Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0565%/8h= −61.8% APRpaid last 24h −0.143%

Price spread now: gTrade (Gains Network) against KuCoin−0.169%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on gTrade (Gains Network)

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and gTrade (Gains Network) is 0.169% cheaper against KuCoin than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin XMRUSDTM	570.53	0.0569	pay 0.0569% / 8h	6h 08m	$45.9M	$15.5M	50x
Short	gTrade (Gains Network) XMR/USD	569.57	L +0.0010% / S −0.0004%	get 0.0001% / 1h	8m 51s	$33K	—	150x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

gTrade (Gains Network) 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 gTrade (Gains Network)bpOrdersPrice spread, now −0.169%Rate

Funding earned: −$118.57
Price spread: −0.169% → 0.000%: −$16.9
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee gTrade (Gains Network): 6 bp × 2 orders: −$12
Net: −$159.47
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; gTrade (Gains Network): no order-book sample. Net counts fees only.

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, 3 min ago	4.02 bp	17.2 bp −$17	33.4 bp −$334	doesn't fit	doesn't fit
Sell gTrade (Gains Network) no order-book sample	—	—	—	—	—

gTrade (Gains Network): no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

XMR on 31 exchanges

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/USDshort	L +0.0010% / S −0.0004%	1h	569.57	−0.169%	$33K	—	150x
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.107%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	571.65	+0.196%	$1.0M	$464K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	570.32	−0.037%	$2K	$926K	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	570.92	+0.068%	$1.1M	$945K	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	570.99	+0.081%	$12K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0257%	1h	570.56	+0.005%	$30K	$1.5M	5x	as long as short
Binance XMRUSDT	+0.0483%	8h	570.69	+0.028%	$52.4M	$84.8M	75x	as long as short
MEXC XMR_USDT	+0.0484%	8h	570.66	+0.023%	$19.7M	$9.0M	100x	as long as short
Lighter XMR	+0.0504%	1h	570.56	+0.006%	$3.0M	$4.8M	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0531%	8h	570.72	+0.033%	$661K	$1.2M	75x	as long as short
Gate XMR_USDT	+0.0543%	8h	570.39	−0.025%	$1.5M	$2.3M	50x	as long as short
Bybit XMRUSDT	+0.0558%	8h	570.61	+0.014%	$46.3M	$42.6M	75x	as long as short
KuCoin XMRUSDTMlong	+0.0569%	8h	570.53	long leg	$45.9M	$15.5M	50x
Extended XMR-USD	+0.0656%	1h	570.46	−0.013%	$3.0M	$6.4M	25x	as long as short
BingX XMR-USDT	+0.0659%	8h	570.68	+0.026%	—	$4.8M	—	as long as short
Paradex XMR-USD-PERP	+0.0691%	8h	570.93	+0.070%	$8K	$1K	20x	as long as short
Bitget XMRUSDT	+0.0707%	8h	570.80	+0.047%	$9.1M	$9.0M	50x	as long as short
Pacifica XMR	+0.0710%	1h	571.02	+0.086%	$269K	$617K	10x	as long as short
BloFin XMR-USDT	+0.0777%	8h	570.55	+0.004%	$2.7M	$9.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0812%	8h	571.15	+0.109%	$336K	$671K	10x	as long as short
Variational Omni XMR	+0.0831%	8h	571.58	+0.184%	$6.1M	$2.2M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0856%	1h	569.76	−0.134%	$5.4M	$6.6M	50x	as long as short
Hyperliquid XMR	+0.0871%	1h	570.61	+0.014%	$86.7M	$52.0M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0937% / S −0.1108%	1h	569.30	−0.215%	$592K	—	100x	as long as short
Nado XMR-PERP	+0.0980%	1h	571.08	+0.096%	$1.2M	$192K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1044%	1h	570.54	+0.002%	$128K	$409K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1066%	8h	570.67	+0.025%	$41K	$321K	10x	as long as short
SoDEX XMR-USD	+0.1145%	1h	570.81	+0.049%	$434K	$4K	5x	as long as short
Aftermath Perps XMRUSD	+0.2149%	1h	570.91	+0.067%	$1K	$37K	10x	as long as short
dYdX XMR-USD	+0.7277%	1h	569.87	−0.116%	$103K	$25K	5x	as long as short