Funding you earn now, next payment 10:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.089%
Price spread now: KuCoin against Coinbase International−0.339%7-day average −0.072% · you buy dearer than you sell
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costs−$87as in the Price arb table
costs, in and out, $10k−$600.600% of the position
Funding, last 7 days−0.249%−$25 on $10k
+Price spread, last 4 days (all we have)+0.377%+$38 · spread now −0.339%, 7d avg −0.072%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and KuCoin is 0.268% cheaper against Coinbase International than usual: you would sell low and buy high (−$27 if the spread goes back to its 7-day average of −0.072%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XLM-PERP-INTX | 0.2121 | 0.0328 | pay 0.0041% / 1h | 44m 58s | $211K | $1.3M | 50x |
| Short | KuCoin XLMUSDTM | 0.2114 | 0.0100 | get 0.0100% / 8h | 5h 44m | $13.7M | $8.6M | 75x |
Coinbase International XLM-PERP-INTX
KuCoin XLMUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$47.88
- Price spread: −0.339% → −0.072%
- −$26.77
- Slippage, 4 orders
- −$38.01
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$134.66
- Costs to cover
- 0.600%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 2 min ago; KuCoin: 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, 2 min ago | 2.83 bp | 13.5 bp −$13 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 1.65 bp | 13.2 bp −$13 | 35.4 bp −$354 | doesn't fit | doesn't fit |
XLM on 31 exchanges
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 | −0.357% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.193% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2116 | −0.226% | $370K | $803K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2116 | −0.236% | $561K | $440K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2115 | −0.277% | $54.6M | $145.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2114 | −0.325% | $44.0M | $41.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2114 | −0.330% | $12.2M | $42.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2113 | −0.377% | $4.0M | $6.6M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2114 | −0.325% | $24.5M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTMshort | +0.0100% | 8h | 0.2114 | −0.339% | $13.7M | $8.6M | 75x |
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_USDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2114 | −0.311% | $26.0M | $21.2M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2114 | −0.311% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2114 | −0.321% | $119K | $297K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2116 | −0.233% | $253K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2117 | −0.170% | $12K | $311K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2119 | −0.099% | $592K | $521K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2117 | −0.179% | $170K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2114 | −0.325% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2115 | −0.292% | $1K | $1.4M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2114 | −0.339% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2115 | −0.297% | $190K | $244K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2114 | −0.311% | $8.6M | $8.5M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2113 | −0.353% | $188K | $612K | 10x | as long as short |
| Phoenix XLM | +0.0150% | 1h | 0.2120 | −0.019% | $4K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2114 | −0.306% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0257% | 1h | 0.2113 | −0.373% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0328% | 1h | 0.2121 | long leg | $211K | $1.3M | 50x | |
| Hyperliquid XLM | +0.0392% | 1h | 0.2117 | −0.203% | $12.4M | $5.6M | 5x | as long as short |
| dYdX XLM-USD | +0.0496% | 1h | 0.2114 | −0.314% | $27K | $5K | 10x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0511% / S −0.0245% | 1h | 0.2113 | −0.373% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0554% | 1h | 0.2115 | −0.269% | $524K | $103K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
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
Phoenix XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL