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−0.0469%/8h= −51.4% APRnext payment $4.69 per $10,000 · paid last 24h −0.052%
Price spread now: KuCoin against Aster−0.046%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$560.562% of the position
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)−0.154%−$15 on $10k
Price spread, last 7 days+0.088%+$9 · spread now −0.046%, 7d avg −0.021%
Together, before fees−0.066%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and KuCoin is 0.024% cheaper against Aster than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 6 days it paid -0.154% in total (about -10.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.69 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
LongAster XMRUSDT576.050.0804pay 0.0804% / 8h1h 45m$638K$2.0M75x
ShortKuCoin XMRUSDTM575.790.0335get 0.0335% / 8h1h 45m$45.4M$24.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. 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
−$98.53
Price spread: −0.046% → −0.021%
−$2.45
Slippage, 4 orders
−$36.21
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$157.19
Costs to cover
0.562%
Break-even
never at this rate
Slippage from Aster: live order book, 2 min ago; KuCoin: live order book, 3 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 Aster live order book, 2 min ago2.25 bp9.9 bp −$1028.3 bp −$283doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago4.07 bp16.3 bp −$1645.8 bp −$458doesn't fitdoesn'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 −0.0004%1h575.21−0.147%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.128%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h577.89+0.318%$1.0M$635K10xas long as short
SunX XMR-USDT+0.0100%8h575.44−0.107%$2K$1.7M20xas long as short
HTX XMR-USDT+0.0100%8h576.11+0.010%$1.1M$1.5M20xas long as short
Aevo XMR-PERP+0.0240%1h576.44+0.067%$12K3xas long as short
dYdX XMR-USD+0.0279%1h575.15−0.156%$104K$43K5xas long as short
KuCoin XMRUSDTMshort+0.0335%8h575.79−0.046%$45.4M$24.5M50x
Lighter XMR+0.0360%1h575.94−0.020%$3.1M$6.1M10xas long as short
Extended XMR-USD+0.0472%1h576.01−0.007%$3.0M$8.2M25xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps XMR-USD+0.0482%1h575.92−0.023%$23K$2.1M5xas long as short
Bitget XMRUSDT+0.0591%8h576.30+0.043%$9.5M$12.4M50xas long as short
Kraken Futures PF_XMRUSD+0.0631%1h575.26−0.138%$5.4M$17.3M50xas long as short
BingX XMR-USDT+0.0645%8h576.16+0.018%$5.5Mas long as short
MEXC XMR_USDT+0.0646%8h576.25+0.034%$20.1M$14.4M100xas long as short
Binance XMRUSDT+0.0647%8h576.09+0.005%$52.5M$145.6M75xas long as short
Bybit XMRUSDT+0.0669%8h575.99−0.011%$46.8M$61.5M75xas long as short
Gate XMR_USDT+0.0677%8h575.59−0.080%$1.5M$3.3M50xas long as short
Aster XMRUSDTlong+0.0804%8h576.05long leg$638K$2.0M75x
Hyperliquid XMR+0.0853%1h576.14+0.015%$87.1M$67.5M5xas long as short
Paradex XMR-USD-PERP+0.0858%8h576.10+0.008%$8K$3K20xas long as short
Backpack XMR_USDC_PERP+0.0862%1h575.69−0.063%$175K$531K20xas long as short
SoDEX XMR-USD+0.0915%1h576.23+0.031%$438K$3K5xas long as short
Pacifica XMR+0.1002%1h575.96−0.016%$265K$944K10xas long as short
GRVT XMR_USDT_Perp+0.1018%8h575.73−0.056%$335K$711K10xas long as short
Nado XMR-PERP+0.1040%1h575.98−0.013%$1.3M$445K10xas long as short
BloFin XMR-USDT+0.1063%8h576.43+0.065%$2.7M$11.0M75xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.1132% / S −0.1504%1h575.11−0.164%$603K100xas long as short
Variational Omni XMR+0.1147%8h575.44−0.106%$6.2M$2.4Mas long as short
Orderly PERP_XMR_USDC+0.1192%8h576.03−0.004%$40K$604K10xas long as short
Aftermath Perps XMRUSD+0.1970%1h576.09+0.007%$1K$42K10xas long as short