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
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XLMUSD | 0.2160 | 0.0183 | pay 0.0023% / 1h | 54m 35s | $2.6M | $2.6M | 50x |
| Short | Orderly PERP_XLM_USDC_mythos | 0.2160 | 0.0100 | get 0.0050% / 4h | 3h 54m | $3K | $2K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Kraken Futures live order book, 4 min ago | 2.32 bp | 14.6 bp −$15 | 19.4 bp −$194 | 79.4 bp −$7,936 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.119% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2159 | −0.033% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0075% | 1h | 0.2160 | +0.009% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2165 | +0.251% | $580K | $752K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2161 | +0.071% | $55.7M | $151.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2161 | +0.062% | $44.0M | $44.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2161 | +0.076% | $13.1M | $41.7M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2161 | +0.057% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2161 | +0.071% | $24.9M | $26.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2160 | +0.043% | $14.4M | $10.4M | 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 | 0.2161 | +0.076% | $25.6M | $19.4M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2161 | +0.085% | — | $7.1M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2163 | +0.169% | $284K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2161 | +0.047% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2163 | +0.147% | $598K | $604K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2160 | +0.015% | $173K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythosshort | +0.0100% | 4h | 0.2160 | +0.020% | $3K | $2K | 10x | |
| SunX XLM-USDT | +0.0100% | 8h | 0.2162 | +0.108% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2160 | +0.002% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2162 | +0.127% | $199K | $256K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2160 | +0.015% | $9.0M | $9.1M | 50x | as long as short |
| Lighter XLM | +0.0104% | 1h | 0.2162 | +0.113% | $400K | $836K | 5x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2161 | +0.068% | $193K | $1.6M | 10x | as long as short |
| Kraken Futures PF_XLMUSDlong | +0.0183% | 1h | 0.2160 | long leg | $2.6M | $2.6M | 50x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2160 | +0.015% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2157 | −0.137% | $5K | $42K | 5x | as long as short |
| Hyperliquid XLM | +0.0261% | 1h | 0.2163 | +0.139% | $12.3M | $6.1M | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0290% | 1h | 0.2160 | +0.015% | $89K | $269K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2159 | −0.036% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2161 | +0.066% | $230K | $1.5M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0723% | 1h | 0.2161 | +0.071% | $536K | $161K | 25x | as long as short |
Kraken Futures PF_XLMUSD
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
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
Lighter XLM
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Hyperliquid XLM
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL