Funding you earn now, next payment 06:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.048%
Price spread now: Kraken Futures against Extended+0.034%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.034%, 7d avg +0.050%
=Together, before fees−0.208%+ Points / potential airdropExtended: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.176%, 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 | Extended XLM-USD | 0.2112 | 0.0104 | pay 0.0013% / 1h | 44m 49s | $189K | $1.8M | 10x |
| Short | Kraken Futures PF_XLMUSD | 0.2113 | 0.0143 | get 0.0018% / 1h | 44m 49s | $2.6M | $2.7M | 50x |
Extended XLM-USD
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Extended. 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
- $8.21
- Price spread: +0.034% → +0.050%
- −$1.59
- Slippage, 4 orders
- −$25.14
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$33.52
- Costs to cover
- 0.401%
- Break-even
- 35.6 days
Slippage from Extended: live order book, 4 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 Extended live order book, 4 min ago | 2.83 bp | 7.3 bp −$7 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 4 min ago | 2.83 bp | 14.5 bp −$15 | 28.7 bp −$287 | 84.0 bp −$8,396 | 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 | 0.2112 | +0.015% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.608% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2115 | +0.158% | $356K | $981K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2114 | +0.073% | $561K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2114 | +0.063% | $54.0M | $159.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2112 | −0.008% | $42.8M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2114 | +0.068% | $12.4M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2112 | +0.016% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2113 | +0.030% | $24.7M | $27.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2113 | +0.030% | $13.9M | $9.4M | 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 | 0.2113 | +0.035% | $25.4M | $22.5M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2113 | +0.035% | — | $7.3M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2113 | +0.049% | $124K | $296K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2112 | −0.002% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2117 | +0.223% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2115 | +0.154% | $593K | $608K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2115 | +0.134% | $169K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2113 | +0.040% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2112 | −0.022% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2112 | +0.016% | $575 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2114 | +0.096% | $195K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2113 | +0.035% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USDlong | +0.0104% | 1h | 0.2112 | long leg | $189K | $1.8M | 10x | |
| Kraken Futures PF_XLMUSDshort | +0.0143% | 1h | 0.2113 | +0.034% | $2.6M | $2.7M | 50x | |
| Hyperliquid XLM | +0.0194% | 1h | 0.2114 | +0.111% | $12.1M | $6.4M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2113 | +0.044% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2117 | +0.243% | $4K | $49K | 5x | as long as short |
| dYdX XLM-USD | +0.0279% | 1h | 0.2113 | +0.019% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2115 | +0.144% | $227K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0247% | 1h | 0.2113 | +0.025% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0744% | 1h | 0.2114 | +0.087% | $524K | $163K | 25x | 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
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL