Funding you earn now, next payment 06:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.049%
Price spread now: Kraken Futures against GRVT+0.071%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$610.607% of the position
Funding, last 7 days−0.116%−$12 on $10k
+Price spread, last 4 days (all we have)−0.013%−$1 · spread now +0.071%, 7d avg +0.039%
=Together, before fees−0.129%+ Points / potential airdropGRVT: Active · farm board−$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Kraken Futures is 0.033% dearer against GRVT than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.039%. Mind the row above: over the last 7 days funding on this pair cost −0.116%, 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 | GRVT XLM_USDT_Perp | 0.2120 | 0.0100 | pay 0.0100% / 8h | 2h 50m | $594K | $608K | 10x |
| Short | Kraken Futures PF_XLMUSD | 0.2122 | 0.0143 | get 0.0018% / 1h | 50m 59s | $2.6M | $2.7M | 50x |
GRVT XLM_USDT_Perp
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against GRVT. 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
- $8.93
- Price spread: +0.071% → +0.039%
- $3.26
- Slippage, 4 orders
- −$41.75
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$48.56
- Costs to cover
- 0.607%
- Break-even
- 45.1 days
Slippage from GRVT: live order book, 62 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 GRVT live order book, 62 min ago | 2.56 bp | 9.1 bp −$9 | 14.6 bp −$146 | 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 | 0.2119 | −0.033% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.230% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2124 | +0.169% | $373K | $959K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2120 | +0.017% | $563K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2122 | +0.078% | $54.2M | $159.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2120 | −0.006% | $43.0M | $46.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2121 | +0.060% | $12.5M | $43.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2120 | −0.001% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2122 | +0.084% | $25.0M | $27.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2121 | +0.046% | $13.9M | $9.4M | 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 | 0.2121 | +0.041% | $25.5M | $22.5M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2121 | +0.032% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2121 | +0.056% | $125K | $295K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2119 | −0.047% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2118 | −0.102% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perplong | +0.0100% | 8h | 0.2120 | long leg | $594K | $608K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2119 | −0.034% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2121 | +0.041% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2117 | −0.124% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2121 | +0.046% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2119 | −0.058% | $195K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2121 | +0.037% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2121 | +0.049% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0143% | 1h | 0.2122 | +0.071% | $2.6M | $2.7M | 50x | |
| Hyperliquid XLM | +0.0163% | 1h | 0.2123 | +0.117% | $12.2M | $6.4M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2122 | +0.079% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2118 | −0.105% | $4K | $49K | 5x | as long as short |
| dYdX XLM-USD | +0.0274% | 1h | 0.2119 | −0.033% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2120 | +0.013% | $228K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2120 | −0.016% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0835% | 1h | 0.2123 | +0.126% | $526K | $162K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
ApeX Omni XLMUSDT
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
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL