XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0015%/8h= −1.7% APRnext payment −$0.02 per $10,000 · paid last 24h +0.145%

Price spread now: dYdX against Kraken Futures+0.020%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$328as in the Funding arb table

Net, price: spread back to 7d avg − costs−$373as in the Price arb table

costs, in and out, $10k−$3773.773% of the position

Long on Kraken Futures Short on dYdX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.491%+$49 on $10k

Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.020%, 7d avg −0.024%

Together, before fees+0.332%+$33 on $10k · with fees, hour by hour

The price spread pays, funding is against you. dYdX is 0.043% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.024%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.491%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XMRUSD	570.30	0.0751	pay 0.0094% / 1h	45m 32s	$5.4M	$19.1M	50x
Short	dYdX XMR-USD	570.41	0.0735	get 0.0092% / 1h	45m 32s	$103K	$44K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

dYdX 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 dYdXbpOrdersPrice spread, now +0.020%Rate

Funding earned: −$3.25
Price spread: +0.020% → −0.024%: $4.32
Slippage, 4 orders: −$357.32
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee dYdX: 5 bp × 2 orders: −$10
Net: −$376.25
Costs to cover: 3.773%
Break-even: never at this rate

Slippage from Kraken Futures: live order book, 3 min ago; dYdX: live order book, 3 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, 3 min ago	6.39 bp	11.8 bp −$12	28.2 bp −$282	103.6 bp −$10.4K	doesn't fit
Sell dYdX live order book, 3 min ago	85.26 bp	246.9 bp −$247	270.5 bp −$2,705	429.5 bp −$42.9K	1160.4 bp −$580.2K

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 −0.0003%	1h	570.29	−0.003%	$37K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+2.148%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	571.99	+0.296%	$1.0M	$645K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	570.83	+0.093%	$2K	$1.9M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	571.73	+0.250%	$1.1M	$1.6M	20x	as long as short
Aevo XMR-PERP	+0.0232%	1h	571.62	+0.231%	$12K	—	3x	as long as short
KuCoin XMRUSDTM	+0.0291%	8h	570.98	+0.119%	$44.8M	$26.5M	50x	as long as short
Bitget XMRUSDT	+0.0564%	8h	571.13	+0.145%	$9.4M	$13.5M	50x	as long as short
Gate XMR_USDT	+0.0595%	8h	571.53	+0.215%	$1.5M	$4.3M	50x	as long as short
Binance XMRUSDT	+0.0605%	8h	571.29	+0.173%	$52.3M	$163.4M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC XMR_USDT	+0.0606%	8h	571.53	+0.215%	$19.7M	$14.6M	100x	as long as short
BingX XMR-USDT	+0.0661%	8h	571.38	+0.189%	—	$5.7M	—	as long as short
Bybit XMRUSDT	+0.0704%	8h	571.32	+0.179%	$46.3M	$64.7M	75x	as long as short
dYdX XMR-USDshort	+0.0735%	1h	570.41	+0.020%	$103K	$44K	5x
Kraken Futures PF_XMRUSDlong	+0.0751%	1h	570.30	long leg	$5.4M	$19.1M	50x
Aster XMRUSDT	+0.0754%	8h	571.18	+0.155%	$640K	$2.3M	75x	as long as short
Extended XMR-USD	+0.0784%	1h	571.20	+0.158%	$3.0M	$8.3M	25x	as long as short
Polymarket Perps XMR-USD	+0.0847%	1h	571.14	+0.147%	$28K	$2.2M	5x	as long as short
Paradex XMR-USD-PERP	+0.0857%	8h	571.30	+0.174%	$8K	$4K	20x	as long as short
Pacifica XMR	+0.0912%	1h	571.47	+0.205%	$265K	$1.0M	10x	as long as short
BloFin XMR-USDT	+0.0995%	8h	571.72	+0.249%	$2.7M	$11.2M	75x	as long as short
GRVT XMR_USDT_Perp	+0.1008%	8h	571.63	+0.233%	$330K	$728K	10x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1032% / S −0.1349%	1h	570.01	−0.051%	$590K	—	100x	as long as short
Lighter XMR	+0.1144%	1h	571.43	+0.197%	$3.1M	$7.5M	10x	as long as short
Orderly PERP_XMR_USDC	+0.1184%	8h	571.24	+0.165%	$40K	$720K	10x	as long as short
Variational Omni XMR	+0.1188%	8h	571.45	+0.202%	$6.3M	$2.3M	—	as long as short
Hyperliquid XMR	+0.1251%	1h	571.47	+0.205%	$86.2M	$71.4M	5x	as long as short
SoDEX XMR-USD	+0.1494%	1h	571.35	+0.184%	$434K	$3K	5x	as long as short
Backpack XMR_USDC_PERP	+0.1500%	1h	570.88	+0.101%	$168K	$535K	20x	as long as short
Nado XMR-PERP	+0.1571%	1h	571.53	+0.216%	$1.3M	$458K	10x	as long as short
Aftermath Perps XMRUSD	+0.2077%	1h	571.40	+0.192%	$1K	$43K	10x	as long as short