Funding you earn now, next payment 08:00 UTC+0.0661%/8h= +72.4% APRpaid last 24h +0.118%
Price spread now: Deribit against BloFin+0.061%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.061%, 7d avg +0.047%
=The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.039% in total (about -2.0% 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 | 0.2124 | 0.0220 | pay 0.0220% / 8h | 38m 39s | $2.3M | $5.5M | 75x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2125 | 0.0881 | get 0.0110% / 1h | 38m 39s | $527K | $172K | 25x |
BloFin XLM-USDT
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $138.81
- Price spread: +0.061% → +0.047%
- $1.42
- Slippage, 4 orders
- −$11.56
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $109.67
- Costs to cover
- 0.306%
- Break-even
- 1.5 days
Slippage from BloFin: live order book, 5 min ago; Deribit: live order book, 65 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 | 0.47 bp | 11.4 bp −$11 | 15.0 bp −$150 | 26.9 bp −$2,688 | doesn't fit |
| Sell Deribit live order book, 65 min ago | 2.59 bp | 6.1 bp −$6 | 14.4 bp −$144 | 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 | 0.2121 | −0.097% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.071% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2125 | +0.071% | $366K | $941K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2124 | 0.000% | $564K | $595K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2122 | −0.094% | $54.4M | $160.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2120 | −0.165% | $43.0M | $46.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2121 | −0.127% | $12.1M | $44.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2121 | −0.104% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2122 | −0.075% | $24.3M | $28.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2122 | −0.057% | $14.0M | $9.3M | 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 | 0.2121 | −0.104% | $25.5M | $22.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2122 | −0.061% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2127 | +0.169% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2128 | +0.210% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2127 | +0.184% | $588K | $577K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | +0.179% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2123 | −0.024% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2124 | +0.009% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2123 | −0.042% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2121 | −0.132% | $195K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2123 | −0.014% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2120 | −0.144% | $190K | $1.4M | 10x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2124 | long leg | $2.3M | $5.5M | 75x | |
| Phoenix XLM | +0.0264% | 1h | 0.2129 | +0.245% | $4K | $50K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0288% | 1h | 0.2122 | −0.061% | $130K | $346K | 20x | as long as short |
| dYdX XLM-USD | +0.0320% | 1h | 0.2121 | −0.101% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0376% | 1h | 0.2123 | −0.014% | $220K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2122 | −0.071% | $39K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0549% | 1h | 0.2123 | −0.014% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0589% | 1h | 0.2125 | +0.061% | $12.1M | $6.4M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.0881% | 1h | 0.2125 | +0.061% | $527K | $172K | 25x |
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
Phoenix XLM
Backpack XLM_USDC_PERP
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Hyperliquid XLM