Funding you earn now, next payment 02:00 UTC+0.0356%/8h= +39.0% APRnext payment +$0.44 per $10,000 · paid last 24h +0.039%
Price spread now: Kraken Futures against GMX−0.016%7-day average +0.017% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.142%−$14 on $10k
+Price spread, last 3 days (all we have)+0.031%+$3 · spread now −0.016%, 7d avg +0.017%
=Funding pays, the price is against you. Kraken Futures is 0.033% cheaper against GMX than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.017%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 3 days funding on this pair cost −0.142%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GMX XMR/USD [WBTC.b-USDC] | 588.96 | L +0.0942% / S −0.1170% | pay 0.0118% / 1h | 19m 47s | $657K | — | 100x |
| Short | Kraken Futures PF_XMRUSD | 588.87 | 0.1298 | get 0.0162% / 1h | 19m 47s | $5.6M | $20.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GMX. 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
- $74.75
- Price spread: −0.016% → +0.017%
- −$3.29
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $49.46
- Costs to cover
- 0.220%
- Break-even
- 2.4 days
Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
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 GMX no order-book sample | — | — | — | — | — |
| 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 |
GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | +0.006% | $35K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.324% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 588.88 | −0.015% | $1.1M | $669K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 589.35 | +0.066% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 588.00 | −0.164% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0216% | 1h | 590.18 | +0.206% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0433% | 1h | 588.32 | −0.109% | $107K | $50K | 5x | as long as short |
| MEXC XMR_USDT | +0.0522% | 8h | 590.09 | +0.191% | $21.0M | $15.3M | 100x | as long as short |
| Binance XMRUSDT | +0.0526% | 8h | 590.01 | +0.177% | $53.9M | $168.3M | 75x | as long as short |
| Bitget XMRUSDT | +0.0616% | 8h | 590.10 | +0.193% | $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 | +0.181% | $658K | $2.5M | 75x | as long as short |
| Gate XMR_USDT | +0.0760% | 8h | 589.24 | +0.047% | $1.6M | $4.6M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0785% | 8h | 589.62 | +0.111% | $48.3M | $26.2M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 590.16 | +0.204% | $273K | $1.1M | 10x | as long as short |
| Bybit XMRUSDT | +0.0843% | 8h | 589.91 | +0.161% | $47.6M | $65.0M | 75x | as long as short |
| BingX XMR-USDT | +0.0853% | 8h | 590.11 | +0.195% | — | $5.8M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC]long | L +0.0942% / S −0.1170% | 1h | 588.96 | long leg | $657K | — | 100x | |
| Backpack XMR_USDC_PERP | +0.1018% | 1h | 589.24 | +0.047% | $184K | $534K | 20x | as long as short |
| Variational Omni XMR | +0.1027% | 8h | 590.80 | +0.311% | $6.7M | $2.9M | — | as long as short |
| Polymarket Perps XMR-USD | +0.1055% | 1h | 590.04 | +0.183% | $33K | $2.1M | 5x | as long as short |
| Lighter XMR | +0.1064% | 1h | 590.00 | +0.176% | $3.3M | $7.2M | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.1065% | 8h | 589.82 | +0.145% | $42K | $736K | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1103% | 8h | 588.79 | −0.030% | $345K | $786K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1289% | 8h | 590.06 | +0.186% | $8K | $4K | 20x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.1298% | 1h | 588.87 | −0.016% | $5.6M | $20.5M | 50x | |
| Nado XMR-PERP | +0.1503% | 1h | 590.27 | +0.222% | $1.3M | $467K | 10x | as long as short |
| Hyperliquid XMR | +0.1772% | 1h | 589.97 | +0.170% | $89.2M | $73.7M | 5x | as long as short |
| SoDEX XMR-USD | +0.1803% | 1h | 590.05 | +0.184% | $448K | $3K | 5x | as long as short |
| Extended XMR-USD | +0.2104% | 1h | 589.83 | +0.147% | $3.2M | $8.3M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2769% | 1h | 588.90 | −0.011% | $1K | $46K | 10x | as long as short |
GMX XMR/USD [WBTC.b-USDC]
Kraken Futures PF_XMRUSD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
MEXC XMR_USDT
Binance XMRUSDT
Bitget XMRUSDT
Aster XMRUSDT
Gate XMR_USDT
KuCoin XMRUSDTM
Pacifica XMR
Bybit XMRUSDT
BingX XMR-USDT
Backpack XMR_USDC_PERP
Variational Omni XMR
Polymarket Perps XMR-USD
Lighter XMR
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
Hyperliquid XMR
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD