Funding you earn now, next payment 07:00 UTC−0.0228%/8h= −24.9% APRnext payment −$0.28 per $10,000 · paid last 24h −0.048%
Price spread now: Extended against Kraken Futures−0.222%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$430.432% of the position
Funding, last 7 days+0.176%+$18 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.222%, 7d avg −0.050%
=Together, before fees+0.396%+ Points / potential airdropExtended: Active · farm board+$40 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Extended is 0.172% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.050%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XLMUSD | 0.2125 | 0.0332 | pay 0.0041% / 1h | 56m 35s | $2.6M | $2.7M | 50x |
| Short | Extended XLM-USD | 0.2120 | 0.0104 | get 0.0013% / 1h | 56m 35s | $189K | $1.8M | 10x |
Kraken Futures PF_XLMUSD
Extended XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$47.85
- Price spread: −0.222% → −0.050%
- −$17.16
- Slippage, 4 orders
- −$28.17
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$108.19
- Costs to cover
- 0.432%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Extended: live order book, 2 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, 2 min ago | 4.70 bp | 13.3 bp −$13 | 19.6 bp −$196 | 95.5 bp −$9,549 | doesn't fit |
| Sell Extended live order book, 2 min ago | 3.05 bp | 6.8 bp −$7 | 13.8 bp −$138 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2124 | −0.068% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.009% | $683 | $241K | 12x | as long as short |
| dYdX XLM-USD | +0.0065% | 1h | 0.2121 | −0.218% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2124 | −0.075% | $356K | $930K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2122 | −0.132% | $562K | $633K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2122 | −0.165% | $54.5M | $162.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2121 | −0.198% | $43.0M | $47.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2121 | −0.184% | $12.3M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2120 | −0.254% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | −0.179% | $25.2M | $28.4M | 300x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
dYdX XLM-USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2121 | −0.212% | $13.9M | $9.4M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2121 | −0.193% | $25.5M | $22.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2121 | −0.188% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2126 | +0.043% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2124 | −0.057% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.114% | $590K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | +0.113% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2124 | −0.057% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.094% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2124 | −0.042% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2127 | +0.071% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2125 | −0.005% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2120 | −0.222% | $189K | $1.8M | 10x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2126 | +0.047% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2127 | +0.075% | $4K | $49K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0298% | 1h | 0.2124 | −0.033% | $131K | $329K | 20x | as long as short |
| Hyperliquid XLM | +0.0306% | 1h | 0.2124 | −0.080% | $12.1M | $6.6M | 5x | as long as short |
| Kraken Futures PF_XLMUSDlong | +0.0332% | 1h | 0.2125 | long leg | $2.6M | $2.7M | 50x | |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2128 | +0.146% | $223K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2124 | −0.067% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0833% | 1h | 0.2126 | +0.042% | $527K | $167K | 25x | as long as short |
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL