XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0367%/8h= +40.2% APRnext payment +$3.67 per $10,000 · paid last 24h −0.080%

Price spread now: Bybit against KuCoin+0.101%7-day average +0.060% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$52as in the Price arb table

costs, in and out, $10k−$560.559% of the position

Long on KuCoin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.152%−$15 on $10k

Price spread, last 7 days−0.077%−$8 · spread now +0.101%, 7d avg +0.060%

Together, before fees−0.230%−$23 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Bybit is 0.041% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.060%. Mind the row above: over the last 7 days funding on this pair cost −0.152%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -8.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.67 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	575.65	0.0334	pay 0.0334% / 8h	2h 04m	$45.3M	$26.3M	50x
Short	Bybit XMRUSDT	576.23	0.0701	get 0.0701% / 8h	2h 04m	$46.9M	$64.1M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now +0.101%Rate

Funding earned: $77.04
Price spread: +0.101% → +0.060%: $4.06
Slippage, 4 orders: −$32.89
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: $25.22
Costs to cover: 0.559%
Break-even: 4.7 days

Slippage from KuCoin: live order book, 5 min ago; Bybit: 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	3.21 bp	18.0 bp −$18	39.9 bp −$399	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	0.52 bp	11.1 bp −$11	21.3 bp −$213	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 −0.0003%	1h	575.22	−0.075%	$38K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.199%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	576.76	+0.193%	$1.0M	$641K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	575.87	+0.038%	$2K	$1.8M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.54	−0.019%	$1.1M	$1.5M	20x	as long as short
Aevo XMR-PERP	+0.0240%	1h	576.47	+0.142%	$12K	—	3x	as long as short
KuCoin XMRUSDTMlong	+0.0334%	8h	575.65	long leg	$45.3M	$26.3M	50x
dYdX XMR-USD	+0.0438%	1h	574.96	−0.120%	$104K	$43K	5x	as long as short
Bitget XMRUSDT	+0.0593%	8h	575.60	−0.009%	$9.5M	$13.0M	50x	as long as short
MEXC XMR_USDT	+0.0641%	8h	576.11	+0.080%	$20.2M	$14.7M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0643%	8h	576.03	+0.066%	$52.6M	$159.2M	75x	as long as short
BingX XMR-USDT	+0.0663%	8h	576.31	+0.115%	—	$5.6M	—	as long as short
Gate XMR_USDT	+0.0677%	8h	576.00	+0.061%	$1.6M	$4.3M	50x	as long as short
Polymarket Perps XMR-USD	+0.0682%	1h	576.00	+0.061%	$23K	$2.1M	5x	as long as short
Bybit XMRUSDTshort	+0.0701%	8h	576.23	+0.101%	$46.9M	$64.1M	75x
Extended XMR-USD	+0.0704%	1h	575.85	+0.034%	$3.0M	$8.2M	25x	as long as short
Kraken Futures PF_XMRUSD	+0.0744%	1h	575.26	−0.068%	$5.4M	$18.7M	50x	as long as short
Lighter XMR	+0.0776%	1h	576.10	+0.079%	$3.1M	$7.7M	10x	as long as short
Aster XMRUSDT	+0.0802%	8h	575.79	+0.024%	$640K	$2.2M	75x	as long as short
Paradex XMR-USD-PERP	+0.0892%	8h	576.24	+0.103%	$8K	$4K	20x	as long as short
Pacifica XMR	+0.0912%	1h	576.09	+0.077%	$267K	$1.0M	10x	as long as short
GRVT XMR_USDT_Perp	+0.1026%	8h	576.36	+0.123%	$347K	$718K	10x	as long as short
Hyperliquid XMR	+0.1036%	1h	576.10	+0.078%	$87.1M	$69.1M	5x	as long as short
BloFin XMR-USDT	+0.1061%	8h	576.40	+0.130%	$2.7M	$11.2M	75x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1128% / S −0.1541%	1h	575.05	−0.104%	$595K	—	100x	as long as short
Variational Omni XMR	+0.1170%	8h	576.89	+0.216%	$6.2M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1201%	8h	576.22	+0.099%	$40K	$649K	10x	as long as short
Nado XMR-PERP	+0.1211%	1h	576.01	+0.063%	$1.3M	$449K	10x	as long as short
SoDEX XMR-USD	+0.1305%	1h	576.30	+0.113%	$438K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1396%	1h	575.87	+0.038%	$175K	$535K	20x	as long as short
Aftermath Perps XMRUSD	+0.1996%	1h	576.16	+0.089%	$1K	$42K	10x	as long as short