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 SunX+0.113%7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1361.365% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.113%, 7d avg −0.016%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.129% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XLM-USDT | 0.2121 | 0.0100 | pay 0.0100% / 8h | 3h 00m | $2K | $1.6M | 20x |
| Short | BloFin XLM-USDT | 0.2123 | 0.0220 | get 0.0220% / 8h | 3h 00m | $2.3M | $5.5M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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: +0.113% → −0.016%
- $12.94
- Slippage, 4 orders
- −$116.47
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$98.33
- Costs to cover
- 1.365%
- Break-even
- 34.3 days
Slippage from SunX: live order book, 4 min ago; BloFin: 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 SunX live order book, 4 min ago | 29.36 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.23 bp | 6.2 bp −$6 | 9.0 bp −$90 | 18.9 bp −$1,894 | 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 | 0.2121 | +0.032% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.198% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2126 | +0.231% | $373K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2123 | +0.123% | $564K | $624K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2122 | +0.071% | $54.4M | $158.7M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2121 | +0.009% | $42.9M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2121 | +0.005% | $12.5M | $43.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2122 | +0.038% | $4.1M | $7.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2122 | +0.071% | $25.3M | $27.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2122 | +0.061% | $13.9M | $9.5M | 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 | 0.2122 | +0.033% | $25.6M | $22.2M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2122 | +0.042% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2121 | +0.016% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2122 | +0.061% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2125 | +0.196% | $595K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2122 | +0.042% | $170K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2123 | +0.104% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2121 | long leg | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2122 | +0.066% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2121 | −0.005% | $195K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2123 | +0.099% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2121 | +0.030% | $190K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0179% | 1h | 0.2123 | +0.108% | $12.2M | $6.4M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0186% | 1h | 0.2123 | +0.082% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2123 | +0.113% | $2.3M | $5.5M | 75x | |
| Phoenix XLM | +0.0225% | 1h | 0.2127 | +0.288% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0357% | 1h | 0.2121 | −0.008% | $23K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0362% | 1h | 0.2123 | +0.104% | $127K | $294K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2124 | +0.174% | $239K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2121 | +0.020% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0975% | 1h | 0.2124 | +0.160% | $527K | $162K | 25x | as long as short |
SunX XLM-USDT
BloFin XLM-USDT
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_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Phoenix XLM
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL