Funding you earn now, next payment 21:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.095%
Price spread now: Coinbase International against SunX−0.038%7-day average +0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1541.538% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 3 days (all we have)−0.066%−$7 · spread now −0.038%, 7d avg +0.027%
=Funding pays, the price is against you. Coinbase International is 0.065% cheaper against SunX than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.027%). If the spread goes back, that is −$6 on $10k: about 17 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.129% in total) that is about 3.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.129% in total (about 6.7% 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 | SunX XLM-USDT | 0.2128 | 0.0100 | pay 0.0100% / 8h | 2h 29m | $2K | $1.7M | 20x |
| Short | Coinbase International XLM-PERP-INTX | 0.2127 | 0.0408 | get 0.0051% / 1h | 29m 30s | $228K | $1.5M | 50x |
SunX XLM-USDT
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $64.68
- Price spread: −0.038% → +0.027%
- −$6.49
- Slippage, 4 orders
- −$135.76
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$95.57
- Costs to cover
- 1.538%
- Break-even
- 17.3 days
Slippage from SunX: live order book, 6 min ago; Coinbase International: 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 SunX live order book, 6 min ago | 29.27 bp | 47.7 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 4 min ago | 4.22 bp | 14.7 bp −$15 | 19.9 bp −$199 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2133 | +0.216% | $23K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2130 | +0.070% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2132 | +0.189% | $585K | $793K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2137 | +0.409% | $55.1M | $144.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2136 | +0.371% | $43.4M | $41.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2136 | +0.352% | $12.9M | $40.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2134 | +0.254% | $3.9M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2135 | +0.320% | $25.1M | $25.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2133 | +0.235% | $14.3M | $10.3M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2137 | +0.390% | $25.6M | $17.9M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) 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-USDT | +0.0100% | 8h | 0.2135 | +0.324% | — | $6.9M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2130 | +0.075% | $102K | $220K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2130 | +0.099% | $206K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2131 | +0.130% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2131 | +0.149% | $598K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2130 | +0.103% | $171K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2129 | +0.033% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2128 | long leg | $2K | $1.7M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2130 | +0.061% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | +0.155% | $199K | $267K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2130 | +0.061% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2136 | +0.348% | $192K | $1.6M | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2131 | +0.108% | $5K | $43K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2131 | +0.117% | $2.3M | $6.2M | 75x | as long as short |
| Hyperliquid XLM | +0.0238% | 1h | 0.2138 | +0.457% | $11.9M | $5.8M | 5x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2127 | −0.061% | $476 | $154K | 12x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0312% / S −0.0166% | 1h | 0.2129 | +0.043% | $44K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0408% | 1h | 0.2127 | −0.038% | $228K | $1.5M | 50x | |
| Deribit XLM_USDC-PERPETUAL | +0.0548% | 1h | 0.2131 | +0.141% | $529K | $168K | 25x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0554% | 1h | 0.2130 | +0.074% | $2.6M | $2.6M | 50x | as long as short |
| Lighter XLM | +0.0736% | 1h | 0.2138 | +0.470% | $427K | $788K | 5x | 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
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
BloFin XLM-USDT
Hyperliquid XLM
Injective XLM/USDC PERP
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Kraken Futures PF_XLMUSD
Lighter XLM