Funding you earn now, next payment 04:00 UTC+0.0364%/8h= +39.9% APRpaid last 24h +0.095%
Price spread now: Coinbase International against KuCoin+0.098%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$630.632% of the position
Funding, last 7 days+0.232%+$23 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.098%, 7d avg +0.069%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Coinbase International is 0.029% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.069%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.232% in total (about 12.1% 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 | KuCoin XLMUSDTM | 0.2139 | 0.0100 | pay 0.0100% / 8h | 3h 25m | $14.0M | $9.5M | 75x |
| Short | Coinbase International XLM-PERP-INTX | 0.2141 | 0.0464 | get 0.0058% / 1h | 25m 39s | $249K | $1.6M | 50x |
KuCoin XLMUSDTM
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $76.44
- Price spread: +0.098% → +0.069%
- $2.87
- Slippage, 4 orders
- −$41.23
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $16.08
- Costs to cover
- 0.632%
- Break-even
- 5.5 days
Slippage from KuCoin: live order book, 3 min ago; Coinbase International: live order book, 3 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, 3 min ago | 1.87 bp | 25.3 bp −$25 | 44.7 bp −$447 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 3.27 bp | 12.0 bp −$12 | 17.9 bp −$179 | 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 | 0.2138 | −0.009% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.636% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2142 | +0.154% | $376K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2139 | +0.023% | $569K | $621K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2139 | +0.041% | $55.0M | $157.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2139 | 0.000% | $43.3M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2139 | +0.019% | $12.6M | $43.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2139 | +0.014% | $4.1M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2139 | +0.037% | $25.4M | $27.4M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2139 | long leg | $14.0M | $9.5M | 75x |
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_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2139 | +0.005% | $25.8M | $21.9M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2139 | +0.009% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2138 | −0.023% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2147 | +0.399% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2145 | +0.322% | $601K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2147 | +0.397% | $172K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2139 | +0.019% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2137 | −0.089% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2139 | +0.009% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2140 | +0.051% | $197K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2139 | +0.037% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2139 | −0.003% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0177% | 1h | 0.2141 | +0.103% | $12.4M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2139 | +0.023% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2141 | +0.131% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2143 | +0.220% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0301% | 1h | 0.2138 | −0.030% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0464% | 1h | 0.2141 | +0.098% | $249K | $1.6M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2138 | −0.018% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0530% | 1h | 0.2139 | +0.037% | $128K | $294K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0685% | 1h | 0.2140 | +0.089% | $531K | $154K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Hyperliquid XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL