Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0543%/8h= +59.5% APRpaid last 24h −0.655%

Price spread now: Kraken Futures against HTX−0.137%7-day average +0.155% · you buy dearer than you sell

Net, funding: paid 7d − costs−$298as in the Funding arb table

Net, price: spread back to 7d avg − costs−$149as in the Price arb table

costs, in and out, $10k−$1201.200% of the position

Long on HTX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−1.780%−$178 on $10k

Price spread, last 3 days (all we have)+0.773%+$77 · spread now −0.137%, 7d avg +0.155%

Together, before fees−1.008%−$101 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.292% cheaper against HTX than usual: you would sell low and buy high (spread −0.137% now, against its 7-day average of +0.155%). If the spread goes back, that is −$29 on $10k: about 43 hours of funding at the current rate (+$16 a day). Mind the row above: over the last 7 days funding on this pair cost −1.780%, 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	HTX XMR-USDT	592.00	0.0100	pay 0.0100% / 8h	7h 58m	$1.1M	$1.5M	20x
Short	Kraken Futures PF_XMRUSD	591.19	0.0643	get 0.0080% / 1h	58m 59s	$5.6M	$20.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against HTX. 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 HTXbpFee Kraken FuturesbpOrdersPrice spread, now −0.137%Rate

Funding earned: $114.09
Price spread: −0.137% → +0.155%: −$29.22
Slippage, 4 orders: −$97.99
Fee HTX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$35.12
Costs to cover: 1.200%
Break-even: 9.2 days

Slippage from HTX: 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 HTX live order book, 5 min ago	13.66 bp	55.1 bp −$55	351.3 bp −$3,513	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 5 min ago	7.37 bp	12.5 bp −$12	42.3 bp −$423	149.2 bp −$14.9K	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 −0.0009%	1h	591.30	−0.118%	$45K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+0.804%	$3K	$4K	12x	as long as short
Bybit XMRUSDT	+0.0100%	8h	592.51	+0.086%	$48.0M	$64.4M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	591.63	−0.062%	$1.1M	$666K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	591.99	−0.002%	$2K	$2.0M	20x	as long as short
HTX XMR-USDTlong	+0.0100%	8h	592.00	long leg	$1.1M	$1.5M	20x
Aevo XMR-PERP	+0.0168%	1h	592.84	+0.141%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0347%	8h	592.36	+0.061%	$21.7M	$15.1M	100x	as long as short
Binance XMRUSDT	+0.0358%	8h	592.38	+0.064%	$54.2M	$166.3M	75x	as long as short
BingX XMR-USDT	+0.0448%	8h	592.45	+0.076%	—	$5.8M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XMRUSDT	+0.0478%	8h	592.31	+0.052%	$9.7M	$14.6M	50x	as long as short
Gate XMR_USDT	+0.0487%	8h	592.19	+0.032%	$1.7M	$4.6M	50x	as long as short
BloFin XMR-USDT	+0.0518%	8h	592.39	+0.066%	$2.7M	$11.7M	75x	as long as short
Pacifica XMR	+0.0565%	1h	592.79	+0.134%	$276K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0586%	8h	591.77	−0.039%	$48.4M	$26.2M	50x	as long as short
Aster XMRUSDT	+0.0602%	8h	592.24	+0.041%	$640K	$2.5M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0638%	8h	592.56	+0.095%	$348K	$795K	10x	as long as short
Variational Omni XMR	+0.0639%	8h	592.14	+0.023%	$6.7M	$2.6M	—	as long as short
Kraken Futures PF_XMRUSDshort	+0.0643%	1h	591.19	−0.137%	$5.6M	$20.6M	50x
GMX XMR/USD [WBTC.b-USDC]	L +0.0870% / S −0.2452%	1h	590.96	−0.176%	$550K	—	100x	as long as short
Lighter XMR	+0.0920%	1h	592.47	+0.079%	$3.3M	$7.1M	10x	as long as short
Orderly PERP_XMR_USDC	+0.0975%	8h	592.47	+0.079%	$42K	$734K	10x	as long as short
Paradex XMR-USD-PERP	+0.1001%	8h	592.44	+0.075%	$8K	$4K	20x	as long as short
Nado XMR-PERP	+0.1303%	1h	592.76	+0.129%	$1.3M	$470K	10x	as long as short
Polymarket Perps XMR-USD	+0.1410%	1h	592.66	+0.111%	$49K	$1.9M	5x	as long as short
dYdX XMR-USD	+0.1467%	1h	590.90	−0.186%	$107K	$50K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1499%	1h	592.12	+0.020%	$201K	$579K	20x	as long as short
SoDEX XMR-USD	+0.1500%	1h	592.73	+0.123%	$450K	$3K	5x	as long as short
Extended XMR-USD	+0.2192%	1h	592.27	+0.046%	$3.2M	$7.1M	25x	as long as short
Hyperliquid XMR	+0.2328%	1h	592.94	+0.159%	$89.5M	$72.4M	5x	as long as short
Aftermath Perps XMRUSD	+0.2445%	1h	591.40	−0.102%	$2K	$46K	10x	as long as short