Funding you earn now, next payment 03:00 UTC−0.0334%/8h= −36.6% APRnext payment −$0.42 per $10,000 · paid last 24h −0.038%
Price spread now: Kraken Futures against SoDEX−0.235%7-day average −0.160% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$700.704% of the position
Funding, last 3 days (all we have)−0.254%−$25 on $10k
+Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.235%, 7d avg −0.160%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Kraken Futures is 0.075% cheaper against SoDEX than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.160%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX XMR-USD | 588.24 | 0.1285 | pay 0.0161% / 1h | 52m 11s | $447K | $3K | 5x |
| Short | Kraken Futures PF_XMRUSD | 586.86 | 0.0950 | get 0.0119% / 1h | 52m 11s | $5.6M | $19.9M | 50x |
SoDEX XMR-USD
Kraken Futures PF_XMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SoDEX. 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
- −$70.2
- Price spread: −0.235% → −0.160%
- −$7.55
- Slippage, 4 orders
- −$52.37
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$148.12
- Costs to cover
- 0.704%
- Break-even
- never at this rate
Slippage from SoDEX: live order book, 11 min ago; Kraken Futures: live order book, 2 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 SoDEX live order book, 11 min ago | 0.09 bp | 12.7 bp −$13 | 49.0 bp −$490 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 12.08 bp | 20.2 bp −$20 | 37.0 bp −$370 | 139.2 bp −$13.9K | doesn't fit |
XMR on 30 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 −0.0010% | 1h | 587.48 | −0.129% | $35K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.448% | $3K | $4K | 12x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 584.27 | −0.675% | $1.0M | $661K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 587.49 | −0.127% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 587.00 | −0.211% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0208% | 1h | 588.41 | +0.030% | $12K | — | 3x | as long as short |
| dYdX XMR-USD | +0.0419% | 1h | 587.36 | −0.150% | $106K | $50K | 5x | as long as short |
| Polymarket Perps XMR-USD | +0.0439% | 1h | 588.55 | +0.053% | $32K | $2.1M | 5x | as long as short |
| MEXC XMR_USDT | +0.0519% | 8h | 588.52 | +0.048% | $20.9M | $15.1M | 100x | as long as short |
| Backpack XMR_USDC_PERP | +0.0520% | 1h | 586.10 | −0.364% | $173K | $537K | 20x | as long as short |
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
dYdX XMR-USD
Polymarket Perps XMR-USD
MEXC XMR_USDT
Backpack XMR_USDC_PERPShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance XMRUSDT | +0.0523% | 8h | 588.12 | −0.020% | $53.5M | $167.1M | 75x | as long as short |
| Bitget XMRUSDT | +0.0620% | 8h | 588.27 | +0.005% | $9.6M | $14.2M | 50x | as long as short |
| Lighter XMR | +0.0624% | 1h | 587.89 | −0.059% | $3.3M | $7.1M | 10x | as long as short |
| Aster XMRUSDT | +0.0714% | 8h | 588.00 | −0.041% | $655K | $2.4M | 75x | as long as short |
| Bybit XMRUSDT | +0.0720% | 8h | 588.06 | −0.031% | $47.7M | $64.8M | 75x | as long as short |
| Gate XMR_USDT | +0.0729% | 8h | 587.98 | −0.044% | $1.6M | $4.5M | 50x | as long as short |
| BingX XMR-USDT | +0.0732% | 8h | 588.23 | −0.002% | — | $5.7M | — | as long as short |
| KuCoin XMRUSDTM | +0.0788% | 8h | 587.98 | −0.044% | $48.3M | $26.0M | 50x | as long as short |
| Nado XMR-PERP | +0.0906% | 1h | 588.91 | +0.113% | $1.3M | $461K | 10x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.0950% | 1h | 586.86 | −0.235% | $5.6M | $19.9M | 50x | |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0983% / S −0.1266% | 1h | 587.67 | −0.098% | $655K | — | 100x | as long as short |
| Pacifica XMR | +0.0996% | 1h | 588.32 | +0.014% | $271K | $1.1M | 10x | as long as short |
| GRVT XMR_USDT_Perp | +0.1022% | 8h | 584.30 | −0.670% | $342K | $773K | 10x | as long as short |
| Variational Omni XMR | +0.1068% | 8h | 586.36 | −0.319% | $6.6M | $2.4M | — | as long as short |
| Orderly PERP_XMR_USDC | +0.1081% | 8h | 588.17 | −0.012% | $42K | $736K | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1117% | 8h | 588.66 | +0.072% | $8K | $4K | 20x | as long as short |
| Hyperliquid XMR | +0.1137% | 1h | 588.77 | +0.090% | $88.6M | $71.8M | 5x | as long as short |
| SoDEX XMR-USDlong | +0.1285% | 1h | 588.24 | long leg | $447K | $3K | 5x | |
| Extended XMR-USD | +0.1560% | 1h | 588.09 | −0.026% | $3.2M | $8.0M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2601% | 1h | 585.15 | −0.525% | $2K | $46K | 10x | as long as short |
Binance XMRUSDT
Bitget XMRUSDT
Lighter XMR
Aster XMRUSDT
Bybit XMRUSDT
Gate XMR_USDT
BingX XMR-USDT
KuCoin XMRUSDTM
Nado XMR-PERP
GMX XMR/USD [WBTC.b-USDC]
Pacifica XMR
GRVT XMR_USDT_Perp
Variational Omni XMR
Orderly PERP_XMR_USDC
Paradex XMR-USD-PERP
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD