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Funding arb · Price arb /

XMR

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Alert: funding
Measured
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Alert: spread
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Checked every minute; it has to hold two checks in a row. Delivery to Telegram comes later, so for now alerts appear on the alerts page.

Funding you earn now, next payment 08:00 UTC−0.0258%/8h= −28.3% APRnext payment −$2.58 per $10,000 · paid last 24h +0.018%
Price spread now: MEXC against KuCoin+0.191%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$880.876% of the position
Long on KuCoinShort on MEXC
What this pair did over the last
the charts below follow
Funding, last 7 days+0.088%+$9 on $10k
Price spread, last 7 days−0.182%−$18 · spread now +0.191%, 7d avg +0.076%
Together, before fees−0.094%−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. MEXC is 0.115% dearer against KuCoin than usual: you sell high and buy low (spread +0.191% now, against its 7-day average of +0.076%): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 36 hours. Mind the row above: over the last 7 days funding on this pair paid +0.088%, 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 0.088% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.58 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XMRUSDTM581.990.0774pay 0.0774% / 8h5h 47m$47.8M$26.1M50x
ShortMEXC XMR_USDT583.100.0516get 0.0516% / 8h5h 47m$20.7M$15.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
−$54.18
Price spread: +0.191% → +0.076%
$11.46
Slippage, 4 orders
−$71.57
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 2 bp × 2 orders
−$4
Net
−$130.29
Costs to cover
0.876%
Break-even
never at this rate
Slippage from KuCoin: live order book, 6 min ago; MEXC: live order book, 1 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, 6 min ago2.74 bp23.9 bp −$2457.5 bp −$575doesn't fitdoesn't fit
Sell MEXC live order book, 1 min ago0.34 bp26.1 bp −$2641.5 bp −$41582.9 bp −$8,294216.3 bp −$108.1K

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%1h581.69−0.052%$34K—150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+2.538%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h585.62+0.624%$1.0M$661K10xas long as short
SunX XMR-USDT+0.0100%8h582.32+0.057%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h582.00+0.002%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h582.84+0.146%$12K—3xas long as short
Polymarket Perps XMR-USD+0.0343%1h582.47+0.082%$31K$2.1M5xas long as short
Lighter XMR+0.0512%1h582.57+0.100%$3.3M$7.1M10xas long as short
MEXC XMR_USDTshort+0.0516%8h583.10+0.191%$20.7M$15.2M100x
Binance XMRUSDT+0.0516%8h582.76+0.132%$53.0M$167.1M75xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
dYdX XMR-USD+0.0519%1h581.28−0.123%$105K$50K5xas long as short
Backpack XMR_USDC_PERP+0.0525%1h582.65+0.113%$171K$539K20xas long as short
Bitget XMRUSDT+0.0614%8h583.28+0.222%$9.5M$14.2M50xas long as short
Gate XMR_USDT+0.0663%8h582.65+0.113%$1.6M$4.5M50xas long as short
Bybit XMRUSDT+0.0696%8h583.26+0.218%$47.3M$64.8M75xas long as short
Aster XMRUSDT+0.0705%8h582.40+0.070%$649K$2.4M75xas long as short
BingX XMR-USDT+0.0714%8h583.35+0.234%—$5.7M—as long as short
KuCoin XMRUSDTMlong+0.0774%8h581.99long leg$47.8M$26.1M50x
Kraken Futures PF_XMRUSD+0.0959%1h581.64−0.060%$5.5M$19.9M50xas long as short
Nado XMR-PERP+0.0986%1h582.14+0.026%$1.3M$461K10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0987% / S −0.1283%1h581.64−0.060%$648K—100xas long as short
Pacifica XMR+0.0996%1h582.25+0.045%$263K$1.1M10xas long as short
GRVT XMR_USDT_Perp+0.1019%8h586.75+0.818%$347K$786K10xas long as short
Paradex XMR-USD-PERP+0.1058%8h582.49+0.086%$8K$4K20xas long as short
Hyperliquid XMR+0.1064%1h583.13+0.196%$87.8M$71.8M5xas long as short
Variational Omni XMR+0.1067%8h587.01+0.863%$6.7M$2.4M—as long as short
Orderly PERP_XMR_USDC+0.1082%8h582.64+0.112%$42K$736K10xas long as short
SoDEX XMR-USD+0.1139%1h582.96+0.167%$443K$3K5xas long as short
Extended XMR-USD+0.1480%1h582.94+0.164%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2617%1h583.83+0.317%$1K$46K10xas long as short