Funding you earn now, next payment 23:00 UTC−0.0255%/8h= −27.9% APRpaid last 24h +0.047%
Price spread now: BloFin against Injective+6.311%7-day average +0.209% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.319%+$32 on $10k
+Price spread, last 3 days (all we have)−6.201%−$620 · spread now +6.311%, 7d avg +0.209%
=The price spread pays, funding is against you. BloFin is 6.102% dearer against Injective than usual: you sell high and buy low (spread +6.311% now, against its 7-day average of +0.209%): +$610 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 3 months. Mind the row above: over the last 7 days funding on this pair paid +0.319%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XLM/USDC PERP | 0.2033 | 0.0475 | pay 0.0059% / 1h | 28m 48s | $5K | $238K | 12x |
| Short | BloFin XLM-USDT | 0.2161 | 0.0220 | get 0.0220% / 8h | 1h 28m | $2.4M | $6.0M | 75x |
Injective XLM/USDC PERP
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Injective. 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
- −$53.49
- Price spread: +6.311% → +0.209%
- $610.17
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $544.65
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; BloFin: live order book, 5 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 5 min ago | 0.23 bp | 9.2 bp −$9 | 12.9 bp −$129 | 25.3 bp −$2,534 | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2163 | +6.375% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0013% | 1h | 0.2164 | +6.425% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2165 | +6.500% | $587K | $804K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2166 | +6.555% | $56.3M | $150.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2165 | +6.493% | $44.0M | $43.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2167 | +6.567% | $13.1M | $42.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2162 | +6.335% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2166 | +6.522% | $26.1M | $26.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | +6.463% | $14.6M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2167 | +6.567% | $25.9M | $19.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2166 | +6.557% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2160 | +6.258% | $297K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2169 | +6.666% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2158 | +6.135% | $598K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2166 | +6.527% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2163 | +6.394% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2161 | +6.276% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2162 | +6.370% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2161 | +6.316% | $200K | $273K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2162 | +6.365% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2164 | +6.433% | $193K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0188% | 1h | 0.2163 | +6.404% | $102K | $261K | 20x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2161 | +6.311% | $2.4M | $6.0M | 75x | |
| Phoenix XLM | +0.0221% | 1h | 0.2162 | +6.326% | $5K | $41K | 5x | as long as short |
| Hyperliquid XLM | +0.0305% | 1h | 0.2169 | +6.685% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2162 | +6.354% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2159 | +6.183% | $232K | $1.5M | 50x | as long as short |
| Lighter XLM | +0.0464% | 1h | 0.2169 | +6.709% | $419K | $812K | 5x | as long as short |
| Injective XLM/USDC PERPlong | +0.0475% | 1h | 0.2033 | long leg | $5K | $238K | 12x | |
| Kraken Futures PF_XLMUSD | +0.0505% | 1h | 0.2163 | +6.419% | $2.6M | $2.7M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0814% | 1h | 0.2165 | +6.478% | $537K | $176K | 25x | as long as short |
BingX XLM-USDC
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
Phoenix XLM
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Lighter XLM
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL