Funding you earn now, next payment 05:00 UTC+0.0236%/8h= +25.8% APRpaid last 24h +0.058%
Price spread now: Coinbase International against BloFin+0.170%58s7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as 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−$440.443% of the position
Funding, last 7 days−0.025%−$2 on $10k
+Price spread, last 4 days (all we have)−0.182%−$18 · spread now +0.170%, 7d avg +0.058%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.112% dearer against BloFin than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.058%. The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XLM-USDT | 0.2114 | 0.0220 | pay 0.0220% / 8h | 2h 13m | $2.3M | $5.6M | 75x |
| Short | Coinbase International XLM-PERP-INTX | 0.2117 | 0.0456 | get 0.0057% / 1h | 13m 46s | $226K | $1.6M | 50x |
BloFin XLM-USDT
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $49.56
- Price spread: +0.170% → +0.058%
- $11.25
- Slippage, 4 orders
- −$22.26
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $16.55
- Costs to cover
- 0.443%
- Break-even
- 4.7 days
Slippage from BloFin: live order book, 5 min ago; Coinbase International: 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 BloFin live order book, 5 min ago | 0.24 bp | 7.7 bp −$8 | 11.1 bp −$111 | 21.4 bp −$2,137 | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 4.25 bp | 13.2 bp −$13 | 18.3 bp −$183 | doesn't fit | 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 | 0.2117 | +0.141% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.530% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2122 | +0.388% | $356K | $995K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2118 | +0.220% | $561K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2120 | +0.297% | $54.4M | $162.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2118 | +0.213% | $42.9M | $47.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2119 | +0.255% | $12.3M | $44.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2119 | +0.222% | $4.0M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2120 | +0.303% | $24.3M | $28.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2119 | +0.241% | $13.8M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
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 XLMUSDT | +0.0100% | 8h | 0.2119 | +0.232% | $25.5M | $22.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2119 | +0.246% | — | $7.4M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2120 | +0.284% | $131K | $315K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2111 | −0.125% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2114 | +0.024% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2114 | +0.028% | $586K | $603K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2114 | +0.005% | $169K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2118 | +0.199% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2117 | +0.156% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2119 | +0.255% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2117 | +0.151% | $195K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2119 | +0.251% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2119 | +0.248% | $189K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0143% | 1h | 0.2119 | +0.264% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0177% | 1h | 0.2121 | +0.331% | $12.1M | $6.6M | 5x | as long as short |
| dYdX XLM-USD | +0.0203% | 1h | 0.2115 | +0.054% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2114 | long leg | $2.3M | $5.6M | 75x | |
| Phoenix XLM | +0.0226% | 1h | 0.2114 | −0.005% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0456% | 1h | 0.2117 | +0.170% | $226K | $1.6M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0228% | 1h | 0.2117 | +0.152% | $41K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1167% | 1h | 0.2121 | +0.322% | $526K | $164K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL