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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0969%/8h= −106.1% APRpaid last 24h −0.152%
Price spread now: KuCoin against SoDEX−0.244%7-day average −0.082% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$610.611% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.435%−$43 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.244%, 7d avg −0.082%
Together, before fees−0.361%−$36 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and KuCoin is 0.162% cheaper against SoDEX than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of −0.082%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX XMR-USD573.250.1328pay 0.0166% / 1h42m 00s$436K$3K5x
ShortKuCoin XMRUSDTM571.850.0359get 0.0359% / 8h3h 42m$44.8M$26.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against SoDEX. 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
−$203.48
Price spread: −0.244% → −0.082%
−$16.22
Slippage, 4 orders
−$41.13
Fee SoDEX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$280.84
Costs to cover
0.611%
Break-even
never at this rate
Slippage from SoDEX: live order book, 12 min ago; KuCoin: live order book, 2 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 SoDEX live order book, 12 min ago0.09 bp13.6 bp −$1444.0 bp −$440doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago2.18 bp20.5 bp −$2045.2 bp −$452doesn't fitdoesn'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%1h571.93−0.230%$50K150xas long as short
Injective XMR/USDC PERP+0.0033%1h582.55+1.622%$3K$3K12xas long as short
edgeX XMRUSDC+0.0100%4h574.21+0.167%$1.0M$646K10xas long as short
SunX XMR-USDT+0.0100%8h572.74−0.089%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h574.00+0.131%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0216%1h573.26+0.002%$12K3xas long as short
Kraken Futures PF_XMRUSD+0.0226%1h571.77−0.257%$5.4M$19.4M50xas long as short
dYdX XMR-USD+0.0338%1h572.63−0.109%$104K$44K5xas long as short
KuCoin XMRUSDTMshort+0.0359%8h571.85−0.244%$44.8M$26.4M50x
Backpack XMR_USDC_PERP+0.0386%1h572.57−0.119%$169K$532K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter XMR+0.0464%1h573.13−0.021%$3.1M$7.5M10xas long as short
Gate XMR_USDT+0.0481%8h573.19−0.010%$1.5M$4.5M50xas long as short
BingX XMR-USDT+0.0502%8h573.57+0.056%$5.6Mas long as short
Bitget XMRUSDT+0.0508%8h573.24−0.002%$9.4M$13.5M50xas long as short
MEXC XMR_USDT+0.0528%8h573.53+0.049%$19.9M$14.7M100xas long as short
Binance XMRUSDT+0.0529%8h573.42+0.029%$52.5M$163.3M75xas long as short
Bybit XMRUSDT+0.0544%8h573.14−0.019%$46.7M$64.3M75xas long as short
Extended XMR-USD+0.0664%1h573.37+0.022%$3.1M$8.3M25xas long as short
Pacifica XMR+0.0682%1h573.93+0.119%$265K$1.0M10xas long as short
Aster XMRUSDT+0.0684%8h573.22−0.005%$636K$2.3M75xas long as short
Polymarket Perps XMR-USD+0.0731%1h573.56+0.054%$28K$2.2M5xas long as short
BloFin XMR-USDT+0.0864%8h574.56+0.229%$2.7M$11.2M75xas long as short
GRVT XMR_USDT_Perp+0.0917%8h574.35+0.192%$337K$728K10xas long as short
Paradex XMR-USD-PERP+0.0945%8h574.11+0.149%$8K$4K20xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0989% / S −0.1254%1h571.89−0.238%$590K100xas long as short
Variational Omni XMR+0.1078%8h574.38+0.197%$6.5M$2.2Mas long as short
Orderly PERP_XMR_USDC+0.1121%8h573.20−0.009%$40K$735K10xas long as short
Nado XMR-PERP+0.1141%1h573.80+0.097%$1.3M$458K10xas long as short
Hyperliquid XMR+0.1244%1h573.14−0.019%$86.1M$71.3M5xas long as short
SoDEX XMR-USDlong+0.1328%1h573.25long leg$436K$3K5x
Aftermath Perps XMRUSD+0.1936%1h573.58+0.058%$1K$44K10xas long as short