Funding you earn now, next payment 04:00 UTC−0.0364%/8h= −39.9% APRpaid last 24h −0.095%
Price spread now: Gate against Coinbase International−0.052%7-day average −0.080% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$580.583% of the position
Funding, last 7 days−0.256%−$26 on $10k
+Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.052%, 7d avg −0.080%
=The price spread pays, funding is against you. Gate is 0.028% dearer against Coinbase International than usual: you sell high and buy low (spread −0.052% now, against its 7-day average of −0.080%): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.256% in total) that is about 19 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XLM-PERP-INTX | 0.2134 | 0.0464 | pay 0.0058% / 1h | 20m 51s | $246K | $1.6M | 50x |
| Short | Gate XLM_USDT | 0.2132 | 0.0100 | get 0.0100% / 8h | 3h 20m | $4.1M | $6.9M | 75x |
Coinbase International XLM-PERP-INTX
Gate XLM_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: −0.052% → −0.080%
- $2.84
- Slippage, 4 orders
- −$33.32
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$131.92
- Costs to cover
- 0.583%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; Gate: 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 Coinbase International live order book, 3 min ago | 3.05 bp | 13.9 bp −$14 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 2.82 bp | 12.7 bp −$13 | 20.9 bp −$209 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit XLM_USDC-PERPETUAL | 0.0000% | 1h | 0.2134 | +0.037% | $529K | $157K | 25x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2133 | −0.007% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.403% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2137 | +0.159% | $375K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2133 | −0.024% | $567K | $621K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2134 | −0.001% | $54.8M | $157.7M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2132 | −0.075% | $43.1M | $46.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2133 | −0.042% | $12.5M | $43.2M | 50x | as long as short |
| Gate XLM_USDTshort | +0.0100% | 8h | 0.2132 | −0.052% | $4.1M | $6.9M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2133 | −0.014% | $25.1M | $27.4M | 300x | as long as short |
Deribit XLM_USDC-PERPETUAL
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2132 | −0.056% | $14.0M | $9.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2132 | −0.052% | $25.7M | $22.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.066% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2133 | −0.022% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2134 | −0.004% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2137 | +0.156% | $599K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2133 | −0.042% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2135 | +0.066% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2133 | −0.023% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2135 | +0.066% | $582 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.075% | $196K | $250K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2134 | +0.028% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2133 | −0.039% | $192K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0179% | 1h | 0.2135 | +0.047% | $12.3M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2136 | +0.104% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | +0.028% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2129 | −0.211% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0315% | 1h | 0.2134 | −0.004% | $23K | $2K | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0462% | 1h | 0.2134 | +0.009% | $127K | $294K | 20x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0464% | 1h | 0.2134 | long leg | $246K | $1.6M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2134 | +0.002% | $40K | — | 100x | as long as short |
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
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
Extended XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]