XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0039%/8h= +4.2% APRnext payment +$0.05 per $10,000 · paid last 24h +0.048%

Price spread now: Kraken Futures against Extended+0.021%7-day average +0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$68as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$500.501% of the position

Long on Extended Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.176%−$18 on $10k

Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.021%, 7d avg +0.054%

Together, before fees−0.224%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.033% cheaper against Extended than usual: you would sell low and buy high (spread +0.021% now, against its 7-day average of +0.054%). If the spread goes back, that is −$3 on $10k: about 2.9 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.176%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XLM-USD	0.2121	0.0104	pay 0.0013% / 1h	50m 30s	$190K	$1.8M	10x
Short	Kraken Futures PF_XLMUSD	0.2122	0.0143	get 0.0018% / 1h	50m 30s	$2.6M	$2.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee Kraken FuturesbpOrdersPrice spread, now +0.021%Rate

Funding earned: $8.09
Price spread: +0.021% → +0.054%: −$3.3
Slippage, 4 orders: −$35.11
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$45.32
Costs to cover: 0.501%
Break-even: 46.2 days

Slippage from Extended: live order book, 3 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 3 min ago	3.30 bp	6.8 bp −$7	15.5 bp −$155	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 3 min ago	3.54 bp	21.2 bp −$21	33.5 bp −$335	85.6 bp −$8,564	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	0.2120	−0.043%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	+0.180%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2124	+0.142%	$373K	$959K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2121	−0.017%	$563K	$625K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2121	−0.023%	$54.2M	$159.4M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2119	−0.084%	$43.0M	$46.5M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2119	−0.080%	$12.5M	$43.4M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2122	+0.015%	$4.1M	$7.1M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2122	+0.043%	$25.0M	$27.7M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2122	+0.034%	$13.9M	$9.4M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2121	+0.005%	$25.5M	$22.5M	75x	as long as short
BingX XLM-USDT	+0.0100%	8h	0.2120	−0.042%	—	$7.3M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2121	+0.005%	$125K	$295K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2119	−0.097%	$253K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2118	−0.152%	$12K	$306K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2120	−0.050%	$594K	$608K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2119	−0.084%	$170K	$264K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2120	−0.056%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2117	−0.174%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2121	−0.004%	$578	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2119	−0.108%	$195K	$250K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2121	−0.014%	$8.9M	$9.0M	50x	as long as short
Extended XLM-USDlong	+0.0104%	1h	0.2121	long leg	$190K	$1.8M	10x
Kraken Futures PF_XLMUSDshort	+0.0143%	1h	0.2122	+0.021%	$2.6M	$2.7M	50x
Hyperliquid XLM	+0.0166%	1h	0.2123	+0.100%	$12.2M	$6.4M	5x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2122	+0.029%	$2.3M	$5.5M	75x	as long as short
Phoenix XLM	+0.0226%	1h	0.2118	−0.155%	$4K	$49K	5x	as long as short
dYdX XLM-USD	+0.0243%	1h	0.2120	−0.057%	$23K	$2K	10x	as long as short
Coinbase International XLM-PERP-INTX	+0.0456%	1h	0.2120	−0.037%	$228K	$1.6M	50x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0517% / S −0.0247%	1h	0.2120	−0.059%	$39K	—	100x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0835%	1h	0.2123	+0.076%	$526K	$162K	25x	as long as short