Funding you earn now, next payment 08:00 UTC−0.0224%/8h= −24.5% APRnext payment −$0.28 per $10,000 · paid last 24h −0.090%
Price spread now: Extended against Coinbase International+0.096%7-day average −0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 7 days−0.176%−$18 on $10k
+Price spread, last 4 days (all we have)+0.028%+$3 · spread now +0.096%, 7d avg −0.112%
=Together, before fees−0.148%+ Points / potential airdropExtended: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.209% dearer against Coinbase International than usual: you sell high and buy low (spread +0.096% now, against its 7-day average of −0.112%): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.1 days. At the pace of the last 7 days (−0.176% in total) that is about 8.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XLM-PERP-INTX | 0.2130 | 0.0328 | pay 0.0041% / 1h | 11m 30s | $213K | $1.6M | 50x |
| Short | Extended XLM-USD | 0.2132 | 0.0104 | get 0.0013% / 1h | 11m 30s | $189K | $746K | 10x |
Coinbase International XLM-PERP-INTX
Extended XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Coinbase International. 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
- −$47.04
- Price spread: +0.096% → −0.112%
- $20.86
- Slippage, 4 orders
- −$25.2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$66.39
- Costs to cover
- 0.402%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; Extended: live order book, 32 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 Coinbase International live order book, 2 min ago | 4.46 bp | 14.5 bp −$15 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell Extended live order book, 32 min ago | 2.13 bp | 6.9 bp −$7 | 14.9 bp −$149 | 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 | 0.2132 | +0.096% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.211% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2134 | +0.211% | $368K | $929K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2133 | +0.150% | $565K | $549K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2133 | +0.146% | $55.4M | $157.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2131 | +0.070% | $44.1M | $45.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2132 | +0.099% | $12.3M | $45.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2130 | +0.047% | $4.0M | $7.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2133 | +0.150% | $24.0M | $29.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2132 | +0.113% | $13.9M | $9.0M | 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 | 0.2132 | +0.113% | $25.9M | $22.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2132 | +0.099% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2131 | +0.089% | $130K | $329K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2132 | +0.126% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2130 | +0.042% | $12K | $310K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | +0.019% | $587K | $553K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | −0.066% | $171K | $253K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2131 | +0.070% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2125 | −0.197% | $2K | $1.5M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2130 | +0.047% | $580 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2130 | +0.028% | $196K | $198K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2131 | +0.066% | $8.7M | $8.7M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2132 | +0.096% | $189K | $746K | 10x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2129 | −0.038% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2130 | +0.014% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0328% | 1h | 0.2130 | long leg | $213K | $1.6M | 50x | |
| Kraken Futures PF_XLMUSD | +0.0338% | 1h | 0.2132 | +0.097% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0495% / S −0.0231% | 1h | 0.2130 | +0.013% | $38K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0533% | 1h | 0.2135 | +0.239% | $12.3M | $6.4M | 5x | as long as short |
| dYdX XLM-USD | +0.0869% | 1h | 0.2131 | +0.051% | $27K | $5K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0970% | 1h | 0.2133 | +0.178% | $529K | $121K | 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
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
dYdX XLM-USD
Deribit XLM_USDC-PERPETUAL