Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against GRVT+0.042%102s7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.479% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.042%, 7d avg +0.029%
=Together, before fees+0.236%+ Points / potential airdropGRVT: Active · farm board+$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XLM_USDT_Perp | 0.2119 | 0.0100 | pay 0.0100% / 8h | 7h 51m | $590K | $551K | 10x |
| Short | BloFin XLM-USDT | 0.2120 | 0.0220 | get 0.0220% / 8h | 7h 51m | $2.3M | $5.4M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against GRVT. 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
- $25.2
- Price spread: +0.042% → +0.029%
- $1.32
- Slippage, 4 orders
- −$26.87
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$21.35
- Costs to cover
- 0.479%
- Break-even
- 12.9 days
Slippage from GRVT: live order book, 46 min ago; BloFin: live order book, 2 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 GRVT live order book, 46 min ago | 4.96 bp | 13.0 bp −$13 | 18.6 bp −$186 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.24 bp | 10.1 bp −$10 | 19.1 bp −$191 | 34.7 bp −$3,468 | 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 | 0.2115 | −0.188% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.297% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2123 | +0.198% | $366K | $917K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2123 | +0.193% | $563K | $583K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2123 | +0.201% | $54.9M | $161.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2122 | +0.165% | $43.6M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2124 | +0.245% | $12.1M | $45.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2118 | −0.047% | $3.9M | $7.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2124 | +0.236% | $24.4M | $28.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2120 | +0.076% | $14.0M | $9.2M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2123 | +0.198% | $25.6M | $23.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2121 | +0.113% | — | $7.3M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2119 | +0.009% | $130K | $345K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | +0.068% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2118 | −0.037% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perplong | +0.0100% | 8h | 0.2119 | long leg | $590K | $551K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2117 | −0.061% | $170K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2119 | +0.014% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2117 | −0.057% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2117 | −0.080% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2119 | +0.024% | $195K | $213K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2118 | −0.019% | $8.7M | $8.8M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2121 | +0.125% | $189K | $1.1M | 10x | as long as short |
| dYdX XLM-USD | +0.0214% | 1h | 0.2120 | +0.039% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2120 | +0.042% | $2.3M | $5.4M | 75x | |
| Phoenix XLM | +0.0226% | 1h | 0.2119 | −0.009% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2120 | +0.080% | $218K | $1.7M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0341% | 1h | 0.2118 | −0.052% | $2.5M | $2.6M | 50x | as long as short |
| Hyperliquid XLM | +0.0429% | 1h | 0.2126 | +0.328% | $12.2M | $6.4M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2118 | −0.042% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0694% | 1h | 0.2120 | +0.042% | $526K | $149K | 25x | as long as short |
GRVT XLM_USDT_Perp
BloFin XLM-USDT
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 XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL