XLM

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	DeribitXLM_USDC-PERPETUAL	0.1493	+0.0085	pay 0.0011% / 1h	7m 43s	$876K	$575K	25x	Long Deribit
SHORT	Kraken FuturesPF_XLMUSD	0.1493	−0.0103	pay 0.0013% / 1h	7m 43s	$3.5M	$3.6M	50x	Short Kraken Futures

Price gap−0.017%

Funding gap−0.0188% /8h

Both sides work against this direction now: funding costs $6 a day on $10k and the gap is 0.023% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding−$5−0.0188% /8h now · paid −0.051% over the last 7D

Price−$2spread −0.017% now, avg +0.006% → −0.023% if it goes back

Costs−$430.426% of $10k · taker + slippage, in and out

Result−$50−0.50%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.051% in total, about −0.0024%/8h on average.

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.017%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

XLM on 32 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

OK: Fits both order books8.5 / 11.9 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$400 + $200
Deribit 25x, Kraken Futures 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$5.64Long Deribit: 24 payments, −$2.55; short Kraken Futures: 24 payments, −$3.09.
Watch: Gap narrower than usual−0.017% vs +0.006%
Less room for the price leg to pay you. If it goes back to average, the short loses.
Watch: Long leg is thinner$876K vs $3.5M OI
Deribit sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCDeribit Yes · Kraken Futures Yes
ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned−0.0024%/8h × 21 periods−$5.12

Price spread−0.017% → +0.006% (7d avg)−$2.30

Slippage, 4 orderslive order books−$25.59

Fee Deribit bp × 2 orders−$7.00

Fee Kraken Futures bp × 2 orders−$10.00

Net · 7 days · $10k−$50.01

Costs to cover0.426%Break-evennever at this rate

Slippage: Deribit: live order book, 36 min ago; Kraken Futures: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGDeribit3.058.5 bp−$910.9 bp−$109doesn’t fitdoesn’t fit

SELL · SHORTKraken Futures5.0211.9 bp−$1224.0 bp−$24059.8 bp−$5,983doesn’t fit

Closing costs about the same again.

XLM news

posts that mention XLM, from every exchange

09-30 18:57	OKX	Other	Another X Drops Club just dropped in Europe. Trade the featured tokens like SOL, ZEC, NEAR, ENA, SUI, ONDO, CT, HBAR, AVAX, and XLM for a share of 1.5M , with CT trades boosted 3×. Make this round count. @okx on X ↗
09-29 08:55	ApeX Omni	Other	50 up, 36 down on the ApeX board, median +1.1%. DeFi and payment names swept it: $CRV +21.5%, $HBAR +20.3%, ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 +15.8%, $XLM +11.2%, $AAVE +11.2%. ethereum:0x52a8845df664d76c69d2eea607cd793565af42b8 has bounced 64% off its August low since ApeX confirmed on 9 Sep that supply is fixed at 500M with no unlocks left. @OfficialApeXdex on X ↗

XLM