Funding you earn now, next payment 06:00 UTC−0.0043%/8h= −4.7% APRpaid last 24h −0.049%
Price spread now: BingX against Kraken Futures−0.067%7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.067% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.120%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XLMUSD | 0.2116 | 0.0143 | pay 0.0018% / 1h | 47m 14s | $2.6M | $2.7M | 50x |
| Short | BingX XLM-USDT | 0.2114 | 0.0100 | get 0.0100% / 8h | 2h 47m | — | $7.3M | — |
Kraken Futures PF_XLMUSD
BingX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$9.01
- Price spread: −0.067% → 0.000%
- −$6.66
- Slippage, 4 orders
- −$20.87
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$56.54
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 1 min ago; BingX: live order book, 1 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 Kraken Futures live order book, 1 min ago | 2.83 bp | 13.0 bp −$13 | 18.4 bp −$184 | 85.6 bp −$8,561 | doesn't fit |
| Sell BingX live order book, 1 min ago | 0.24 bp | 6.3 bp −$6 | 9.1 bp −$91 | 21.5 bp −$2,148 | 86.9 bp −$43.5K |
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 | 0.2115 | −0.036% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.439% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2118 | +0.104% | $372K | $959K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2116 | +0.025% | $562K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2115 | −0.049% | $54.0M | $159.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2113 | −0.128% | $42.9M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2114 | −0.067% | $12.4M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.005% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2115 | −0.038% | $24.8M | $27.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2115 | −0.019% | $13.9M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2114 | −0.076% | $25.4M | $22.5M | 75x | as long as short |
| BingX XLM-USDTshort | +0.0100% | 8h | 0.2114 | −0.067% | — | $7.3M | — | |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2120 | +0.222% | $125K | $295K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2119 | +0.162% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2119 | +0.165% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2121 | +0.274% | $594K | $608K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2121 | +0.255% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2116 | +0.014% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.057% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2115 | −0.034% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2118 | +0.113% | $195K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2116 | −0.005% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2115 | −0.051% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSDlong | +0.0143% | 1h | 0.2116 | long leg | $2.6M | $2.7M | 50x | |
| Hyperliquid XLM | +0.0170% | 1h | 0.2118 | +0.090% | $12.1M | $6.4M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2116 | +0.004% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2120 | +0.189% | $4K | $49K | 5x | as long as short |
| dYdX XLM-USD | +0.0251% | 1h | 0.2117 | +0.084% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2116 | +0.023% | $227K | $1.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0507% | 1h | 0.2117 | +0.037% | $525K | $163K | 25x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2115 | −0.038% | $39K | — | 100x | as long as short |
Bitget XLMUSDT
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
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL
GMX XLM/USD [WBTC.b-USDC]