Funding you earn now, next payment 02:00 UTC−0.0364%/8h= −39.9% APRpaid last 24h −0.095%
Price spread now: edgeX against Coinbase International+0.110%77s7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$52as 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−$370.369% of the position
Funding, last 7 days−0.152%−$15 on $10k
+Price spread, last 4 days (all we have)−0.370%−$37 · spread now +0.110%, 7d avg −0.082%
=Together, before fees−0.522%+ Points / potential airdropedgeX: Active · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.192% dearer against Coinbase International than usual: you sell high and buy low (spread +0.110% now, against its 7-day average of −0.082%): +$19 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 42 hours. At the pace of the last 7 days (−0.152% in total) that is about 8.8 days. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.152% in total (about -7.9% 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 | Coinbase International XLM-PERP-INTX | 0.2135 | 0.0464 | pay 0.0058% / 1h | 26m 04s | $234K | $1.5M | 50x |
| Short | edgeX XLMUSDC | 0.2138 | 0.0100 | get 0.0050% / 4h | 1h 26m | $12K | $302K | 10x |
Coinbase International XLM-PERP-INTX
edgeX XLMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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: +0.110% → −0.082%
- $19.18
- Slippage, 4 orders
- −$17.91
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$94.18
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; edgeX: live order book, 37 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 Coinbase International live order book, 3 min ago | 4.45 bp | 14.0 bp −$14 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 37 min ago | 1.18 bp | 6.1 bp −$6 | 57.4 bp −$574 | 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 | 0.2135 | −0.002% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2138 | +0.131% | $359K | $903K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2138 | +0.126% | $54.8M | $154.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2137 | +0.070% | $43.2M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2137 | +0.075% | $12.6M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2137 | +0.080% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2138 | +0.112% | $24.0M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2137 | +0.075% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2137 | +0.075% | $25.6M | $21.1M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2137 | +0.094% | — | $7.0M | — | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2138 | +0.098% | $97K | $273K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2136 | +0.026% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDCshort | +0.0100% | 4h | 0.2138 | +0.110% | $12K | $302K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2136 | +0.005% | $591K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2139 | +0.178% | $171K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2136 | +0.023% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2135 | −0.019% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2137 | +0.080% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2133 | −0.122% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2138 | +0.103% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2137 | +0.062% | $190K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0107% | 8h | 0.2136 | +0.045% | $568K | $624K | 75x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2131 | −0.192% | $2.3M | $4.9M | 75x | as long as short |
| dYdX XLM-USD | +0.0232% | 1h | 0.2134 | −0.091% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2136 | +0.014% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0417% | 1h | 0.2139 | +0.178% | $12.4M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0460% | 1h | 0.2137 | +0.082% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0464% | 1h | 0.2135 | long leg | $234K | $1.5M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0193% | 1h | 0.2136 | +0.006% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0733% | 1h | 0.2138 | +0.122% | $531K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.492% | $683 | $241K | 12x | as long as short |
Backpack XLM_USDC_PERP
Variational Omni XLM
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
Aster XLMUSDT
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP