Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0756%/8h= −82.8% APRpaid last 24h −0.203%

Price spread now: edgeX against Kraken Futures+0.058%7-day average +0.165% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$71as in the Price arb table

costs, in and out, $10k−$610.607% of the position

Long on Kraken Futures Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.658%−$66 on $10k

Price spread, last 4 days (all we have)+0.019%+$2 · spread now +0.058%, 7d avg +0.165%

Together, before fees−0.638%+ Points / potential airdropedgeX: Active · farm board−$64 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and edgeX is 0.107% cheaper against Kraken Futures than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.165%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XMRUSD	569.96	0.0856	pay 0.0107% / 1h	19m 10s	$5.4M	$6.8M	50x
Short	edgeX XMRUSDC	570.29	0.0100	get 0.0050% / 4h	2h 19m	$1.0M	$463K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.058%Rate

Funding earned: −$158.76
Price spread: +0.058% → +0.165%: −$10.7
Slippage, 4 orders: −$41.66
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$230.13
Costs to cover: 0.607%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 3 min ago; edgeX: live order book, 3 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, 3 min ago	7.11 bp	18.5 bp −$18	33.3 bp −$333	122.0 bp −$12.2K	doesn't fit
Sell edgeX live order book, 3 min ago	10.17 bp	14.7 bp −$15	15.4 bp −$154	doesn't fit	doesn't fit

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	569.59	−0.065%	$33K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.209%	$3K	$3K	12x	as long as short
edgeX XMRUSDCshort	+0.0100%	4h	570.29	+0.058%	$1.0M	$463K	10x
SunX XMR-USDT	+0.0100%	8h	569.75	−0.037%	$2K	$984K	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	569.95	−0.001%	$1.1M	$984K	20x	as long as short
Polymarket Perps XMR-USD	+0.0160%	1h	570.24	+0.049%	$30K	$1.5M	5x	as long as short
Aevo XMR-PERP	+0.0200%	1h	571.04	+0.190%	$12K	—	3x	as long as short
Lighter XMR	+0.0392%	1h	570.87	+0.159%	$3.0M	$4.8M	10x	as long as short
Gate XMR_USDT	+0.0407%	8h	570.53	+0.100%	$1.5M	$2.3M	50x	as long as short
MEXC XMR_USDT	+0.0466%	8h	571.02	+0.186%	$19.8M	$9.0M	100x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance XMRUSDT	+0.0468%	8h	571.12	+0.204%	$52.5M	$89.2M	75x	as long as short
Bybit XMRUSDT	+0.0474%	8h	571.07	+0.195%	$46.4M	$44.6M	75x	as long as short
KuCoin XMRUSDTM	+0.0511%	8h	570.63	+0.118%	$45.1M	$16.0M	50x	as long as short
Aster XMRUSDT	+0.0526%	8h	570.35	+0.069%	$661K	$1.3M	75x	as long as short
Extended XMR-USD	+0.0536%	1h	570.77	+0.143%	$3.0M	$6.5M	25x	as long as short
Paradex XMR-USD-PERP	+0.0542%	8h	570.22	+0.045%	$8K	$1K	20x	as long as short
BingX XMR-USDT	+0.0637%	8h	571.13	+0.206%	—	$4.9M	—	as long as short
Bitget XMRUSDT	+0.0676%	8h	570.89	+0.163%	$9.1M	$9.6M	50x	as long as short
Pacifica XMR	+0.0710%	1h	570.28	+0.056%	$269K	$640K	10x	as long as short
GRVT XMR_USDT_Perp	+0.0748%	8h	570.57	+0.107%	$337K	$664K	10x	as long as short
BloFin XMR-USDT	+0.0754%	8h	571.10	+0.200%	$2.7M	$9.3M	75x	as long as short
Variational Omni XMR	+0.0809%	8h	570.16	+0.035%	$6.1M	$2.2M	—	as long as short
Hyperliquid XMR	+0.0811%	1h	570.95	+0.174%	$86.7M	$53.5M	5x	as long as short
Kraken Futures PF_XMRUSDlong	+0.0856%	1h	569.96	long leg	$5.4M	$6.8M	50x
Backpack XMR_USDC_PERP	+0.0883%	1h	570.89	+0.163%	$128K	$411K	20x	as long as short
Nado XMR-PERP	+0.0913%	1h	570.38	+0.073%	$1.2M	$190K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0937% / S −0.1108%	1h	569.57	−0.068%	$592K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1060%	8h	570.69	+0.128%	$41K	$348K	10x	as long as short
SoDEX XMR-USD	+0.1069%	1h	571.06	+0.193%	$434K	$4K	5x	as long as short
Aftermath Perps XMRUSD	+0.2114%	1h	569.76	−0.035%	$1K	$37K	10x	as long as short
dYdX XMR-USD	+0.7932%	1h	569.53	−0.076%	$103K	$20K	5x	as long as short