Funding you earn now, next payment 02:00 UTC+0.0162%/8h= +17.7% APRpaid last 24h +0.005%
Price spread now: Kraken Futures against BloFin−0.627%837s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$520.525% of the position
Funding, last 7 days−0.400%−$40 on $10k
+Price spread, last 3 days (all we have)+0.638%+$64 · spread now −0.627%, 7d avg +0.001%
=Funding pays, the price is against you. Kraken Futures is 0.627% cheaper against BloFin than usual: you would sell low and buy high (spread −0.627% now, against its 7-day average of +0.001%). If the spread goes back, that is −$63 on $10k: about 13 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.400%, so the current rate has only just turned in your favour. The two prices were read 837 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XLM-USDT | 0.2134 | 0.0220 | pay 0.0220% / 8h | 6h 35m | $2.3M | $5.2M | 75x |
| Short | Kraken Futures PF_XLMUSD | 0.2121 | 0.0382 | get 0.0048% / 1h | 35m 10s | $2.6M | $2.6M | 50x |
BloFin XLM-USDT
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against BloFin. 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
- $33.93
- Price spread: −0.627% → +0.001%
- −$62.74
- Slippage, 4 orders
- −$30.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$81.26
- Costs to cover
- 0.525%
- Break-even
- 23.8 days
Slippage from BloFin: live order book, 13 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 BloFin live order book, 13 min ago | 3.52 bp | 9.9 bp −$10 | 13.7 bp −$137 | 30.9 bp −$3,092 | 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 | −0.681% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2118 | −0.736% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.431% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2121 | −0.633% | $358K | $898K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2120 | −0.649% | $53.8M | $155.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2121 | −0.637% | $42.6M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2121 | −0.609% | $12.7M | $41.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2119 | −0.722% | $4.0M | $6.6M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | −0.614% | $23.7M | $26.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2122 | −0.595% | $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 | 0.2119 | −0.689% | $25.1M | $20.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2119 | −0.703% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2121 | −0.628% | $88K | $263K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2119 | −0.704% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2115 | −0.882% | $11K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2116 | −0.869% | $592K | $613K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2115 | −0.876% | $169K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2120 | −0.665% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2117 | −0.797% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2120 | −0.665% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2117 | −0.806% | $195K | $269K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2119 | −0.698% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2120 | −0.681% | $188K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0123% | 8h | 0.2118 | −0.740% | $566K | $631K | 75x | as long as short |
| Hyperliquid XLM | +0.0158% | 1h | 0.2121 | −0.609% | $12.2M | $6.4M | 5x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2115 | −0.895% | $5K | $46K | 5x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2134 | long leg | $2.3M | $5.2M | 75x | |
| Kraken Futures PF_XLMUSDshort | +0.0382% | 1h | 0.2121 | −0.627% | $2.6M | $2.6M | 50x | |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2121 | −0.604% | $233K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0193% | 1h | 0.2118 | −0.750% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0930% | 1h | 0.2122 | −0.595% | $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
ApeX Omni XLMUSDT
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
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL