Funding you earn now, next payment 02:00 UTC+0.0364%/8h= +39.9% APRpaid last 24h +0.095%
Price spread now: Coinbase International against HTX+0.174%7-day average +0.067% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$960.957% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.174%, 7d avg +0.067%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.107% dearer against HTX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.067%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.152% in total (about 7.9% 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 | HTX XLM-USDT | 0.2123 | 0.0100 | pay 0.0100% / 8h | 5h 37m | $196K | $252K | 20x |
| Short | Coinbase International XLM-PERP-INTX | 0.2126 | 0.0464 | get 0.0058% / 1h | 37m 54s | $232K | $1.5M | 50x |
HTX XLM-USDT
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against HTX. 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
- $76.44
- Price spread: +0.174% → +0.067%
- $10.74
- Slippage, 4 orders
- −$73.67
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$8.49
- Costs to cover
- 0.957%
- Break-even
- 7.8 days
Slippage from HTX: live order book, 24 min ago; Coinbase International: live order book, 1 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 HTX live order book, 24 min ago | 24.78 bp | 31.4 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 5.42 bp | 13.2 bp −$13 | 18.5 bp −$185 | 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 | 0.2118 | −0.220% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2119 | −0.146% | $356K | $901K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2118 | −0.229% | $54.3M | $153.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2117 | −0.254% | $42.8M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2118 | −0.236% | $12.5M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2117 | −0.259% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.245% | $23.7M | $26.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2117 | −0.273% | $14.0M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2117 | −0.259% | $25.4M | $20.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2117 | −0.245% | — | $6.7M | — | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2117 | −0.259% | $92K | $270K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2122 | −0.024% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2122 | −0.012% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.245% | $589K | $598K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | +0.217% | $170K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2119 | −0.170% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2119 | −0.170% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2118 | −0.203% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDTlong | +0.0100% | 8h | 0.2123 | long leg | $196K | $252K | 20x | |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2117 | −0.264% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2118 | −0.229% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0107% | 8h | 0.2118 | −0.235% | $563K | $624K | 75x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2120 | −0.104% | $2.3M | $4.9M | 75x | as long as short |
| dYdX XLM-USD | +0.0246% | 1h | 0.2121 | −0.095% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2128 | +0.240% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0434% | 1h | 0.2120 | −0.127% | $12.3M | $6.1M | 5x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0464% | 1h | 0.2126 | +0.174% | $232K | $1.5M | 50x | |
| Kraken Futures PF_XLMUSD | +0.0464% | 1h | 0.2117 | −0.253% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2118 | −0.217% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0694% | 1h | 0.2120 | −0.137% | $526K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | +0.113% | $683 | $241K | 12x | as long as short |
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP