Funding you earn now, next payment 08:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.091%
Price spread now: Coinbase International against GRVT−0.019%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$470.467% of the position
Funding, last 7 days+0.236%+$24 on $10k
+Price spread, last 4 days (all we have)+0.205%+$20 · spread now −0.019%, 7d avg +0.084%
=Together, before fees+0.440%+ Points / potential airdropGRVT: Active · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.103% cheaper against GRVT than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.084%). If the spread goes back, that is −$10 on $10k: about 36 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.236% in total) that is about 3.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT XLM_USDT_Perp | 0.2130 | 0.0100 | pay 0.0100% / 8h | 7h 13m | $587K | $553K | 10x |
| Short | Coinbase International XLM-PERP-INTX | 0.2130 | 0.0328 | get 0.0041% / 1h | 13m 19s | $213K | $1.6M | 50x |
GRVT XLM_USDT_Perp
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $47.88
- Price spread: −0.019% → +0.084%
- −$10.32
- Slippage, 4 orders
- −$27.74
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$9.18
- Costs to cover
- 0.467%
- Break-even
- 8.3 days
Slippage from GRVT: live order book, 20 min ago; Coinbase International: live order book, 5 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, 20 min ago | 1.42 bp | 10.1 bp −$10 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 5 min ago | 4.46 bp | 12.4 bp −$12 | 16.8 bp −$168 | 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 | 0.2126 | −0.163% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.230% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2130 | +0.023% | $367K | $929K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2128 | −0.102% | $564K | $583K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2128 | −0.074% | $55.3M | $157.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2127 | −0.132% | $44.0M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2127 | −0.113% | $12.3M | $45.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2127 | −0.141% | $4.0M | $7.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2128 | −0.099% | $24.0M | $29.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2128 | −0.094% | $14.0M | $9.1M | 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 | 0.2127 | −0.141% | $25.8M | $23.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2127 | −0.122% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2129 | −0.056% | $130K | $338K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2132 | +0.107% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2130 | +0.023% | $12K | $310K | 10x | as long as short |
| GRVT XLM_USDT_Perplong | +0.0100% | 8h | 0.2130 | long leg | $587K | $553K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2129 | −0.028% | $171K | $254K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2128 | −0.089% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.319% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2127 | −0.150% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2128 | −0.094% | $196K | $198K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2128 | −0.099% | $8.7M | $8.7M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2126 | −0.165% | $189K | $753K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2129 | −0.056% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2127 | −0.117% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0328% | 1h | 0.2130 | −0.019% | $213K | $1.6M | 50x | |
| Kraken Futures PF_XLMUSD | +0.0339% | 1h | 0.2128 | −0.081% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0495% / S −0.0231% | 1h | 0.2126 | −0.172% | $38K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0523% | 1h | 0.2131 | +0.031% | $12.2M | $6.4M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0737% | 1h | 0.2129 | −0.056% | $528K | $122K | 25x | as long as short |
| dYdX XLM-USD | +0.0878% | 1h | 0.2127 | −0.156% | $27K | $5K | 10x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
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
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL
dYdX XLM-USD