Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%
Price spread now: Gate against GRVT−0.138%51s7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as 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−$490.488% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 3 days (all we have)+0.098%+$10 · spread now −0.138%, 7d avg +0.011%
=Together, before fees+0.077%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.149% cheaper against GRVT than usual: you would sell low and buy high, −$15 on $10k if it goes back to its 7-day average of +0.011%. The two prices were read 51 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 | 0.2153 | 0.0100 | pay 0.0100% / 8h | 4m 29s | $596K | $604K | 10x |
| Short | Gate XLM_USDT | 0.2150 | 0.0100 | get 0.0100% / 8h | 4m 29s | $4.1M | $6.3M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $0
- Price spread: −0.138% → +0.011%
- −$14.86
- Slippage, 4 orders
- −$24.78
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$63.64
- Costs to cover
- 0.488%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 8 min ago; Gate: 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 GRVT live order book, 8 min ago | 1.39 bp | 10.2 bp −$10 | 13.9 bp −$139 | 5584.5 bp −$558.4K | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.63 bp | 13.9 bp −$14 | 33.2 bp −$332 | 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 | +0.183% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2147 | −0.271% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0094% | 1h | 0.2150 | −0.143% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2155 | +0.078% | $578K | $752K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2154 | +0.032% | $55.5M | $151.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2153 | −0.022% | $43.7M | $44.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2153 | −0.022% | $13.0M | $41.7M | 50x | as long as short |
| Gate XLM_USDTshort | +0.0100% | 8h | 0.2150 | −0.138% | $4.1M | $6.3M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2152 | −0.054% | $24.9M | $26.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2152 | −0.026% | $14.3M | $10.4M | 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 | 0.2152 | −0.045% | $25.6M | $19.3M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2152 | −0.040% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2149 | −0.212% | $89K | $271K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2145 | −0.365% | $267K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2148 | −0.215% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perplong | +0.0100% | 8h | 0.2153 | long leg | $596K | $604K | 10x | |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2146 | −0.333% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2148 | −0.235% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2151 | −0.105% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2148 | −0.235% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2147 | −0.268% | $198K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2149 | −0.180% | $9.0M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2152 | −0.034% | $192K | $1.6M | 10x | as long as short |
| Lighter XLM | +0.0184% | 1h | 0.2154 | +0.043% | $396K | $836K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2148 | −0.226% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2149 | −0.194% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0315% / S −0.0167% | 1h | 0.2147 | −0.288% | $45K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0327% | 1h | 0.2153 | −0.012% | $12.3M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0415% | 1h | 0.2149 | −0.203% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2153 | +0.011% | $229K | $1.5M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0821% | 1h | 0.2150 | −0.152% | $534K | $161K | 25x | as long as short |
GRVT XLM_USDT_Perp
Gate XLM_USDT
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
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
Lighter XLM
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL