XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0514%/8h= +56.3% APRnext payment +$0.64 per $10,000 · paid last 24h +0.039%

Price spread now: Kraken Futures against Polymarket Perps−0.141%7-day average −0.160% · you buy dearer than you sell

Net, funding: paid 7d − costs−$69as in the Funding arb table

Net, price: spread back to 7d avg − costs−$59as in the Price arb table

costs, in and out, $10k−$610.606% of the position

Long on Polymarket Perps Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.079%−$8 on $10k

Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.141%, 7d avg −0.160%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.160%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.079%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.079% in total (about -4.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.64 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XMR-USD	576.71	0.0100	pay 0.0013% / 1h	57m 52s	$28K	$1.8M	5x
Short	Kraken Futures PF_XMRUSD	575.89	0.0614	get 0.0077% / 1h	57m 52s	$5.4M	$12.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Polymarket Perps. 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 Polymarket PerpsbpFee Kraken FuturesbpOrdersPrice spread, now −0.141%Rate

Funding earned: $108
Price spread: −0.141% → −0.160%: $1.84
Slippage, 4 orders: −$42.61
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $49.23
Costs to cover: 0.606%
Break-even: 3.8 days

Slippage from Polymarket Perps: live order book, 6 min ago; Kraken Futures: live order book, 1 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 Polymarket Perps live order book, 6 min ago	2.78 bp	8.3 bp −$8	9.0 bp −$90	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	15.71 bp	24.5 bp −$24	45.4 bp −$454	286.4 bp −$28.6K	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 −0.0004%	1h	576.12	−0.102%	$33K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	582.55	+1.013%	$3K	$3K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	577.59	+0.152%	$1.0M	$563K	10x	as long as short
Polymarket Perps XMR-USDlong	+0.0100%	1h	576.71	long leg	$28K	$1.8M	5x
SunX XMR-USDT	+0.0100%	8h	576.21	−0.087%	$2K	$1.4M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	578.55	+0.319%	$1.1M	$1.3M	20x	as long as short
Extended XMR-USD	+0.0104%	1h	576.67	−0.007%	$3.0M	$8.0M	25x	as long as short
Backpack XMR_USDC_PERP	+0.0205%	1h	576.51	−0.035%	$175K	$479K	20x	as long as short
Lighter XMR	+0.0232%	1h	576.00	−0.124%	$3.1M	$5.8M	10x	as long as short
Aevo XMR-PERP	+0.0232%	1h	577.24	+0.093%	$12K	—	3x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hyperliquid XMR	+0.0284%	1h	576.14	−0.099%	$87.3M	$63.1M	5x	as long as short
KuCoin XMRUSDTM	+0.0291%	8h	576.70	−0.002%	$45.6M	$20.5M	50x	as long as short
dYdX XMR-USD	+0.0513%	1h	576.21	−0.086%	$104K	$39K	5x	as long as short
SoDEX XMR-USD	+0.0534%	1h	576.94	+0.040%	$438K	$3K	5x	as long as short
Bybit XMRUSDT	+0.0546%	8h	576.16	−0.095%	$46.7M	$55.3M	75x	as long as short
Bitget XMRUSDT	+0.0564%	8h	576.45	−0.045%	$9.6M	$11.1M	50x	as long as short
BingX XMR-USDT	+0.0573%	8h	576.97	+0.045%	—	$5.3M	—	as long as short
MEXC XMR_USDT	+0.0591%	8h	575.85	−0.149%	$20.2M	$11.0M	100x	as long as short
Binance XMRUSDT	+0.0592%	8h	576.33	−0.066%	$52.4M	$121.5M	75x	as long as short
Kraken Futures PF_XMRUSDshort	+0.0614%	1h	575.89	−0.141%	$5.4M	$12.3M	50x
Gate XMR_USDT	+0.0620%	8h	576.61	−0.017%	$1.6M	$2.8M	50x	as long as short
Paradex XMR-USD-PERP	+0.0644%	8h	576.72	+0.002%	$8K	$3K	20x	as long as short
Pacifica XMR	+0.0735%	1h	576.78	+0.013%	$273K	$846K	10x	as long as short
Aster XMRUSDT	+0.0746%	8h	576.43	−0.048%	$644K	$1.8M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0940%	8h	577.61	+0.156%	$335K	$652K	10x	as long as short
BloFin XMR-USDT	+0.0941%	8h	577.91	+0.208%	$2.7M	$10.6M	75x	as long as short
Variational Omni XMR	+0.1008%	8h	577.39	+0.119%	$6.3M	$2.3M	—	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.1171% / S −0.1566%	1h	576.09	−0.107%	$597K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.1171%	8h	576.77	+0.010%	$41K	$519K	10x	as long as short
Nado XMR-PERP	+0.1408%	1h	576.71	+0.001%	$1.3M	$435K	10x	as long as short
Aftermath Perps XMRUSD	+0.1796%	1h	576.87	+0.028%	$1K	$41K	10x	as long as short