Funding you earn now, next payment 08:00 UTC+0.0449%/8h= +49.2% APRpaid last 24h +0.050%
Price spread now: Kraken Futures against Variational Omni−0.260%7-day average +0.059% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.077%+$8 on $10k
+Price spread, last 4 days (all we have)+0.339%+$34 · spread now −0.260%, 7d avg +0.059%
=Together, before fees+0.417%+ Points / potential airdropVariational Omni: Active · farm board+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Kraken Futures is 0.319% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.260% now, against its 7-day average of +0.059%). If the spread goes back, that is −$32 on $10k: about 2.4 days of funding at the current rate (+$13 a day). At the pace of the last 4 days (+0.077% in total) that is about 15 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.077% in total (about 7.7% 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 | Variational Omni XLM | 0.2127 | 0.0100 | pay 0.0100% / 8h | 39m 46s | $254K | $1.3M | — |
| Short | Kraken Futures PF_XLMUSD | 0.2122 | 0.0549 | get 0.0069% / 1h | 39m 46s | $2.6M | $2.7M | 50x |
Variational Omni XLM
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Variational Omni. 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
- $94.35
- Price spread: −0.260% → +0.059%
- −$31.92
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $52.43
- Costs to cover
- 0.100%
- Break-even
- 3.1 days
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; Kraken Futures: live order book, 4 min ago. 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 Variational Omni RFQ quote, 4 min ago | 7.05 bp | doesn't fit | 16.5 bp −$165 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 5.17 bp | 15.5 bp −$15 | 27.5 bp −$275 | 114.2 bp −$11.4K | 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 | 0.2121 | −0.265% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.098% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2122 | −0.230% | $366K | $941K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2124 | −0.155% | $564K | $595K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2121 | −0.273% | $54.4M | $161.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2120 | −0.333% | $43.0M | $47.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2120 | −0.310% | $12.1M | $44.7M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2121 | −0.272% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | −0.267% | $24.3M | $28.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2122 | −0.253% | $14.0M | $9.3M | 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 | 0.2119 | −0.357% | $25.4M | $22.7M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2121 | −0.281% | — | $6.7M | — | as long as short |
| Variational Omni XLMlong | +0.0100% | 8h | 0.2127 | long leg | $254K | $1.3M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2126 | −0.039% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.048% | $588K | $597K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | +0.005% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2122 | −0.239% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.169% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2122 | −0.258% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2126 | −0.046% | $196K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2122 | −0.234% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2122 | −0.255% | $190K | $1.4M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2128 | +0.024% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2129 | +0.076% | $4K | $50K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0317% | 1h | 0.2122 | −0.248% | $130K | $347K | 20x | as long as short |
| dYdX XLM-USD | +0.0348% | 1h | 0.2126 | −0.038% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0376% | 1h | 0.2125 | −0.098% | $220K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2121 | −0.282% | $39K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0549% | 1h | 0.2122 | −0.260% | $2.6M | $2.7M | 50x | |
| Deribit XLM_USDC-PERPETUAL | +0.0551% | 1h | 0.2123 | −0.192% | $526K | $172K | 25x | as long as short |
| Hyperliquid XLM | +0.0592% | 1h | 0.2123 | −0.187% | $12.1M | $6.4M | 5x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Hyperliquid XLM