Settings8H · net · $10k
My profile
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1487−0.0104get 0.0013% / 1h16m 21s$3.5M$3.6M50xLong Kraken Futures
SHORT0.1488+0.0221get 0.0028% / 1h16m 21s$871K$572K25xShort Deribit
Price gap+0.037%
Funding gap+0.0325% /8h

Both sides work: funding pays +$10 a day on $10k, and the gap is 0.043% above its 7d average: +$4 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$5+0.0325% /8h now · paid +0.051% over the last 7D
Price+$4spread +0.037% now, avg −0.006% → +0.043% if it goes back
Costs−$430.427% of $10k · taker + slippage, in and out
Result−$33−0.33%no points

The current funding rate is far above 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 · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.037%
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

3 ok · 2 to watch
  • OK: Fits both order books13.5 / 9.2 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$200 + $400
    Kraken Futures 50x, Deribit 25x. 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: +$9.74Long Kraken Futures: 24 payments, +$3.11; short Deribit: 24 payments, +$6.63.
  • OK: Entry gap works for you+0.037% vs −0.006%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Short leg is thinner$871K 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: KYCKraken Futures Yes · Deribit Yes
    Full verification; not offered in the US (a separate US product), Canada, Australia (wholesale only) or to 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+0.037% → −0.006% (7d avg)+$4.32
Slippage, 4 orderslive order books−$25.73
Fee Kraken Futures bp × 2 orders−$10.00
Fee Deribit bp × 2 orders−$7.00
Net · 7 days · $10k−$33.29
Costs to cover0.427%Break-even52.5 days
Slippage: Kraken Futures: live order book, 3 min ago; Deribit: live order book, 27 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures5.0513.5 bp−$1420.9 bp−$20977.3 bp−$7,728doesn’t fit
SELL · SHORTDeribit3.059.2 bp−$912.6 bp−$126doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

XLM news

posts that mention XLM, from every exchange
09-30 18:57OKXOtherAnother 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 08:55ApeX OmniOther50 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 ↗