Funding you earn now, next payment 22:00 UTC−0.0328%/8h= −35.9% APRnext payment −$0.41 per $10,000 · paid last 24h −0.095%
Price spread now: Extended against Coinbase International+0.108%7-day average −0.109% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.125%−$13 on $10k
+Price spread, last 3 days (all we have)−0.063%−$6 · spread now +0.108%, 7d avg −0.109%
=Together, before fees−0.188%+ Points / potential airdropExtended: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.217% dearer against Coinbase International than usual: you sell high and buy low (spread +0.108% now, against its 7-day average of −0.109%): +$22 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.125% in total) that is about 12 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.125% in total (about -6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 per $10,000. 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 | 0.2185 | 0.0432 | pay 0.0054% / 1h | 45m 42s | $232K | $1.5M | 50x |
| Short | Extended XLM-USD | 0.2187 | 0.0104 | get 0.0013% / 1h | 45m 42s | $195K | $1.6M | 10x |
Coinbase International XLM-PERP-INTX
Extended XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$68.88
- Price spread: +0.108% → −0.109%
- $21.69
- Slippage, 4 orders
- −$27.78
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$89.98
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Extended: 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 Coinbase International live order book, 3 min ago | 4.35 bp | 14.4 bp −$14 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 5.27 bp | 7.8 bp −$8 | 16.7 bp −$167 | 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 | 0.2184 | −0.053% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0016% | 1h | 0.2187 | +0.116% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2190 | +0.220% | $595K | $799K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2192 | +0.308% | $57.1M | $148.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2191 | +0.270% | $44.6M | $42.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2190 | +0.256% | $13.3M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2186 | +0.069% | $4.0M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2191 | +0.265% | $26.0M | $25.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2191 | +0.275% | $14.7M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2189 | +0.174% | $26.2M | $18.6M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX 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-USDC | +0.0100% | 8h | 0.2187 | +0.105% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2164 | −0.938% | $246K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2167 | −0.833% | $12K | $299K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2170 | −0.672% | $606K | $622K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2177 | −0.366% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2185 | +0.009% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2182 | −0.124% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2185 | −0.014% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2181 | −0.174% | $201K | $272K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2184 | −0.037% | $9.2M | $9.1M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2187 | +0.108% | $195K | $1.6M | 10x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2181 | −0.192% | $2.4M | $6.3M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2173 | −0.554% | $5K | $41K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0340% | 1h | 0.2185 | 0.000% | $104K | $253K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0344% / S −0.0195% | 1h | 0.2183 | −0.077% | $49K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0368% | 1h | 0.2190 | +0.229% | $12.4M | $6.0M | 5x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0432% | 1h | 0.2185 | long leg | $232K | $1.5M | 50x | |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2156 | −1.318% | $116 | $185K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0500% | 1h | 0.2185 | +0.009% | $2.6M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0574% | 1h | 0.2186 | +0.046% | $542K | $174K | 25x | as long as short |
| Lighter XLM | +0.0664% | 1h | 0.2193 | +0.371% | $431K | $805K | 5x | as long as short |
BingX XLM-USDC
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
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL
Lighter XLM