Funding you earn now, next payment 00:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.096%
Price spread now: Coinbase International against edgeX+0.174%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 7 days+0.142%+$14 on $10k
+Price spread, last 3 days (all we have)−0.104%−$10 · spread now +0.174%, 7d avg +0.095%
=Together, before fees+0.038%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.079% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.095%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.142% in total (about 7.4% 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 | edgeX XLMUSDC | 0.2168 | 0.0100 | pay 0.0050% / 4h | 3h 09m | $12K | $301K | 10x |
| Short | Coinbase International XLM-PERP-INTX | 0.2172 | 0.0448 | get 0.0056% / 1h | 9m 19s | $234K | $1.5M | 50x |
edgeX XLMUSDC
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- $73.08
- Price spread: +0.174% → +0.095%
- $7.89
- Slippage, 4 orders
- −$18.85
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $43.12
- Costs to cover
- 0.379%
- Break-even
- 2.9 days
Slippage from edgeX: live order book, 64 min ago; Coinbase International: live order book, 4 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 edgeX live order book, 64 min ago | 1.16 bp | 5.9 bp −$6 | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 2.30 bp | 13.1 bp −$13 | 17.3 bp −$173 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.495% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2166 | −0.102% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0063% | 1h | 0.2169 | +0.079% | $24K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2168 | +0.022% | $399K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2166 | −0.092% | $55.8M | $150.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2165 | −0.121% | $44.5M | $44.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2164 | −0.168% | $13.1M | $41.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2167 | −0.034% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2168 | +0.022% | $25.1M | $26.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2167 | −0.020% | $14.4M | $10.1M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
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 | 0.2166 | −0.080% | $25.9M | $19.7M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2167 | −0.052% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2169 | +0.058% | $89K | $260K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2167 | −0.027% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDClong | +0.0100% | 4h | 0.2168 | long leg | $12K | $301K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2169 | +0.065% | $611K | $590K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2168 | +0.008% | $174K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2167 | −0.034% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2164 | −0.172% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2165 | −0.112% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2169 | +0.045% | $200K | $257K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2166 | −0.071% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2165 | −0.111% | $197K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0156% | 8h | 0.2167 | −0.024% | $581K | $660K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0183% | 1h | 0.2166 | −0.100% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2167 | −0.015% | $2.3M | $5.3M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2171 | +0.132% | $5K | $42K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0397% | 1h | 0.2167 | −0.048% | $538K | $150K | 25x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0448% | 1h | 0.2172 | +0.174% | $234K | $1.5M | 50x | |
| Hyperliquid XLM | +0.0529% | 1h | 0.2170 | +0.105% | $12.6M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0617% / S −0.1247% | 1h | 0.2166 | −0.090% | $174K | — | 100x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
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
Aster XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Deribit XLM_USDC-PERPETUAL
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]