Funding you earn now, next payment 05:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.050%
Price spread now: SoDEX against Kraken Futures−0.025%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+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 −$3 a day on $10k at the current rate, and SoDEX is 0.025% cheaper against Kraken Futures than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_XLMUSD | 0.2139 | 0.0185 | pay 0.0023% / 1h | 41m 19s | $2.6M | $2.7M | 50x |
| Short | SoDEX XLM-USD | 0.2139 | 0.0100 | get 0.0013% / 1h | 41m 19s | $583 | $6K | 5x |
Kraken Futures PF_XLMUSD
SoDEX XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$17.84
- Price spread: −0.025% → 0.000%
- −$2.48
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$38.32
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: live order book, 2 min ago; SoDEX: no order-book sample. Net counts fees only.
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, 2 min ago | 2.09 bp | 11.7 bp −$12 | 20.9 bp −$209 | 92.9 bp −$9,288 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2137 | −0.075% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.656% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2141 | +0.078% | $376K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2136 | −0.126% | $568K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2138 | −0.040% | $54.9M | $157.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2137 | −0.095% | $43.3M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2138 | −0.039% | $12.6M | $43.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2137 | −0.100% | $4.0M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2138 | −0.058% | $23.9M | $27.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2137 | −0.104% | $14.1M | $9.5M | 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 | 0.2137 | −0.072% | $25.9M | $21.9M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2137 | −0.072% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2142 | +0.145% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2148 | +0.406% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2148 | +0.396% | $602K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2148 | +0.429% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2139 | −0.001% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2136 | −0.132% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USDshort | +0.0100% | 1h | 0.2139 | −0.025% | $583 | $6K | 5x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2138 | −0.048% | $197K | $254K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2139 | +0.003% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2135 | −0.174% | $191K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSDlong | +0.0185% | 1h | 0.2139 | long leg | $2.6M | $2.7M | 50x | |
| Hyperliquid XLM | +0.0207% | 1h | 0.2139 | +0.017% | $12.3M | $6.3M | 5x | as long as short |
| dYdX XLM-USD | +0.0217% | 1h | 0.2137 | −0.112% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2150 | +0.536% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2146 | +0.345% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2147 | +0.382% | $250K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2138 | −0.066% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0663% | 1h | 0.2139 | −0.015% | $128K | $293K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0779% | 1h | 0.2140 | +0.050% | $531K | $154K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Hyperliquid XLM
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL