Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against KuCoin−0.061%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$560.561% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)−0.135%−$13 · spread now −0.061%, 7d avg +0.015%
=Funding pays, the price is against you. BloFin is 0.076% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of +0.015%). If the spread goes back, that is −$8 on $10k: about 2.1 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XLMUSDTM | 0.2132 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $14.1M | $9.8M | 75x |
| Short | BloFin XLM-USDT | 0.2130 | 0.0220 | get 0.0220% / 8h | 5h 04m | $2.3M | $5.0M | 75x |
KuCoin XLMUSDTM
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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: −0.061% → +0.015%
- −$7.61
- Slippage, 4 orders
- −$32.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$38.5
- Costs to cover
- 0.561%
- Break-even
- 17.7 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: 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 KuCoin live order book, 4 min ago | 2.11 bp | 15.7 bp −$16 | 33.1 bp −$331 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 2.81 bp | 11.8 bp −$12 | 13.2 bp −$132 | 26.3 bp −$2,634 | 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 | 0.2129 | −0.105% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2134 | +0.084% | $373K | $923K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2132 | +0.007% | $568K | $624K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2131 | −0.028% | $54.5M | $154.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2130 | −0.080% | $43.0M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2130 | −0.070% | $12.5M | $42.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2132 | +0.014% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2131 | −0.028% | $23.9M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2132 | long leg | $14.1M | $9.8M | 75x | |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2130 | −0.070% | $25.6M | $21.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.080% | — | $7.0M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2132 | −0.009% | $95K | $274K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2129 | −0.123% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2133 | +0.062% | $12K | $304K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2135 | +0.141% | $595K | $595K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2135 | +0.164% | $171K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2130 | −0.080% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.122% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2130 | −0.080% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.080% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | −0.009% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2130 | −0.070% | $190K | $1.8M | 10x | as long as short |
| dYdX XLM-USD | +0.0197% | 1h | 0.2130 | −0.094% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2130 | −0.061% | $2.3M | $5.0M | 75x | |
| Phoenix XLM | +0.0264% | 1h | 0.2133 | +0.080% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0309% | 1h | 0.2134 | +0.108% | $12.3M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0462% | 1h | 0.2130 | −0.090% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2133 | +0.056% | $238K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0193% | 1h | 0.2129 | −0.134% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0642% | 1h | 0.2131 | −0.028% | $529K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.314% | $683 | $241K | 12x | as long as short |
BingX XLM-USDT
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
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP