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: BingX against BloFin−0.121%66s7-day average — · you buy dearer than you sell
Net, funding: paid 7d − costs−$81as 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−$570.565% of the position
Funding, last 7 days−0.242%−$24 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BingX is 0.121% cheaper against BloFin than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 66 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 | 0.2142 | 0.0220 | pay 0.0220% / 8h | 3h 54m | $2.3M | $5.1M | 75x |
| Short | BingX XLM-USDC | 0.2140 | 0.0100 | get 0.0100% / 8h | 3h 54m | — | $6.7M | — |
BloFin XLM-USDT
BingX XLM-USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.121% → 0.000%
- −$12.14
- Slippage, 4 orders
- −$34.54
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$93.88
- Costs to cover
- 0.565%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; BingX: live order book, 8 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, 5 min ago | 0.70 bp | 13.7 bp −$14 | 16.7 bp −$167 | 27.9 bp −$2,786 | doesn't fit |
| Sell BingX live order book, 8 min ago | 0.94 bp | 24.9 bp −$25 | 93.9 bp −$939 | 1173.7 bp −$117.4K | 1385.1 bp −$692.6K |
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 | 0.2139 | −0.137% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.812% | $683 | $241K | 12x | as long as short |
| dYdX XLM-USD | +0.0036% | 1h | 0.2146 | +0.155% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2141 | −0.061% | $370K | $960K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2141 | −0.059% | $569K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2143 | +0.013% | $54.9M | $156.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2140 | −0.135% | $43.2M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2140 | −0.121% | $12.6M | $42.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2139 | −0.149% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2140 | −0.112% | $23.7M | $26.8M | 300x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
dYdX XLM-USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2139 | −0.140% | $14.1M | $9.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2140 | −0.112% | $25.9M | $21.7M | 75x | as long as short |
| BingX XLM-USDCshort | +0.0100% | 8h | 0.2140 | −0.121% | — | $6.7M | — | |
| Variational Omni XLM | +0.0100% | 8h | 0.2137 | −0.246% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2136 | −0.276% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2136 | −0.307% | $591K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2137 | −0.266% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2139 | −0.159% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2137 | −0.243% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | −0.135% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2146 | +0.168% | $198K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2140 | −0.135% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2139 | −0.151% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0184% | 1h | 0.2142 | −0.028% | $12.3M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2139 | −0.145% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2142 | long leg | $2.3M | $5.1M | 75x | |
| Phoenix XLM | +0.0225% | 1h | 0.2137 | −0.243% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2148 | +0.261% | $240K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2139 | −0.152% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0561% | 1h | 0.2140 | −0.117% | $126K | $290K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0779% | 1h | 0.2141 | −0.075% | $531K | $153K | 25x | as long as short |
KuCoin XLMUSDTM
Bitget XLMUSDT
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
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL