XMR

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0445%/8h= −48.8% APRnext payment −$0.56 per $10,000 · paid last 24h +0.037%

Price spread now: Kraken Futures against Polymarket Perps−0.194%7-day average −0.153% · you buy dearer than you sell

Net, funding: paid 7d − costs−$72as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$650.652% of the position

Long on Polymarket Perps Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.070%−$7 on $10k

Price spread, last 3 days (all we have)−0.007%−$1 · spread now −0.194%, 7d avg −0.153%

Together, before fees−0.077%−$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Kraken Futures is 0.042% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.153%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.070% in total (about -3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.56 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XMR-USD	586.69	0.1095	pay 0.0137% / 1h	3m 03s	$48K	$1.9M	5x
Short	Kraken Futures PF_XMRUSD	585.55	0.0649	get 0.0081% / 1h	3m 03s	$5.6M	$20.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Polymarket Perps. 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 Polymarket PerpsbpFee Kraken FuturesbpOrdersPrice spread, now −0.194%Rate

Funding earned: −$93.55
Price spread: −0.194% → −0.153%: −$4.17
Slippage, 4 orders: −$47.22
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$162.94
Costs to cover: 0.652%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 6 min ago; Kraken Futures: live order book, 1 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 Polymarket Perps live order book, 6 min ago	2.97 bp	7.1 bp −$7	7.6 bp −$76	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 1 min ago	11.34 bp	32.3 bp −$32	47.1 bp −$471	150.0 bp −$15.0K	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 −0.0009%	1h	585.70	−0.170%	$34K	—	150x	as long as short
Injective XMR/USDC PERP	+0.0033%	1h	596.76	+1.716%	$3K	$4K	12x	as long as short
edgeX XMRUSDC	+0.0100%	4h	588.69	+0.342%	$1.0M	$662K	10x	as long as short
SunX XMR-USDT	+0.0100%	8h	586.57	−0.020%	$2K	$2.0M	20x	as long as short
HTX XMR-USDT	+0.0100%	8h	586.00	−0.118%	$1.1M	$1.6M	20x	as long as short
dYdX XMR-USD	+0.0118%	1h	586.31	−0.065%	$106K	$50K	5x	as long as short
Aevo XMR-PERP	+0.0192%	1h	587.00	+0.053%	$12K	—	3x	as long as short
MEXC XMR_USDT	+0.0436%	8h	586.57	−0.020%	$21.2M	$15.3M	100x	as long as short
Binance XMRUSDT	+0.0437%	8h	585.98	−0.121%	$53.5M	$167.1M	75x	as long as short
Bitget XMRUSDT	+0.0565%	8h	586.14	−0.094%	$9.6M	$14.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin XMR-USDT	+0.0632%	8h	586.86	+0.029%	$2.7M	$11.5M	75x	as long as short
Aster XMRUSDT	+0.0634%	8h	586.71	+0.003%	$651K	$2.5M	75x	as long as short
Kraken Futures PF_XMRUSDshort	+0.0649%	1h	585.55	−0.194%	$5.6M	$20.5M	50x
Gate XMR_USDT	+0.0652%	8h	586.03	−0.112%	$1.6M	$4.7M	50x	as long as short
Pacifica XMR	+0.0659%	1h	587.30	+0.103%	$270K	$1.1M	10x	as long as short
KuCoin XMRUSDTM	+0.0728%	8h	586.89	+0.034%	$48.1M	$26.0M	50x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0890% / S −0.2573%	1h	585.53	−0.198%	$546K	—	100x	as long as short
Variational Omni XMR	+0.0927%	8h	587.94	+0.212%	$6.7M	$2.6M	—	as long as short
GRVT XMR_USDT_Perp	+0.0961%	8h	589.16	+0.421%	$342K	$792K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0984%	1h	585.89	−0.136%	$183K	$535K	20x	as long as short
Orderly PERP_XMR_USDC	+0.1041%	8h	586.69	0.000%	$42K	$733K	10x	as long as short
Polymarket Perps XMR-USDlong	+0.1095%	1h	586.69	long leg	$48K	$1.9M	5x
Lighter XMR	+0.1152%	1h	586.74	+0.009%	$3.3M	$7.2M	10x	as long as short
BingX XMR-USDT	+0.1165%	8h	586.54	−0.026%	—	$5.8M	—	as long as short
Bybit XMRUSDT	+0.1180%	8h	585.85	−0.143%	$47.0M	$64.7M	75x	as long as short
Paradex XMR-USD-PERP	+0.1260%	8h	587.29	+0.102%	$8K	$4K	20x	as long as short
SoDEX XMR-USD	+0.1262%	1h	586.69	0.000%	$446K	$3K	5x	as long as short
Nado XMR-PERP	+0.1372%	1h	587.13	+0.076%	$1.3M	$464K	10x	as long as short
Hyperliquid XMR	+0.1867%	1h	586.63	−0.010%	$89.0M	$72.8M	5x	as long as short
Extended XMR-USD	+0.2376%	1h	585.99	−0.120%	$3.1M	$8.0M	25x	as long as short
Aftermath Perps XMRUSD	+0.2659%	1h	586.94	+0.042%	$1K	$46K	10x	as long as short