Funding you earn now, next payment 04:00 UTC−0.0865%/8h= −94.7% APRpaid last 24h +0.032%
Price spread now: Kraken Futures against Variational Omni−0.001%7-day average −0.152% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.001%, 7d avg −0.152%
=Together, before fees+0.117%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Kraken Futures is 0.152% dearer against Variational Omni than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.152%): +$15 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 3 days funding on this pair paid +0.069%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.069% in total (about 7.2% a year). A funding rate is set anew for every payment. 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 | Variational Omni XMR | 574.77 | 0.1014 | pay 0.1014% / 8h | 4h 16m | $6.5M | $2.2M | — |
| Short | Kraken Futures PF_XMRUSD | 574.76 | 0.0149 | get 0.0019% / 1h | 16m 35s | $5.4M | $19.5M | 50x |
Variational Omni XMR
Kraken Futures PF_XMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Variational Omni. 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
- −$181.64
- Price spread: −0.001% → −0.152%
- $15.15
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$176.49
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Kraken Futures: live order book, 2 min ago. 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 Variational Omni RFQ quote, 3 min ago | 4.45 bp | doesn't fit | 14.4 bp −$144 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 2 min ago | 5.49 bp | 16.6 bp −$17 | 35.1 bp −$351 | 125.7 bp −$12.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XMR/USDC PERP | −0.0136% | 1h | 582.55 | +1.354% | $3K | $3K | 12x | as long as short |
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0008% | 1h | 574.75 | −0.003% | $50K | — | 150x | as long as short |
| Lighter XMR | +0.0096% | 1h | 575.37 | +0.104% | $3.3M | $7.5M | 10x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 574.84 | +0.013% | $1.0M | $654K | 10x | as long as short |
| SunX XMR-USDT | +0.0100% | 8h | 575.85 | +0.188% | $2K | $1.9M | 20x | as long as short |
| HTX XMR-USDT | +0.0100% | 8h | 575.18 | +0.072% | $1.1M | $1.6M | 20x | as long as short |
| Kraken Futures PF_XMRUSDshort | +0.0149% | 1h | 574.76 | −0.001% | $5.4M | $19.5M | 50x | |
| Aevo XMR-PERP | +0.0200% | 1h | 575.94 | +0.204% | $12K | — | 3x | as long as short |
| Polymarket Perps XMR-USD | +0.0322% | 1h | 575.56 | +0.138% | $25K | $2.2M | 5x | as long as short |
| Gate XMR_USDT | +0.0380% | 8h | 575.39 | +0.108% | $1.6M | $4.5M | 50x | as long as short |
Injective XMR/USDC PERP
gTrade (Gains Network) XMR/USD
Lighter XMR
edgeX XMRUSDC
SunX XMR-USDT
HTX XMR-USDT
Aevo XMR-PERP
Polymarket Perps XMR-USD
Gate XMR_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| dYdX XMR-USD | +0.0383% | 1h | 574.80 | +0.005% | $104K | $44K | 5x | as long as short |
| Bybit XMRUSDT | +0.0406% | 8h | 576.00 | +0.214% | $46.8M | $64.4M | 75x | as long as short |
| KuCoin XMRUSDTM | +0.0452% | 8h | 575.18 | +0.072% | $45.1M | $26.7M | 50x | as long as short |
| MEXC XMR_USDT | +0.0487% | 8h | 576.00 | +0.214% | $20.2M | $15.0M | 100x | as long as short |
| Binance XMRUSDT | +0.0487% | 8h | 575.95 | +0.206% | $52.7M | $164.8M | 75x | as long as short |
| BingX XMR-USDT | +0.0491% | 8h | 576.19 | +0.247% | — | $5.7M | — | as long as short |
| Bitget XMRUSDT | +0.0517% | 8h | 575.86 | +0.190% | $9.4M | $14.0M | 50x | as long as short |
| Backpack XMR_USDC_PERP | +0.0523% | 1h | 575.82 | +0.183% | $169K | $535K | 20x | as long as short |
| Pacifica XMR | +0.0626% | 1h | 575.94 | +0.203% | $266K | $1.1M | 10x | as long as short |
| Extended XMR-USD | +0.0656% | 1h | 576.02 | +0.218% | $3.1M | $8.4M | 25x | as long as short |
| Aster XMRUSDT | +0.0673% | 8h | 575.40 | +0.110% | $638K | $2.3M | 75x | as long as short |
| Nado XMR-PERP | +0.0775% | 1h | 575.76 | +0.173% | $1.3M | $466K | 10x | as long as short |
| BloFin XMR-USDT | +0.0781% | 8h | 576.47 | +0.296% | $2.7M | $11.2M | 75x | as long as short |
| Paradex XMR-USD-PERP | +0.0822% | 8h | 575.91 | +0.198% | $8K | $4K | 20x | as long as short |
| GRVT XMR_USDT_Perp | +0.0847% | 8h | 574.91 | +0.025% | $344K | $733K | 10x | as long as short |
| Hyperliquid XMR | +0.0863% | 1h | 576.07 | +0.226% | $86.6M | $71.0M | 5x | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0990% / S −0.1253% | 1h | 574.91 | +0.025% | $591K | — | 100x | as long as short |
| Variational Omni XMRlong | +0.1014% | 8h | 574.77 | long leg | $6.5M | $2.2M | — | |
| Orderly PERP_XMR_USDC | +0.1121% | 8h | 575.94 | +0.204% | $40K | $735K | 10x | as long as short |
| SoDEX XMR-USD | +0.1126% | 1h | 576.37 | +0.279% | $438K | $3K | 5x | as long as short |
| Aftermath Perps XMRUSD | +0.1998% | 1h | 575.66 | +0.155% | $2K | $44K | 10x | as long as short |
dYdX XMR-USD
Bybit XMRUSDT
KuCoin XMRUSDTM
MEXC XMR_USDT
Binance XMRUSDT
BingX XMR-USDT
Bitget XMRUSDT
Backpack XMR_USDC_PERP
Pacifica XMR
Extended XMR-USD
Aster XMRUSDT
Nado XMR-PERP
BloFin XMR-USDT
Paradex XMR-USD-PERP
GRVT XMR_USDT_Perp
Hyperliquid XMR
GMX XMR/USD [WBTC.b-USDC]
Orderly PERP_XMR_USDC
SoDEX XMR-USD
Aftermath Perps XMRUSD