Funding you earn now, next payment 04:00 UTC+0.0563%/8h= +61.6% APRnext payment +$0.70 per $10,000 · paid last 24h +0.089%
Price spread now: Extended against Kraken Futures+0.213%7-day average +0.142% · you sell dearer than you buy
Net, funding: paid 7d − costs−$12as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days+0.377%+$38 on $10k
+Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.213%, 7d avg +0.142%
=Together, before fees+0.157%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Extended is 0.071% dearer against Kraken Futures than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.142%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.377% in total (about 19.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.70 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XMRUSD | 575.01 | 0.0149 | pay 0.0019% / 1h | 42m 55s | $5.4M | $19.5M | 50x |
| Short | Extended XMR-USD | 576.24 | 0.0712 | get 0.0089% / 1h | 42m 55s | $3.1M | $8.3M | 25x |
Kraken Futures PF_XMRUSD
Extended XMR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $118.22
- Price spread: +0.213% → +0.142%
- $7.12
- Slippage, 4 orders
- −$34.91
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $75.42
- Costs to cover
- 0.499%
- Break-even
- 2.5 days
Slippage from Kraken Futures: live order book, 1 min ago; Extended: live order book, 1 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, 1 min ago | 9.81 bp | 15.9 bp −$16 | 31.5 bp −$315 | 116.3 bp −$11.6K | doesn't fit |
| Sell Extended live order book, 1 min ago | 3.29 bp | 6.7 bp −$7 | 12.0 bp −$120 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +1.311% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0010% | 1h | 575.99 | +0.170% | $45K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 575.84 | +0.144% | $3.3M | $7.4M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 578.82 | +0.662% | $1.0M | $656K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 576.15 | +0.198% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 575.65 | +0.111% | $1.1M | $1.6M | 20x | as long as short |
| Polymarket Perps XMR-USD | +0.0121% | 1h | 576.50 | +0.259% | $24K | $2.1M | 5x | as long as short |
| Kraken Futures PF_XMRUSDlong | +0.0149% | 1h | 575.01 | long leg | $5.4M | $19.5M | 50x | |
| Aevo XMR-PERP | +0.0200% | 1h | 576.58 | +0.272% | $12K | — | 3x | as long as short |
| Bybit XMRUSDT | +0.0412% | 8h | 576.23 | +0.212% | $46.7M | $63.9M | 75x | as long as short |
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Polymarket Perps XMR-USD
Aevo XMR-PERP
Bybit XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate XMR_USDT | +0.0414% | 8h | 576.03 | +0.177% | $1.5M | $4.5M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0433% | 1h | 575.94 | +0.161% | $169K | $534K | 20x | as long as short |
| MEXC XMR_USDT | +0.0481% | 8h | 576.25 | +0.215% | $20.3M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0482% | 8h | 576.14 | +0.196% | $52.5M | $164.7M | 75x | as long as short |
| dYdX XMR-USD | +0.0487% | 1h | 576.72 | +0.296% | $104K | $44K | 5x | as long as short |
| BingX XMR-USDT | +0.0540% | 8h | 576.49 | +0.257% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0559% | 8h | 576.28 | +0.220% | $9.4M | $14.0M | 50x | as long as short |
| KuCoin XMRUSDTM | +0.0594% | 8h | 575.29 | +0.048% | $45.3M | $26.4M | 50x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 577.09 | +0.361% | $266K | $1.1M | 10x | as long as short |
| Hyperliquid XMR | +0.0663% | 1h | 576.43 | +0.247% | $86.6M | $71.2M | 5x | as long as short |
| Nado XMR-PERP | +0.0675% | 1h | 576.72 | +0.298% | $1.3M | $465K | 10x | as long as short |
| Aster XMRUSDT | +0.0684% | 8h | 576.60 | +0.276% | $645K | $2.4M | 75x | as long as short |
| Extended XMR-USDshort | +0.0712% | 1h | 576.24 | +0.213% | $3.1M | $8.3M | 25x | |
| BloFin XMR-USDT | +0.0748% | 8h | 576.59 | +0.274% | $2.7M | $11.2M | 75x | as long as short |
| SoDEX XMR-USD | +0.0772% | 1h | 576.26 | +0.217% | $438K | $3K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0782% | 8h | 577.20 | +0.380% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0839% | 8h | 576.00 | +0.171% | $334K | $741K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0991% / S −0.1253% | 1h | 575.74 | +0.126% | $592K | — | 100x | as long as short |
| Variational Omni XMR | +0.1031% | 8h | 578.24 | +0.562% | $6.6M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1109% | 8h | 576.24 | +0.213% | $41K | $720K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2246% | 1h | 577.69 | +0.465% | $1K | $45K | 10x | as long as short |
Gate XMR_USDT
Backpack XMR_USDC_PERP
MEXC XMR_USDT
Binance XMRUSDT
dYdX XMR-USD
BingX XMR-USDT
Bitget XMRUSDT
KuCoin XMRUSDTM
Pacifica XMR
Hyperliquid XMR
Nado XMR-PERP
Aster XMRUSDT
BloFin XMR-USDT
SoDEX XMR-USD
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD