Funding you earn now, next payment 23:00 UTC−0.0313%/8h= −34.2% APRnext payment −$0.39 per $10,000 · paid last 24h +0.188%
Price spread now: Kraken Futures against Injective+0.653%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Kraken Futures is 0.653% dearer against Injective than usual: you sell high and buy low (spread +0.653% now, against zero (this spread has no 7-day history yet)): +$65 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XMR/USDC PERP | 591.89 | 0.0695 | pay 0.0087% / 1h | 46m 56s | $3K | $6K | 12x |
| Short | Kraken Futures PF_XMRUSD | 595.75 | 0.0382 | get 0.0048% / 1h | 46m 56s | $5.7M | $20.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Injective. 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
- −$65.67
- Price spread: +0.653% → 0.000%
- $65.25
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$10.43
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 2 min ago | 8.97 bp | 17.2 bp −$17 | 39.9 bp −$399 | 194.2 bp −$19.4K | doesn't fit |
Injective: 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 −0.0009% | 1h | 595.97 | +0.690% | $44K | — | 150x | as long as short |
| Bybit XMRUSDT | +0.0100% | 8h | 597.49 | +0.946% | $48.3M | $61.4M | 75x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 594.76 | +0.485% | $1.1M | $666K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 596.05 | +0.703% | $2K | $1.9M | 20x | as long as short |
| Aevo XMR-PERP | +0.0168% | 1h | 597.15 | +0.890% | $12K | — | 3x | as long as short |
| Variational Omni XMR | +0.0246% | 8h | 594.49 | +0.440% | $6.9M | $2.7M | — | as long as short |
| MEXC XMR_USDT | +0.0336% | 8h | 598.06 | +1.042% | $22.4M | $14.9M | 100x | as long as short |
| Binance XMRUSDT | +0.0336% | 8h | 596.74 | +0.819% | $54.8M | $162.7M | 75x | as long as short |
| BingX XMR-USDT | +0.0375% | 8h | 597.08 | +0.877% | — | $5.7M | — | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.0382% | 1h | 595.75 | +0.653% | $5.7M | $20.4M | 50x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica XMR | +0.0387% | 1h | 596.79 | +0.827% | $270K | $1.0M | 10x | as long as short |
| Bitget XMRUSDT | +0.0396% | 8h | 597.23 | +0.902% | $9.9M | $14.2M | 50x | as long as short |
| Gate XMR_USDT | +0.0469% | 8h | 596.36 | +0.755% | $1.6M | $4.5M | 50x | as long as short |
| BloFin XMR-USDT | +0.0478% | 8h | 596.69 | +0.811% | $2.8M | $11.5M | 75x | as long as short |
| Aster XMRUSDT | +0.0536% | 8h | 597.04 | +0.869% | $672K | $2.3M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0560% | 8h | 596.77 | +0.824% | $48.8M | $25.8M | 50x | as long as short |
| GRVT XMR_USDT_Perp | +0.0591% | 8h | 595.56 | +0.620% | $354K | $785K | 10x | as long as short |
| Injective XMR/USDC PERPlong | +0.0695% | 1h | 591.89 | long leg | $3K | $6K | 12x | |
| Polymarket Perps XMR-USD | +0.0741% | 1h | 597.08 | +0.877% | $23K | $1.8M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0823% / S −0.1341% | 1h | 595.82 | +0.664% | $341K | — | 100x | as long as short |
| Lighter XMR | +0.0856% | 1h | 596.66 | +0.806% | $3.5M | $6.7M | 10x | as long as short |
| SoDEX XMR-USD | +0.0863% | 1h | 596.77 | +0.824% | $454K | $3K | 5x | as long as short |
| Paradex XMR-USD-PERP | +0.0885% | 8h | 596.80 | +0.829% | $8K | $4K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.0904% | 8h | 596.62 | +0.799% | $48K | $719K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.0996% | 1h | 596.19 | +0.726% | $203K | $574K | 20x | as long as short |
| dYdX XMR-USD | +0.1411% | 1h | 595.44 | +0.600% | $108K | $50K | 5x | as long as short |
| Nado XMR-PERP | +0.1639% | 1h | 596.65 | +0.805% | $1.3M | $479K | 10x | as long as short |
| Extended XMR-USD | +0.1736% | 1h | 597.62 | +0.967% | $3.1M | $6.8M | 25x | as long as short |
| Hyperliquid XMR | +0.1899% | 1h | 597.16 | +0.890% | $88.2M | $67.2M | 5x | as long as short |
| HTX XMR-USDT | +0.2157% | 8h | 593.33 | +0.243% | $1.1M | $1.5M | 20x | as long as short |
| Aftermath Perps XMRUSD | +0.2461% | 1h | 596.40 | +0.761% | $2K | $47K | 10x | as long as short |
Injective XMR/USDC PERP
Kraken Futures PF_XMRUSD
gTrade (Gains Network) XMR/USD
Bybit XMRUSDT
edgeX XMRUSDC
SunX XMR-USDT
Variational Omni XMR
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Pacifica XMR
Bitget XMRUSDT
Gate XMR_USDT
BloFin XMR-USDT
Aster XMRUSDT
KuCoin XMRUSDTM
GRVT XMR_USDT_Perp
Polymarket Perps XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Lighter XMR
SoDEX XMR-USD
Paradex XMR-USD-PERP
Backpack XMR_USDC_PERP
Extended XMR-USD
Hyperliquid XMR
HTX XMR-USDT
Aftermath Perps XMRUSD