Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bybit+0.089%7-day average +0.034% · 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−$31as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.028%+$3 on $10k
+Price spread, last 7 days−0.051%−$5 · spread now +0.089%, 7d avg +0.034%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.055% dearer against Bybit than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.034%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit XLMUSDT | 0.2128 | 0.0100 | pay 0.0100% / 8h | 7h 15m | $44.0M | $45.8M | 75x |
| Short | Binance XLMUSDT | 0.2130 | 0.0100 | get 0.0100% / 8h | 7h 15m | $55.3M | $158.0M | 75x |
Bybit XLMUSDT
Binance XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $0
- Price spread: +0.089% → +0.034%
- $5.55
- Slippage, 4 orders
- −$15.8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.25
- Costs to cover
- 0.368%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 13 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 Bybit live order book, 3 min ago | 2.35 bp | 12.2 bp −$12 | 17.1 bp −$171 | 61.7 bp −$6,166 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.47 bp | 8.0 bp −$8 | 15.4 bp −$154 | 45.9 bp −$4,592 | 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 | 0.2128 | 0.000% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.141% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2135 | +0.352% | $368K | $929K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2130 | +0.087% | $564K | $583K | 75x | as long as short |
| Binance XLMUSDTshort | +0.0100% | 8h | 0.2130 | +0.089% | $55.3M | $158.0M | 75x | |
| Bybit XLMUSDTlong | +0.0100% | 8h | 0.2128 | long leg | $44.0M | $45.8M | 75x | |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2129 | +0.038% | $12.2M | $45.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2131 | +0.155% | $4.0M | $7.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2132 | +0.188% | $24.1M | $29.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2131 | +0.150% | $14.0M | $9.0M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster 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 | 0.2130 | +0.113% | $25.7M | $22.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2131 | +0.127% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2133 | +0.254% | $130K | $338K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2132 | +0.197% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2129 | +0.032% | $12K | $310K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | −0.007% | $586K | $553K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | −0.009% | $170K | $254K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2133 | +0.235% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2129 | +0.052% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2133 | +0.230% | $581 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2133 | +0.240% | $197K | $200K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | +0.202% | $8.7M | $8.7M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2130 | +0.092% | $189K | $780K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2129 | +0.066% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2127 | −0.028% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2134 | +0.277% | $214K | $1.6M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0338% | 1h | 0.2134 | +0.278% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0493% / S −0.0229% | 1h | 0.2127 | −0.028% | $38K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0519% | 1h | 0.2134 | +0.287% | $12.3M | $6.4M | 5x | as long as short |
| dYdX XLM-USD | +0.0888% | 1h | 0.2129 | +0.054% | $27K | $5K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1063% | 1h | 0.2135 | +0.334% | $529K | $126K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
dYdX XLM-USD
Deribit XLM_USDC-PERPETUAL