XLM

Alert

Funding spread now, next payment 13:00 UTC+0.0471%/8h

next payment, per $10,000+$0.59paid, last 24h+0.023%paid, last 7 days+0.229%to open and close $10k−$42

Long on Kraken Futures Short on Hyperliquid

The current rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.59 per $10,000. 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	Kraken Futures PF_XLMUSD	0.2112	0.0172	pay 0.0022% / 1h	31m 04s	$2.3M	$2.1M	50x
Short	Hyperliquid XLM	0.2114	0.0643	get 0.0080% / 1h	31m 04s	$11.8M	$4.8M	5x

Funding history

latest

Range statsloading…

Funding on every exchange

click an exchange to add or hide it

latest

Profit calculator

Position, each leg$Hold fordaysFee Kraken FuturesbpFee HyperliquidbpOrdersRate

Funding earned: $98.81
Slippage, 4 orders: −$22.83
Fee Kraken Futures: 5 bp × 2 orders: −$10
Fee Hyperliquid: 4.5 bp × 2 orders: −$9
Net: $56.98
Break-even: 3.0 days

Slippage from Kraken Futures: live order book, 4 min ago; Hyperliquid: live order book, 3 min ago.

Price risk

price view

Price gap now: +0.125%
Avg gap 7d: +0.063%

A gap far from its average can cost days of funding.

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

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	1.65 bp	14.1 bp −$14	22.1 bp −$221	78.1 bp −$7,808	doesn't fit
Sell Hyperliquid live order book, 3 min ago	0.24 bp	6.8 bp −$7	doesn't fit	doesn't fit	doesn't fit

XLM on 30 venues

lowest funding first. Swap a leg.

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	$8K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	$786	$126K	12x	as long as short
Aster XLMUSDT	+0.0100%	8h	$566K	$1.1M	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	$51.6M	$120.6M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	$41.2M	$32.5M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	$11.4M	$29.8M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	$3.7M	$5.7M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	$26.0M	$20.7M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	$14.2M	$8.9M	75x	as long as short
Bitget XLMUSDT	+0.0100%	8h	$24.7M	$14.9M	75x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	OI	Vol 24h	Max lev
BingX XLM-USDC	+0.0100%	8h	—	$6.6M	—	as long as short
Variational Omni XLM	+0.0100%	8h	$252K	$133K	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	$13K	$281K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	$170K	$243K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	$2K	$1.5M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	$443	$5K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	$197K	$355K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	$8.7M	$8.5M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	$144K	$1.3M	10x	as long as short
Backpack XLM_USDC_PERP	+0.0148%	1h	$93K	$164K	20x	as long as short
Kraken Futures PF_XLMUSDlong	+0.0172%	1h	$2.3M	$2.1M	50x
dYdX XLM-USD	+0.0175%	1h	$24K	$1K	10x	as long as short
Phoenix XLM	+0.0190%	1h	$13K	$33K	5x	as long as short
BloFin XLM-USDT	+0.0220%	8h	$2.2M	$5.4M	75x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0271%	1h	$529K	$165K	25x	as long as short
Coinbase International XLM-PERP-INTX	+0.0296%	1h	$256K	$1.3M	50x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0338% / S −0.0204%	1h	$42K	—	100x	as long as short
Hyperliquid XLMshort	+0.0643%	1h	$11.8M	$4.8M	5x
Lighter XLM	+0.0888%	1h	$478K	$639K	5x	as long as short