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: Extended against Kraken Futures−0.019%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as 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)+0.017%+$2 · spread now −0.019%, 7d avg −0.050%
=Together, before fees+0.193%+ Points / potential airdropExtended: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.031% dearer against Kraken Futures than usual: you sell high and buy low (spread −0.019% now, against its 7-day average of −0.050%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.176%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XLMUSD | 0.2113 | 0.0143 | pay 0.0018% / 1h | 44m 34s | $2.6M | $2.7M | 50x |
| Short | Extended XLM-USD | 0.2112 | 0.0104 | get 0.0013% / 1h | 44m 34s | $189K | $1.8M | 10x |
Kraken Futures PF_XLMUSD
Extended XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Kraken Futures. 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: −0.019% → −0.050%
- $3.13
- Slippage, 4 orders
- −$25.14
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$45.22
- Costs to cover
- 0.401%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 4 min ago; Extended: 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 Kraken Futures live order book, 4 min ago | 2.83 bp | 13.0 bp −$13 | 18.4 bp −$184 | 85.6 bp −$8,561 | doesn't fit |
| Sell Extended live order book, 4 min ago | 2.83 bp | 5.3 bp −$5 | 14.4 bp −$144 | doesn't fit | 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 | −0.019% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.573% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2116 | +0.152% | $355K | $981K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2113 | +0.014% | $561K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2113 | +0.010% | $54.0M | $159.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2112 | −0.061% | $42.8M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2112 | −0.019% | $12.4M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2113 | −0.004% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2114 | +0.052% | $24.7M | $27.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2113 | +0.010% | $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 | 0.2112 | −0.037% | $25.4M | $22.5M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2113 | 0.000% | — | $7.3M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2113 | +0.015% | $124K | $296K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2112 | −0.036% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2117 | +0.188% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2115 | +0.119% | $593K | $608K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2115 | +0.100% | $169K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2113 | +0.005% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2112 | −0.056% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2112 | −0.019% | $575 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2114 | +0.062% | $195K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2113 | 0.000% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2112 | −0.019% | $189K | $1.8M | 10x | |
| Kraken Futures PF_XLMUSDlong | +0.0143% | 1h | 0.2113 | long leg | $2.6M | $2.7M | 50x | |
| Hyperliquid XLM | +0.0199% | 1h | 0.2114 | +0.071% | $12.1M | $6.4M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2113 | +0.010% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2117 | +0.209% | $4K | $49K | 5x | as long as short |
| dYdX XLM-USD | +0.0260% | 1h | 0.2113 | −0.013% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2115 | +0.109% | $227K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0247% | 1h | 0.2113 | −0.009% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0744% | 1h | 0.2114 | +0.052% | $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