Settings8H · net · $10k
Funding arb · Price arb /

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado XMR-PERP586.610.1389pay 0.0174% / 1h59m 46s$1.3M$466K10x
ShortKraken Futures PF_XMRUSD585.190.1306get 0.0163% / 1h59m 46s$5.5M$20.5M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Nado live order book, 4 min ago8.52 bp12.0 bp −$1234.9 bp −$34915634.1 bp −$1.56Mdoesn't fit
Sell Kraken Futures live order book, 4 min ago6.74 bp18.5 bp −$1936.8 bp −$368143.0 bp −$14.3Kdoesn't fit

XMR on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XMR/USDL +0.0010% / S −0.0010%1h585.18−0.244%$35K150xas long as short
Injective XMR/USDC PERP+0.0033%1h596.76+1.729%$3K$4K12xas long as short
edgeX XMRUSDC+0.0100%4h586.69+0.012%$1.0M$669K10xas long as short
SunX XMR-USDT+0.0100%8h585.68−0.159%$2K$1.9M20xas long as short
HTX XMR-USDT+0.0100%8h585.42−0.204%$1.1M$1.6M20xas long as short
Aevo XMR-PERP+0.0208%1h586.55−0.010%$12K3xas long as short
dYdX XMR-USD+0.0394%1h585.60−0.173%$106K$50K5xas long as short
Binance XMRUSDT+0.0521%8h586.47−0.025%$53.5M$167.9M75xas long as short
MEXC XMR_USDT+0.0523%8h586.51−0.018%$20.9M$15.3M100xas long as short
Bitget XMRUSDT+0.0620%8h586.77+0.026%$9.6M$14.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster XMRUSDT+0.0710%8h586.42−0.034%$653K$2.5M75xas long as short
BingX XMR-USDT+0.0757%8h587.01+0.067%$5.8Mas long as short
Bybit XMRUSDT+0.0761%8h586.63+0.003%$47.5M$65.0M75xas long as short
KuCoin XMRUSDTM+0.0779%8h585.93−0.117%$48.0M$26.1M50xas long as short
Gate XMR_USDT+0.0782%8h585.86−0.129%$1.6M$4.6M50xas long as short
Pacifica XMR+0.0821%1h586.57−0.008%$270K$1.1M10xas long as short
Polymarket Perps XMR-USD+0.0864%1h586.20−0.071%$31K$2.1M5xas long as short
Backpack XMR_USDC_PERP+0.0870%1h585.87−0.127%$173K$539K20xas long as short
Lighter XMR+0.0960%1h586.29−0.056%$3.3M$7.2M10xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0967% / S −0.1233%1h585.14−0.251%$652K100xas long as short
Variational Omni XMR+0.1060%8h586.46−0.026%$6.7M$2.5Mas long as short
GRVT XMR_USDT_Perp+0.1061%8h586.38−0.039%$343K$773K10xas long as short
Orderly PERP_XMR_USDC+0.1081%8h586.34−0.047%$42K$736K10xas long as short
Paradex XMR-USD-PERP+0.1194%8h586.31−0.051%$8K$4K20xas long as short
Hyperliquid XMR+0.1272%1h586.80+0.032%$88.6M$73.1M5xas long as short
Kraken Futures PF_XMRUSDshort+0.1306%1h585.19−0.243%$5.5M$20.5M50x
Nado XMR-PERPlong+0.1389%1h586.61long leg$1.3M$466K10x
SoDEX XMR-USD+0.1536%1h586.44−0.030%$446K$3K5xas long as short
Extended XMR-USD+0.1728%1h586.48−0.023%$3.1M$8.0M25xas long as short
Aftermath Perps XMRUSD+0.2669%1h586.15−0.080%$1K$46K10xas long as short