XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0943%/8h= +103.3% APRnext payment +$1.18 per $10,000 · paid last 24h −0.034%

Price spread now: GMX against Kraken Futures−0.057%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Kraken Futures Short on GMX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. GMX is 0.057% cheaper against Kraken Futures than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 5 hours of funding at the current rate (+$28 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Kraken Futures PF_XLMUSD	0.2170	0.0182	pay 0.0023% / 1h	23m 40s	$2.6M	$2.6M	50x
Short	GMX XLM/USD [WBTC.b-USDC]	0.2169	L +0.0599% / S −0.1125%	get 0.0141% / 1h	23m 40s	$174K	—	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GMX 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee GMXbpOrdersPrice spread, now −0.057%Rate

Funding earned: $198.11
Price spread: −0.057% → 0.000%: −$5.71
Slippage, 4 orders: no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee GMX: 6 bp × 2 orders: −$12
Net: $170.4
Costs to cover: 0.220%
Break-even: 1.0 days

Slippage unknown: Kraken Futures: live order book, 5 min ago; GMX: no order-book sample. Net counts fees only.

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, 5 min ago	6.93 bp	13.3 bp −$13	18.7 bp −$187	71.6 bp −$7,157	doesn't fit
Sell GMX no order-book sample	—	—	—	—	—

GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	0.2157	−0.607%	$736	$241K	12x	as long as short
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	0.2169	−0.073%	$4K	—	150x	as long as short
dYdX XLM-USD	+0.0040%	1h	0.2166	−0.209%	$24K	$2K	10x	as long as short
Lighter XLM	+0.0096%	1h	0.2169	−0.054%	$400K	$838K	5x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2167	−0.151%	$55.9M	$150.9M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2166	−0.183%	$44.2M	$44.0M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2165	−0.216%	$13.2M	$41.5M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2166	−0.174%	$4.1M	$6.3M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2167	−0.160%	$25.2M	$26.5M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2166	−0.174%	$14.4M	$10.2M	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	0.2165	−0.216%	$25.8M	$19.6M	75x	as long as short
BingX XLM-USDC	+0.0100%	8h	0.2166	−0.197%	—	$6.7M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2170	−0.027%	$89K	$265K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2166	−0.186%	$285K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2165	−0.228%	$12K	$301K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2165	−0.248%	$610K	$590K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2164	−0.271%	$173K	$257K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2170	−0.008%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2167	−0.137%	$2K	$1.7M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2170	−0.008%	$2K	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2168	−0.082%	$200K	$256K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2170	+0.006%	$9.1M	$9.0M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2166	−0.208%	$194K	$1.7M	10x	as long as short
Aster XLMUSDT	+0.0145%	8h	0.2167	−0.136%	$581K	$660K	75x	as long as short
Kraken Futures PF_XLMUSDlong	+0.0182%	1h	0.2170	long leg	$2.6M	$2.6M	50x
BloFin XLM-USDT	+0.0220%	8h	0.2170	−0.031%	$2.3M	$5.4M	75x	as long as short
Phoenix XLM	+0.0223%	1h	0.2165	−0.248%	$5K	$42K	5x	as long as short
Coinbase International XLM-PERP-INTX	+0.0448%	1h	0.2170	+0.010%	$230K	$1.5M	50x	as long as short
Hyperliquid XLM	+0.0536%	1h	0.2169	−0.041%	$12.5M	$6.2M	5x	as long as short
GMX XLM/USD [WBTC.b-USDC]short	L +0.0599% / S −0.1125%	1h	0.2169	−0.057%	$174K	—	100x
Deribit XLM_USDC-PERPETUAL	+0.0718%	1h	0.2172	+0.061%	$539K	$150K	25x	as long as short