XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0865%/8h= +94.7% APRnext payment +$1.08 per $10,000 · paid last 24h −0.162%

Price spread now: Kraken Futures against dYdX+0.093%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs−$433as in the Funding arb table

Net, price: spread back to 7d avg − costs−$378as in the Price arb table

costs, in and out, $10k−$3843.841% of the position

Long on dYdX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.488%−$49 on $10k

Price spread, last 3 days (all we have)+0.022%+$2 · spread now +0.093%, 7d avg +0.029%

Together, before fees−0.466%−$47 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and Kraken Futures is 0.064% dearer against dYdX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.488%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.488% in total (about -25.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.08 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	dYdX XMR-USD	588.32	0.0433	pay 0.0054% / 1h	20m 12s	$107K	$50K	5x
Short	Kraken Futures PF_XMRUSD	588.87	0.1298	get 0.0162% / 1h	20m 12s	$5.6M	$20.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against dYdX. 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 dYdXbpFee Kraken FuturesbpOrdersPrice spread, now +0.093%Rate

Funding earned: $181.64
Price spread: +0.093% → +0.029%: $6.42
Slippage, 4 orders: −$364.05
Fee dYdX: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$195.99
Costs to cover: 3.841%
Break-even: 14.6 days

Slippage from dYdX: live order book, 49 min ago; Kraken Futures: live order book, 4 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 dYdX live order book, 49 min ago	78.18 bp	84.1 bp −$84	84.2 bp −$842	112.7 bp −$11.3K	595.2 bp −$297.6K
Sell Kraken Futures live order book, 4 min ago	7.73 bp	21.1 bp −$21	34.9 bp −$349	145.7 bp −$14.6K	doesn't fit

XMR on 30 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 −0.0010%	1h	589.00	+0.116%	$35K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.435%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	588.88	+0.095%	$1.1M	$669K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	589.35	+0.175%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	588.00	−0.054%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0216%	1h	590.18	+0.316%	$12K	—	3x	as long as short
dYdX XMR-USDlong	+0.0433%	1h	588.32	long leg	$107K	$50K	5x
MEXC XMR_USDT	+0.0522%	8h	589.82	+0.255%	$21.0M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0526%	8h	589.62	+0.221%	$53.9M	$168.3M	75x	as long as short
Bitget XMRUSDT	+0.0616%	8h	589.90	+0.269%	$9.6M	$14.2M	50x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0706%	8h	590.03	+0.291%	$658K	$2.5M	75x	as long as short
Gate XMR_USDT	+0.0760%	8h	589.24	+0.156%	$1.6M	$4.6M	50x	as long as short
KuCoin XMRUSDTM	+0.0785%	8h	589.53	+0.206%	$48.3M	$26.2M	50x	as long as short
Pacifica XMR	+0.0821%	1h	590.16	+0.314%	$273K	$1.1M	10x	as long as short
Bybit XMRUSDT	+0.0843%	8h	589.90	+0.269%	$47.6M	$65.0M	75x	as long as short
BingX XMR-USDT	+0.0853%	8h	590.06	+0.296%	—	$5.8M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0942% / S −0.1170%	1h	588.96	+0.109%	$657K	—	100x	as long as short
Backpack XMR_USDC_PERP	+0.1018%	1h	589.24	+0.156%	$184K	$534K	20x	as long as short
Variational Omni XMR	+0.1027%	8h	590.80	+0.421%	$6.7M	$2.9M	—	as long as short
Polymarket Perps XMR-USD	+0.1055%	1h	590.04	+0.292%	$33K	$2.1M	5x	as long as short
Lighter XMR	+0.1064%	1h	589.80	+0.251%	$3.3M	$7.2M	10x	as long as short
Orderly PERP_XMR_USDC	+0.1065%	8h	589.82	+0.255%	$42K	$736K	10x	as long as short
GRVT XMR_USDT_Perp	+0.1103%	8h	588.79	+0.079%	$345K	$786K	10x	as long as short
Paradex XMR-USD-PERP	+0.1289%	8h	590.06	+0.295%	$8K	$4K	20x	as long as short
Kraken Futures PF_XMRUSDshort	+0.1298%	1h	588.87	+0.093%	$5.6M	$20.5M	50x
Nado XMR-PERP	+0.1503%	1h	590.27	+0.332%	$1.3M	$467K	10x	as long as short
Hyperliquid XMR	+0.1779%	1h	590.04	+0.292%	$89.2M	$73.7M	5x	as long as short
SoDEX XMR-USD	+0.1803%	1h	590.05	+0.294%	$448K	$3K	5x	as long as short
Extended XMR-USD	+0.2104%	1h	589.80	+0.252%	$3.2M	$8.3M	25x	as long as short
Aftermath Perps XMRUSD	+0.2769%	1h	588.90	+0.099%	$1K	$46K	10x	as long as short