XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: MEXC against BloFin−0.122%49s7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$46as 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−$210.213% of the position

Long on BloFin Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.247%−$25 on $10k

Price spread, last 4 days (all we have)+0.251%+$25 · spread now −0.122%, 7d avg −0.013%

Together, before fees+0.004%$0 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 MEXC is 0.109% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.013%). Swap the legs. The two prices were read 49 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	0.2127	0.0220	pay 0.0220% / 8h	5h 56m	$2.3M	$5.2M	75x
Short	MEXC XLM_USDT	0.2124	0.0100	get 0.0100% / 8h	5h 56m	$24.6M	$27.1M	300x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee MEXCbpOrdersPrice spread, now −0.122%Rate

Funding earned: −$25.2
Price spread: −0.122% → −0.013%: −$10.91
Slippage, 4 orders: −$9.3
Fee BloFin: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$57.41
Costs to cover: 0.213%
Break-even: never at this rate

Slippage from BloFin: live order book, 5 min ago; MEXC: 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	0.23 bp	9.8 bp −$10	14.6 bp −$146	27.8 bp −$2,783	doesn't fit
Sell MEXC live order book, 5 min ago	0.23 bp	2.3 bp −$2	6.7 bp −$67	34.6 bp −$3,464	113.2 bp −$56.6K

XLM on 31 exchanges

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	0.2125	−0.067%	$4K	—	150x	as long as short
Injective XLM/USDC PERP	+0.0033%	1h	0.2125	−0.080%	$683	$241K	12x	as long as short
Lighter XLM	+0.0096%	1h	0.2129	+0.094%	$373K	$803K	5x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2126	−0.033%	$564K	$470K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2125	−0.078%	$55.0M	$146.8M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2123	−0.155%	$44.1M	$41.9M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2123	−0.160%	$12.3M	$42.8M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2126	−0.014%	$4.0M	$6.5M	75x	as long as short
MEXC XLM_USDTshort	+0.0100%	8h	0.2124	−0.122%	$24.6M	$27.1M	300x
KuCoin XLMUSDTM	+0.0100%	8h	0.2126	−0.019%	$13.8M	$8.7M	75x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget XLMUSDT	+0.0100%	8h	0.2124	−0.146%	$26.1M	$21.4M	75x	as long as short
BingX XLM-USDC	+0.0100%	8h	0.2126	−0.038%	—	$6.7M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2126	−0.014%	$120K	$305K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2125	−0.080%	$255K	$1.2M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2126	−0.017%	$12K	$311K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2130	+0.157%	$595K	$539K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2129	+0.127%	$171K	$252K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2126	−0.033%	$3K	$247	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2126	−0.014%	$2K	$1.4M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2127	−0.009%	$579	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2126	−0.019%	$191K	$244K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2126	−0.024%	$8.7M	$8.6M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2125	−0.084%	$190K	$609K	10x	as long as short
Phoenix XLM	+0.0150%	1h	0.2130	+0.165%	$4K	$46K	5x	as long as short
BloFin XLM-USDTlong	+0.0220%	8h	0.2127	long leg	$2.3M	$5.2M	75x
Kraken Futures PF_XLMUSD	+0.0255%	1h	0.2126	−0.018%	$2.6M	$2.5M	50x	as long as short
Coinbase International XLM-PERP-INTX	+0.0328%	1h	0.2130	+0.136%	$212K	$1.4M	50x	as long as short
dYdX XLM-USD	+0.0343%	1h	0.2125	−0.063%	$27K	$5K	10x	as long as short
Hyperliquid XLM	+0.0493%	1h	0.2127	−0.009%	$12.5M	$5.6M	5x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0513% / S −0.0245%	1h	0.2126	−0.048%	$39K	—	100x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0738%	1h	0.2128	+0.056%	$527K	$103K	25x	as long as short