XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0173%/8h= +19.0% APRnext payment +$0.22 per $10,000 · paid last 24h −0.043%

Price spread now: Kraken Futures against Coinbase International−0.098%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$54as in the Price arb table

costs, in and out, $10k−$500.501% of the position

Long on Coinbase International Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days−0.332%−$33 on $10k

Price spread, last 4 days (all we have)+0.090%+$9 · spread now −0.098%, 7d avg −0.062%

Together, before fees−0.242%−$24 on $10k · with fees, hour by hour

Funding pays, the price is against you. Kraken Futures is 0.036% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.098% now, against its 7-day average of −0.062%). If the spread goes back, that is −$4 on $10k: about 17 hours of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.332%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XLM-PERP-INTX	0.2124	0.0376	pay 0.0047% / 1h	59m 24s	$219K	$1.6M	50x
Short	Kraken Futures PF_XLMUSD	0.2122	0.0549	get 0.0069% / 1h	59m 24s	$2.6M	$2.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures against Coinbase International. 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 Coinbase InternationalbpFee Kraken FuturesbpOrdersPrice spread, now −0.098%Rate

Funding earned: $36.4
Price spread: −0.098% → −0.062%: −$3.59
Slippage, 4 orders: −$30.08
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: −$17.27
Costs to cover: 0.501%
Break-even: 10.3 days

Slippage from Coinbase International: live order book, 4 min ago; Kraken Futures: 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 Coinbase International live order book, 4 min ago	3.54 bp	13.1 bp −$13	18.1 bp −$181	doesn't fit	doesn't fit
Sell Kraken Futures live order book, 4 min ago	3.78 bp	9.4 bp −$9	25.8 bp −$258	175.5 bp −$17.6K	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
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	0.2118	−0.271%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	+0.066%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2122	−0.075%	$366K	$916K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2120	−0.164%	$562K	$585K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2119	−0.221%	$54.8M	$159.9M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2118	−0.264%	$43.3M	$46.4M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2119	−0.235%	$12.1M	$44.9M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2119	−0.235%	$3.9M	$7.2M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2119	−0.217%	$24.4M	$28.6M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2119	−0.231%	$14.0M	$9.2M	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	0.2118	−0.259%	$25.6M	$22.8M	75x	as long as short
BingX XLM-USDT	+0.0100%	8h	0.2119	−0.193%	—	$7.4M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2121	−0.104%	$130K	$344K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2119	−0.207%	$253K	$1.3M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2118	−0.254%	$12K	$309K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2121	−0.103%	$591K	$570K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2118	−0.264%	$170K	$264K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2120	−0.170%	$3K	$247	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2118	−0.245%	$2K	$1.6M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2121	−0.127%	$578	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2122	−0.085%	$196K	$220K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2122	−0.099%	$8.7M	$8.9M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2119	−0.235%	$189K	$1.1M	10x	as long as short
BloFin XLM-USDT	+0.0220%	8h	0.2123	−0.038%	$2.3M	$5.5M	75x	as long as short
Hyperliquid XLM	+0.0244%	1h	0.2121	−0.137%	$12.1M	$6.4M	5x	as long as short
Phoenix XLM	+0.0264%	1h	0.2122	−0.085%	$4K	$50K	5x	as long as short
dYdX XLM-USD	+0.0268%	1h	0.2121	−0.137%	$23K	$2K	10x	as long as short
Coinbase International XLM-PERP-INTXlong	+0.0376%	1h	0.2124	long leg	$219K	$1.6M	50x
GMX XLM/USD [WBTC.b-USDC]	L +0.0518% / S −0.0247%	1h	0.2120	−0.162%	$39K	—	100x	as long as short
Kraken Futures PF_XLMUSDshort	+0.0549%	1h	0.2122	−0.098%	$2.6M	$2.6M	50x
Deribit XLM_USDC-PERPETUAL	+0.0835%	1h	0.2122	−0.057%	$526K	$172K	25x	as long as short