Funding you earn now, next payment 02:00 UTC+0.0282%/8h= +30.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.041%
Price spread now: Kraken Futures against ApeX Omni+0.252%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)−0.207%−$21 · spread now +0.252%, 7d avg +0.009%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Kraken Futures is 0.242% dearer against ApeX Omni than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.009%. Mind the row above: over the last 7 days funding on this pair cost −0.169%, 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 -0.169% in total (about -8.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.35 per $10,000. 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 | ApeX Omni XLMUSDT | 0.2115 | 0.0100 | pay 0.0013% / 1h | 35m 07s | $169K | $257K | 50x |
| Short | Kraken Futures PF_XLMUSD | 0.2121 | 0.0382 | get 0.0048% / 1h | 35m 07s | $2.6M | $2.6M | 50x |
ApeX Omni XLMUSDT
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against ApeX 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
- $59.13
- Price spread: +0.252% → +0.009%
- $24.22
- Slippage, 4 orders
- −$40.01
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $23.34
- Costs to cover
- 0.600%
- Break-even
- 4.2 days
Slippage from ApeX Omni: live order book, 32 min ago; Kraken Futures: live order book, 4 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 ApeX Omni live order book, 32 min ago | 6.25 bp | 14.3 bp −$14 | 103.9 bp −$1,039 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 8.28 bp | 13.4 bp −$13 | 25.5 bp −$255 | 122.6 bp −$12.3K | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2120 | +0.197% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2118 | +0.141% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.449% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2121 | +0.246% | $358K | $898K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2123 | +0.355% | $53.9M | $155.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2122 | +0.307% | $42.7M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2122 | +0.312% | $12.7M | $41.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2121 | +0.260% | $4.0M | $6.6M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | +0.265% | $23.7M | $26.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2122 | +0.284% | $14.1M | $10.0M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
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 | 0.2122 | +0.307% | $25.2M | $20.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2121 | +0.269% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2122 | +0.298% | $88K | $263K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2119 | +0.174% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2115 | −0.005% | $11K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2116 | +0.007% | $592K | $613K | 10x | as long as short |
| ApeX Omni XLMUSDTlong | +0.0100% | 1h | 0.2115 | long leg | $169K | $257K | 50x | |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2120 | +0.213% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2117 | +0.080% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2120 | +0.213% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2117 | +0.071% | $195K | $269K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2119 | +0.180% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2120 | +0.197% | $188K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0123% | 8h | 0.2118 | +0.137% | $566K | $631K | 75x | as long as short |
| Hyperliquid XLM | +0.0164% | 1h | 0.2123 | +0.350% | $12.2M | $6.4M | 5x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2115 | −0.019% | $5K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | +0.884% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0382% | 1h | 0.2121 | +0.252% | $2.6M | $2.6M | 50x | |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2121 | +0.274% | $233K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0193% | 1h | 0.2118 | +0.128% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0930% | 1h | 0.2122 | +0.284% | $527K | $150K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
Hyperliquid XLM
Phoenix XLM
BloFin XLM-USDT
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL