Funding you earn now, next payment 00:00 UTC+0.0247%/8h= +27.0% APRpaid last 24h +0.144%
Price spread now: Deribit against Gate+0.055%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days+0.189%+$19 on $10k
+Price spread, last 3 days (all we have)−0.048%−$5 · spread now +0.055%, 7d avg +0.067%
=The price spread sits at its 7-day average of +0.067%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XLM_USDT | 0.2178 | 0.0100 | pay 0.0100% / 8h | 52m 44s | $4.1M | $6.2M | 75x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2179 | 0.0347 | get 0.0043% / 1h | 52m 44s | $541K | $160K | 25x |
Gate XLM_USDT
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Gate. 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
- $51.87
- Price spread: +0.055% → +0.067%
- −$1.16
- Slippage, 4 orders
- −$29.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$0.52
- Costs to cover
- 0.512%
- Break-even
- 7.1 days
Slippage from Gate: live order book, 1 min ago; Deribit: live order book, 26 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 Gate live order book, 1 min ago | 3.90 bp | 14.9 bp −$15 | 34.8 bp −$348 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 26 min ago | 5.54 bp | 9.0 bp −$9 | doesn't fit | 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 | 0.2045 | −6.098% | $6K | $238K | 12x | as long as short |
| dYdX XLM-USD | 0.0000% | 1h | 0.2174 | −0.165% | $24K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2178 | −0.009% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2178 | −0.012% | $583K | $785K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2175 | −0.129% | $56.4M | $151.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2174 | −0.174% | $44.3M | $44.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2175 | −0.147% | $13.2M | $42.4M | 50x | as long as short |
| Gate XLM_USDTlong | +0.0100% | 8h | 0.2178 | long leg | $4.1M | $6.2M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2175 | −0.119% | $26.0M | $25.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2177 | −0.051% | $14.6M | $10.6M | 75x | as long as short |
Injective XLM/USDC PERP
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
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 | 0.2175 | −0.152% | $25.9M | $19.4M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2178 | 0.000% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2164 | −0.624% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2170 | −0.350% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2175 | −0.135% | $602K | $633K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2164 | −0.647% | $173K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2178 | +0.009% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2176 | −0.096% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2178 | +0.032% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2177 | −0.037% | $201K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2178 | +0.028% | $9.2M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2177 | −0.018% | $194K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0187% | 1h | 0.2179 | +0.046% | $98K | $268K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2178 | +0.028% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2175 | −0.106% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2177 | −0.034% | $45K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.0347% | 1h | 0.2179 | +0.055% | $541K | $160K | 25x | |
| Kraken Futures PF_XLMUSD | +0.0409% | 1h | 0.2178 | +0.030% | $2.7M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2178 | +0.014% | $235K | $1.6M | 50x | as long as short |
| Lighter XLM | +0.0576% | 1h | 0.2178 | 0.000% | $421K | $809K | 5x | as long as short |
| Hyperliquid XLM | +0.0599% | 1h | 0.2180 | +0.092% | $12.4M | $6.1M | 5x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Lighter XLM
Hyperliquid XLM