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: GRVT against BloFin−0.296%7-day average −0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 7 days−0.246%−$25 on $10k
+Price spread, last 4 days (all we have)+0.265%+$27 · spread now −0.296%, 7d avg −0.042%
=Together, before fees+0.019%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and GRVT is 0.254% cheaper against BloFin than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.042%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XLM-USDT | 0.2134 | 0.0220 | pay 0.0220% / 8h | 5h 33m | $2.3M | $5.0M | 75x |
| Short | GRVT XLM_USDT_Perp | 0.2127 | 0.0100 | get 0.0100% / 8h | 5h 33m | $589K | $598K | 10x |
BloFin XLM-USDT
GRVT XLM_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.296% → −0.042%
- −$25.37
- Slippage, 4 orders
- −$16.63
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$88.2
- Costs to cover
- 0.376%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 11 min ago; GRVT: live order book, 30 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, 11 min ago | 1.41 bp | 8.6 bp −$9 | 11.4 bp −$114 | 20.8 bp −$2,079 | doesn't fit |
| Sell GRVT live order book, 30 min ago | 1.65 bp | 10.7 bp −$11 | 17.3 bp −$173 | 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 | 0.2131 | −0.140% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2136 | +0.131% | $359K | $902K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2135 | +0.082% | $54.7M | $153.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2135 | +0.061% | $43.2M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2135 | +0.061% | $12.6M | $41.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2134 | +0.037% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2135 | +0.047% | $23.9M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2134 | +0.009% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2135 | +0.080% | $25.6M | $21.1M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2134 | +0.014% | — | $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
Bitget XLMUSDT
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 | 0.2135 | +0.075% | $93K | $265K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2125 | −0.394% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2127 | −0.326% | $12K | $304K | 10x | as long as short |
| GRVT XLM_USDT_Perpshort | +0.0100% | 8h | 0.2127 | −0.296% | $589K | $598K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | −0.295% | $170K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2131 | −0.117% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.103% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2134 | +0.023% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.164% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2135 | +0.056% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2135 | +0.056% | $190K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0104% | 8h | 0.2134 | +0.011% | $568K | $623K | 75x | as long as short |
| dYdX XLM-USD | +0.0219% | 1h | 0.2129 | −0.231% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2134 | long leg | $2.3M | $5.0M | 75x | |
| Phoenix XLM | +0.0264% | 1h | 0.2127 | −0.295% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0452% | 1h | 0.2136 | +0.112% | $12.4M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0460% | 1h | 0.2135 | +0.066% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2136 | +0.122% | $241K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0193% | 1h | 0.2131 | −0.129% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0970% | 1h | 0.2133 | −0.005% | $529K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.398% | $683 | $241K | 12x | as long as short |
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
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
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP