Funding you earn now, next payment 09:00 UTC−0.0338%/8h= −37.0% APRnext payment −$0.42 per $10,000 · paid last 24h −0.189%
Price spread now: Injective against Kraken Futures+1.769%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
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
The price spread pays, funding is against you. Injective is 1.769% dearer against Kraken Futures than usual: you sell high and buy low (spread +1.769% now, against zero (this spread has no 7-day history yet)): +$177 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XMRUSD | 572.42 | 0.0371 | pay 0.0046% / 1h | 52m 35s | $5.4M | $9.1M | 50x |
| Short | Injective XMR/USDC PERP | 582.55 | 0.0033 | get 0.0004% / 1h | 52m 35s | $3K | $3K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$70.98
- Price spread: +1.769% → 0.000%
- $176.88
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $95.88
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Kraken Futures: live order book, 1 min ago; Injective: no order-book sample. 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 Kraken Futures live order book, 1 min ago | 6.89 bp | 14.2 bp −$14 | 28.0 bp −$280 | 116.5 bp −$11.7K | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 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 −0.0005% | 1h | 572.57 | +0.025% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERPshort | +0.0033% | 1h | 582.55 | +1.769% | $3K | $3K | 12x | |
| Bybit XMRUSDT | +0.0100% | 8h | 573.08 | +0.114% | $46.4M | $49.5M | 75x | as long as short |
| Gate XMR_USDT | +0.0100% | 8h | 572.94 | +0.090% | $1.6M | $2.6M | 50x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 573.27 | +0.147% | $1.0M | $542K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 572.60 | +0.031% | $30K | $1.7M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 573.23 | +0.141% | $2K | $1.2M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 571.21 | −0.212% | $1.1M | $1.1M | 20x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 573.71 | +0.224% | $12K | — | 3x | as long as short |
| Extended XMR-USD | +0.0240% | 1h | 573.26 | +0.146% | $3.0M | $7.6M | 25x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XMRUSDTM | +0.0340% | 8h | 572.94 | +0.090% | $45.3M | $17.8M | 50x | as long as short |
| Kraken Futures PF_XMRUSDlong | +0.0371% | 1h | 572.42 | long leg | $5.4M | $9.1M | 50x | |
| Binance XMRUSDT | +0.0492% | 8h | 573.37 | +0.166% | $52.3M | $105.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0494% | 8h | 573.35 | +0.162% | $20.1M | $9.6M | 100x | as long as short |
| Bitget XMRUSDT | +0.0531% | 8h | 573.51 | +0.190% | $9.4M | $10.1M | 50x | as long as short |
| Pacifica XMR | +0.0550% | 1h | 573.32 | +0.155% | $267K | $757K | 10x | as long as short |
| BingX XMR-USDT | +0.0560% | 8h | 573.62 | +0.209% | — | $5.2M | — | as long as short |
| Hyperliquid XMR | +0.0604% | 1h | 573.44 | +0.177% | $87.0M | $58.7M | 5x | as long as short |
| Aster XMRUSDT | +0.0623% | 8h | 573.24 | +0.142% | $641K | $1.6M | 75x | as long as short |
| Lighter XMR | +0.0656% | 1h | 573.17 | +0.131% | $3.1M | $5.5M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.0679% | 8h | 573.37 | +0.166% | $8K | $2K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0686% | 8h | 574.22 | +0.313% | $343K | $623K | 10x | as long as short |
| BloFin XMR-USDT | +0.0800% | 8h | 573.34 | +0.160% | $2.7M | $9.9M | 75x | as long as short |
| Variational Omni XMR | +0.0826% | 8h | 574.08 | +0.289% | $6.2M | $2.3M | — | as long as short |
| SoDEX XMR-USD | +0.0846% | 1h | 573.36 | +0.163% | $436K | $4K | 5x | as long as short |
| Nado XMR-PERP | +0.0923% | 1h | 573.41 | +0.172% | $1.2M | $318K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1077% / S −0.1372% | 1h | 572.67 | +0.043% | $596K | — | 100x | as long as short |
| Backpack XMR_USDC_PERP | +0.1108% | 1h | 573.12 | +0.121% | $136K | $431K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1113% | 8h | 573.62 | +0.209% | $40K | $434K | 10x | as long as short |
| dYdX XMR-USD | +0.1312% | 1h | 572.70 | +0.049% | $104K | $29K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.2107% | 1h | 573.01 | +0.102% | $1K | $39K | 10x | as long as short |
Kraken Futures PF_XMRUSD
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
Gate XMR_USDT
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Extended XMR-USD
KuCoin XMRUSDTM
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDT
Pacifica XMR
BingX XMR-USDT
Hyperliquid XMR
Aster XMRUSDT
Lighter XMR
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
BloFin XMR-USDT
Variational Omni XMR
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Backpack XMR_USDC_PERP
Aftermath Perps XMRUSD