Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.132%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$350.355% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days+0.064%+$6 · spread now −0.132%, 7d avg −0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.098% cheaper against Binance than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLMUSDT | 0.2172 | 0.0100 | pay 0.0100% / 8h | 7h 14m | $56.0M | $150.6M | 75x |
| Short | Bybit XLMUSDT | 0.2169 | 0.0100 | get 0.0100% / 8h | 7h 14m | $44.4M | $44.0M | 75x |
Binance XLMUSDT
Bybit XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.132% → −0.034%
- −$9.81
- Slippage, 4 orders
- −$14.48
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$45.29
- Costs to cover
- 0.355%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 5 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 Binance live order book, 14 min ago | 0.23 bp | 7.5 bp −$7 | 12.6 bp −$126 | 34.6 bp −$3,456 | doesn't fit |
| Sell Bybit live order book, 5 min ago | 2.32 bp | 8.2 bp −$8 | 15.5 bp −$155 | 67.2 bp −$6,719 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.680% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2170 | −0.104% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0046% | 1h | 0.2168 | −0.194% | $24K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2173 | +0.070% | $400K | $838K | 5x | as long as short |
| Binance XLMUSDTlong | +0.0100% | 8h | 0.2172 | long leg | $56.0M | $150.6M | 75x | |
| Bybit XLMUSDTshort | +0.0100% | 8h | 0.2169 | −0.132% | $44.4M | $44.0M | 75x | |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2167 | −0.206% | $13.2M | $41.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2170 | −0.077% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2171 | −0.017% | $25.2M | $26.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2171 | −0.054% | $14.4M | $10.1M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Lighter XLM
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 | 0.2171 | −0.036% | $25.9M | $19.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2171 | −0.036% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2171 | −0.026% | $89K | $260K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2165 | −0.304% | $284K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2163 | −0.415% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2165 | −0.294% | $610K | $590K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2164 | −0.372% | $173K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2171 | −0.036% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2167 | −0.224% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2170 | −0.059% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2170 | −0.086% | $200K | $257K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2171 | −0.049% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2170 | −0.073% | $193K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0152% | 8h | 0.2170 | −0.085% | $582K | $660K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0182% | 1h | 0.2171 | −0.029% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2169 | −0.137% | $2.3M | $5.3M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2162 | −0.427% | $5K | $42K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2172 | −0.003% | $234K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0528% | 1h | 0.2174 | +0.089% | $12.6M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0611% / S −0.1206% | 1h | 0.2170 | −0.092% | $174K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0626% | 1h | 0.2172 | +0.001% | $539K | $150K | 25x | as long as short |
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
Aster XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL