Funding you earn now, next payment 09:00 UTC−0.1018%/8h= −111.5% APRpaid last 24h −0.159%
Price spread now: Aster against Deribit−0.056%7-day average −0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days−0.171%−$17 on $10k
+Price spread, last 4 days (all we have)+0.672%+$67 · spread now −0.056%, 7d avg −0.002%
=Together, before fees+0.501%+ Points / potential airdropAster: Stage 5 · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and Aster is 0.054% cheaper against Deribit than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.002%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.171% in total (about -8.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XLM_USDC-PERPETUAL | 0.2123 | 0.1118 | pay 0.0140% / 1h | 22m 58s | $526K | $136K | 25x |
| Short | Aster XLMUSDT | 0.2122 | 0.0100 | get 0.0100% / 8h | 7h 22m | $562K | $583K | 75x |
Deribit XLM_USDC-PERPETUAL
Aster XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Deribit. 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
- −$213.78
- Price spread: −0.056% → −0.002%
- −$5.39
- Slippage, 4 orders
- −$24.71
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$258.87
- Costs to cover
- 0.397%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 11 min ago; Aster: live order book, 10 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 Deribit live order book, 11 min ago | 4.26 bp | 7.8 bp −$8 | 14.8 bp −$148 | doesn't fit | doesn't fit |
| Sell Aster live order book, 10 min ago | 1.66 bp | 11.4 bp −$11 | 25.2 bp −$252 | 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 | 0.2119 | −0.166% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.094% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2123 | −0.009% | $366K | $929K | 5x | as long as short |
| Aster XLMUSDTshort | +0.0100% | 8h | 0.2122 | −0.056% | $562K | $583K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2122 | −0.050% | $55.1M | $159.7M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2120 | −0.141% | $43.8M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2120 | −0.118% | $12.2M | $45.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2120 | −0.141% | $4.0M | $7.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | −0.075% | $24.2M | $29.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2121 | −0.104% | $13.9M | $9.0M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
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 | 0.2121 | −0.085% | $25.5M | $23.1M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2121 | −0.104% | — | $7.3M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2122 | −0.057% | $130K | $343K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2099 | −1.126% | $251K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2106 | −0.794% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2107 | −0.739% | $582K | $556K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2105 | −0.867% | $169K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2120 | −0.141% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.339% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2121 | −0.080% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2120 | −0.122% | $195K | $202K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2120 | −0.132% | $8.7M | $8.8M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2121 | −0.105% | $188K | $819K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2122 | −0.028% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2104 | −0.871% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2122 | −0.042% | $212K | $1.6M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0340% | 1h | 0.2121 | −0.085% | $2.6M | $2.6M | 50x | as long as short |
| Hyperliquid XLM | +0.0505% | 1h | 0.2123 | +0.019% | $12.2M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0247% | 1h | 0.2120 | −0.150% | $39K | — | 100x | as long as short |
| dYdX XLM-USD | +0.0967% | 1h | 0.2106 | −0.780% | $26K | $5K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUALlong | +0.1118% | 1h | 0.2123 | long leg | $526K | $136K | 25x |
Bitget XLMUSDT
BingX XLM-USDT
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
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
dYdX XLM-USD