After costs, if the gap returns to its 7d average, $10k−$44
spread now+0.125%7d average+0.134%fees + slippage, in and out−$43spread needed0.428%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XMRUSD | 574.24 | 0.1344 | pay 0.0168% / 1h | 29m 55s | $5.7M | $18.2M | 50x |
| Short | Lighter XMR | 574.96 | 0.0976 | get 0.0122% / 1h | 29m 55s | $3.6M | $5.8M | 10x |
Kraken Futures PF_XMRUSD
Lighter XMRPrice 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
- $12.47
- Funding while held
- −$11.05
- Slippage, 4 orders
- −$32.8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$41.39
- Spread needed to break even
- 0.428%
Slippage from Kraken Futures: live order book, 6 min ago; Lighter: live order book, 5 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0368%
- Per $10,000 a day
- −$11.05
- 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, 6 min ago | 7.93 bp | 20.0 bp −$20 | 33.6 bp −$336 | 112.0 bp −$11.2K | doesn't fit |
| Sell Lighter live order book, 5 min ago | 2.31 bp | 3.8 bp −$4 | 13.2 bp −$132 | 109.2 bp −$10.9K | doesn't fit |
XMR price on every exchange
against the cheapest. Click to use as the short leg.dYdX573.22cheapestgTrade (Gains Network)573.35+0.023%Variational Omni573.43+0.036%SunX573.60+0.066%GMX573.67+0.077%edgeX573.84+0.107%HTX573.96+0.129%Aftermath Perps574.02+0.139%Extended574.14+0.160%Bybit574.20+0.171%
dYdX
gTrade (Gains Network)
Variational Omni
SunX
GMX
HTX
Extended
BybitKraken Futures574.24+0.178%
BingX574.34+0.195%Binance574.37+0.200%KuCoin574.40+0.205%Pacifica574.52+0.227%Orderly574.56+0.233%MEXC574.60+0.240%Gate574.70+0.258%Polymarket Perps574.77+0.270%Aster574.77+0.271%Paradex574.78+0.273%Backpack574.88+0.289%Hyperliquid574.90+0.293%BloFin574.92+0.296%
BingX
Binance
KuCoin
Pacifica
Orderly
MEXC
Gate
Polymarket Perps
Aster
Paradex
Backpack
Hyperliquid
BloFinLighter574.96+0.303%
Bitget575.04+0.317%SoDEX575.04+0.317%Aevo575.18+0.342%Nado575.36+0.374%Injective578.59+0.936%
Bitget
SoDEX
Aevo
Nado
InjectiveXMR on 30 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX XMR-USD | −0.178% | +0.0270% | 1h | $104K | $45K | 5x | as long as short |
| gTrade (Gains Network) XMR/USD | −0.155% | L +0.0010% / S −0.0009% | 1h | $47K | — | 150x | as long as short |
| Variational Omni XMR | −0.142% | +0.1201% | 8h | $6.8M | $4.5M | — | as long as short |
| SunX XMR-USDT | −0.112% | +0.0100% | 8h | $2K | $2.0M | 20x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | −0.101% | L +0.0957% / S −0.1664% | 1h | $262K | — | 100x | as long as short |
| edgeX XMRUSDC | −0.071% | +0.0100% | 4h | $1.0M | $673K | 10x | as long as short |
| HTX XMR-USDT | −0.049% | +0.4356% | 8h | $1.0M | $1.3M | 20x | as long as short |
| Aftermath Perps XMRUSD | −0.039% | +0.1956% | 1h | $1K | $48K | 10x | as long as short |
| Extended XMR-USD | −0.018% | +0.0512% | 1h | $3.0M | $7.3M | 25x | as long as short |
| Bybit XMRUSDT | −0.008% | +0.0144% | 8h | $46.3M | $55.7M | 75x | as long as short |
Show all 30 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XMRUSDlong | 0.000% | +0.1344% | 1h | $5.7M | $18.2M | 50x | |
| BingX XMR-USDT | +0.017% | +0.1129% | 8h | — | $5.6M | — | as long as short |
| Binance XMRUSDT | +0.022% | +0.1048% | 8h | $55.2M | $152.7M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.027% | +0.0934% | 8h | $46.6M | $23.7M | 50x | as long as short |
| Pacifica XMR | +0.049% | +0.0665% | 1h | $280K | $1.1M | 10x | as long as short |
| Orderly PERP_XMR_USDC | +0.055% | +0.2101% | 8h | $41K | $685K | 10x | as long as short |
| MEXC XMR_USDT | +0.062% | +0.1047% | 8h | $21.9M | $14.0M | 100x | as long as short |
| Gate XMR_USDT | +0.079% | +0.0411% | 8h | $1.7M | $4.2M | 50x | as long as short |
| Polymarket Perps XMR-USD | +0.092% | +0.1137% | 1h | $11K | $1.6M | 5x | as long as short |
| Aster XMRUSDT | +0.092% | +0.1085% | 8h | $662K | $2.3M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.094% | +0.0750% | 8h | $8K | $4K | 20x | as long as short |
| Backpack XMR_USDC_PERP | +0.111% | +0.0759% | 1h | $192K | $393K | 20x | as long as short |
| Hyperliquid XMR | +0.114% | +0.0993% | 1h | $78.7M | $53.2M | 5x | as long as short |
| BloFin XMR-USDT | +0.118% | +0.1552% | 8h | $2.9M | $10.0M | 75x | as long as short |
| Lighter XMRshort | +0.125% | +0.0976% | 1h | $3.6M | $5.8M | 10x | |
| Bitget XMRUSDT | +0.139% | +0.1182% | 8h | $9.9M | $14.3M | 50x | as long as short |
| SoDEX XMR-USD | +0.139% | +0.1071% | 1h | $437K | $4K | 5x | as long as short |
| Aevo XMR-PERP | +0.164% | +0.0344% | 1h | $12K | — | 3x | as long as short |
| Nado XMR-PERP | +0.195% | +0.1396% | 1h | $1.3M | $439K | 10x | as long as short |
| Injective XMR/USDC PERP | +0.757% | +0.0033% | 1h | $3K | $91K | 12x | as long as short |