XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0253%/8h= −27.7% APRnext payment −$2.53 per $10,000 · paid last 24h −0.018%

Price spread now: KuCoin against MEXC−0.075%7-day average −0.080% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as in the Funding arb table

Net, price: spread back to 7d avg − costs−$51as in the Price arb table

costs, in and out, $10k−$510.512% of the position

Long on MEXC Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.088%−$9 on $10k

Price spread, last 7 days+0.054%+$5 · spread now −0.075%, 7d avg −0.080%

Together, before fees−0.034%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.080%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.088% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.53 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	MEXC XMR_USDT	576.12	0.0563	pay 0.0563% / 8h	3h 14m	$19.9M	$14.7M	100x
Short	KuCoin XMRUSDTM	575.69	0.0310	get 0.0310% / 8h	3h 14m	$45.2M	$26.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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 MEXCbpFee KuCoinbpOrdersPrice spread, now −0.075%Rate

Funding earned: −$53.13
Price spread: −0.075% → −0.080%: $0.51
Slippage, 4 orders: −$35.2
Fee MEXC: 2 bp × 2 orders: −$4
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$103.82
Costs to cover: 0.512%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy MEXC live order book, 4 min ago	0.09 bp	2.3 bp −$2	27.0 bp −$270	62.5 bp −$6,251	211.8 bp −$105.9K
Sell KuCoin live order book, 5 min ago	3.67 bp	17.2 bp −$17	44.1 bp −$441	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	575.03	−0.190%	$38K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.116%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	573.03	−0.536%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	573.90	−0.385%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.00	−0.194%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0224%	1h	576.56	+0.076%	$12K	—	3x	as long as short
Kraken Futures PF_XMRUSD	+0.0225%	1h	575.33	−0.137%	$5.4M	$19.1M	50x	as long as short
KuCoin XMRUSDTMshort	+0.0310%	8h	575.69	−0.075%	$45.2M	$26.3M	50x
Paradex XMR-USD-PERP	+0.0462%	8h	576.36	+0.042%	$8K	$4K	20x	as long as short
Bitget XMRUSDT	+0.0523%	8h	576.12	0.000%	$9.5M	$13.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate XMR_USDT	+0.0559%	8h	575.59	−0.092%	$1.5M	$4.5M	50x	as long as short
MEXC XMR_USDTlong	+0.0563%	8h	576.12	long leg	$19.9M	$14.7M	100x
Binance XMRUSDT	+0.0569%	8h	576.13	+0.002%	$52.6M	$163.0M	75x	as long as short
BingX XMR-USDT	+0.0600%	8h	576.17	+0.009%	—	$5.6M	—	as long as short
Lighter XMR	+0.0640%	1h	576.22	+0.017%	$3.2M	$7.6M	10x	as long as short
Bybit XMRUSDT	+0.0645%	8h	575.98	−0.024%	$46.9M	$64.3M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0656%	1h	576.19	+0.012%	$170K	$532K	20x	as long as short
Pacifica XMR	+0.0682%	1h	576.15	+0.006%	$267K	$1.0M	10x	as long as short
Extended XMR-USD	+0.0712%	1h	575.87	−0.043%	$3.1M	$8.3M	25x	as long as short
Aster XMRUSDT	+0.0724%	8h	575.85	−0.047%	$644K	$2.3M	75x	as long as short
Polymarket Perps XMR-USD	+0.0750%	1h	575.91	−0.036%	$28K	$2.2M	5x	as long as short
dYdX XMR-USD	+0.0908%	1h	574.85	−0.221%	$104K	$44K	5x	as long as short
BloFin XMR-USDT	+0.0926%	8h	576.00	−0.021%	$2.7M	$11.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0971%	8h	573.05	−0.533%	$339K	$739K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0991% / S −0.1217%	1h	574.83	−0.223%	$599K	—	100x	as long as short
Nado XMR-PERP	+0.1100%	1h	576.05	−0.011%	$1.3M	$458K	10x	as long as short
Variational Omni XMR	+0.1143%	8h	573.01	−0.539%	$6.3M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1147%	8h	575.90	−0.038%	$40K	$735K	10x	as long as short
Hyperliquid XMR	+0.1244%	1h	575.93	−0.033%	$86.8M	$71.2M	5x	as long as short
SoDEX XMR-USD	+0.1446%	1h	576.40	+0.049%	$438K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.1885%	1h	573.43	−0.467%	$1K	$43K	10x	as long as short