Funding you earn now, next payment 04:00 UTC−0.0633%/8h= −69.3% APRpaid last 24h +0.015%
Price spread now: Kraken Futures against BloFin−0.316%57s7-day average −0.183% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$610.612% of the position
Funding, last 7 days−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.316%, 7d avg −0.183%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and Kraken Futures is 0.133% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.183%). Swap the legs. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.6% a year). A funding rate is set anew for every payment. 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 | 579.76 | 0.0782 | pay 0.0782% / 8h | 4h 23m | $2.7M | $11.3M | 75x |
| Short | Kraken Futures PF_XMRUSD | 577.93 | 0.0148 | get 0.0019% / 1h | 23m 57s | $5.4M | $19.5M | 50x |
BloFin XMR-USDT
Kraken Futures PF_XMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- −$132.98
- Price spread: −0.316% → −0.183%
- −$13.31
- Slippage, 4 orders
- −$39.24
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$207.52
- Costs to cover
- 0.612%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 10 min ago; Kraken Futures: 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 BloFin live order book, 10 min ago | 1.65 bp | 13.0 bp −$13 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 11.28 bp | 17.7 bp −$18 | 34.7 bp −$347 | 138.2 bp −$13.8K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +0.481% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0008% | 1h | 578.41 | −0.233% | $51K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 578.59 | −0.201% | $3.3M | $7.4M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 577.61 | −0.370% | $1.0M | $652K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 578.80 | −0.166% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 578.00 | −0.304% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.0148% | 1h | 577.93 | −0.316% | $5.4M | $19.5M | 50x | |
| Aevo XMR-PERP | +0.0200% | 1h | 579.25 | −0.089% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0240% | 1h | 579.02 | −0.128% | $26K | $2.2M | 5x | as long as short |
| Bybit XMRUSDT | +0.0384% | 8h | 578.00 | −0.304% | $46.9M | $64.3M | 75x | as long as short |
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
Polymarket Perps XMR-USD
Bybit XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XMR_USDT | +0.0390% | 8h | 578.75 | −0.174% | $1.6M | $4.5M | 50x | as long as short |
| dYdX XMR-USD | +0.0424% | 1h | 578.33 | −0.247% | $105K | $44K | 5x | as long as short |
| MEXC XMR_USDT | +0.0484% | 8h | 579.27 | −0.085% | $20.3M | $15.0M | 100x | as long as short |
| Binance XMRUSDT | +0.0486% | 8h | 578.34 | −0.245% | $52.8M | $164.6M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0503% | 8h | 578.48 | −0.221% | $45.2M | $26.6M | 50x | as long as short |
| BingX XMR-USDT | +0.0508% | 8h | 579.18 | −0.100% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0526% | 8h | 578.01 | −0.302% | $9.4M | $14.0M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0553% | 1h | 578.58 | −0.204% | $170K | $535K | 20x | as long as short |
| Extended XMR-USD | +0.0624% | 1h | 579.09 | −0.116% | $3.1M | $8.4M | 25x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 579.19 | −0.097% | $268K | $1.1M | 10x | as long as short |
| Aster XMRUSDT | +0.0683% | 8h | 578.49 | −0.218% | $642K | $2.4M | 75x | as long as short |
| Nado XMR-PERP | +0.0728% | 1h | 579.26 | −0.086% | $1.3M | $466K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0761% | 8h | 579.45 | −0.054% | $8K | $4K | 20x | as long as short |
| Hyperliquid XMR | +0.0764% | 1h | 579.22 | −0.093% | $87.1M | $70.9M | 5x | as long as short |
| BloFin XMR-USDTlong | +0.0782% | 8h | 579.76 | long leg | $2.7M | $11.3M | 75x | |
| GRVT XMR_USDT_Perp | +0.0851% | 8h | 578.32 | −0.248% | $346K | $742K | 10x | as long as short |
| SoDEX XMR-USD | +0.0968% | 1h | 579.28 | −0.083% | $440K | $3K | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0992% / S −0.1253% | 1h | 578.24 | −0.263% | $595K | — | 100x | as long as short |
| Variational Omni XMR | +0.1019% | 8h | 578.47 | −0.223% | $6.6M | $2.2M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1124% | 8h | 578.90 | −0.148% | $41K | $734K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2062% | 1h | 577.65 | −0.364% | $1K | $44K | 10x | as long as short |
Gate XMR_USDT
dYdX XMR-USD
MEXC XMR_USDT
Binance XMRUSDT
KuCoin XMRUSDTM
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Extended XMR-USD
Pacifica XMR
Aster XMRUSDT
Nado XMR-PERP
Paradex XMR-USD-PERP
Hyperliquid XMR
GRVT XMR_USDT_Perp
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD