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: Binance against BloFin−0.068%71s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.329% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now −0.068%, 7d avg −0.010%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Binance is 0.058% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 71 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 | BloFin XLM-USDT | 0.2123 | 0.0220 | pay 0.0220% / 8h | 3h 02m | $2.3M | $5.5M | 75x |
| Short | Binance XLMUSDT | 0.2122 | 0.0100 | get 0.0100% / 8h | 3h 02m | $54.3M | $158.7M | 75x |
BloFin XLM-USDT
Binance XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: −0.068% → −0.010%
- −$5.8
- Slippage, 4 orders
- −$10.86
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$63.86
- Costs to cover
- 0.329%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 7 min ago; Binance: live order book, 11 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 BloFin live order book, 7 min ago | 0.47 bp | 11.7 bp −$12 | 13.6 bp −$136 | 27.9 bp −$2,789 | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.23 bp | 7.3 bp −$7 | 11.2 bp −$112 | 25.7 bp −$2,569 | 92.6 bp −$46.3K |
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 | 0.2122 | −0.069% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.089% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2126 | +0.132% | $373K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2123 | −0.017% | $563K | $624K | 75x | as long as short |
| Binance XLMUSDTshort | +0.0100% | 8h | 0.2122 | −0.068% | $54.3M | $158.7M | 75x | |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2120 | −0.132% | $42.9M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2120 | −0.127% | $12.4M | $43.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2122 | −0.047% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2124 | +0.033% | $25.4M | $27.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2123 | −0.024% | $13.9M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster 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 | 0.2121 | −0.094% | $25.6M | $22.2M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2122 | −0.071% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2125 | +0.096% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2126 | +0.137% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2125 | +0.088% | $595K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | +0.165% | $170K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2123 | −0.005% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2120 | −0.146% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2123 | +0.005% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | +0.033% | $196K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2124 | +0.038% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2122 | −0.041% | $190K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0177% | 1h | 0.2122 | −0.033% | $12.2M | $6.4M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0186% | 1h | 0.2123 | −0.013% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2123 | long leg | $2.3M | $5.5M | 75x | |
| Phoenix XLM | +0.0225% | 1h | 0.2127 | +0.179% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0353% | 1h | 0.2121 | −0.105% | $23K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0367% | 1h | 0.2123 | −0.009% | $127K | $294K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2124 | +0.066% | $239K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2122 | −0.056% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1022% | 1h | 0.2125 | +0.075% | $527K | $162K | 25x | as long as short |
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
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Phoenix XLM
dYdX XLM-USD
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL