Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG0.1550+0.0218pay 0.0027% / 1h5m 32s$4.2M$1.8M50xLong Kraken Futures
SHORT0.1546+0.0044get 0.0044% / 8h4h 05m$200K$71K50xShort Variational Omni+15% pts
Price gap−0.229%
Funding gap−0.0174% /8h

Both sides work against this direction now: funding costs $5 a day on $10k and the gap is 0.091% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$29−0.0174% /8h now · paid −0.293% over the last 7D
Price−$9spread −0.229% now, avg −0.138% → −0.091% if it goes back
Costs−$510.515% of $10k · taker + slippage, in and out
Result−$90−0.90%+ Points / potential airdropVariational Omni: points · farm board

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−0.229%
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

1 ok · 5 to watch
  • Watch: Thin at this size15.9 / 12.9 bp
    At $10k entering Kraken Futures costs 15.9 bp, fee and slippage, 1.2× Variational Omni’s.
  • Note: Margin at max leverage$200 + $200
    Kraken Futures 50x, Variational Omni 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$5.22Long Kraken Futures: 24 payments, −$6.54; short Variational Omni: 3 payments, +$1.32.
  • Watch: Gap narrower than usual−0.229% vs −0.138%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$200K vs $4.2M OI
    Variational Omni sets your exit cost. Check its book before closing.
  • OK: Points on a legVariational Omni points
    Volume here counts toward the points program.
  • Watch: KYCKraken Futures Yes · Variational Omni No
    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−0.0139%/8h × 21 periods−$29.28
Price spread−0.229% → −0.138% (7d avg)−$9.09
Slippage, 4 orderslive order books−$41.47
Fee Kraken Futures bp × 2 orders−$10.00
Fee Variational Omni bp × 2 orders$0.00
Net · 7 days · $10k−$89.83
Costs to cover0.515%Break-evennever at this rate
Slippage: Kraken Futures: live order book, 1 min ago; Variational Omni: RFQ quote, 21 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKraken Futures4.8415.9 bp−$1626.4 bp−$26499.4 bp−$9,936doesn’t fit
SELL · SHORTVariational Omni6.4512.9 bp−$1319.4 bp−$194doesn’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 ↗