Spread before costs (cost unknown: a leg has no order-book sample)−0.030%
7d average−0.028%if it closes, per $10,000$3funding while held, a day+$38.21
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XMRUSD | 573.42 | 0.0945 | pay 0.0118% / 1h | 36m 15s | $5.6M | $18.3M | 50x |
| Short | GMX XMR/USD [WBTC.b-USDC] | 573.25 | L +0.1172% / S −0.2219% | get 0.0277% / 1h | 36m 15s | $264K | — | 100x |
Kraken Futures PF_XMRUSD
GMX XMR/USD [WBTC.b-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$3.03
- Funding while held
- $38.21
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- $13.18
- Spread needed to break even
- 0.220%
Slippage unknown: Kraken Futures: live order book, 4 min ago; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1274%
- Per $10,000 a day
- +$38.21
- Average in range /8h
- —
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 Kraken Futures live order book, 4 min ago | 15.04 bp | 24.7 bp −$25 | 38.6 bp −$386 | 332.9 bp −$33.3K | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 price on every exchange
against the cheapest. Click to use as the short leg.Aster572.92cheapest
AsterGMX573.25+0.058%
KuCoin573.34+0.073%SunX573.36+0.077%dYdX573.39+0.082%
KuCoin
SunX
dYdXKraken Futures573.42+0.088%
gTrade (Gains Network)573.53+0.107%Polymarket Perps573.57+0.113%Pacifica573.58+0.116%Hyperliquid573.61+0.120%Gate573.72+0.139%Backpack573.72+0.139%Paradex573.83+0.159%HTX573.88+0.167%Lighter573.89+0.169%SoDEX573.99+0.187%Binance574.00+0.188%Extended574.02+0.193%Nado574.10+0.206%MEXC574.13+0.211%BloFin574.14+0.213%BingX574.15+0.215%Orderly574.21+0.225%Bybit574.24+0.230%Aevo574.30+0.241%Bitget574.33+0.246%Aftermath Perps575.01+0.364%edgeX577.06+0.722%Variational Omni577.46+0.791%Injective578.59+0.990%
gTrade (Gains Network)
Polymarket Perps
Pacifica
Hyperliquid
Gate
Backpack
Paradex
HTX
Lighter
SoDEX
Binance
Extended
Nado
MEXC
BloFin
BingX
Orderly
Bybit
Aevo
Bitget
Variational Omni
InjectiveXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | −0.088% | +0.0812% | 8h | $666K | $2.3M | 75x | as long as short |
| GMX XMR/USD [WBTC.b-USDC]short | −0.030% | L +0.1172% / S −0.2219% | 1h | $264K | — | 100x | |
| KuCoin XMRUSDTM | −0.015% | +0.0676% | 8h | $46.8M | $24.1M | 50x | as long as short |
| SunX XMR-USDT | −0.011% | +0.0100% | 8h | $2K | $1.9M | 20x | as long as short |
| dYdX XMR-USD | −0.006% | +0.0103% | 1h | $104K | $37K | 5x | as long as short |
| Kraken Futures PF_XMRUSDlong | 0.000% | +0.0945% | 1h | $5.6M | $18.3M | 50x | |
| gTrade (Gains Network) XMR/USD | +0.019% | L +0.0010% / S −0.0008% | 1h | $32K | — | 150x | as long as short |
| Polymarket Perps XMR-USD | +0.025% | +0.0478% | 1h | $15K | $1.7M | 5x | as long as short |
| Pacifica XMR | +0.028% | +0.0727% | 1h | $272K | $1.1M | 10x | as long as short |
| Hyperliquid XMR | +0.032% | +0.0779% | 1h | $80.7M | $56.4M | 5x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Gate XMR_USDT | +0.052% | +0.0436% | 8h | $1.5M | $4.2M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.052% | +0.0370% | 1h | $171K | $528K | 20x | as long as short |
| Paradex XMR-USD-PERP | +0.071% | +0.0684% | 8h | $8K | $3K | 20x | as long as short |
| HTX XMR-USDT | +0.079% | +0.4325% | 8h | $1.1M | $1.4M | 20x | as long as short |
| Lighter XMR | +0.081% | +0.0176% | 1h | $3.5M | $6.0M | 10x | as long as short |
| SoDEX XMR-USD | +0.099% | +0.0343% | 1h | $436K | $4K | 5x | as long as short |
| Binance XMRUSDT | +0.100% | +0.0589% | 8h | $54.2M | $154.6M | 75x | as long as short |
| Extended XMR-USD | +0.105% | +0.0872% | 1h | $3.2M | $6.9M | 25x | as long as short |
| Nado XMR-PERP | +0.118% | +0.0694% | 1h | $1.3M | $465K | 10x | as long as short |
| MEXC XMR_USDT | +0.123% | +0.0596% | 8h | $21.8M | $14.2M | 100x | as long as short |
| BloFin XMR-USDT | +0.125% | +0.0827% | 8h | $2.9M | $10.3M | 75x | as long as short |
| BingX XMR-USDT | +0.126% | +0.0714% | 8h | — | $5.7M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.137% | +0.1346% | 8h | $52K | $713K | 10x | as long as short |
| Bybit XMRUSDT | +0.142% | +0.0126% | 8h | $46.5M | $56.2M | 75x | as long as short |
| Aevo XMR-PERP | +0.153% | +0.0232% | 1h | $12K | — | 3x | as long as short |
| Bitget XMRUSDT | +0.158% | +0.0743% | 8h | $9.8M | $14.4M | 50x | as long as short |
| Aftermath Perps XMRUSD | +0.276% | +0.2089% | 1h | $1K | $48K | 10x | as long as short |
| edgeX XMRUSDC | +0.634% | +0.0100% | 4h | $1.0M | $678K | 10x | as long as short |
| Variational Omni XMR | +0.703% | +0.0770% | 8h | $6.9M | $4.3M | — | as long as short |
| Injective XMR/USDC PERP | +0.901% | +0.0033% | 1h | $3K | $85K | 12x | as long as short |