Funding you earn now, next payment 03:00 UTC+0.0361%/8h= +39.6% APRpaid last 24h +0.043%
Price spread now: Kraken Futures against Orderly+0.061%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 for this trade now. Funding pays +$11 a day on $10k at the current rate, and Kraken Futures is 0.061% dearer against Orderly than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XLM_USDC_mythos | 0.2130 | 0.0100 | pay 0.0050% / 4h | 1h 03m | $3K | $2K | 10x |
| Short | Kraken Futures PF_XLMUSD | 0.2131 | 0.0461 | get 0.0058% / 1h | 3m 22s | $2.6M | $2.7M | 50x |
Orderly PERP_XLM_USDC_mythos
Kraken Futures PF_XLMUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Orderly. 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
- $75.87
- Price spread: +0.061% → 0.000%
- $6.11
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $65.97
- Costs to cover
- 0.160%
- Break-even
- 0.9 days
Slippage unknown: Orderly: no order-book sample; Kraken Futures: live order book, 5 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 5 min ago | 4.45 bp | 17.2 bp −$17 | 28.7 bp −$287 | 156.7 bp −$15.7K | doesn't fit |
Orderly: 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 | 0.2130 | −0.023% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2130 | −0.014% | $372K | $923K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2129 | −0.062% | $567K | $624K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2131 | +0.042% | $54.5M | $154.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2130 | 0.000% | $43.0M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2131 | +0.033% | $12.5M | $42.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2128 | −0.089% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2131 | +0.052% | $23.9M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2129 | −0.061% | $14.0M | $9.8M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2130 | 0.000% | $25.6M | $21.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2130 | +0.009% | — | $7.0M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2131 | +0.056% | $95K | $274K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2129 | −0.043% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2130 | +0.006% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2132 | +0.093% | $595K | $595K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2130 | −0.009% | $171K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythoslong | +0.0100% | 4h | 0.2130 | long leg | $3K | $2K | 10x | |
| SunX XLM-USDT | +0.0100% | 8h | 0.2128 | −0.085% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2130 | +0.023% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | +0.113% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | +0.085% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2127 | −0.136% | $190K | $1.8M | 10x | as long as short |
| dYdX XLM-USD | +0.0199% | 1h | 0.2126 | −0.179% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2130 | +0.019% | $2.3M | $5.0M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2133 | +0.160% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0302% | 1h | 0.2132 | +0.075% | $12.3M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSDshort | +0.0461% | 1h | 0.2131 | +0.061% | $2.6M | $2.7M | 50x | |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2133 | +0.136% | $238K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0193% | 1h | 0.2129 | −0.037% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0689% | 1h | 0.2132 | +0.070% | $529K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.235% | $683 | $241K | 12x | as long as short |
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP