XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0233%/8h= −25.5% APRnext payment −$0.29 per $10,000 · paid last 24h +0.145%

Price spread now: dYdX against Kraken Futures−0.293%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$328as in the Funding arb table

Net, price: spread back to 7d avg − costs−$404as in the Price arb table

costs, in and out, $10k−$3773.773% of the position

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.491%+$49 on $10k

Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.293%, 7d avg −0.024%

Together, before fees+0.644%+$64 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and dYdX is 0.269% cheaper against Kraken Futures than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.024%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.491%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XMRUSD	573.35	0.0747	pay 0.0093% / 1h	34m 58s	$5.4M	$19.1M	50x
Short	dYdX XMR-USD	571.67	0.0514	get 0.0064% / 1h	34m 58s	$104K	$44K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 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 Kraken FuturesbpFee dYdXbpOrdersPrice spread, now −0.293%Rate

Funding earned: −$48.92
Price spread: −0.293% → −0.024%: −$26.89
Slippage, 4 orders: −$357.26
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$453.08
Costs to cover: 3.773%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 4 min ago; dYdX: live order book, 14 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, 4 min ago	4.47 bp	9.6 bp −$10	22.6 bp −$226	106.3 bp −$10.6K	doesn't fit
Sell dYdX live order book, 14 min ago	85.26 bp	246.9 bp −$247	270.5 bp −$2,705	429.5 bp −$42.9K	1160.4 bp −$580.2K

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 −0.0003%	1h	572.70	−0.113%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.604%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	571.71	−0.287%	$1.0M	$643K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	573.59	+0.042%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	573.00	−0.061%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0232%	1h	573.95	+0.104%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0312%	8h	573.02	−0.058%	$45.0M	$26.2M	50x	as long as short
dYdX XMR-USDshort	+0.0514%	1h	571.67	−0.293%	$104K	$44K	5x
Bitget XMRUSDT	+0.0573%	8h	574.40	+0.183%	$9.5M	$13.3M	50x	as long as short
MEXC XMR_USDT	+0.0613%	8h	573.79	+0.076%	$19.8M	$14.6M	100x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0616%	8h	573.62	+0.047%	$52.5M	$161.4M	75x	as long as short
Gate XMR_USDT	+0.0632%	8h	573.76	+0.071%	$1.5M	$4.3M	50x	as long as short
BingX XMR-USDT	+0.0672%	8h	573.53	+0.031%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0722%	8h	572.91	−0.077%	$46.4M	$64.3M	75x	as long as short
Kraken Futures PF_XMRUSDlong	+0.0747%	1h	573.35	long leg	$5.4M	$19.1M	50x
Aster XMRUSDT	+0.0762%	8h	574.00	+0.113%	$643K	$2.2M	75x	as long as short
Extended XMR-USD	+0.0768%	1h	573.41	+0.011%	$3.0M	$8.2M	25x	as long as short
Polymarket Perps XMR-USD	+0.0779%	1h	573.46	+0.019%	$28K	$2.2M	5x	as long as short
Pacifica XMR	+0.0912%	1h	573.41	+0.011%	$266K	$1.0M	10x	as long as short
Paradex XMR-USD-PERP	+0.0939%	8h	573.01	−0.059%	$8K	$4K	20x	as long as short
GRVT XMR_USDT_Perp	+0.1007%	8h	571.95	−0.245%	$330K	$728K	10x	as long as short
BloFin XMR-USDT	+0.1013%	8h	574.03	+0.118%	$2.7M	$11.2M	75x	as long as short
Lighter XMR	+0.1024%	1h	574.10	+0.131%	$3.1M	$7.5M	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1057% / S −0.1398%	1h	572.59	−0.133%	$592K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1186%	8h	574.04	+0.120%	$40K	$713K	10x	as long as short
Variational Omni XMR	+0.1193%	8h	571.73	−0.283%	$6.3M	$2.3M	—	as long as short
Hyperliquid XMR	+0.1228%	1h	574.01	+0.115%	$86.5M	$70.9M	5x	as long as short
Backpack XMR_USDC_PERP	+0.1372%	1h	573.89	+0.094%	$169K	$532K	20x	as long as short
Nado XMR-PERP	+0.1382%	1h	573.68	+0.058%	$1.3M	$455K	10x	as long as short
SoDEX XMR-USD	+0.1415%	1h	574.43	+0.188%	$437K	$3K	5x	as long as short
Aftermath Perps XMRUSD	+0.2105%	1h	571.51	−0.321%	$1K	$43K	10x	as long as short