Funding you earn now, next payment 00:00 UTC+0.0312%/8h= +34.1% APRpaid last 24h +0.041%
Price spread now: Kraken Futures against Gate+0.038%7-day average +0.024% · 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−$63as in the Price arb table
costs, in and out, $10k−$650.645% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 3 days (all we have)−0.060%−$6 · spread now +0.038%, 7d avg +0.024%
=The price spread sits at its 7-day average of +0.024%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.129%, 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 -0.129% in total (about -6.7% 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 | Gate XLM_USDT | 0.2165 | 0.0100 | pay 0.0100% / 8h | 38m 43s | $4.1M | $6.2M | 75x |
| Short | Kraken Futures PF_XLMUSD | 0.2166 | 0.0412 | get 0.0051% / 1h | 38m 43s | $2.6M | $2.6M | 50x |
Gate XLM_USDT
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $65.46
- Price spread: +0.038% → +0.024%
- $1.45
- Slippage, 4 orders
- −$39.54
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $2.37
- Costs to cover
- 0.645%
- Break-even
- 6.7 days
Slippage from Gate: live order book, 4 min ago; Kraken Futures: live order book, 5 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 Gate live order book, 4 min ago | 3.00 bp | 17.3 bp −$17 | 34.2 bp −$342 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 5 min ago | 5.31 bp | 15.5 bp −$16 | 24.3 bp −$243 | 106.3 bp −$10.6K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2039 | −5.811% | $5K | $238K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2166 | +0.037% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0062% | 1h | 0.2165 | −0.007% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2168 | +0.129% | $581K | $752K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2166 | +0.065% | $55.9M | $150.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2166 | +0.051% | $44.0M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2166 | +0.055% | $13.1M | $41.8M | 50x | as long as short |
| Gate XLM_USDTlong | +0.0100% | 8h | 0.2165 | long leg | $4.1M | $6.2M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2167 | +0.097% | $25.6M | $26.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2165 | +0.009% | $14.5M | $10.4M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
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 | 0.2166 | +0.069% | $25.8M | $19.3M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2166 | +0.042% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2165 | +0.032% | $94K | $266K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2168 | +0.158% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2168 | +0.167% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2169 | +0.176% | $600K | $613K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2169 | +0.199% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2166 | +0.055% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2164 | −0.046% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2166 | +0.042% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2167 | +0.092% | $200K | $260K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2166 | +0.060% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2165 | −0.007% | $194K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2167 | +0.115% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2167 | +0.088% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2165 | +0.016% | $45K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0412% | 1h | 0.2166 | +0.038% | $2.6M | $2.6M | 50x | |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2171 | +0.291% | $234K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0525% | 1h | 0.2168 | +0.148% | $12.3M | $6.1M | 5x | as long as short |
| Lighter XLM | +0.0576% | 1h | 0.2170 | +0.240% | $420K | $809K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0766% | 1h | 0.2168 | +0.134% | $538K | $160K | 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
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
Lighter XLM
Deribit XLM_USDC-PERPETUAL