Funding you earn now, next payment 02:00 UTC+0.0281%/8h= +30.8% APRpaid last 24h +0.041%
Price spread now: Kraken Futures against Gate+0.029%7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$570.571% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 3 days (all we have)−0.025%−$3 · spread now +0.029%, 7d avg +0.026%
=The price spread sits at its 7-day average of +0.026%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.113%, 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 -0.113% in total (about -5.9% a year). A funding rate is set anew for every payment. 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 | Gate XLM_USDT | 0.2124 | 0.0100 | pay 0.0100% / 8h | 6h 15m | $4.1M | $6.7M | 75x |
| Short | Kraken Futures PF_XLMUSD | 0.2125 | 0.0381 | get 0.0048% / 1h | 15m 16s | $2.6M | $2.7M | 50x |
Gate XLM_USDT
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Gate. 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
- $58.98
- Price spread: +0.029% → +0.026%
- $0.22
- Slippage, 4 orders
- −$32.09
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $2.11
- Costs to cover
- 0.571%
- Break-even
- 6.7 days
Slippage from Gate: live order book, 3 min ago; Kraken Futures: live order book, 3 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 Gate live order book, 3 min ago | 2.83 bp | 16.5 bp −$17 | 38.3 bp −$383 | doesn't fit | doesn't fit |
| Sell Kraken Futures live order book, 3 min ago | 3.76 bp | 11.1 bp −$11 | 25.6 bp −$256 | 140.5 bp −$14.1K | doesn't fit |
XLM on 30 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 | 0.2124 | −0.032% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.038% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2125 | +0.042% | $359K | $906K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2125 | +0.061% | $54.0M | $155.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2124 | −0.014% | $42.9M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2124 | −0.005% | $12.6M | $41.9M | 50x | as long as short |
| Gate XLM_USDTlong | +0.0100% | 8h | 0.2124 | long leg | $4.1M | $6.7M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2124 | −0.005% | $23.7M | $27.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2125 | +0.024% | $14.1M | $10.0M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2124 | +0.014% | $25.4M | $20.7M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2124 | 0.000% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2123 | −0.066% | $88K | $262K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2122 | −0.099% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2126 | +0.069% | $11K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2127 | +0.148% | $595K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2126 | +0.089% | $170K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2124 | −0.009% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2115 | −0.424% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2124 | +0.014% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2125 | +0.024% | $196K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2124 | +0.014% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2124 | +0.011% | $191K | $1.8M | 10x | as long as short |
| dYdX XLM-USD | +0.0116% | 1h | 0.2122 | −0.100% | $23K | $2K | 10x | as long as short |
| Aster XLMUSDT | +0.0122% | 8h | 0.2123 | −0.042% | $568K | $622K | 75x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2124 | +0.014% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0293% | 1h | 0.2126 | +0.094% | $12.2M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0381% | 1h | 0.2125 | +0.029% | $2.6M | $2.7M | 50x | |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2126 | +0.085% | $232K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2123 | −0.043% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0692% | 1h | 0.2125 | +0.061% | $527K | $151K | 25x | as long as short |
BingX XLM-USDC
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
Extended XLM-USD
dYdX XLM-USD
Aster XLMUSDT
Phoenix XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL