Funding you earn now, next payment 08:00 UTC−0.0691%/8h= −75.6% APRnext payment −$6.91 per $10,000 · paid last 24h −0.085%
Price spread now: KuCoin against BloFin−0.129%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$570.573% of the position
Funding, last 7 days−0.434%−$43 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now −0.129%, 7d avg −0.102%
=Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and KuCoin is 0.026% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.102%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.434% in total (about -22.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.91 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 | BloFin XMR-USDT | 574.79 | 0.1015 | pay 0.1015% / 8h | 2h 24m | $2.7M | $11.2M | 75x |
| Short | KuCoin XMRUSDTM | 574.05 | 0.0324 | get 0.0324% / 8h | 2h 24m | $45.0M | $26.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$145.04
- Price spread: −0.129% → −0.102%
- −$2.64
- Slippage, 4 orders
- −$33.28
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$204.95
- Costs to cover
- 0.573%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; KuCoin: live order book, 4 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 BloFin live order book, 4 min ago | 0.09 bp | 10.4 bp −$10 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 3.40 bp | 19.1 bp −$19 | 52.8 bp −$528 | 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 −0.0003% | 1h | 573.55 | −0.216% | $37K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.350% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 573.27 | −0.265% | $1.0M | $640K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 573.82 | −0.169% | $2K | $1.8M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 573.95 | −0.146% | $1.1M | $1.5M | 20x | as long as short |
| Aevo XMR-PERP | +0.0232% | 1h | 574.58 | −0.036% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTMshort | +0.0324% | 8h | 574.05 | −0.129% | $45.0M | $26.2M | 50x | |
| dYdX XMR-USD | +0.0400% | 1h | 573.16 | −0.284% | $104K | $44K | 5x | as long as short |
| Bitget XMRUSDT | +0.0574% | 8h | 574.25 | −0.094% | $9.5M | $13.3M | 50x | as long as short |
| MEXC XMR_USDT | +0.0617% | 8h | 574.34 | −0.078% | $19.8M | $14.6M | 100x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0617% | 8h | 574.30 | −0.085% | $52.6M | $160.8M | 75x | as long as short |
| Gate XMR_USDT | +0.0646% | 8h | 573.55 | −0.216% | $1.5M | $4.3M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.0650% | 1h | 574.01 | −0.136% | $27K | $2.2M | 5x | as long as short |
| BingX XMR-USDT | +0.0676% | 8h | 574.33 | −0.080% | — | $5.6M | — | as long as short |
| Extended XMR-USD | +0.0680% | 1h | 574.26 | −0.092% | $3.0M | $8.1M | 25x | as long as short |
| Bybit XMRUSDT | +0.0709% | 8h | 574.27 | −0.090% | $46.5M | $64.1M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0746% | 1h | 573.48 | −0.227% | $5.4M | $19.1M | 50x | as long as short |
| Aster XMRUSDT | +0.0770% | 8h | 573.59 | −0.210% | $642K | $2.2M | 75x | as long as short |
| Lighter XMR | +0.0864% | 1h | 574.29 | −0.087% | $3.1M | $7.6M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0887% | 8h | 574.49 | −0.053% | $8K | $4K | 20x | as long as short |
| Pacifica XMR | +0.0912% | 1h | 574.25 | −0.094% | $265K | $1.0M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1009% | 8h | 573.87 | −0.160% | $345K | $727K | 10x | as long as short |
| BloFin XMR-USDTlong | +0.1015% | 8h | 574.79 | long leg | $2.7M | $11.2M | 75x | |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1079% / S −0.1440% | 1h | 573.25 | −0.269% | $594K | — | 100x | as long as short |
| Hyperliquid XMR | +0.1080% | 1h | 574.08 | −0.124% | $86.6M | $70.8M | 5x | as long as short |
| Variational Omni XMR | +0.1182% | 8h | 573.18 | −0.280% | $6.3M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1190% | 8h | 574.23 | −0.097% | $40K | $682K | 10x | as long as short |
| Nado XMR-PERP | +0.1240% | 1h | 574.35 | −0.077% | $1.3M | $452K | 10x | as long as short |
| SoDEX XMR-USD | +0.1255% | 1h | 574.57 | −0.038% | $437K | $3K | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.1375% | 1h | 574.37 | −0.073% | $169K | $531K | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2052% | 1h | 572.91 | −0.326% | $1K | $43K | 10x | as long as short |
BloFin XMR-USDT
KuCoin XMRUSDTM
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Bitget XMRUSDT
MEXC XMR_USDT
Binance XMRUSDT
Gate XMR_USDT
Polymarket Perps XMR-USD
BingX XMR-USDT
Extended XMR-USD
Bybit XMRUSDT
Kraken Futures PF_XMRUSD
Aster XMRUSDT
Lighter XMR
Paradex XMR-USD-PERP
Pacifica XMR
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Hyperliquid XMR
Variational Omni XMR
SoDEX XMR-USD
Backpack XMR_USDC_PERP
Aftermath Perps XMRUSD