Settings8H · net · $10k
Funding arb · Price arb /

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0240%/8h= +26.2% APRpaid last 24h +0.054%
Price spread now: Kraken Futures against Aster+0.083%7-day average −0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$570.566% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.136%−$14 on $10k
Price spread, last 4 days (all we have)−0.780%−$78 · spread now +0.083%, 7d avg −0.043%
Together, before fees−0.915%+ Points / potential airdropAster: Stage 5 · farm board−$92 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.126% dearer against Aster than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.043%. Mind the row above: over the last 7 days funding on this pair cost −0.136%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.136% in total (about -7.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster XLMUSDT0.21220.0100pay 0.0100% / 8h7h 50m$562K$583K75x
ShortKraken Futures PF_XLMUSD0.21240.0340get 0.0042% / 1h50m 33s$2.6M$2.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against Aster. 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

Funding earned
$50.32
Price spread: +0.083% → −0.043%
$12.62
Slippage, 4 orders
−$38.57
Fee Aster: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$6.37
Costs to cover
0.566%
Break-even
6.1 days
Slippage from Aster: live order book, 47 min ago; Kraken Futures: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 47 min ago3.07 bp15.0 bp −$1548.1 bp −$481doesn't fitdoesn't fit
Sell Kraken Futures live order book, 3 min ago5.19 bp13.2 bp −$1328.2 bp −$282283.3 bp −$28.3Kdoesn't fit

XLM on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2123+0.016%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125+0.133%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2124+0.067%$366K$917K5xas long as short
Aster XLMUSDTlong+0.0100%8h0.2122long leg$562K$583K75x
Binance XLMUSDT+0.0100%8h0.2121−0.075%$55.2M$161.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2119−0.150%$43.5M$46.5M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2119−0.126%$12.1M$45.2M50xas long as short
Gate XLM_USDT+0.0100%8h0.2120−0.084%$3.9M$7.3M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2121−0.075%$24.4M$28.7M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2120−0.084%$14.0M$9.2M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2120−0.112%$25.6M$23.0M75xas long as short
BingX XLM-USDT+0.0100%8h0.2120−0.079%$7.4Mas long as short
Backpack XLM_USDC_PERP+0.0100%1h0.2123+0.020%$130K$346K20xas long as short
Variational Omni XLM+0.0100%8h0.2122−0.002%$253K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2118−0.201%$12K$308K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2119−0.164%$590K$551K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2117−0.225%$170K$265K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2123+0.038%$3K$24710xas long as short
SunX XLM-USDT+0.0100%8h0.2117−0.225%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2123+0.048%$578$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2120−0.103%$195K$213K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2123+0.048%$8.7M$8.8M50xas long as short
Extended XLM-USD+0.0104%1h0.2120−0.101%$189K$1.0M10xas long as short
dYdX XLM-USD+0.0190%1h0.2121−0.073%$23K$2K10xas long as short
BloFin XLM-USDT+0.0220%8h0.2123+0.043%$2.3M$5.4M75xas long as short
Phoenix XLM+0.0226%1h0.2119−0.174%$4K$56K5xas long as short
Coinbase International XLM-PERP-INTX+0.0328%1h0.2125+0.137%$219K$1.7M50xas long as short
Kraken Futures PF_XLMUSDshort+0.0340%1h0.2124+0.083%$2.6M$2.6M50x
Hyperliquid XLM+0.0419%1h0.2123+0.038%$12.1M$6.4M5xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0517% / S −0.0247%1h0.2123+0.023%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0833%1h0.2125+0.142%$527K$149K25xas long as short