XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0854%/8h= +93.5% APRnext payment +$1.07 per $10,000 · paid last 24h −0.186%

Price spread now: Injective against Kraken Futures−0.530%63s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on Injective

What this pair did over the last

the charts below follow

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

Funding pays, the price is against you. Injective is 0.530% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.530% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$53 on $10k: about 2.1 days of funding at the current rate (+$26 a day). The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XMRUSD	599.94	0.0458	pay 0.0057% / 1h	45m 25s	$5.7M	$20.5M	50x
Short	Injective XMR/USDC PERP	596.76	0.1312	get 0.0164% / 1h	45m 25s	$3K	$6K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective against Kraken Futures. 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 Kraken FuturesbpFee InjectivebpOrdersPrice spread, now −0.530%Rate

Funding earned: $179.35
Price spread: −0.530% → 0.000%: −$52.96
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: $116.37
Costs to cover: 0.100%
Break-even: 2.5 days

Slippage unknown: Kraken Futures: live order book, 4 min ago; Injective: no order-book sample. 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 Kraken Futures live order book, 4 min ago	9.81 bp	15.2 bp −$15	28.6 bp −$286	250.6 bp −$25.1K	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

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	600.87	+0.155%	$45K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	600.80	+0.144%	$49.1M	$62.9M	75x	as long as short
edgeX XMRUSDC	+0.0100%	4h	601.19	+0.208%	$1.1M	$667K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	600.88	+0.157%	$2K	$2.0M	20x	as long as short
Lighter XMR	+0.0136%	1h	600.28	+0.058%	$3.4M	$6.9M	10x	as long as short
Aevo XMR-PERP	+0.0160%	1h	601.10	+0.194%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0328%	8h	600.43	+0.082%	$22.3M	$14.9M	100x	as long as short
Binance XMRUSDT	+0.0329%	8h	600.72	+0.130%	$55.0M	$164.1M	75x	as long as short
Backpack XMR_USDC_PERP	+0.0375%	1h	600.29	+0.059%	$205K	$575K	20x	as long as short
Variational Omni XMR	+0.0386%	8h	600.48	+0.091%	$7.0M	$2.5M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XMR-USDT	+0.0402%	8h	600.70	+0.127%	—	$5.7M	—	as long as short
Bitget XMRUSDT	+0.0429%	8h	600.98	+0.174%	$10.0M	$14.3M	50x	as long as short
Kraken Futures PF_XMRUSDlong	+0.0458%	1h	599.94	long leg	$5.7M	$20.5M	50x
BloFin XMR-USDT	+0.0466%	8h	599.65	−0.048%	$2.8M	$11.7M	75x	as long as short
Gate XMR_USDT	+0.0525%	8h	600.36	+0.070%	$1.7M	$4.6M	50x	as long as short
Pacifica XMR	+0.0565%	1h	600.62	+0.114%	$282K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0576%	8h	600.16	+0.037%	$49.0M	$26.0M	50x	as long as short
Aster XMRUSDT	+0.0586%	8h	600.97	+0.172%	$692K	$2.4M	75x	as long as short
GRVT XMR_USDT_Perp	+0.0609%	8h	601.84	+0.317%	$351K	$786K	10x	as long as short
Polymarket Perps XMR-USD	+0.0718%	1h	600.66	+0.120%	$23K	$1.8M	5x	as long as short
SoDEX XMR-USD	+0.0757%	1h	600.88	+0.157%	$457K	$3K	5x	as long as short
Paradex XMR-USD-PERP	+0.0860%	8h	600.56	+0.104%	$8K	$4K	20x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0888% / S −0.2517%	1h	600.76	+0.137%	$571K	—	100x	as long as short
Orderly PERP_XMR_USDC	+0.0945%	8h	601.13	+0.199%	$44K	$729K	10x	as long as short
Nado XMR-PERP	+0.1140%	1h	600.73	+0.132%	$1.3M	$475K	10x	as long as short
Injective XMR/USDC PERPshort	+0.1312%	1h	596.76	−0.530%	$3K	$6K	12x
Hyperliquid XMR	+0.1639%	1h	601.33	+0.232%	$90.6M	$70.2M	5x	as long as short
Extended XMR-USD	+0.1784%	1h	600.51	+0.096%	$3.2M	$6.9M	25x	as long as short
HTX XMR-USDT	+0.1992%	8h	599.63	−0.051%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2325%	1h	601.42	+0.247%	$2K	$46K	10x	as long as short
dYdX XMR-USD	+0.2751%	1h	599.71	−0.039%	$109K	$50K	5x	as long as short