Funding you earn now, next payment 05:00 UTC+0.0085%/8h= +9.4% APRnext payment +$0.11 per $10,000 · paid last 24h +0.050%
Price spread now: Kraken Futures against ApeX Omni−0.299%75s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$73as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$590.592% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.366%+$37 · spread now −0.299%, 7d avg +0.010%
=Funding pays, the price is against you. Kraken Futures is 0.308% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.299% now, against its 7-day average of +0.010%). If the spread goes back, that is −$31 on $10k: about 12 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.138%, so the current rate has only just turned in your favour. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XLMUSDT | 0.2140 | 0.0100 | pay 0.0013% / 1h | 23m 47s | $171K | $264K | 50x |
| Short | Kraken Futures PF_XLMUSD | 0.2134 | 0.0185 | get 0.0023% / 1h | 23m 47s | $2.6M | $2.7M | 50x |
ApeX Omni XLMUSDT
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX 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
- $17.94
- Price spread: −0.299% → +0.010%
- −$30.84
- Slippage, 4 orders
- −$39.23
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$72.13
- Costs to cover
- 0.592%
- Break-even
- 35.1 days
Slippage from ApeX Omni: live order book, 28 min ago; Kraken Futures: live order book, 5 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 ApeX Omni live order book, 28 min ago | 6.29 bp | 13.7 bp −$14 | 97.2 bp −$972 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 5.13 bp | 15.3 bp −$15 | 23.7 bp −$237 | 113.9 bp −$11.4K | doesn't fit |
XLM 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) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2132 | −0.364% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.710% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2136 | −0.182% | $375K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2133 | −0.338% | $567K | $621K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2133 | −0.348% | $54.8M | $157.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2133 | −0.327% | $43.1M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2134 | −0.280% | $12.5M | $43.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2133 | −0.336% | $4.1M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2133 | −0.346% | $25.2M | $27.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2132 | −0.378% | $14.0M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2135 | −0.262% | $25.8M | $21.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2132 | −0.369% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2138 | −0.098% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2140 | +0.004% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2145 | +0.247% | $601K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDTlong | +0.0100% | 1h | 0.2140 | long leg | $171K | $264K | 50x | |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2134 | −0.290% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2133 | −0.346% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2133 | −0.332% | $581 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2135 | −0.238% | $197K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2134 | −0.304% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2132 | −0.388% | $190K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0177% | 1h | 0.2136 | −0.201% | $12.3M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0185% | 1h | 0.2134 | −0.299% | $2.6M | $2.7M | 50x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2140 | −0.023% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2141 | +0.019% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0309% | 1h | 0.2136 | −0.216% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2138 | −0.121% | $248K | $1.6M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0494% | 1h | 0.2134 | −0.313% | $127K | $294K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2132 | −0.371% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0688% | 1h | 0.2134 | −0.271% | $529K | $157K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL