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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0061%/8h= +6.7% APRnext payment +$0.61 per $10,000 · paid last 24h +0.075%
Price spread now: KuCoin against Bybit−0.046%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$600.605% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.142%+$14 on $10k
Price spread, last 7 days+0.045%+$4 · spread now −0.046%, 7d avg −0.059%
Together, before fees+0.187%+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.059%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit XMRUSDT567.630.0548pay 0.0548% / 8h5h 47m$46.0M$41.1M75x
ShortKuCoin XMRUSDTM567.370.0609get 0.0609% / 8h5h 47m$45.9M$14.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$12.79
Price spread: −0.046% → −0.059%
$1.37
Slippage, 4 orders
−$37.49
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$46.33
Costs to cover
0.605%
Break-even
32.4 days
Slippage from Bybit: live order book, 5 min ago; KuCoin: live order book, 5 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 Bybit live order book, 5 min ago2.11 bp11.7 bp −$1225.3 bp −$253doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago4.23 bp17.4 bp −$1743.5 bp −$435doesn't fitdoesn't fit

XMR on 31 exchanges

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%1h566.36−0.224%$32K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+2.628%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h567.38−0.045%$1.0M$464K10xas long as short
SunX XMR-USDT+0.0100%8h567.05−0.102%$2K$860K20xas long as short
HTX XMR-USDT+0.0100%8h567.89+0.046%$1.0M$931K20xas long as short
Lighter XMR+0.0168%1h567.39−0.043%$3.0M$4.5M10xas long as short
Aevo XMR-PERP+0.0200%1h567.64+0.002%$11K3xas long as short
Polymarket Perps XMR-USD+0.0349%1h567.34−0.051%$29K$1.5M5xas long as short
Extended XMR-USD+0.0464%1h567.48−0.027%$3.1M$6.4M25xas long as short
MEXC XMR_USDT+0.0469%8h567.57−0.011%$19.3M$7.2M100xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance XMRUSDT+0.0469%8h567.62−0.003%$52.3M$79.9M75xas long as short
Aster XMRUSDT+0.0498%8h567.29−0.060%$656K$1.2M75xas long as short
Bybit XMRUSDTlong+0.0548%8h567.63long leg$46.0M$41.1M75x
Gate XMR_USDT+0.0573%8h567.47−0.028%$1.5M$2.2M50xas long as short
KuCoin XMRUSDTMshort+0.0609%8h567.37−0.046%$45.9M$14.8M50x
Kraken Futures PF_XMRUSD+0.0659%1h566.51−0.198%$5.4M$6.2M50xas long as short
BingX XMR-USDT+0.0686%8h567.69+0.011%$4.5Mas long as short
Paradex XMR-USD-PERP+0.0716%8h567.64+0.002%$8K$1K20xas long as short
GRVT XMR_USDT_Perp+0.0723%8h567.98+0.061%$339K$682K10xas long as short
Bitget XMRUSDT+0.0724%8h567.83+0.035%$9.1M$8.8M50xas long as short
Pacifica XMR+0.0759%1h567.48−0.026%$268K$607K10xas long as short
Backpack XMR_USDC_PERP+0.0761%1h567.20−0.076%$127K$406K20xas long as short
BloFin XMR-USDT+0.0794%8h567.48−0.026%$2.7M$9.1M75xas long as short
Nado XMR-PERP+0.0818%1h567.49−0.025%$1.2M$163K10xas long as short
Variational Omni XMR+0.0835%8h567.36−0.048%$6.1M$2.1Mas long as short
SoDEX XMR-USD+0.0882%1h567.69+0.011%$431K$4K5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0953% / S −0.1160%1h566.49−0.200%$608K100xas long as short
Hyperliquid XMR+0.1024%1h567.60−0.005%$86.4M$51.8M5xas long as short
Orderly PERP_XMR_USDC+0.1055%8h567.34−0.051%$41K$292K10xas long as short
Aftermath Perps XMRUSD+0.2125%1h567.55−0.013%$1K$37K10xas long as short
dYdX XMR-USD+0.3637%1h566.13−0.264%$103K$24K5xas long as short