XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0563%/8h= −61.6% APRnext payment −$0.70 per $10,000 · paid last 24h −0.089%

Price spread now: Kraken Futures against Extended−0.204%7-day average −0.142% · you buy dearer than you sell

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$61as in the Price arb table

costs, in and out, $10k−$550.546% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.377%−$38 on $10k

Price spread, last 4 days (all we have)+0.211%+$21 · spread now −0.204%, 7d avg −0.142%

Together, before fees−0.166%+ Points / potential airdropExtended: Active · farm board−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Kraken Futures is 0.062% cheaper against Extended than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.142%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.377% in total (about -19.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.70 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	Extended XMR-USD	576.19	0.0712	pay 0.0089% / 1h	43m 19s	$3.1M	$8.3M	25x
Short	Kraken Futures PF_XMRUSD	575.01	0.0149	get 0.0019% / 1h	43m 19s	$5.4M	$19.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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 ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now −0.204%Rate

Funding earned: −$118.22
Price spread: −0.204% → −0.142%: −$6.24
Slippage, 4 orders: −$39.57
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$179.03
Costs to cover: 0.546%
Break-even: never at this rate

Slippage from Extended: live order book, 6 min ago; Kraken Futures: live order book, 6 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 Extended live order book, 6 min ago	1.38 bp	7.6 bp −$8	12.8 bp −$128	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 6 min ago	7.87 bp	26.7 bp −$27	42.2 bp −$422	147.3 bp −$14.7K	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
Injective XMR/USDC PERP	−0.0136%	1h	582.55	+1.104%	$3K	$3K	12x	as long as short
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0010%	1h	575.99	−0.035%	$45K	—	150x	as long as short
Lighter XMR	+0.0096%	1h	575.84	−0.060%	$3.3M	$7.4M	10x	as long as short
edgeX XMRUSDC	+0.0100%	4h	578.82	+0.456%	$1.0M	$656K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	576.15	−0.007%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	575.65	−0.094%	$1.1M	$1.6M	20x	as long as short
Polymarket Perps XMR-USD	+0.0121%	1h	576.50	+0.054%	$24K	$2.1M	5x	as long as short
Kraken Futures PF_XMRUSDshort	+0.0149%	1h	575.01	−0.204%	$5.4M	$19.5M	50x
Aevo XMR-PERP	+0.0200%	1h	576.58	+0.068%	$12K	—	3x	as long as short
Backpack XMR_USDC_PERP	+0.0401%	1h	577.10	+0.158%	$169K	$534K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit XMRUSDT	+0.0412%	8h	577.02	+0.144%	$46.8M	$64.0M	75x	as long as short
Gate XMR_USDT	+0.0414%	8h	576.22	+0.005%	$1.5M	$4.5M	50x	as long as short
MEXC XMR_USDT	+0.0481%	8h	576.76	+0.099%	$20.3M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0482%	8h	576.72	+0.092%	$52.5M	$164.7M	75x	as long as short
dYdX XMR-USD	+0.0487%	1h	576.72	+0.091%	$104K	$44K	5x	as long as short
BingX XMR-USDT	+0.0542%	8h	576.77	+0.101%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0559%	8h	576.56	+0.064%	$9.4M	$14.0M	50x	as long as short
KuCoin XMRUSDTM	+0.0594%	8h	575.69	−0.087%	$45.4M	$26.4M	50x	as long as short
Pacifica XMR	+0.0626%	1h	577.09	+0.156%	$266K	$1.1M	10x	as long as short
Hyperliquid XMR	+0.0666%	1h	576.68	+0.086%	$86.7M	$71.2M	5x	as long as short
Nado XMR-PERP	+0.0675%	1h	576.72	+0.093%	$1.3M	$465K	10x	as long as short
Aster XMRUSDT	+0.0684%	8h	577.03	+0.146%	$645K	$2.4M	75x	as long as short
Extended XMR-USDlong	+0.0712%	1h	576.19	long leg	$3.1M	$8.3M	25x
BloFin XMR-USDT	+0.0748%	8h	576.59	+0.069%	$2.7M	$11.2M	75x	as long as short
SoDEX XMR-USD	+0.0772%	1h	576.26	+0.012%	$438K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0782%	8h	577.20	+0.175%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.0839%	8h	576.00	−0.033%	$334K	$741K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0991% / S −0.1253%	1h	575.74	−0.078%	$592K	—	100x	as long as short
Variational Omni XMR	+0.1031%	8h	578.24	+0.356%	$6.6M	$2.3M	—	as long as short
Orderly PERP_XMR_USDC	+0.1109%	8h	576.24	+0.009%	$41K	$720K	10x	as long as short
Aftermath Perps XMRUSD	+0.2246%	1h	577.69	+0.260%	$1K	$45K	10x	as long as short