Settings8H · net · $10k
Funding arb · Price arb /

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0083%/8h= −9.1% APRpaid last 24h −0.041%
Price spread now: Orderly against Kraken Futures+0.020%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Orderly is 0.020% dearer against Kraken Futures than usual: you sell high and buy low (spread +0.020% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 19 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XLMUSD0.21600.0183pay 0.0023% / 1h54m 35s$2.6M$2.6M50x
ShortOrderly PERP_XLM_USDC_mythos0.21600.0100get 0.0050% / 4h3h 54m$3K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$17.43
Price spread: +0.020% → 0.000%
$2.01
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$31.42
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Kraken Futures: live order book, 4 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 4 min ago2.32 bp14.6 bp −$1519.4 bp −$19479.4 bp −$7,936doesn't fit
Sell Orderly no order-book sample
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective XLM/USDC PERP−0.5000%1h0.2157−0.119%$736$241K12xas long as short
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2159−0.033%$4K150xas long as short
dYdX XLM-USD+0.0075%1h0.2160+0.009%$23K$3K10xas long as short
Aster XLMUSDT+0.0100%8h0.2165+0.251%$580K$752K75xas long as short
Binance XLMUSDT+0.0100%8h0.2161+0.071%$55.7M$151.2M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2161+0.062%$44.0M$44.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2161+0.076%$13.1M$41.7M50xas long as short
Gate XLM_USDT+0.0100%8h0.2161+0.057%$4.1M$6.2M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2161+0.071%$24.9M$26.1M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2160+0.043%$14.4M$10.4M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2161+0.076%$25.6M$19.4M75xas long as short
BingX XLM-USDT+0.0100%8h0.2161+0.085%$7.1Mas long as short
Variational Omni XLM+0.0100%8h0.2163+0.169%$284K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2161+0.047%$12K$300K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2163+0.147%$598K$604K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2160+0.015%$173K$258K50xas long as short
Orderly PERP_XLM_USDC_mythosshort+0.0100%4h0.2160+0.020%$3K$2K10x
SunX XLM-USDT+0.0100%8h0.2162+0.108%$2K$1.7M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2160+0.002%$2K$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2162+0.127%$199K$256K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2160+0.015%$9.0M$9.1M50xas long as short
Lighter XLM+0.0104%1h0.2162+0.113%$400K$836K5xas long as short
Extended XLM-USD+0.0104%1h0.2161+0.068%$193K$1.6M10xas long as short
Kraken Futures PF_XLMUSDlong+0.0183%1h0.2160long leg$2.6M$2.6M50x
BloFin XLM-USDT+0.0220%8h0.2160+0.015%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0222%1h0.2157−0.137%$5K$42K5xas long as short
Hyperliquid XLM+0.0261%1h0.2163+0.139%$12.3M$6.1M5xas long as short
Backpack XLM_USDC_PERP+0.0290%1h0.2160+0.015%$89K$269K20xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0316% / S −0.0167%1h0.2159−0.036%$45K100xas long as short
Coinbase International XLM-PERP-INTX+0.0448%1h0.2161+0.066%$230K$1.5M50xas long as short
Deribit XLM_USDC-PERPETUAL+0.0723%1h0.2161+0.071%$536K$161K25xas long as short