XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0053%/8h= −5.8% APRnext payment −$0.07 per $10,000 · paid last 24h −0.073%

Price spread now: Lighter against Kraken Futures+0.139%7-day average +0.146% · you sell dearer than you buy

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$390.391% of the position

Long on Kraken Futures Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days−0.090%−$9 on $10k

Price spread, last 4 days (all we have)−0.178%−$18 · spread now +0.139%, 7d avg +0.146%

Together, before fees−0.268%+ Points / potential airdropLighter: Season 3 · farm board−$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.146%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XMRUSD	569.73	0.0373	pay 0.0047% / 1h	2m 19s	$5.4M	$7.5M	50x
Short	Lighter XMR	570.52	0.0320	get 0.0040% / 1h	2m 19s	$3.0M	$5.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter 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 LighterbpOrdersPrice spread, now +0.139%Rate

Funding earned: −$11.15
Price spread: +0.139% → +0.146%: −$0.7
Slippage, 4 orders: −$29.1
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Lighter: 0 bp × 2 orders: $0
Net: −$50.94
Costs to cover: 0.391%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 2 min ago; Lighter: live order book, 6 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	6.92 bp	14.0 bp −$14	45.1 bp −$451	500.3 bp −$50.0K	doesn't fit
Sell Lighter live order book, 6 min ago	3.12 bp	6.0 bp −$6	16.8 bp −$168	178.2 bp −$17.8K	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
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0005%	1h	569.79	+0.010%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.250%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	571.04	+0.229%	$1.0M	$529K	10x	as long as short
Polymarket Perps XMR-USD	+0.0100%	1h	570.39	+0.116%	$30K	$1.5M	5x	as long as short
SunX XMR-USDT	+0.0100%	8h	570.25	+0.091%	$2K	$1.1M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	570.75	+0.179%	$1.1M	$1.0M	20x	as long as short
Aevo XMR-PERP	+0.0200%	1h	570.77	+0.182%	$12K	—	3x	as long as short
Lighter XMRshort	+0.0320%	1h	570.52	+0.139%	$3.0M	$5.6M	10x
Kraken Futures PF_XMRUSDlong	+0.0373%	1h	569.73	long leg	$5.4M	$7.5M	50x
Gate XMR_USDT	+0.0386%	8h	570.56	+0.146%	$1.6M	$2.7M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin XMRUSDTM	+0.0454%	8h	570.38	+0.114%	$45.2M	$17.0M	50x	as long as short
MEXC XMR_USDT	+0.0463%	8h	570.80	+0.188%	$19.9M	$9.7M	100x	as long as short
Binance XMRUSDT	+0.0466%	8h	570.77	+0.183%	$52.2M	$97.7M	75x	as long as short
Bybit XMRUSDT	+0.0477%	8h	570.74	+0.177%	$46.3M	$46.9M	75x	as long as short
Pacifica XMR	+0.0550%	1h	571.37	+0.288%	$270K	$736K	10x	as long as short
Aster XMRUSDT	+0.0567%	8h	571.03	+0.228%	$660K	$1.5M	75x	as long as short
BingX XMR-USDT	+0.0573%	8h	570.79	+0.186%	—	$5.0M	—	as long as short
Hyperliquid XMR	+0.0587%	1h	570.64	+0.160%	$86.6M	$55.9M	5x	as long as short
Bitget XMRUSDT	+0.0609%	8h	570.80	+0.188%	$9.3M	$10.1M	50x	as long as short
Extended XMR-USD	+0.0616%	1h	570.63	+0.159%	$3.0M	$7.3M	25x	as long as short
GRVT XMR_USDT_Perp	+0.0707%	8h	570.25	+0.090%	$331K	$639K	10x	as long as short
Paradex XMR-USD-PERP	+0.0739%	8h	571.65	+0.337%	$8K	$1K	20x	as long as short
BloFin XMR-USDT	+0.0780%	8h	572.19	+0.432%	$2.7M	$9.6M	75x	as long as short
Variational Omni XMR	+0.0787%	8h	572.38	+0.465%	$6.1M	$2.4M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0982% / S −0.1195%	1h	569.66	−0.013%	$592K	—	100x	as long as short
Nado XMR-PERP	+0.0985%	1h	571.01	+0.226%	$1.2M	$228K	10x	as long as short
SoDEX XMR-USD	+0.1043%	1h	570.82	+0.191%	$434K	$4K	5x	as long as short
Orderly PERP_XMR_USDC	+0.1092%	8h	570.58	+0.149%	$40K	$394K	10x	as long as short
Backpack XMR_USDC_PERP	+0.1190%	1h	571.92	+0.384%	$128K	$415K	20x	as long as short
dYdX XMR-USD	+0.1807%	1h	570.59	+0.151%	$103K	$26K	5x	as long as short
Aftermath Perps XMRUSD	+0.2060%	1h	570.73	+0.175%	$1K	$38K	10x	as long as short