Funding you earn now, next payment 07:00 UTC+0.0276%/8h= +30.2% APRnext payment +$0.34 per $10,000 · paid last 24h +0.094%
Price spread now: Coinbase International against ApeX Omni−0.151%75s7-day average +0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$490.491% of the position
Funding, last 7 days+0.211%+$21 on $10k
+Price spread, last 4 days (all we have)+0.231%+$23 · spread now −0.151%, 7d avg +0.064%
=Funding pays, the price is against you. Coinbase International is 0.215% cheaper against ApeX Omni than usual: you would sell low and buy high (spread −0.151% now, against its 7-day average of +0.064%). If the spread goes back, that is −$21 on $10k: about 2.6 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.211% in total) that is about 7.1 days. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni XLMUSDT | 0.2118 | 0.0100 | pay 0.0013% / 1h | 56m 21s | $170K | $263K | 50x |
| Short | Coinbase International XLM-PERP-INTX | 0.2115 | 0.0376 | get 0.0047% / 1h | 56m 21s | $220K | $1.6M | 50x |
ApeX Omni XLMUSDT
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against ApeX Omni. 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
- $57.96
- Price spread: −0.151% → +0.064%
- −$21.46
- Slippage, 4 orders
- −$29.08
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$12.59
- Costs to cover
- 0.491%
- Break-even
- 8.5 days
Slippage from ApeX Omni: live order book, 46 min ago; Coinbase International: live order book, 2 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 ApeX Omni live order book, 46 min ago | 3.77 bp | 11.2 bp −$11 | 82.9 bp −$829 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 3.54 bp | 13.2 bp −$13 | 18.1 bp −$181 | 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 | 0.2113 | −0.236% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.312% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2119 | +0.024% | $365K | $941K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2116 | −0.104% | $562K | $615K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2115 | −0.166% | $54.3M | $162.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2114 | −0.217% | $42.9M | $47.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2114 | −0.198% | $12.2M | $44.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2115 | −0.179% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2115 | −0.175% | $24.5M | $28.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2114 | −0.208% | $14.0M | $9.4M | 75x | as long as short |
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 XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2114 | −0.212% | $25.4M | $22.7M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.203% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2116 | −0.107% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2119 | +0.022% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2119 | +0.028% | $594K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDTlong | +0.0100% | 1h | 0.2118 | long leg | $170K | $263K | 50x | |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2115 | −0.160% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.127% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2114 | −0.194% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2119 | +0.009% | $195K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2119 | +0.038% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2114 | −0.201% | $189K | $1.5M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0114% | 1h | 0.2118 | −0.019% | $129K | $348K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2119 | +0.038% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2120 | +0.061% | $4K | $50K | 5x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0376% | 1h | 0.2115 | −0.151% | $220K | $1.6M | 50x | |
| dYdX XLM-USD | +0.0511% | 1h | 0.2115 | −0.165% | $23K | $2K | 10x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2116 | −0.111% | $39K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0551% | 1h | 0.2115 | −0.166% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0657% | 1h | 0.2118 | −0.038% | $12.1M | $6.5M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0791% | 1h | 0.2116 | −0.123% | $524K | $172K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL