Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget−0.147%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$15as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$400.401% of the position
Funding, last 7 days+0.253%+$25 on $10k
+Price spread, last 3 days (all we have)+0.145%+$15 · spread now −0.147%, 7d avg +0.031%
=Funding pays, the price is against you. BloFin is 0.178% cheaper against Bitget than usual: you would sell low and buy high (spread −0.147% now, against its 7-day average of +0.031%). If the spread goes back, that is −$18 on $10k: about 5.0 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XLMUSDT | 0.2170 | 0.0100 | pay 0.0100% / 8h | 7h 10m | $25.9M | $19.7M | 75x |
| Short | BloFin XLM-USDT | 0.2167 | 0.0220 | get 0.0220% / 8h | 7h 10m | $2.3M | $5.3M | 75x |
Bitget XLMUSDT
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $25.2
- Price spread: −0.147% → +0.031%
- −$17.83
- Slippage, 4 orders
- −$16.08
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.71
- Costs to cover
- 0.401%
- Break-even
- 16.1 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 3 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 Bitget live order book, 3 min ago | 0.92 bp | 10.7 bp −$11 | 17.1 bp −$171 | 38.9 bp −$3,894 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.46 bp | 9.6 bp −$10 | 13.2 bp −$132 | 25.0 bp −$2,500 | 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 | −0.622% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2167 | −0.182% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0052% | 1h | 0.2167 | −0.141% | $24K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2170 | −0.023% | $399K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2171 | +0.007% | $56.0M | $150.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2170 | −0.028% | $44.6M | $44.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2170 | −0.028% | $13.2M | $41.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2169 | −0.069% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2170 | 0.000% | $25.1M | $26.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2169 | −0.083% | $14.4M | $10.1M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
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 XLMUSDTlong | +0.0100% | 8h | 0.2170 | long leg | $25.9M | $19.7M | 75x | |
| BingX XLM-USDC | +0.0100% | 8h | 0.2170 | −0.014% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2167 | −0.157% | $89K | $260K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2167 | −0.155% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2168 | −0.094% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2169 | −0.062% | $611K | $590K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2168 | −0.097% | $174K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2167 | −0.161% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2166 | −0.217% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2167 | −0.184% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2170 | −0.046% | $200K | $257K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2167 | −0.147% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2169 | −0.079% | $193K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0155% | 8h | 0.2167 | −0.162% | $581K | $660K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0182% | 1h | 0.2168 | −0.138% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2167 | −0.147% | $2.3M | $5.3M | 75x | |
| Phoenix XLM | +0.0223% | 1h | 0.2171 | +0.005% | $5K | $42K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2169 | −0.078% | $235K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0530% | 1h | 0.2173 | +0.111% | $12.6M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0615% / S −0.1230% | 1h | 0.2167 | −0.182% | $174K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0765% | 1h | 0.2169 | −0.083% | $538K | $150K | 25x | as long as short |
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
Phoenix XLM
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL