Funding you earn now, next payment 09:00 UTC+0.0237%/8h= +26.0% APRpaid last 24h +0.054%
Price spread now: Kraken Futures against SunX+0.078%7-day average −0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs−$151as in the Price arb table
costs, in and out, $10k−$1601.597% of the position
Funding, last 7 days−0.141%−$14 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.078%, 7d avg −0.010%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Kraken Futures is 0.088% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.010%. Mind the row above: over the last 7 days funding on this pair cost −0.141%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.141% in total (about -7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XLM-USDT | 0.2139 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $2K | $1.5M | 20x |
| Short | Kraken Futures PF_XLMUSD | 0.2140 | 0.0337 | get 0.0042% / 1h | 0m 46s | $2.6M | $2.5M | 50x |
SunX XLM-USDT
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against SunX. 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
- $49.78
- Price spread: +0.078% → −0.010%
- $8.79
- Slippage, 4 orders
- −$141.67
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$101.1
- Costs to cover
- 1.597%
- Break-even
- 21.2 days
Slippage from SunX: live order book, 4 min ago; Kraken Futures: live order book, 3 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 SunX live order book, 4 min ago | 45.03 bp | 63.2 bp −$63 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 4.43 bp | 13.5 bp −$13 | 35.6 bp −$356 | 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 | 0.2140 | +0.085% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.636% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2142 | +0.173% | $368K | $934K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2143 | +0.200% | $568K | $545K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2142 | +0.138% | $55.5M | $155.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2140 | +0.065% | $44.3M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2140 | +0.056% | $12.3M | $44.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2139 | +0.033% | $4.0M | $7.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2140 | +0.075% | $24.4M | $29.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2140 | +0.042% | $13.9M | $8.9M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
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 | 0.2140 | +0.084% | $26.1M | $22.4M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2141 | +0.108% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2140 | +0.047% | $121K | $325K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2137 | −0.070% | $256K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2141 | +0.097% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2143 | +0.212% | $591K | $548K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2140 | +0.047% | $171K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2141 | +0.112% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2139 | long leg | $2K | $1.5M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | +0.051% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2142 | +0.182% | $197K | $187K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2141 | +0.098% | $8.8M | $8.7M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2139 | +0.021% | $191K | $690K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2141 | +0.103% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2142 | +0.136% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2142 | +0.140% | $214K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0337% | 1h | 0.2140 | +0.078% | $2.6M | $2.5M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0496% / S −0.0231% | 1h | 0.2139 | +0.019% | $38K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0561% | 1h | 0.2143 | +0.196% | $12.4M | $6.0M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0778% | 1h | 0.2141 | +0.131% | $531K | $110K | 25x | as long as short |
| dYdX XLM-USD | +0.0845% | 1h | 0.2143 | +0.227% | $27K | $5K | 10x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL
dYdX XLM-USD