Funding you earn now, next payment 01:00 UTC−0.0083%/8h= −9.0% APRpaid last 24h −0.042%
Price spread now: SunX against Kraken Futures−0.152%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1511.513% of the position
Funding, last 7 days+0.212%+$21 on $10k
+Price spread, last 3 days (all we have)+0.237%+$24 · spread now −0.152%, 7d avg +0.027%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.179% cheaper against Kraken Futures than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.027%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.212%, 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 | 0.2164 | 0.0183 | pay 0.0023% / 1h | 29m 04s | $2.6M | $2.6M | 50x |
| Short | SunX XLM-USDT | 0.2161 | 0.0100 | get 0.0100% / 8h | 7h 29m | $2K | $1.7M | 20x |
Kraken Futures PF_XLMUSD
SunX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$17.34
- Price spread: −0.152% → +0.027%
- −$17.87
- Slippage, 4 orders
- −$133.25
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$186.46
- Costs to cover
- 1.513%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; SunX: live order book, 6 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, 5 min ago | 5.76 bp | 11.5 bp −$11 | 18.6 bp −$186 | 80.5 bp −$8,047 | doesn't fit |
| Sell SunX live order book, 6 min ago | 29.54 bp | 76.3 bp −$76 | doesn't fit | 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 | 0.2157 | −0.346% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2163 | −0.084% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0039% | 1h | 0.2163 | −0.085% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2167 | +0.121% | $399K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2166 | +0.068% | $56.0M | $151.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2165 | +0.042% | $44.1M | $44.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2166 | +0.074% | $13.3M | $41.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2164 | −0.027% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2164 | −0.013% | $25.0M | $26.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | −0.027% | $14.4M | $10.2M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2164 | −0.009% | $25.8M | $19.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2164 | −0.013% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2165 | +0.010% | $89K | $269K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2163 | −0.061% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2165 | +0.002% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2165 | +0.011% | $610K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2166 | +0.088% | $174K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2165 | +0.024% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTshort | +0.0100% | 8h | 0.2161 | −0.152% | $2K | $1.7M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2165 | +0.010% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2165 | +0.019% | $200K | $256K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2165 | +0.014% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2164 | −0.009% | $194K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0137% | 8h | 0.2166 | +0.088% | $581K | $660K | 75x | as long as short |
| Kraken Futures PF_XLMUSDlong | +0.0183% | 1h | 0.2164 | long leg | $2.6M | $2.6M | 50x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2164 | −0.023% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2165 | +0.038% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2163 | −0.059% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2164 | −0.041% | $229K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0536% | 1h | 0.2167 | +0.121% | $12.5M | $6.3M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0720% | 1h | 0.2166 | +0.070% | $538K | $150K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL