Funding you earn now, next payment 04:00 UTC+0.0821%/8h= +89.9% APRpaid last 24h +0.136%
Price spread now: Deribit against Aster+0.169%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.115%+$12 on $10k
+Price spread, last 4 days (all we have)−0.413%−$41 · spread now +0.169%, 7d avg +0.004%
=Together, before fees−0.298%+ Points / potential airdropAster: Stage 5 · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Deribit is 0.164% dearer against Aster than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.004%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.115% in total (about 6.0% 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 | Aster XLMUSDT | 0.2134 | 0.0100 | pay 0.0100% / 8h | 3h 59m | $567K | $622K | 75x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2138 | 0.0921 | get 0.0115% / 1h | 59m 48s | $530K | $153K | 25x |
Aster XLMUSDT
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aster. 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
- $172.41
- Price spread: +0.169% → +0.004%
- $16.43
- Slippage, 4 orders
- −$26.2
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $147.64
- Costs to cover
- 0.412%
- Break-even
- 1.0 days
Slippage from Aster: live order book, 58 min ago; Deribit: live order book, 59 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 Aster live order book, 58 min ago | 3.06 bp | 13.5 bp −$14 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 59 min ago | 3.05 bp | 11.2 bp −$11 | 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 | 0.2135 | +0.031% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.431% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2138 | +0.169% | $370K | $968K | 5x | as long as short |
| Aster XLMUSDTlong | +0.0100% | 8h | 0.2134 | long leg | $567K | $622K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2137 | +0.126% | $54.6M | $155.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2136 | +0.094% | $43.1M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2137 | +0.117% | $12.5M | $42.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2136 | +0.066% | $4.0M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2136 | +0.070% | $23.8M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2137 | +0.108% | $14.1M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
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 | 0.2136 | +0.103% | $25.7M | $21.4M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2137 | +0.117% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2135 | +0.051% | $126K | $290K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2134 | −0.004% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2131 | −0.139% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2131 | −0.129% | $590K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2131 | −0.169% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2136 | +0.084% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2134 | −0.033% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2136 | +0.075% | $582 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.103% | $197K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2135 | +0.023% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2135 | +0.049% | $190K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0146% | 1h | 0.2138 | +0.192% | $12.3M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2137 | +0.112% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2136 | +0.080% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0257% | 1h | 0.2136 | +0.106% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0264% | 1h | 0.2136 | +0.062% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2132 | −0.103% | $236K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2135 | +0.036% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.0921% | 1h | 0.2138 | +0.169% | $530K | $153K | 25x |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
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
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]