Settings8H · net · $10k
Funding arb · Price arb /

XLM

all XLM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0082%/8h= −8.9% APRnext payment $0.10 per $10,000 · paid last 24h −0.049%
Price spread now: Extended against Kraken Futures−0.057%7-day average −0.054% · you buy dearer than you sell
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.438% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.183%+$18 on $10k
Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.057%, 7d avg −0.054%
Together, before fees+0.267%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.054%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.183%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_XLMUSD0.21330.0186pay 0.0023% / 1h16m 24s$2.6M$2.7M50x
ShortExtended XLM-USD0.21320.0104get 0.0013% / 1h16m 24s$192K$1.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$17.12
Price spread: −0.057% → −0.054%
−$0.32
Slippage, 4 orders
−$28.77
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$61.2
Costs to cover
0.438%
Break-even
never at this rate
Slippage from Kraken Futures: live order book, 2 min ago; Extended: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures live order book, 2 min ago2.11 bp12.0 bp −$1217.7 bp −$17769.4 bp −$6,943doesn't fit
Sell Extended live order book, 2 min ago2.11 bp5.4 bp −$515.2 bp −$152doesn't fitdoesn't fit

XLM on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) XLM/USDL 0.0000% / S +0.0002%1h0.2131−0.065%$4K150xas long as short
Injective XLM/USDC PERP+0.0033%1h0.2125−0.367%$683$241K12xas long as short
Lighter XLM+0.0096%1h0.2136+0.140%$375K$969K5xas long as short
Aster XLMUSDT+0.0100%8h0.2133+0.017%$567K$621K75xas long as short
Binance XLMUSDT+0.0100%8h0.2133−0.001%$54.8M$158.0M75xas long as short
Bybit XLMUSDT+0.0100%8h0.2132−0.039%$43.1M$46.2M75xas long as short
OKX XLM-USDT-SWAP+0.0100%8h0.2132−0.043%$12.5M$43.3M50xas long as short
Gate XLM_USDT+0.0100%8h0.2132−0.015%$4.1M$7.1M75xas long as short
MEXC XLM_USDT+0.0100%8h0.2134+0.046%$25.0M$27.6M300xas long as short
KuCoin XLMUSDTM+0.0100%8h0.2133+0.013%$14.0M$9.5M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget XLMUSDT+0.0100%8h0.2132−0.057%$25.7M$22.0M75xas long as short
BingX XLM-USDC+0.0100%8h0.2132−0.029%$6.7Mas long as short
Variational Omni XLM+0.0100%8h0.2133+0.014%$255K$1.3Mas long as short
edgeX XLMUSDC+0.0100%4h0.2134+0.054%$12K$306K10xas long as short
GRVT XLM_USDT_Perp+0.0100%8h0.2134+0.035%$598K$618K10xas long as short
ApeX Omni XLMUSDT+0.0100%1h0.2133+0.004%$171K$264K50xas long as short
Orderly PERP_XLM_USDC_mythos+0.0100%4h0.2133+0.008%$3K$2K10xas long as short
SunX XLM-USDT+0.0100%8h0.2132−0.053%$2K$1.6M20xas long as short
SoDEX XLM-USD+0.0100%1h0.2135+0.107%$582$6K5xas long as short
HTX XLM-USDT+0.0100%8h0.2136+0.140%$197K$250K20xas long as short
Phemex XLMUSDT+0.0100%8h0.2136+0.130%$9.0M$9.0M50xas long as short
Extended XLM-USDshort+0.0104%1h0.2132−0.057%$192K$1.8M10x
Kraken Futures PF_XLMUSDlong+0.0186%1h0.2133long leg$2.6M$2.7M50x
Hyperliquid XLM+0.0187%1h0.2135+0.083%$12.3M$6.3M5xas long as short
BloFin XLM-USDT+0.0220%8h0.2134+0.069%$2.3M$5.5M75xas long as short
Phoenix XLM+0.0225%1h0.2132−0.020%$5K$46K5xas long as short
dYdX XLM-USD+0.0297%1h0.2133−0.012%$23K$2K10xas long as short
Backpack XLM_USDC_PERP+0.0455%1h0.2134+0.050%$127K$291K20xas long as short
Coinbase International XLM-PERP-INTX+0.0464%1h0.2137+0.172%$246K$1.6M50xas long as short
GMX XLM/USD [WBTC.b-USDC]L +0.0519% / S −0.0247%1h0.2131−0.078%$39K100xas long as short
Deribit XLM_USDC-PERPETUAL+0.0829%1h0.2134+0.041%$529K$159K25xas long as short