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+0.0134%/8h= +14.7% APRnext payment +$1.34 per $10,000 · paid last 24h −0.080%
Price spread now: Bybit against KuCoin+0.094%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$67as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$520.519% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.152%−$15 on $10k
Price spread, last 7 days−0.069%−$7 · spread now +0.094%, 7d avg +0.059%
Together, before fees−0.222%−$22 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bybit is 0.035% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.059%. Mind the row above: over the last 7 days funding on this pair cost −0.152%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin XMRUSDTM573.720.0376pay 0.0376% / 8h3h 47m$44.9M$26.4M50x
ShortBybit XMRUSDT574.260.0510get 0.0510% / 8h3h 47m$46.8M$64.4M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$28.23
Price spread: +0.094% → +0.059%
$3.52
Slippage, 4 orders
−$28.86
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$20.11
Costs to cover
0.519%
Break-even
12.0 days
Slippage from KuCoin: live order book, 6 min ago; Bybit: 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 ago3.74 bp13.9 bp −$1433.9 bp −$339doesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago0.44 bp6.9 bp −$716.3 bp −$16365.5 bp −$6,551doesn'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 −0.0008%1h573.26−0.080%$50K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.539%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h576.00+0.397%$1.0M$645K10xas long as short
SunX XMR-USDT+0.0100%8h573.95+0.040%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h574.61+0.155%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h574.34+0.108%$12K3xas long as short
Kraken Futures PF_XMRUSD+0.0226%1h572.86−0.150%$5.4M$19.4M50xas long as short
dYdX XMR-USD+0.0296%1h573.81+0.015%$104K$44K5xas long as short
KuCoin XMRUSDTMlong+0.0376%8h573.72long leg$44.9M$26.4M50x
Backpack XMR_USDC_PERP+0.0437%1h573.94+0.038%$169K$533K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XMR+0.0448%1h574.32+0.105%$3.2M$7.5M10xas long as short
Gate XMR_USDT+0.0476%8h573.99+0.047%$1.6M$4.5M50xas long as short
BingX XMR-USDT+0.0493%8h574.35+0.110%$5.6Mas long as short
Bitget XMRUSDT+0.0507%8h574.31+0.103%$9.4M$13.6M50xas long as short
Bybit XMRUSDTshort+0.0510%8h574.26+0.094%$46.8M$64.4M75x
Binance XMRUSDT+0.0520%8h574.29+0.099%$52.5M$164.1M75xas long as short
MEXC XMR_USDT+0.0520%8h574.42+0.122%$19.9M$14.7M100xas long as short
Pacifica XMR+0.0682%1h574.21+0.086%$265K$1.0M10xas long as short
Aster XMRUSDT+0.0684%8h573.77+0.009%$636K$2.3M75xas long as short
Extended XMR-USD+0.0712%1h574.24+0.091%$3.1M$8.4M25xas long as short
Polymarket Perps XMR-USD+0.0735%1h574.29+0.099%$28K$2.2M5xas long as short
BloFin XMR-USDT+0.0851%8h574.43+0.124%$2.7M$11.2M75xas long as short
GRVT XMR_USDT_Perp+0.0920%8h576.31+0.452%$338K$728K10xas long as short
Paradex XMR-USD-PERP+0.0928%8h574.42+0.122%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0988% / S −0.1254%1h573.05−0.117%$590K100xas long as short
Variational Omni XMR+0.1074%8h575.80+0.362%$6.5M$2.2Mas long as short
Orderly PERP_XMR_USDC+0.1126%8h574.16+0.077%$40K$735K10xas long as short
Hyperliquid XMR+0.1184%1h574.14+0.073%$86.3M$71.2M5xas long as short
Nado XMR-PERP+0.1221%1h574.61+0.155%$1.3M$460K10xas long as short
SoDEX XMR-USD+0.1351%1h574.41+0.120%$437K$3K5xas long as short
Aftermath Perps XMRUSD+0.1938%1h574.56+0.147%$1K$44K10xas long as short