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: Bitget against BloFin−0.132%75s7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as 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−$360.357% of the position
Funding, last 7 days−0.253%−$25 on $10k
+Price spread, last 4 days (all we have)+0.318%+$32 · spread now −0.132%, 7d avg −0.033%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Bitget is 0.099% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.033%). Swap the legs. The two prices were read 75 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 | 0.2120 | 0.0220 | pay 0.0220% / 8h | 5h 38m | $2.3M | $4.9M | 75x |
| Short | Bitget XLMUSDT | 0.2118 | 0.0100 | get 0.0100% / 8h | 5h 38m | $25.4M | $20.8M | 75x |
BloFin XLM-USDT
Bitget XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.132% → −0.033%
- −$9.9
- Slippage, 4 orders
- −$11.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$70.79
- Costs to cover
- 0.357%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; Bitget: live order book, 1 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, 6 min ago | 1.41 bp | 8.6 bp −$9 | 11.4 bp −$114 | 20.8 bp −$2,079 | doesn't fit |
| Sell Bitget live order book, 1 min ago | 0.47 bp | 10.9 bp −$11 | 19.2 bp −$192 | 47.8 bp −$4,783 | 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 | 0.2118 | −0.116% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2119 | −0.042% | $356K | $901K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2117 | −0.158% | $54.3M | $153.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2117 | −0.165% | $42.8M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2118 | −0.127% | $12.5M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2118 | −0.104% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.174% | $23.7M | $26.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2117 | −0.165% | $14.0M | $9.9M | 75x | as long as short |
| Bitget XLMUSDTshort | +0.0100% | 8h | 0.2118 | −0.132% | $25.4M | $20.8M | 75x | |
| BingX XLM-USDC | +0.0100% | 8h | 0.2117 | −0.165% | — | $6.7M | — | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
BingX XLM-USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2117 | −0.156% | $92K | $270K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2122 | +0.080% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2122 | +0.092% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.349% | $589K | $598K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | +0.321% | $170K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2119 | −0.066% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2119 | −0.066% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2118 | −0.099% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2123 | +0.104% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2117 | −0.160% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2118 | −0.125% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0107% | 8h | 0.2119 | −0.058% | $564K | $624K | 75x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2120 | long leg | $2.3M | $4.9M | 75x | |
| dYdX XLM-USD | +0.0246% | 1h | 0.2121 | +0.008% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2128 | +0.344% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0435% | 1h | 0.2119 | −0.057% | $12.3M | $6.1M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2126 | +0.278% | $232K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0464% | 1h | 0.2117 | −0.149% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2118 | −0.113% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0694% | 1h | 0.2120 | −0.033% | $526K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | +0.217% | $683 | $241K | 12x | as long as short |
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
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP