Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0859%/8h= +94.1% APRpaid last 24h +0.204%

Price spread now: Kraken Futures against edgeX−0.057%76s7-day average −0.164% · you buy dearer than you sell

Net, funding: paid 7d − costs−$10as 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−$740.735% of the position

Long on edgeX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.633%+$63 on $10k

Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.057%, 7d avg −0.164%

Together, before fees+0.750%+ Points / potential airdropedgeX: Active · farm board+$75 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 0.107% dearer against edgeX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.164%. The two prices were read 76 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XMRUSDC	581.84	0.0100	pay 0.0050% / 4h	1h 33m	$1.0M	$658K	10x
Short	Kraken Futures PF_XMRUSD	581.51	0.0959	get 0.0120% / 1h	33m 48s	$5.5M	$20.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against edgeX. 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 edgeXbpFee Kraken FuturesbpOrdersPrice spread, now −0.057%Rate

Funding earned: $180.39
Price spread: −0.057% → −0.164%: $10.71
Slippage, 4 orders: −$54.54
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $117.55
Costs to cover: 0.735%
Break-even: 2.4 days

Slippage from edgeX: live order book, 5 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 edgeX live order book, 5 min ago	11.18 bp	15.7 bp −$16	30.6 bp −$306	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	5.95 bp	30.1 bp −$30	48.9 bp −$489	177.1 bp −$17.7K	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 −0.0010%	1h	581.87	+0.004%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+0.121%	$3K	$6K	12x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	581.84	long leg	$1.0M	$658K	10x
SunX XMR-USDT	+0.0100%	8h	582.32	+0.082%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	582.76	+0.157%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0208%	1h	582.56	+0.124%	$12K	—	3x	as long as short
dYdX XMR-USD	+0.0342%	1h	582.27	+0.074%	$105K	$50K	5x	as long as short
Polymarket Perps XMR-USD	+0.0464%	1h	582.59	+0.128%	$31K	$2.1M	5x	as long as short
MEXC XMR_USDT	+0.0518%	8h	583.16	+0.226%	$20.6M	$15.2M	100x	as long as short
Binance XMRUSDT	+0.0519%	8h	583.30	+0.250%	$53.1M	$166.9M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter XMR	+0.0552%	1h	582.78	+0.161%	$3.3M	$7.1M	10x	as long as short
Gate XMR_USDT	+0.0590%	8h	582.44	+0.102%	$1.6M	$4.5M	50x	as long as short
Backpack XMR_USDC_PERP	+0.0595%	1h	582.63	+0.135%	$171K	$539K	20x	as long as short
Bitget XMRUSDT	+0.0610%	8h	583.17	+0.228%	$9.6M	$14.2M	50x	as long as short
BingX XMR-USDT	+0.0620%	8h	583.00	+0.199%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0631%	8h	583.25	+0.242%	$47.4M	$64.8M	75x	as long as short
Aster XMRUSDT	+0.0713%	8h	582.94	+0.188%	$648K	$2.4M	75x	as long as short
KuCoin XMRUSDTM	+0.0771%	8h	582.55	+0.121%	$47.9M	$26.1M	50x	as long as short
BloFin XMR-USDT	+0.0792%	8h	583.47	+0.279%	$2.7M	$11.4M	75x	as long as short
Kraken Futures PF_XMRUSDshort	+0.0959%	1h	581.51	−0.057%	$5.5M	$20.0M	50x
Nado XMR-PERP	+0.0977%	1h	583.20	+0.233%	$1.3M	$464K	10x	as long as short
Paradex XMR-USD-PERP	+0.0980%	8h	583.05	+0.207%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0983%	8h	582.25	+0.069%	$345K	$766K	10x	as long as short
Pacifica XMR	+0.0996%	1h	583.14	+0.224%	$264K	$1.1M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1017% / S −0.1353%	1h	581.71	−0.023%	$649K	—	100x	as long as short
Variational Omni XMR	+0.1083%	8h	582.84	+0.171%	$6.6M	$2.4M	—	as long as short
Orderly PERP_XMR_USDC	+0.1098%	8h	583.06	+0.209%	$42K	$736K	10x	as long as short
Hyperliquid XMR	+0.1138%	1h	582.99	+0.197%	$87.6M	$71.6M	5x	as long as short
Extended XMR-USD	+0.1288%	1h	583.13	+0.220%	$3.1M	$8.0M	25x	as long as short
SoDEX XMR-USD	+0.1326%	1h	583.18	+0.230%	$443K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.2578%	1h	582.71	+0.149%	$2K	$46K	10x	as long as short