Funding you earn now, next payment 08:00 UTC−0.0451%/8h= −49.4% APRpaid last 24h −0.050%
Price spread now: HTX against Kraken Futures−0.003%59s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$860.863% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.003%, 7d avg −0.016%
=The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.153%, so the current rate has only just turned against you. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% 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 | Kraken Futures PF_XLMUSD | 0.2114 | 0.0551 | pay 0.0069% / 1h | 33m 18s | $2.5M | $2.6M | 50x |
| Short | HTX XLM-USDT | 0.2114 | 0.0100 | get 0.0100% / 8h | 33m 18s | $195K | $222K | 20x |
Kraken Futures PF_XLMUSD
HTX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$94.76
- Price spread: −0.003% → −0.016%
- $1.32
- Slippage, 4 orders
- −$64.27
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$179.71
- Costs to cover
- 0.863%
- Break-even
- never at this rate
Slippage from Kraken Futures: live order book, 5 min ago; HTX: 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 Kraken Futures live order book, 5 min ago | 4.95 bp | 13.0 bp −$13 | 19.4 bp −$194 | 84.1 bp −$8,405 | doesn't fit |
| Sell HTX live order book, 3 min ago | 13.24 bp | 26.9 bp −$27 | doesn't fit | doesn't fit | 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 | 0.2113 | −0.035% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.513% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2118 | +0.172% | $365K | $941K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2113 | −0.036% | $560K | $596K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2115 | +0.018% | $54.2M | $160.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2114 | −0.021% | $42.8M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2114 | +0.007% | $12.1M | $44.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2114 | −0.021% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2114 | +0.012% | $24.2M | $29.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2114 | +0.002% | $14.0M | $9.3M | 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 | −0.031% | $25.4M | $22.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2114 | −0.012% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2113 | −0.050% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2116 | +0.089% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2115 | +0.026% | $584K | $577K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2114 | +0.002% | $169K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2113 | −0.055% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2113 | −0.050% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2114 | −0.026% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDTshort | +0.0100% | 8h | 0.2114 | −0.003% | $195K | $222K | 20x | |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2115 | +0.064% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2114 | −0.011% | $189K | $1.3M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0183% | 1h | 0.2114 | −0.007% | $129K | $344K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2115 | +0.059% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2116 | +0.092% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0299% | 1h | 0.2115 | +0.021% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0376% | 1h | 0.2114 | −0.007% | $219K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2113 | −0.042% | $39K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSDlong | +0.0551% | 1h | 0.2114 | long leg | $2.5M | $2.6M | 50x | |
| Hyperliquid XLM | +0.0560% | 1h | 0.2117 | +0.144% | $12.1M | $6.5M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0886% | 1h | 0.2116 | +0.078% | $524K | $172K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL