Funding you earn now, next payment 05:00 UTC+0.0086%/8h= +9.4% APRpaid last 24h +0.050%
Price spread now: Kraken Futures against BingX+0.029%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$780.776% of the position
Funding, last 7 days−0.127%−$13 on $10k
+Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.029%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.127%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XLM-USDC | 0.2132 | 0.0100 | pay 0.0100% / 8h | 3h 16m | — | $6.7M | — |
| Short | Kraken Futures PF_XLMUSD | 0.2133 | 0.0186 | get 0.0023% / 1h | 16m 20s | $2.6M | $2.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BingX. 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
- $17.96
- Price spread: +0.029% → +0.030%
- −$0.07
- Slippage, 4 orders
- −$57.57
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$59.69
- Costs to cover
- 0.776%
- Break-even
- 30.3 days
Slippage from BingX: live order book, 6 min ago; Kraken Futures: live order book, 2 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 BingX live order book, 6 min ago | 1.41 bp | 25.4 bp −$25 | 121.0 bp −$1,210 | 1091.3 bp −$109.1K | 1338.0 bp −$669.0K |
| Sell Kraken Futures live order book, 2 min ago | 2.11 bp | 19.5 bp −$19 | 31.8 bp −$318 | 82.3 bp −$8,230 | 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 | 0.2131 | −0.036% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.338% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2136 | +0.169% | $375K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2133 | +0.046% | $567K | $621K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2133 | +0.028% | $54.8M | $158.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2132 | −0.009% | $43.1M | $46.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2132 | −0.014% | $12.5M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2132 | +0.014% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2134 | +0.075% | $25.0M | $27.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2133 | +0.042% | $14.0M | $9.5M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2132 | −0.028% | $25.7M | $22.0M | 75x | as long as short |
| BingX XLM-USDClong | +0.0100% | 8h | 0.2132 | long leg | — | $6.7M | — | |
| Variational Omni XLM | +0.0100% | 8h | 0.2133 | +0.043% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2134 | +0.083% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2134 | +0.065% | $598K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2133 | +0.033% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2133 | +0.038% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.023% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2135 | +0.136% | $582 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2136 | +0.169% | $197K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2136 | +0.159% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2132 | −0.028% | $192K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0186% | 1h | 0.2133 | +0.029% | $2.6M | $2.7M | 50x | |
| Hyperliquid XLM | +0.0187% | 1h | 0.2135 | +0.113% | $12.3M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | +0.098% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2132 | +0.009% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0297% | 1h | 0.2133 | +0.018% | $23K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0455% | 1h | 0.2134 | +0.080% | $127K | $291K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2137 | +0.202% | $246K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2131 | −0.049% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0829% | 1h | 0.2134 | +0.070% | $529K | $159K | 25x | as long as short |
BingX XLM-USDC
Kraken Futures PF_XLMUSD
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 XLMUSDTM
Bitget XLMUSDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL