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: KuCoin against BloFin−0.047%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$460.457% of the position
Funding, last 7 days−0.263%−$26 on $10k
+Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.047%, 7d avg −0.011%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.036% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.011%). 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 | 3h 20m | $2.3M | $5.5M | 75x |
| Short | KuCoin XLMUSDTM | 0.2133 | 0.0100 | get 0.0100% / 8h | 3h 20m | $14.0M | $9.5M | 75x |
BloFin XLM-USDT
KuCoin XLMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.047% → −0.011%
- −$3.56
- Slippage, 4 orders
- −$21.69
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$74.45
- Costs to cover
- 0.457%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; KuCoin: live order book, 3 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, 3 min ago | 0.23 bp | 6.5 bp −$6 | 9.7 bp −$97 | 22.4 bp −$2,242 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.88 bp | 13.7 bp −$14 | 35.9 bp −$359 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit XLM_USDC-PERPETUAL | 0.0000% | 1h | 0.2134 | +0.009% | $529K | $157K | 25x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2133 | −0.035% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.431% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2137 | +0.131% | $375K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2135 | +0.056% | $568K | $621K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2138 | +0.170% | $54.9M | $157.7M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2136 | +0.084% | $43.2M | $46.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2137 | +0.141% | $12.5M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2134 | −0.019% | $4.1M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2137 | +0.127% | $25.1M | $27.5M | 300x | as long as short |
Deribit XLM_USDC-PERPETUAL
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_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTMshort | +0.0100% | 8h | 0.2133 | −0.047% | $14.0M | $9.5M | 75x | |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2137 | +0.127% | $25.8M | $22.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2137 | +0.108% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2133 | −0.050% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2134 | −0.032% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2137 | +0.128% | $599K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2133 | −0.070% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2135 | +0.037% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2133 | −0.052% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2135 | +0.037% | $582 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.103% | $196K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2134 | 0.000% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2136 | +0.096% | $192K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0179% | 1h | 0.2135 | +0.019% | $12.3M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2136 | +0.076% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2134 | long leg | $2.3M | $5.5M | 75x | |
| Phoenix XLM | +0.0225% | 1h | 0.2129 | −0.239% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0311% | 1h | 0.2135 | +0.035% | $23K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0462% | 1h | 0.2134 | −0.019% | $127K | $294K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2134 | −0.028% | $246K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2134 | −0.026% | $40K | — | 100x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
dYdX XLM-USD
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]