16.1% APRnext payment $1.47 per $10,000 · paid last 24h +0.035%
Price spread now: Bitget against KuCoin+0.070%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$73as in the Price arb table
costs, in and out, $10k−$740.735% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.019%+$2 on $10k
Price spread, last 7 days−0.054%−$5 · spread now +0.070%, 7d avg +0.068%
Together, before fees−0.034%−$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XMRUSDTM600.000.0576pay 0.0576% / 8h44m 55s$49.0M$26.0M50x
ShortBitget XMRUSDT600.420.0429get 0.0429% / 8h44m 55s$10.0M$14.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
−$30.87
Price spread: +0.070% → +0.068%
$0.19
Slippage, 4 orders
−$49.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$104.2
Costs to cover
0.735%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 4 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 KuCoin live order book, 4 min ago4.57 bp18.8 bp −$1948.1 bp −$481doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago5.40 bp16.4 bp −$1626.4 bp −$26479.4 bp −$7,942doesn'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 −0.0009%1h599.58−0.070%$45K150xas long as short
Bybit XMRUSDT+0.0100%8h600.84+0.140%$49.1M$62.9M75xas long as short
edgeX XMRUSDC+0.0100%4h601.19+0.198%$1.1M$667K10xas long as short
SunX XMR-USDT+0.0100%8h599.68−0.053%$2K$2.0M20xas long as short
Lighter XMR+0.0152%1h600.18+0.031%$3.4M$6.9M10xas long as short
Aevo XMR-PERP+0.0160%1h600.56+0.093%$12K3xas long as short
MEXC XMR_USDT+0.0328%8h600.62+0.103%$22.4M$14.9M100xas long as short
Binance XMRUSDT+0.0329%8h600.30+0.050%$55.0M$164.1M75xas long as short
Backpack XMR_USDC_PERP+0.0346%1h599.92−0.013%$204K$575K20xas long as short
BingX XMR-USDT+0.0402%8h600.84+0.140%$5.7Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni XMR+0.0406%8h602.08+0.347%$6.9M$2.6Mas long as short
Bitget XMRUSDTshort+0.0429%8h600.42+0.070%$10.0M$14.3M50x
Kraken Futures PF_XMRUSD+0.0459%1h599.32−0.114%$5.7M$20.5M50xas long as short
BloFin XMR-USDT+0.0463%8h600.53+0.088%$2.8M$11.7M75xas long as short
Gate XMR_USDT+0.0525%8h600.25+0.042%$1.7M$4.6M50xas long as short
Pacifica XMR+0.0565%1h600.62+0.103%$282K$1.1M10xas long as short
KuCoin XMRUSDTMlong+0.0576%8h600.00long leg$49.0M$26.0M50x
Aster XMRUSDT+0.0586%8h600.60+0.100%$691K$2.4M75xas long as short
GRVT XMR_USDT_Perp+0.0609%8h601.84+0.307%$351K$786K10xas long as short
Polymarket Perps XMR-USD+0.0718%1h600.66+0.110%$23K$1.8M5xas long as short
SoDEX XMR-USD+0.0749%1h600.61+0.102%$456K$3K5xas long as short
Paradex XMR-USD-PERP+0.0860%8h600.56+0.094%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0887% / S −0.2517%1h599.63−0.062%$570K100xas long as short
Orderly PERP_XMR_USDC+0.0943%8h600.39+0.065%$44K$729K10xas long as short
Nado XMR-PERP+0.1140%1h600.73+0.121%$1.3M$475K10xas long as short
Injective XMR/USDC PERP+0.1312%1h596.76−0.540%$3K$6K12xas long as short
Hyperliquid XMR+0.1650%1h601.30+0.217%$90.6M$70.3M5xas long as short
Extended XMR-USD+0.1784%1h600.59+0.099%$3.2M$6.9M25xas long as short
HTX XMR-USDT+0.1993%8h599.94−0.010%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2340%1h600.74+0.124%$2K$46K10xas long as short
dYdX XMR-USD+0.2751%1h599.71−0.049%$109K$50K5xas long as short