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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment $0.12 per $10,000 · paid last 24h +0.066%
Price spread now: Gate against KuCoin+0.117%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$75as in the Price arb table
costs, in and out, $10k−$870.867% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.356%+$36 on $10k
Price spread, last 7 days−0.156%−$16 · spread now +0.117%, 7d avg +0.004%
Together, before fees+0.200%+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.113% dearer against KuCoin than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.004%): +$11 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 32 days. Mind the row above: over the last 7 days funding on this pair paid +0.356%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XMRUSDTM588.000.0800pay 0.0800% / 8h6h 16m$48.2M$26.1M50x
ShortGate XMR_USDT588.690.0788get 0.0788% / 8h6h 16m$1.6M$4.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$2.52
Price spread: +0.117% → +0.004%
$11.35
Slippage, 4 orders
−$59.73
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$77.9
Costs to cover
0.867%
Break-even
never at this rate
Slippage from KuCoin: live order book, 3 min ago; Gate: live order book, 2 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, 3 min ago1.95 bp16.9 bp −$1748.6 bp −$486doesn't fitdoesn't fit
Sell Gate live order book, 2 min ago8.74 bp23.0 bp −$2341.4 bp −$414doesn't fitdoesn't fit

XMR on 30 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 −0.0010%1h587.46−0.092%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.490%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h589.93+0.329%$1.1M$669K10xas long as short
SunX XMR-USDT+0.0100%8h588.53+0.090%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h588.24+0.041%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h587.96−0.007%$12K3xas long as short
dYdX XMR-USD+0.0393%1h588.31+0.053%$107K$50K5xas long as short
MEXC XMR_USDT+0.0522%8h588.50+0.085%$21.0M$15.3M100xas long as short
Binance XMRUSDT+0.0524%8h588.55+0.094%$53.7M$168.2M75xas long as short
Bitget XMRUSDT+0.0617%8h588.49+0.083%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0705%8h589.13+0.193%$656K$2.5M75xas long as short
Gate XMR_USDTshort+0.0788%8h588.69+0.117%$1.6M$4.6M50x
BingX XMR-USDT+0.0794%8h588.97+0.165%$5.8Mas long as short
KuCoin XMRUSDTMlong+0.0800%8h588.00long leg$48.2M$26.1M50x
Pacifica XMR+0.0821%1h589.54+0.262%$271K$1.1M10xas long as short
Bybit XMRUSDT+0.0839%8h588.24+0.041%$47.5M$65.0M75xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0948% / S −0.1186%1h587.71−0.049%$656K100xas long as short
Polymarket Perps XMR-USD+0.0999%1h588.92+0.156%$33K$2.1M5xas long as short
Backpack XMR_USDC_PERP+0.1019%1h589.13+0.192%$184K$534K20xas long as short
Variational Omni XMR+0.1027%8h590.80+0.475%$6.7M$2.9Mas long as short
Orderly PERP_XMR_USDC+0.1061%8h588.53+0.090%$42K$736K10xas long as short
Lighter XMR+0.1072%1h588.66+0.112%$3.3M$7.2M10xas long as short
GRVT XMR_USDT_Perp+0.1092%8h589.70+0.289%$345K$786K10xas long as short
Paradex XMR-USD-PERP+0.1278%8h589.06+0.180%$8K$4K20xas long as short
Kraken Futures PF_XMRUSD+0.1301%1h587.44−0.096%$5.6M$20.5M50xas long as short
Nado XMR-PERP+0.1493%1h589.32+0.224%$1.3M$467K10xas long as short
SoDEX XMR-USD+0.1705%1h588.66+0.112%$447K$3K5xas long as short
Hyperliquid XMR+0.1731%1h589.28+0.218%$89.1M$73.8M5xas long as short
Extended XMR-USD+0.2040%1h588.51+0.087%$3.2M$8.3M25xas long as short
Aftermath Perps XMRUSD+0.2777%1h589.13+0.192%$1K$46K10xas long as short