Funding you earn now, next payment 04:00 UTC−0.0539%/8h= −59.0% APRnext payment −$0.67 per $10,000 · paid last 24h −0.089%
Price spread now: Kraken Futures against Extended−0.195%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$500.499% of the position
Funding, last 7 days−0.377%−$38 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.195%, 7d avg −0.142%
=Together, before fees−0.175%+ Points / potential airdropExtended: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Kraken Futures is 0.053% cheaper against Extended than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.142%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.377% in total (about -19.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.67 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 | Extended XMR-USD | 576.42 | 0.0688 | pay 0.0086% / 1h | 40m 23s | $3.1M | $8.3M | 25x |
| Short | Kraken Futures PF_XMRUSD | 575.29 | 0.0149 | get 0.0019% / 1h | 40m 23s | $5.4M | $19.5M | 50x |
Extended XMR-USD
Kraken Futures PF_XMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- −$113.19
- Price spread: −0.195% → −0.142%
- −$5.32
- Slippage, 4 orders
- −$34.91
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$168.42
- Costs to cover
- 0.499%
- Break-even
- never at this rate
Slippage from Extended: live order book, 4 min ago; Kraken Futures: live order book, 4 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 Extended live order book, 4 min ago | 3.29 bp | 7.3 bp −$7 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 9.81 bp | 20.0 bp −$20 | 37.6 bp −$376 | 134.2 bp −$13.4K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +1.064% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0010% | 1h | 575.86 | −0.097% | $45K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 576.02 | −0.069% | $3.3M | $7.4M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 576.73 | +0.054% | $1.0M | $653K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 576.33 | −0.015% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 578.85 | +0.422% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.0149% | 1h | 575.29 | −0.195% | $5.4M | $19.5M | 50x | |
| Polymarket Perps XMR-USD | +0.0158% | 1h | 576.81 | +0.068% | $19K | $2.2M | 5x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 576.72 | +0.052% | $12K | — | 3x | as long as short |
| Gate XMR_USDT | +0.0404% | 8h | 576.42 | 0.000% | $1.5M | $4.5M | 50x | as long as short |
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Polymarket Perps XMR-USD
Aevo XMR-PERP
Gate XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit XMRUSDT | +0.0412% | 8h | 576.66 | +0.042% | $46.8M | $64.0M | 75x | as long as short |
| Backpack XMR_USDC_PERP | +0.0421% | 1h | 576.05 | −0.064% | $169K | $534K | 20x | as long as short |
| MEXC XMR_USDT | +0.0480% | 8h | 577.00 | +0.101% | $20.3M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0480% | 8h | 576.65 | +0.040% | $52.6M | $164.6M | 75x | as long as short |
| BingX XMR-USDT | +0.0534% | 8h | 576.61 | +0.033% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0554% | 8h | 576.91 | +0.085% | $9.4M | $14.0M | 50x | as long as short |
| dYdX XMR-USD | +0.0570% | 1h | 575.40 | −0.177% | $104K | $44K | 5x | as long as short |
| KuCoin XMRUSDTM | +0.0579% | 8h | 576.43 | +0.002% | $45.2M | $26.5M | 50x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 577.31 | +0.155% | $266K | $1.1M | 10x | as long as short |
| Aster XMRUSDT | +0.0685% | 8h | 577.12 | +0.122% | $643K | $2.4M | 75x | as long as short |
| Nado XMR-PERP | +0.0685% | 1h | 577.15 | +0.128% | $1.3M | $465K | 10x | as long as short |
| Extended XMR-USDlong | +0.0688% | 1h | 576.42 | long leg | $3.1M | $8.3M | 25x | |
| Hyperliquid XMR | +0.0706% | 1h | 576.95 | +0.092% | $86.7M | $71.2M | 5x | as long as short |
| BloFin XMR-USDT | +0.0743% | 8h | 577.00 | +0.101% | $2.7M | $11.2M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0774% | 8h | 577.60 | +0.204% | $8K | $4K | 20x | as long as short |
| SoDEX XMR-USD | +0.0834% | 1h | 576.64 | +0.038% | $438K | $3K | 5x | as long as short |
| GRVT XMR_USDT_Perp | +0.0839% | 8h | 576.00 | −0.073% | $334K | $741K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0991% / S −0.1253% | 1h | 575.68 | −0.129% | $592K | — | 100x | as long as short |
| Variational Omni XMR | +0.1031% | 8h | 576.29 | −0.023% | $6.6M | $2.2M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1113% | 8h | 576.52 | +0.018% | $41K | $720K | 10x | as long as short |
| Aftermath Perps XMRUSD | +0.2210% | 1h | 576.82 | +0.069% | $1K | $44K | 10x | as long as short |
Bybit XMRUSDT
Backpack XMR_USDC_PERP
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
dYdX XMR-USD
KuCoin XMRUSDTM
Pacifica XMR
Aster XMRUSDT
Nado XMR-PERP
Hyperliquid XMR
BloFin XMR-USDT
Paradex XMR-USD-PERP
SoDEX XMR-USD
GRVT XMR_USDT_Perp
GMX XMR/USD [WBTC.b-USDC]
Variational Omni XMR
Orderly PERP_XMR_USDC
Aftermath Perps XMRUSD