Funding you earn now, next payment 02:00 UTC−0.0083%/8h= −9.0% APRnext payment −$0.10 per $10,000 · paid last 24h −0.102%
Price spread now: Kraken Futures against Nado−0.243%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$620.620% of the position
Funding, last 3 days (all we have)−0.476%−$48 on $10k
+Price spread, last 3 days (all we have)+0.079%+$8 · spread now −0.243%, 7d avg −0.164%
=Together, before fees−0.397%+ Points / potential airdropNado: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Kraken Futures is 0.079% cheaper against Nado than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.164%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XMR-PERP | 586.61 | 0.1389 | pay 0.0174% / 1h | 59m 46s | $1.3M | $466K | 10x |
| Short | Kraken Futures PF_XMRUSD | 585.19 | 0.1306 | get 0.0163% / 1h | 59m 46s | $5.5M | $20.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Nado. 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
- −$17.35
- Price spread: −0.243% → −0.164%
- −$7.91
- Slippage, 4 orders
- −$45.02
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$87.27
- Costs to cover
- 0.620%
- Break-even
- never at this rate
Slippage from Nado: live order book, 4 min ago; Kraken Futures: live order book, 4 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 Nado live order book, 4 min ago | 8.52 bp | 12.0 bp −$12 | 34.9 bp −$349 | 15634.1 bp −$1.56M | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 6.74 bp | 18.5 bp −$19 | 36.8 bp −$368 | 143.0 bp −$14.3K | doesn't fit |
XMR on 30 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 −0.0010% | 1h | 585.18 | −0.244% | $35K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.729% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 586.69 | +0.012% | $1.0M | $669K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 585.68 | −0.159% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 585.42 | −0.204% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 586.55 | −0.010% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0394% | 1h | 585.60 | −0.173% | $106K | $50K | 5x | as long as short |
| Binance XMRUSDT | +0.0521% | 8h | 586.47 | −0.025% | $53.5M | $167.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0523% | 8h | 586.51 | −0.018% | $20.9M | $15.3M | 100x | as long as short |
| Bitget XMRUSDT | +0.0620% | 8h | 586.77 | +0.026% | $9.6M | $14.2M | 50x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0710% | 8h | 586.42 | −0.034% | $653K | $2.5M | 75x | as long as short |
| BingX XMR-USDT | +0.0757% | 8h | 587.01 | +0.067% | — | $5.8M | — | as long as short |
| Bybit XMRUSDT | +0.0761% | 8h | 586.63 | +0.003% | $47.5M | $65.0M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0779% | 8h | 585.93 | −0.117% | $48.0M | $26.1M | 50x | as long as short |
| Gate XMR_USDT | +0.0782% | 8h | 585.86 | −0.129% | $1.6M | $4.6M | 50x | as long as short |
| Pacifica XMR | +0.0821% | 1h | 586.57 | −0.008% | $270K | $1.1M | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0864% | 1h | 586.20 | −0.071% | $31K | $2.1M | 5x | as long as short |
| Backpack XMR_USDC_PERP | +0.0870% | 1h | 585.87 | −0.127% | $173K | $539K | 20x | as long as short |
| Lighter XMR | +0.0960% | 1h | 586.29 | −0.056% | $3.3M | $7.2M | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0967% / S −0.1233% | 1h | 585.14 | −0.251% | $652K | — | 100x | as long as short |
| Variational Omni XMR | +0.1060% | 8h | 586.46 | −0.026% | $6.7M | $2.5M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.1061% | 8h | 586.38 | −0.039% | $343K | $773K | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.1081% | 8h | 586.34 | −0.047% | $42K | $736K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1194% | 8h | 586.31 | −0.051% | $8K | $4K | 20x | as long as short |
| Hyperliquid XMR | +0.1272% | 1h | 586.80 | +0.032% | $88.6M | $73.1M | 5x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.1306% | 1h | 585.19 | −0.243% | $5.5M | $20.5M | 50x | |
| Nado XMR-PERPlong | +0.1389% | 1h | 586.61 | long leg | $1.3M | $466K | 10x | |
| SoDEX XMR-USD | +0.1536% | 1h | 586.44 | −0.030% | $446K | $3K | 5x | as long as short |
| Extended XMR-USD | +0.1728% | 1h | 586.48 | −0.023% | $3.1M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2669% | 1h | 586.15 | −0.080% | $1K | $46K | 10x | as long as short |
Kraken Futures PF_XMRUSD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDT
Aster XMRUSDT
BingX XMR-USDT
Bybit XMRUSDT
KuCoin XMRUSDTM
Gate XMR_USDT
Pacifica XMR
Polymarket Perps XMR-USD
Backpack XMR_USDC_PERP
Lighter XMR
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
GRVT XMR_USDT_Perp
Paradex XMR-USD-PERP
Hyperliquid XMR
SoDEX XMR-USD
Extended XMR-USD
Aftermath Perps XMRUSD