XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0385%/8h= +42.2% APRnext payment +$0.48 per $10,000 · paid last 24h +0.056%

Price spread now: Kraken Futures against ApeX Omni+0.109%7-day average +0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$520.516% of the position

Long on ApeX Omni Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.096%−$10 on $10k

Price spread, last 4 days (all we have)+0.073%+$7 · spread now +0.109%, 7d avg +0.003%

Together, before fees−0.023%−$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Kraken Futures is 0.105% dearer against ApeX Omni than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.003%. Mind the row above: over the last 7 days funding on this pair cost −0.096%, 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 -0.096% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.48 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni XLMUSDT	0.2120	0.0100	pay 0.0013% / 1h	14m 50s	$170K	$251K	50x
Short	Kraken Futures PF_XLMUSD	0.2123	0.0485	get 0.0061% / 1h	14m 50s	$2.6M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against ApeX Omni. 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 ApeX OmnibpFee Kraken FuturesbpOrdersPrice spread, now +0.109%Rate

Funding earned: $80.86
Price spread: +0.109% → +0.003%: $10.53
Slippage, 4 orders: −$31.58
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $39.81
Costs to cover: 0.516%
Break-even: 3.6 days

Slippage from ApeX Omni: live order book, 35 min ago; Kraken Futures: live order book, 2 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 ApeX Omni live order book, 35 min ago	3.78 bp	11.7 bp −$12	107.6 bp −$1,076	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 2 min ago	2.12 bp	12.4 bp −$12	27.9 bp −$279	161.3 bp −$16.1K	doesn't fit

XLM on 31 exchanges

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	0.2122	+0.099%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	+0.222%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2125	+0.217%	$372K	$861K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2125	+0.222%	$563K	$475K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2124	+0.179%	$54.9M	$149.2M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2123	+0.146%	$44.1M	$42.5M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2124	+0.151%	$12.3M	$43.4M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2125	+0.226%	$4.0M	$7.0M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2126	+0.255%	$24.5M	$28.3M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2124	+0.179%	$13.8M	$8.7M	75x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2124	+0.160%	$25.9M	$22.0M	75x	as long as short
BingX XLM-USDC	+0.0100%	8h	0.2124	+0.184%	—	$6.7M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2123	+0.118%	$120K	$317K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2121	+0.035%	$254K	$1.2M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2121	+0.049%	$12K	$310K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2122	+0.095%	$585K	$530K	10x	as long as short
ApeX Omni XLMUSDTlong	+0.0100%	1h	0.2120	long leg	$170K	$251K	50x
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2123	+0.127%	$3K	$247	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2124	+0.179%	$1K	$1.4M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2122	+0.085%	$578	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2123	+0.141%	$189K	$206K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2123	+0.137%	$8.7M	$8.7M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2123	+0.151%	$190K	$627K	10x	as long as short
Phoenix XLM	+0.0150%	1h	0.2123	+0.123%	$4K	$47K	5x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2124	+0.160%	$2.3M	$5.3M	75x	as long as short
Coinbase International XLM-PERP-INTX	+0.0328%	1h	0.2123	+0.127%	$211K	$1.4M	50x	as long as short
Hyperliquid XLM	+0.0407%	1h	0.2126	+0.259%	$12.3M	$5.6M	5x	as long as short
Kraken Futures PF_XLMUSDshort	+0.0485%	1h	0.2123	+0.109%	$2.6M	$2.4M	50x
dYdX XLM-USD	+0.0518%	1h	0.2122	+0.091%	$27K	$5K	10x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0550% / S −0.0272%	1h	0.2122	+0.069%	$42K	—	100x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0834%	1h	0.2125	+0.203%	$526K	$101K	25x	as long as short