Funding you earn now, next payment 00:00 UTC−0.0311%/8h= −34.0% APRpaid last 24h −0.041%
Price spread now: Aster against Kraken Futures+0.133%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$540.544% of the position
Funding, last 7 days+0.216%+$22 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now +0.133%, 7d avg +0.043%
=Together, before fees+0.237%+ Points / potential airdropAster: Stage 5 · farm board+$24 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.090% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.043%): +$9 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 23 hours. Mind the row above: over the last 7 days funding on this pair paid +0.216%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.216% in total (about 11.3% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XLMUSD | 0.2172 | 0.0411 | pay 0.0051% / 1h | 49m 49s | $2.6M | $2.6M | 50x |
| Short | Aster XLMUSDT | 0.2175 | 0.0100 | get 0.0100% / 8h | 49m 49s | $583K | $785K | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Kraken Futures. 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
- −$65.22
- Price spread: +0.133% → +0.043%
- $8.99
- Slippage, 4 orders
- −$36.37
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$110.6
- Costs to cover
- 0.544%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Aster: live order book, 28 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 Kraken Futures live order book, 4 min ago | 5.51 bp | 14.6 bp −$15 | 19.3 bp −$193 | 85.6 bp −$8,557 | doesn't fit |
| Sell Aster live order book, 28 min ago | 3.00 bp | 11.8 bp −$12 | 25.6 bp −$256 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2046 | −5.785% | $6K | $238K | 12x | as long as short |
| dYdX XLM-USD | 0.0000% | 1h | 0.2173 | +0.050% | $24K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2173 | +0.045% | $4K | — | 150x | as long as short |
| Aster XLMUSDTshort | +0.0100% | 8h | 0.2175 | +0.133% | $583K | $785K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2172 | +0.021% | $56.1M | $151.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2171 | −0.019% | $44.2M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2171 | −0.024% | $13.2M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2172 | −0.006% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2172 | +0.031% | $25.9M | $25.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2172 | +0.004% | $14.6M | $10.6M | 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 | 0.2172 | −0.006% | $25.8M | $19.2M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2172 | −0.001% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2175 | +0.166% | $258K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2170 | −0.067% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2175 | +0.149% | $602K | $633K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2178 | +0.289% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2172 | +0.017% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2160 | −0.540% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2171 | −0.024% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2174 | +0.128% | $201K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2172 | −0.006% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2172 | −0.001% | $194K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0150% | 1h | 0.2172 | +0.004% | $98K | $265K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2174 | +0.109% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2175 | +0.179% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2172 | +0.023% | $45K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0395% | 1h | 0.2173 | +0.086% | $539K | $160K | 25x | as long as short |
| Kraken Futures PF_XLMUSDlong | +0.0411% | 1h | 0.2172 | long leg | $2.6M | $2.6M | 50x | |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2175 | +0.151% | $234K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0567% | 1h | 0.2174 | +0.109% | $12.4M | $6.1M | 5x | as long as short |
| Lighter XLM | +0.0592% | 1h | 0.2174 | +0.105% | $420K | $809K | 5x | as long as short |
Kraken Futures PF_XLMUSD
Aster XLMUSDT
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
Lighter XLM