XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0685%/8h= +75.0% APRnext payment +$0.86 per $10,000 · paid last 24h +0.124%

Price spread now: Kraken Futures against Injective−2.643%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Kraken Futures is 2.643% cheaper against Injective than usual: you would sell low and buy high (spread −2.643% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$264 on $10k: about 13 days of funding at the current rate (+$21 a day). The two prices were read 63 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	Injective XMR/USDC PERP	582.55	0.0033	pay 0.0004% / 1h	51m 29s	$3K	$3K	12x
Short	Kraken Futures PF_XMRUSD	567.15	0.0718	get 0.0090% / 1h	51m 29s	$5.4M	$6.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Injective. 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 InjectivebpFee Kraken FuturesbpOrdersPrice spread, now −2.643%Rate

Funding earned: $143.76
Price spread: −2.643% → 0.000%: −$264.33
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$130.59
Costs to cover: 0.100%
Break-even: 13.4 days

Slippage unknown: Injective: no order-book sample; Kraken Futures: live order book, 6 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 Injective no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 6 min ago	6.07 bp	12.5 bp −$12	32.4 bp −$324	113.7 bp −$11.4K	doesn't fit

Injective: 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 31 exchanges

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 −0.0004%	1h	567.37	−2.605%	$32K	—	150x	as long as short
Injective XMR/USDC PERPlong	+0.0033%	1h	582.55	long leg	$3K	$3K	12x
edgeX XMRUSDC	+0.0100%	4h	569.53	−2.234%	$1.1M	$480K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	567.61	−2.565%	$2K	$820K	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	567.66	−2.556%	$1.0M	$892K	20x	as long as short
Lighter XMR	+0.0104%	1h	568.15	−2.472%	$3.0M	$4.5M	10x	as long as short
Extended XMR-USD	+0.0104%	1h	567.93	−2.510%	$3.1M	$6.0M	25x	as long as short
Aevo XMR-PERP	+0.0184%	1h	567.97	−2.503%	$11K	—	3x	as long as short
Polymarket Perps XMR-USD	+0.0191%	1h	567.97	−2.503%	$24K	$1.5M	5x	as long as short
Hyperliquid XMR	+0.0194%	1h	567.97	−2.503%	$86.5M	$49.6M	5x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster XMRUSDT	+0.0416%	8h	568.08	−2.483%	$656K	$1.1M	75x	as long as short
Binance XMRUSDT	+0.0419%	8h	568.22	−2.460%	$52.4M	$76.7M	75x	as long as short
MEXC XMR_USDT	+0.0422%	8h	568.29	−2.448%	$19.3M	$6.9M	100x	as long as short
SoDEX XMR-USD	+0.0460%	1h	568.27	−2.451%	$432K	$4K	5x	as long as short
Bybit XMRUSDT	+0.0469%	8h	568.05	−2.489%	$46.5M	$40.3M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0469%	1h	567.89	−2.517%	$161K	$415K	20x	as long as short
Pacifica XMR	+0.0527%	1h	568.30	−2.446%	$269K	$602K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0626%	8h	569.67	−2.210%	$336K	$715K	10x	as long as short
Gate XMR_USDT	+0.0647%	8h	568.36	−2.436%	$1.5M	$2.1M	50x	as long as short
Paradex XMR-USD-PERP	+0.0661%	8h	568.47	−2.416%	$8K	$1K	20x	as long as short
Nado XMR-PERP	+0.0675%	1h	568.23	−2.458%	$1.2M	$153K	10x	as long as short
Kraken Futures PF_XMRUSDshort	+0.0718%	1h	567.15	−2.643%	$5.4M	$6.0M	50x
BloFin XMR-USDT	+0.0741%	8h	567.77	−2.537%	$2.7M	$8.9M	75x	as long as short
BingX XMR-USDT	+0.0745%	8h	568.97	−2.331%	—	$4.4M	—	as long as short
Bitget XMRUSDT	+0.0782%	8h	568.32	−2.443%	$9.1M	$8.5M	50x	as long as short
Variational Omni XMR	+0.0806%	8h	569.48	−2.243%	$6.1M	$2.1M	—	as long as short
KuCoin XMRUSDTM	+0.0826%	8h	567.69	−2.551%	$46.1M	$14.6M	50x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1009% / S −0.1269%	1h	567.14	−2.645%	$621K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1048%	8h	568.03	−2.492%	$41K	$247K	10x	as long as short
Aftermath Perps XMRUSD	+0.1916%	1h	567.97	−2.503%	$1K	$36K	10x	as long as short
dYdX XMR-USD	+0.3363%	1h	567.50	−2.584%	$103K	$24K	5x	as long as short