Funding you earn now, next payment 08:00 UTC−0.0556%/8h= −60.9% APRpaid last 24h −0.111%
Price spread now: Kraken Futures against Orderly−0.156%7-day average −0.141% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.522%−$52 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.156%, 7d avg −0.141%
=The price spread sits at its 7-day average of −0.141%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XMR_USDC | 576.74 | 0.1171 | pay 0.1171% / 8h | 56m 46s | $41K | $517K | 10x |
| Short | Kraken Futures PF_XMRUSD | 575.84 | 0.0614 | get 0.0077% / 1h | 56m 46s | $5.4M | $12.3M | 50x |
Orderly PERP_XMR_USDC
Kraken Futures PF_XMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. 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
- −$116.8
- Price spread: −0.156% → −0.141%
- −$1.57
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$134.37
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 15.71 bp | 24.5 bp −$24 | 45.4 bp −$454 | 286.4 bp −$28.6K | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 −0.0004% | 1h | 576.17 | −0.099% | $33K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +1.007% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 578.04 | +0.226% | $1.0M | $540K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 576.52 | −0.038% | $28K | $1.8M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 576.25 | −0.085% | $2K | $1.4M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 576.00 | −0.128% | $1.1M | $1.3M | 20x | as long as short |
| Extended XMR-USD | +0.0104% | 1h | 576.49 | −0.044% | $3.0M | $8.0M | 25x | as long as short |
| Backpack XMR_USDC_PERP | +0.0144% | 1h | 576.53 | −0.036% | $175K | $479K | 20x | as long as short |
| Aevo XMR-PERP | +0.0232% | 1h | 576.94 | +0.034% | $12K | — | 3x | as long as short |
| KuCoin XMRUSDTM | +0.0294% | 8h | 575.90 | −0.146% | $45.5M | $20.5M | 50x | 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
Backpack XMR_USDC_PERP
Aevo XMR-PERP
KuCoin XMRUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter XMR | +0.0296% | 1h | 576.46 | −0.049% | $3.1M | $5.8M | 10x | as long as short |
| Hyperliquid XMR | +0.0344% | 1h | 576.58 | −0.028% | $87.4M | $63.1M | 5x | as long as short |
| SoDEX XMR-USD | +0.0539% | 1h | 576.80 | +0.010% | $438K | $3K | 5x | as long as short |
| Bybit XMRUSDT | +0.0541% | 8h | 576.68 | −0.010% | $46.7M | $55.2M | 75x | as long as short |
| Bitget XMRUSDT | +0.0559% | 8h | 576.76 | +0.003% | $9.6M | $11.1M | 50x | as long as short |
| BingX XMR-USDT | +0.0568% | 8h | 577.32 | +0.101% | — | $5.3M | — | as long as short |
| Binance XMRUSDT | +0.0580% | 8h | 576.44 | −0.052% | $52.4M | $121.3M | 75x | as long as short |
| MEXC XMR_USDT | +0.0585% | 8h | 576.72 | −0.003% | $20.2M | $11.0M | 100x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.0614% | 1h | 575.84 | −0.156% | $5.4M | $12.3M | 50x | |
| Gate XMR_USDT | +0.0616% | 8h | 576.22 | −0.090% | $1.5M | $2.8M | 50x | as long as short |
| Paradex XMR-USD-PERP | +0.0633% | 8h | 576.79 | +0.008% | $8K | $3K | 20x | as long as short |
| Pacifica XMR | +0.0735% | 1h | 576.69 | −0.008% | $273K | $846K | 10x | as long as short |
| Aster XMRUSDT | +0.0740% | 8h | 576.48 | −0.045% | $644K | $1.8M | 75x | as long as short |
| BloFin XMR-USDT | +0.0932% | 8h | 576.78 | +0.007% | $2.7M | $10.5M | 75x | as long as short |
| GRVT XMR_USDT_Perp | +0.0940% | 8h | 577.61 | +0.151% | $335K | $652K | 10x | as long as short |
| Variational Omni XMR | +0.1008% | 8h | 577.39 | +0.113% | $6.3M | $2.3M | — | as long as short |
| Orderly PERP_XMR_USDClong | +0.1171% | 8h | 576.74 | long leg | $41K | $517K | 10x | |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1171% / S −0.1547% | 1h | 575.91 | −0.144% | $600K | — | 100x | as long as short |
| Nado XMR-PERP | +0.1356% | 1h | 576.68 | −0.011% | $1.3M | $435K | 10x | as long as short |
| dYdX XMR-USD | +0.1500% | 1h | 575.73 | −0.174% | $104K | $30K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1801% | 1h | 576.69 | −0.009% | $1K | $41K | 10x | as long as short |
Lighter XMR
Hyperliquid XMR
SoDEX XMR-USD
Bybit XMRUSDT
Bitget XMRUSDT
BingX XMR-USDT
Binance XMRUSDT
MEXC XMR_USDT
Gate XMR_USDT
Paradex XMR-USD-PERP
Pacifica XMR
Aster XMRUSDT
BloFin XMR-USDT
GRVT XMR_USDT_Perp
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Nado XMR-PERP
dYdX XMR-USD
Aftermath Perps XMRUSD