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

XMR

all XMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0087%/8h= −9.5% APRpaid last 24h −0.015%
Price spread now: Kraken Futures against Gate−0.102%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$760.760% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.033%+$3 on $10k
Price spread, last 3 days (all we have)+0.155%+$16 · spread now −0.102%, 7d avg −0.054%
Together, before fees+0.188%+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Kraken Futures is 0.048% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.054%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate XMR_USDT596.360.0469pay 0.0469% / 8h1h 46m$1.6M$4.5M50x
ShortKraken Futures PF_XMRUSD595.750.0382get 0.0048% / 1h46m 57s$5.7M$20.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Gate. 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
−$18.24
Price spread: −0.102% → −0.054%
−$4.77
Slippage, 4 orders
−$50.98
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
−$98.99
Costs to cover
0.760%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Kraken Futures: live order book, 2 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 Gate live order book, 1 min ago6.04 bp25.4 bp −$2549.4 bp −$494doesn't fitdoesn't fit
Sell Kraken Futures live order book, 2 min ago8.97 bp17.2 bp −$1739.9 bp −$399194.2 bp −$19.4Kdoesn't fit

XMR on 31 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 −0.0009%1h595.97−0.065%$44K150xas long as short
Bybit XMRUSDT+0.0100%8h597.49+0.189%$48.3M$61.4M75xas long as short
edgeX XMRUSDC+0.0100%4h594.76−0.268%$1.1M$666K10xas long as short
SunX XMR-USDT+0.0100%8h596.05−0.052%$2K$1.9M20xas long as short
Aevo XMR-PERP+0.0168%1h597.15+0.133%$12K3xas long as short
Variational Omni XMR+0.0246%8h594.49−0.313%$6.9M$2.7Mas long as short
MEXC XMR_USDT+0.0336%8h598.06+0.285%$22.4M$14.9M100xas long as short
Binance XMRUSDT+0.0336%8h596.74+0.064%$54.8M$162.7M75xas long as short
BingX XMR-USDT+0.0375%8h597.08+0.121%$5.7Mas long as short
Kraken Futures PF_XMRUSDshort+0.0382%1h595.75−0.102%$5.7M$20.4M50x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica XMR+0.0387%1h596.79+0.072%$270K$1.0M10xas long as short
Bitget XMRUSDT+0.0396%8h597.23+0.146%$9.9M$14.2M50xas long as short
Gate XMR_USDTlong+0.0469%8h596.36long leg$1.6M$4.5M50x
BloFin XMR-USDT+0.0478%8h596.69+0.055%$2.8M$11.5M75xas long as short
Aster XMRUSDT+0.0536%8h597.04+0.113%$672K$2.3M75xas long as short
KuCoin XMRUSDTM+0.0560%8h596.77+0.069%$48.8M$25.8M50xas long as short
GRVT XMR_USDT_Perp+0.0591%8h595.56−0.134%$354K$785K10xas long as short
Injective XMR/USDC PERP+0.0695%1h591.89−0.750%$3K$6K12xas long as short
Polymarket Perps XMR-USD+0.0741%1h597.08+0.121%$23K$1.8M5xas long as short
GMX XMR/USD [WBTC.b-USDC]L +0.0823% / S −0.1341%1h595.82−0.091%$341K100xas long as short
Lighter XMR+0.0856%1h596.66+0.050%$3.5M$6.7M10xas long as short
SoDEX XMR-USD+0.0863%1h596.77+0.069%$454K$3K5xas long as short
Paradex XMR-USD-PERP+0.0885%8h596.80+0.073%$8K$4K20xas long as short
Orderly PERP_XMR_USDC+0.0904%8h596.62+0.044%$48K$719K10xas long as short
Backpack XMR_USDC_PERP+0.0996%1h596.19−0.029%$203K$574K20xas long as short
dYdX XMR-USD+0.1411%1h595.44−0.154%$108K$50K5xas long as short
Nado XMR-PERP+0.1639%1h596.65+0.049%$1.3M$479K10xas long as short
Extended XMR-USD+0.1736%1h597.62+0.211%$3.1M$6.8M25xas long as short
Hyperliquid XMR+0.1899%1h597.16+0.134%$88.2M$67.2M5xas long as short
HTX XMR-USDT+0.2157%8h593.33−0.508%$1.1M$1.5M20xas long as short
Aftermath Perps XMRUSD+0.2461%1h596.40+0.006%$2K$47K10xas long as short