Funding you earn now, next payment 12:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h +0.059%
Price spread now: Kraken Futures against MEXC−0.025%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now −0.025%, 7d avg +0.014%
=Funding pays, the price is against you. Kraken Futures is 0.039% cheaper against MEXC than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.014%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC XLM_USDT | 0.2100 | 0.0100 | pay 0.0100% / 8h | 4h 43m | $23.6M | $27.1M | 300x |
| Short | Kraken Futures PF_XLMUSD | 0.2099 | 0.0213 | get 0.0027% / 1h | 43m 10s | $2.6M | $2.5M | 50x |
MEXC XLM_USDT
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $23.77
- Price spread: −0.025% → +0.014%
- −$3.9
- Slippage, 4 orders
- −$17.16
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- −$7.3
- Costs to cover
- 0.272%
- Break-even
- 9.1 days
Slippage from MEXC: live order book, 4 min ago; Kraken Futures: live order book, 4 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 MEXC live order book, 4 min ago | 0.48 bp | 1.3 bp −$1 | 5.3 bp −$53 | 36.1 bp −$3,612 | 104.2 bp −$52.1K |
| Sell Kraken Futures live order book, 4 min ago | 3.58 bp | 11.2 bp −$11 | 25.8 bp −$258 | 145.7 bp −$14.6K | doesn't fit |
XLM on 31 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | −0.0071% | 1h | 0.2096 | −0.181% | $118K | $300K | 20x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2096 | −0.177% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +1.190% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2100 | +0.019% | $352K | $736K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2099 | −0.057% | $556K | $357K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2100 | −0.010% | $54.2M | $140.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2099 | −0.057% | $43.3M | $40.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2099 | −0.038% | $12.2M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2097 | −0.138% | $3.9M | $6.4M | 75x | as long as short |
| MEXC XLM_USDTlong | +0.0100% | 8h | 0.2100 | long leg | $23.6M | $27.1M | 300x |
Backpack XLM_USDC_PERP
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2099 | −0.029% | $13.9M | $8.4M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2099 | −0.043% | $25.7M | $21.1M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2097 | −0.119% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2092 | −0.383% | $250K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2095 | −0.225% | $11K | $312K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2097 | −0.152% | $584K | $508K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2094 | −0.276% | $168K | $251K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2098 | −0.095% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2097 | −0.167% | $1K | $1.3M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2099 | −0.052% | $572 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2098 | −0.086% | $189K | $238K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2100 | −0.014% | $8.5M | $8.3M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2098 | −0.100% | $187K | $608K | 10x | as long as short |
| Phoenix XLM | +0.0152% | 1h | 0.2097 | −0.167% | $4K | $45K | 5x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0213% | 1h | 0.2099 | −0.025% | $2.6M | $2.5M | 50x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2098 | −0.086% | $2.3M | $5.1M | 75x | as long as short |
| Hyperliquid XLM | +0.0225% | 1h | 0.2099 | −0.052% | $12.1M | $5.5M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0368% | 1h | 0.2100 | −0.019% | $200K | $1.3M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0509% / S −0.0245% | 1h | 0.2097 | −0.166% | $39K | — | 100x | as long as short |
| dYdX XLM-USD | +0.0592% | 1h | 0.2096 | −0.178% | $26K | $5K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0942% | 1h | 0.2100 | −0.005% | $520K | $104K | 25x | as long as short |
KuCoin XLMUSDTM
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
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
BloFin XLM-USDT
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
dYdX XLM-USD
Deribit XLM_USDC-PERPETUAL