Funding you earn now, next payment 01:00 UTC+0.0610%/8h= +66.8% APRnext payment +$0.76 per $10,000 · paid last 24h +0.034%
Price spread now: SoDEX against Kraken Futures+0.211%7-day average +0.159% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$610.606% of the position
Funding, last 3 days (all we have)+0.247%+$25 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.211%, 7d avg +0.159%
=Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and SoDEX is 0.053% dearer against Kraken Futures than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.159%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XMRUSD | 589.64 | 0.0645 | pay 0.0081% / 1h | 22m 00s | $5.6M | $20.5M | 50x |
| Short | SoDEX XMR-USD | 590.89 | 0.1255 | get 0.0157% / 1h | 22m 00s | $449K | $3K | 5x |
Kraken Futures PF_XMRUSD
SoDEX XMR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $128.04
- Price spread: +0.211% → +0.159%
- $5.29
- Slippage, 4 orders
- −$42.64
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- $72.69
- Costs to cover
- 0.606%
- Break-even
- 3.0 days
Slippage from Kraken Futures: live order book, 2 min ago; SoDEX: live order book, 52 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 | 8.80 bp | 16.4 bp −$16 | 28.7 bp −$287 | 113.7 bp −$11.4K | doesn't fit |
| Sell SoDEX live order book, 52 min ago | 0.42 bp | 13.4 bp −$13 | 45.8 bp −$458 | doesn't fit | 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 −0.0009% | 1h | 589.80 | +0.026% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.207% | $3K | $4K | 12x | as long as short |
| dYdX XMR-USD | +0.0063% | 1h | 590.14 | +0.084% | $107K | $50K | 5x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 592.74 | +0.525% | $1.1M | $660K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 590.07 | +0.072% | $2K | $2.0M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 590.54 | +0.152% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0192% | 1h | 590.90 | +0.214% | $12K | — | 3x | as long as short |
| Binance XMRUSDT | +0.0432% | 8h | 590.59 | +0.160% | $53.9M | $166.9M | 75x | as long as short |
| MEXC XMR_USDT | +0.0432% | 8h | 590.88 | +0.210% | $21.4M | $15.3M | 100x | as long as short |
| Bitget XMRUSDT | +0.0542% | 8h | 590.99 | +0.228% | $9.7M | $14.4M | 50x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
dYdX XMR-USD
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin XMR-USDT | +0.0623% | 8h | 591.83 | +0.371% | $2.8M | $11.6M | 75x | as long as short |
| Aster XMRUSDT | +0.0633% | 8h | 590.73 | +0.184% | $658K | $2.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSDlong | +0.0645% | 1h | 589.64 | long leg | $5.6M | $20.5M | 50x | |
| Pacifica XMR | +0.0659% | 1h | 591.15 | +0.255% | $278K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0694% | 8h | 590.84 | +0.203% | $48.5M | $26.0M | 50x | as long as short |
| Variational Omni XMR | +0.0851% | 8h | 593.40 | +0.637% | $6.8M | $2.6M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0871% / S −0.2458% | 1h | 589.74 | +0.016% | $550K | — | 100x | as long as short |
| Gate XMR_USDT | +0.0885% | 8h | 590.40 | +0.128% | $1.6M | $4.6M | 50x | as long as short |
| Orderly PERP_XMR_USDC | +0.1041% | 8h | 590.75 | +0.188% | $42K | $739K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.1050% | 1h | 590.29 | +0.110% | $200K | $527K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.1084% | 8h | 592.83 | +0.540% | $350K | $792K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.1180% | 1h | 590.90 | +0.213% | $48K | $1.9M | 5x | as long as short |
| Bybit XMRUSDT | +0.1208% | 8h | 591.10 | +0.247% | $47.7M | $64.5M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.1253% | 8h | 590.75 | +0.188% | $8K | $4K | 20x | as long as short |
| SoDEX XMR-USDshort | +0.1255% | 1h | 590.89 | +0.211% | $449K | $3K | 5x | |
| Lighter XMR | +0.1264% | 1h | 590.84 | +0.203% | $3.3M | $7.1M | 10x | as long as short |
| BingX XMR-USDT | +0.1284% | 8h | 590.90 | +0.213% | — | $5.8M | — | as long as short |
| Nado XMR-PERP | +0.1443% | 1h | 591.25 | +0.273% | $1.3M | $466K | 10x | as long as short |
| Hyperliquid XMR | +0.2025% | 1h | 591.36 | +0.291% | $89.9M | $72.7M | 5x | as long as short |
| Extended XMR-USD | +0.2520% | 1h | 590.88 | +0.209% | $3.2M | $7.9M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2612% | 1h | 591.11 | +0.249% | $1K | $46K | 10x | as long as short |
BloFin XMR-USDT
Aster XMRUSDT
Pacifica XMR
KuCoin XMRUSDTM
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Gate XMR_USDT
Orderly PERP_XMR_USDC
Backpack XMR_USDC_PERP
GRVT XMR_USDT_Perp
Polymarket Perps XMR-USD
Bybit XMRUSDT
Paradex XMR-USD-PERP
Lighter XMR
BingX XMR-USDT
Nado XMR-PERP
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD