Funding you earn now, next payment 09:00 UTC−0.0177%/8h= −19.3% APRnext payment −$0.22 per $10,000 · paid last 24h +0.027%
Price spread now: Kraken Futures against Pacifica−0.131%7-day average −0.159% · you buy dearer than you sell
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$630.631% of the position
Funding, last 7 days+0.205%+$20 on $10k
+Price spread, last 4 days (all we have)+0.250%+$25 · spread now −0.131%, 7d avg −0.159%
=Together, before fees+0.455%+ Points / potential airdropPacifica: Active · farm board+$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.028% dearer against Pacifica than usual: you sell high and buy low (spread −0.131% now, against its 7-day average of −0.159%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 7 days funding on this pair paid +0.205%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica XMR | 570.65 | 0.0550 | pay 0.0069% / 1h | 25m 02s | $268K | $745K | 10x |
| Short | Kraken Futures PF_XMRUSD | 569.91 | 0.0373 | get 0.0047% / 1h | 25m 02s | $5.4M | $8.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Pacifica. 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
- −$37.07
- Price spread: −0.131% → −0.159%
- $2.79
- Slippage, 4 orders
- −$45.06
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$97.34
- Costs to cover
- 0.631%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 24 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 Pacifica live order book, 24 min ago | 4.52 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 7.18 bp | 18.0 bp −$18 | 37.3 bp −$373 | 132.3 bp −$13.2K | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0005% | 1h | 570.02 | −0.111% | $34K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 582.55 | +2.084% | $3K | $3K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 570.97 | +0.056% | $1.0M | $531K | 10x | as long as short |
| Polymarket Perps XMR-USD | +0.0100% | 1h | 569.94 | −0.125% | $30K | $1.6M | 5x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 570.20 | −0.080% | $2K | $1.2M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 570.00 | −0.115% | $1.0M | $1.0M | 20x | as long as short |
| Bybit XMRUSDT | +0.0155% | 8h | 571.44 | +0.138% | $46.2M | $48.6M | 75x | as long as short |
| Gate XMR_USDT | +0.0179% | 8h | 570.54 | −0.020% | $1.5M | $2.7M | 50x | as long as short |
| Aevo XMR-PERP | +0.0200% | 1h | 570.38 | −0.047% | $12K | — | 3x | as long as short |
| Lighter XMR | +0.0240% | 1h | 570.81 | +0.027% | $3.0M | $5.5M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XMRUSDTM | +0.0360% | 8h | 570.25 | −0.071% | $45.1M | $17.4M | 50x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.0373% | 1h | 569.91 | −0.131% | $5.4M | $8.6M | 50x | |
| Extended XMR-USD | +0.0392% | 1h | 571.25 | +0.104% | $3.0M | $7.4M | 25x | as long as short |
| GRVT XMR_USDT_Perp | +0.0440% | 8h | 570.16 | −0.086% | $334K | $620K | 10x | as long as short |
| Hyperliquid XMR | +0.0444% | 1h | 571.07 | +0.073% | $86.6M | $58.1M | 5x | as long as short |
| Binance XMRUSDT | +0.0460% | 8h | 571.54 | +0.155% | $52.2M | $102.2M | 75x | as long as short |
| MEXC XMR_USDT | +0.0463% | 8h | 571.29 | +0.111% | $19.9M | $9.7M | 100x | as long as short |
| BingX XMR-USDT | +0.0518% | 8h | 571.29 | +0.111% | — | $5.2M | — | as long as short |
| Bitget XMRUSDT | +0.0549% | 8h | 571.60 | +0.166% | $9.2M | $10.2M | 50x | as long as short |
| Pacifica XMRlong | +0.0550% | 1h | 570.65 | long leg | $268K | $745K | 10x | |
| Aster XMRUSDT | +0.0575% | 8h | 570.29 | −0.063% | $654K | $1.6M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0602% | 8h | 570.24 | −0.072% | $8K | $2K | 20x | as long as short |
| Variational Omni XMR | +0.0764% | 8h | 570.37 | −0.050% | $6.2M | $2.3M | — | as long as short |
| BloFin XMR-USDT | +0.0774% | 8h | 570.93 | +0.048% | $2.7M | $9.7M | 75x | as long as short |
| SoDEX XMR-USD | +0.0838% | 1h | 571.12 | +0.081% | $434K | $4K | 5x | as long as short |
| Nado XMR-PERP | +0.0926% | 1h | 571.28 | +0.110% | $1.2M | $309K | 10x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.1031% / S −0.1284% | 1h | 569.92 | −0.128% | $593K | — | 100x | as long as short |
| Orderly PERP_XMR_USDC | +0.1081% | 8h | 571.02 | +0.064% | $40K | $408K | 10x | as long as short |
| Backpack XMR_USDC_PERP | +0.1171% | 1h | 570.98 | +0.057% | $128K | $421K | 20x | as long as short |
| dYdX XMR-USD | +0.1655% | 1h | 569.25 | −0.246% | $103K | $28K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1985% | 1h | 571.08 | +0.074% | $1K | $38K | 10x | as long as short |
Pacifica XMR
Kraken Futures PF_XMRUSD
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
Polymarket Perps XMR-USD
SunX XMR-USDT
HTX XMR-USDT
Bybit XMRUSDT
Gate XMR_USDT
Lighter XMR
KuCoin XMRUSDTM
Extended XMR-USD
GRVT XMR_USDT_Perp
Hyperliquid XMR
Binance XMRUSDT
MEXC XMR_USDT
BingX XMR-USDT
Bitget XMRUSDT
Aster XMRUSDT
Paradex XMR-USD-PERP
Variational Omni XMR
BloFin XMR-USDT
SoDEX XMR-USD
GMX XMR/USD [WBTC.b-USDC]
Backpack XMR_USDC_PERP
Aftermath Perps XMRUSD