Funding you earn now, next payment 08:00 UTC−0.0320%/8h= −35.0% APRnext payment −$0.40 per $10,000 · paid last 24h −0.080%
Price spread now: Kraken Futures against Nado−0.257%7-day average −0.170% · 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−$69as in the Price arb table
costs, in and out, $10k−$600.605% of the position
Funding, last 4 days (all we have)−0.507%−$51 on $10k
+Price spread, last 4 days (all we have)+0.092%+$9 · spread now −0.257%, 7d avg −0.170%
=Together, before fees−0.415%+ Points / potential airdropNado: Active · farm board−$41 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.087% cheaper against Nado than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.170%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado XMR-PERP | 572.14 | 0.0940 | pay 0.0117% / 1h | 2m 15s | $1.2M | $319K | 10x |
| Short | Kraken Futures PF_XMRUSD | 570.67 | 0.0620 | get 0.0077% / 1h | 2m 15s | $5.4M | $9.4M | 50x |
Nado XMR-PERP
Kraken Futures PF_XMRUSDFunding 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
- −$67.21
- Price spread: −0.257% → −0.170%
- −$8.69
- Slippage, 4 orders
- −$43.46
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$136.36
- Costs to cover
- 0.605%
- Break-even
- never at this rate
Slippage from Nado: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 1 min ago | 6.73 bp | 10.3 bp −$10 | 34.7 bp −$347 | 16140.5 bp −$1.61M | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 7.53 bp | 24.2 bp −$24 | 40.5 bp −$405 | 132.8 bp −$13.3K | 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 −0.0005% | 1h | 570.73 | −0.246% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.820% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 572.41 | +0.048% | $1.0M | $547K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 571.76 | −0.066% | $30K | $1.7M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 571.55 | −0.103% | $2K | $1.2M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 571.93 | −0.036% | $1.1M | $1.1M | 20x | as long as short |
| Extended XMR-USD | +0.0168% | 1h | 571.43 | −0.124% | $3.0M | $7.8M | 25x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 571.79 | −0.061% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0318% | 8h | 571.68 | −0.080% | $45.2M | $18.1M | 50x | as long as short |
| Lighter XMR | +0.0368% | 1h | 571.63 | −0.089% | $3.1M | $5.9M | 10x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Extended XMR-USD
Aevo XMR-PERP
KuCoin XMRUSDTM
Lighter XMRShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0425% | 8h | 571.49 | −0.113% | $46.3M | $50.2M | 75x | as long as short |
| Gate XMR_USDT | +0.0434% | 8h | 571.18 | −0.167% | $1.6M | $2.9M | 50x | as long as short |
| BingX XMR-USDT | +0.0492% | 8h | 571.56 | −0.101% | — | $5.3M | — | as long as short |
| Binance XMRUSDT | +0.0497% | 8h | 571.62 | −0.090% | $52.2M | $108.6M | 75x | as long as short |
| MEXC XMR_USDT | +0.0500% | 8h | 571.71 | −0.075% | $20.1M | $11.2M | 100x | as long as short |
| Bitget XMRUSDT | +0.0525% | 8h | 571.74 | −0.069% | $9.4M | $10.2M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0528% | 1h | 571.51 | −0.110% | $155K | $425K | 20x | as long as short |
| Hyperliquid XMR | +0.0528% | 1h | 572.13 | −0.001% | $86.8M | $60.2M | 5x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.0620% | 1h | 570.67 | −0.257% | $5.4M | $9.4M | 50x | |
| Aster XMRUSDT | +0.0633% | 8h | 571.90 | −0.042% | $639K | $1.7M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0688% | 8h | 571.99 | −0.026% | $8K | $2K | 20x | as long as short |
| Pacifica XMR | +0.0735% | 1h | 572.19 | +0.009% | $267K | $777K | 10x | as long as short |
| BloFin XMR-USDT | +0.0810% | 8h | 571.79 | −0.061% | $2.7M | $10.0M | 75x | as long as short |
| SoDEX XMR-USD | +0.0818% | 1h | 571.63 | −0.089% | $434K | $3K | 5x | as long as short |
| Variational Omni XMR | +0.0837% | 8h | 571.95 | −0.032% | $6.2M | $2.3M | — | as long as short |
| GRVT XMR_USDT_Perp | +0.0837% | 8h | 572.30 | +0.028% | $331K | $639K | 10x | as long as short |
| dYdX XMR-USD | +0.0858% | 1h | 571.14 | −0.175% | $103K | $29K | 5x | as long as short |
| Nado XMR-PERPlong | +0.0940% | 1h | 572.14 | long leg | $1.2M | $319K | 10x | |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1077% / S −0.1372% | 1h | 570.74 | −0.245% | $595K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1134% | 8h | 571.57 | −0.099% | $40K | $435K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2076% | 1h | 572.03 | −0.018% | $1K | $39K | 10x | as long as short |
Bybit XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Hyperliquid XMR
Aster XMRUSDT
Paradex XMR-USD-PERP
Pacifica XMR
BloFin XMR-USDT
SoDEX XMR-USD
Variational Omni XMR
GRVT XMR_USDT_Perp
dYdX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD