XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0273%/8h= −29.9% APRnext payment −$2.73 per $10,000 · paid last 24h −0.016%

Price spread now: KuCoin against Bitget−0.050%7-day average −0.071% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$700.700% of the position

Long on Bitget Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.009%−$1 on $10k

Price spread, last 7 days−0.007%−$1 · spread now −0.050%, 7d avg −0.071%

Together, before fees−0.015%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.021% dearer against Bitget than usual: you sell high and buy low (spread −0.050% now, against its 7-day average of −0.071%): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.009% in total) that is about 17 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.009% in total (about -0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.73 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	Bitget XMRUSDT	577.58	0.0570	pay 0.0570% / 8h	1h 01m	$9.6M	$11.2M	50x
Short	KuCoin XMRUSDTM	577.29	0.0297	get 0.0297% / 8h	1h 01m	$45.6M	$20.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.050%Rate

Funding earned: −$57.33
Price spread: −0.050% → −0.071%: $2.08
Slippage, 4 orders: −$45.97
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$125.22
Costs to cover: 0.700%
Break-even: never at this rate

Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 8 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 Bitget live order book, 2 min ago	4.76 bp	16.9 bp −$17	26.0 bp −$260	85.6 bp −$8,558	doesn't fit
Sell KuCoin live order book, 8 min ago	3.81 bp	18.5 bp −$18	43.2 bp −$432	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 −0.0004%	1h	576.72	−0.149%	$33K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+0.860%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	576.88	−0.121%	$1.0M	$562K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	576.88	−0.121%	$2K	$1.4M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	576.51	−0.185%	$1.1M	$1.3M	20x	as long as short
Extended XMR-USD	+0.0104%	1h	577.39	−0.032%	$3.0M	$8.1M	25x	as long as short
Lighter XMR	+0.0192%	1h	577.42	−0.028%	$3.1M	$6.2M	10x	as long as short
Aevo XMR-PERP	+0.0232%	1h	577.40	−0.032%	$12K	—	3x	as long as short
KuCoin XMRUSDTMshort	+0.0297%	8h	577.29	−0.050%	$45.6M	$20.8M	50x
Polymarket Perps XMR-USD	+0.0372%	1h	577.28	−0.052%	$26K	$1.8M	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
dYdX XMR-USD	+0.0438%	1h	576.73	−0.147%	$104K	$42K	5x	as long as short
Bybit XMRUSDT	+0.0557%	8h	577.27	−0.054%	$46.9M	$55.4M	75x	as long as short
Bitget XMRUSDTlong	+0.0570%	8h	577.58	long leg	$9.6M	$11.2M	50x
BingX XMR-USDT	+0.0582%	8h	577.63	+0.009%	—	$5.3M	—	as long as short
Binance XMRUSDT	+0.0595%	8h	577.51	−0.012%	$52.6M	$121.9M	75x	as long as short
MEXC XMR_USDT	+0.0598%	8h	577.60	+0.003%	$20.3M	$14.5M	100x	as long as short
Kraken Futures PF_XMRUSD	+0.0630%	1h	576.79	−0.137%	$5.4M	$12.4M	50x	as long as short
Gate XMR_USDT	+0.0632%	8h	576.77	−0.140%	$1.6M	$3.3M	50x	as long as short
Paradex XMR-USD-PERP	+0.0663%	8h	577.52	−0.010%	$8K	$3K	20x	as long as short
Hyperliquid XMR	+0.0700%	1h	577.68	+0.017%	$87.6M	$63.1M	5x	as long as short
Aster XMRUSDT	+0.0755%	8h	577.20	−0.066%	$645K	$1.8M	75x	as long as short
SoDEX XMR-USD	+0.0769%	1h	577.59	+0.002%	$439K	$3K	5x	as long as short
Nado XMR-PERP	+0.0840%	1h	577.77	+0.033%	$1.3M	$435K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0946%	8h	577.52	−0.011%	$335K	$652K	10x	as long as short
BloFin XMR-USDT	+0.0949%	8h	577.59	+0.002%	$2.7M	$10.6M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0959%	1h	577.17	−0.071%	$175K	$479K	20x	as long as short
Pacifica XMR	+0.1002%	1h	577.51	−0.012%	$270K	$847K	10x	as long as short
Variational Omni XMR	+0.1032%	8h	577.39	−0.032%	$6.2M	$2.3M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1171% / S −0.1566%	1h	576.66	−0.159%	$598K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1174%	8h	577.43	−0.026%	$41K	$525K	10x	as long as short
Aftermath Perps XMRUSD	+0.1811%	1h	577.23	−0.061%	$1K	$41K	10x	as long as short