Funding you earn now, next payment 23:00 UTC−0.0005%/8h= −0.5% APRpaid last 24h −0.026%
Price spread now: BingX against Kraken Futures+0.159%7-day average +0.172% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$590.585% of the position
Funding, last 7 days−0.268%−$27 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.159%, 7d avg +0.172%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XMRUSD | 595.01 | 0.0383 | pay 0.0048% / 1h | 31m 40s | $5.7M | $20.4M | 50x |
| Short | BingX XMR-USDT | 595.96 | 0.0378 | get 0.0378% / 8h | 1h 31m | — | $5.7M | — |
Kraken Futures PF_XMRUSD
BingX XMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$0.97
- Price spread: +0.159% → +0.172%
- −$1.28
- Slippage, 4 orders
- −$38.53
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$60.79
- Costs to cover
- 0.585%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; BingX: live order book, 4 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 Kraken Futures live order book, 2 min ago | 11.47 bp | 16.8 bp −$17 | 29.1 bp −$291 | 293.2 bp −$29.3K | doesn't fit |
| Sell BingX live order book, 4 min ago | 1.26 bp | 11.1 bp −$11 | 25.1 bp −$251 | 81.6 bp −$8,161 | 652.1 bp −$326.0K |
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 | 594.87 | −0.024% | $44K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 596.05 | +0.174% | $48.3M | $61.6M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 596.31 | +0.217% | $1.1M | $665K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 594.99 | −0.004% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0160% | 1h | 595.12 | +0.018% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0259% | 8h | 597.65 | +0.443% | $6.9M | $2.7M | — | as long as short |
| MEXC XMR_USDT | +0.0320% | 8h | 595.94 | +0.156% | $22.3M | $15.0M | 100x | as long as short |
| Binance XMRUSDT | +0.0325% | 8h | 595.98 | +0.163% | $54.7M | $163.0M | 75x | as long as short |
| BingX XMR-USDTshort | +0.0378% | 8h | 595.96 | +0.159% | — | $5.7M | — | |
| Kraken Futures PF_XMRUSDlong | +0.0383% | 1h | 595.01 | long leg | $5.7M | $20.4M | 50x |
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Aevo XMR-PERP
Variational Omni XMR
MEXC XMR_USDT
Binance XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica XMR | +0.0387% | 1h | 595.70 | +0.116% | $270K | $1.0M | 10x | as long as short |
| Bitget XMRUSDT | +0.0405% | 8h | 595.87 | +0.144% | $9.9M | $14.2M | 50x | as long as short |
| BloFin XMR-USDT | +0.0451% | 8h | 595.38 | +0.062% | $2.8M | $11.5M | 75x | as long as short |
| Gate XMR_USDT | +0.0518% | 8h | 595.20 | +0.032% | $1.6M | $4.6M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0526% | 8h | 594.76 | −0.042% | $48.6M | $25.8M | 50x | as long as short |
| Aster XMRUSDT | +0.0529% | 8h | 595.25 | +0.040% | $673K | $2.3M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0592% | 8h | 594.92 | −0.015% | $353K | $785K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.0695% | 1h | 596.76 | +0.294% | $3K | $6K | 12x | as long as short |
| Lighter XMR | +0.0696% | 1h | 595.55 | +0.091% | $3.4M | $6.8M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0807% / S −0.1288% | 1h | 594.69 | −0.054% | $330K | — | 100x | as long as short |
| Polymarket Perps XMR-USD | +0.0855% | 1h | 595.96 | +0.159% | $23K | $1.8M | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0858% | 8h | 595.77 | +0.128% | $8K | $4K | 20x | as long as short |
| SoDEX XMR-USD | +0.0911% | 1h | 596.04 | +0.173% | $453K | $3K | 5x | as long as short |
| Orderly PERP_XMR_USDC | +0.0928% | 8h | 595.62 | +0.102% | $50K | $722K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0941% | 1h | 595.35 | +0.057% | $203K | $575K | 20x | as long as short |
| dYdX XMR-USD | +0.1483% | 1h | 594.82 | −0.032% | $108K | $50K | 5x | as long as short |
| Nado XMR-PERP | +0.1499% | 1h | 595.62 | +0.101% | $1.3M | $482K | 10x | as long as short |
| Extended XMR-USD | +0.1840% | 1h | 595.84 | +0.140% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.2048% | 1h | 596.71 | +0.285% | $88.8M | $68.5M | 5x | as long as short |
| HTX XMR-USDT | +0.2052% | 8h | 593.22 | −0.301% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2493% | 1h | 596.00 | +0.167% | $2K | $47K | 10x | as long as short |
Pacifica XMR
Bitget XMRUSDT
BloFin XMR-USDT
Gate XMR_USDT
KuCoin XMRUSDTM
Aster XMRUSDT
GRVT XMR_USDT_Perp
Injective XMR/USDC PERP
Lighter XMR
GMX XMR/USD [WBTC.b-USDC]
Polymarket Perps XMR-USD
Paradex XMR-USD-PERP
SoDEX XMR-USD
Orderly PERP_XMR_USDC
Backpack XMR_USDC_PERP
dYdX XMR-USD
Nado XMR-PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD