XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0173%/8h= −18.9% APRnext payment −$0.22 per $10,000 · paid last 24h −0.025%

Price spread now: Kraken Futures against GMX+0.024%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on GMX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Kraken Futures is 0.024% dearer against GMX than usual: you sell high and buy low (spread +0.024% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GMX XLM/USD [WBTC.b-USDC]	0.2106	L +0.0515% / S −0.0247%	pay 0.0064% / 1h	30m 52s	$39K	—	100x
Short	Kraken Futures PF_XLMUSD	0.2106	0.0342	get 0.0043% / 1h	30m 52s	$2.5M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against GMX. 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 GMXbpFee Kraken FuturesbpOrdersPrice spread, now +0.024%Rate

Funding earned: −$36.26
Price spread: +0.024% → 0.000%: $2.44
Slippage, 4 orders: no order book: not counted
Fee GMX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$55.82
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: GMX: no order-book sample; Kraken Futures: live order book, 3 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 GMX no order-book sample	—	—	—	—	—
Sell Kraken Futures live order book, 3 min ago	4.27 bp	10.3 bp −$10	22.0 bp −$220	123.2 bp −$12.3K	doesn't fit

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2106	+0.001%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	+0.909%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2109	+0.154%	$364K	$919K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2107	+0.071%	$559K	$583K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2106	+0.022%	$54.8M	$160.1M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2105	−0.040%	$43.4M	$46.4M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2106	+0.017%	$12.1M	$44.7M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2105	−0.026%	$3.9M	$7.3M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2107	+0.064%	$24.3M	$29.0M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2106	+0.002%	$13.8M	$9.0M	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	0.2106	+0.007%	$25.4M	$23.0M	75x	as long as short
BingX XLM-USDT	+0.0100%	8h	0.2106	+0.017%	—	$7.3M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2107	+0.055%	$129K	$344K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2106	+0.014%	$251K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2109	+0.166%	$12K	$310K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2113	+0.358%	$589K	$551K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2107	+0.078%	$169K	$264K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2106	+0.007%	$3K	$247	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2104	−0.074%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2106	+0.021%	$574	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2107	+0.045%	$194K	$213K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2107	+0.059%	$8.6M	$8.8M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2106	−0.003%	$188K	$880K	10x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2108	+0.093%	$2.3M	$5.4M	75x	as long as short
Phoenix XLM	+0.0226%	1h	0.2111	+0.249%	$4K	$56K	5x	as long as short
Coinbase International XLM-PERP-INTX	+0.0328%	1h	0.2108	+0.116%	$211K	$1.6M	50x	as long as short
Kraken Futures PF_XLMUSDshort	+0.0342%	1h	0.2106	+0.024%	$2.5M	$2.6M	50x
Hyperliquid XLM	+0.0476%	1h	0.2109	+0.154%	$12.1M	$6.3M	5x	as long as short
GMX XLM/USD [WBTC.b-USDC]long	L +0.0515% / S −0.0247%	1h	0.2106	long leg	$39K	—	100x
Deribit XLM_USDC-PERPETUAL	+0.0700%	1h	0.2107	+0.074%	$523K	$145K	25x	as long as short
dYdX XLM-USD	+0.1090%	1h	0.2106	+0.002%	$26K	$5K	10x	as long as short