Funding you earn now, next payment 06:00 UTC+0.0308%/8h= +33.7% APRpaid last 24h +0.094%
Price spread now: Coinbase International against edgeX−0.139%7-day average +0.081% · you buy dearer than you sell
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$390.391% of the position
Funding, last 7 days+0.175%+$17 on $10k
+Price spread, last 4 days (all we have)+0.209%+$21 · spread now −0.139%, 7d avg +0.081%
=Together, before fees+0.383%+ Points / potential airdropedgeX: Active · farm board+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.220% cheaper against edgeX than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of +0.081%). If the spread goes back, that is −$22 on $10k: about 2.4 days of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.175% in total) that is about 8.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.175% in total (about 9.1% 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 | edgeX XLMUSDC | 0.2128 | 0.0100 | pay 0.0050% / 4h | 1h 17m | $12K | $308K | 10x |
| Short | Coinbase International XLM-PERP-INTX | 0.2125 | 0.0408 | get 0.0051% / 1h | 17m 10s | $222K | $1.7M | 50x |
edgeX XLMUSDC
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against edgeX. 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
- $64.68
- Price spread: −0.139% → +0.081%
- −$22.02
- Slippage, 4 orders
- −$20.06
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $3.6
- Costs to cover
- 0.391%
- Break-even
- 6.6 days
Slippage from edgeX: live order book, 26 min ago; Coinbase International: live order book, 1 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 edgeX live order book, 26 min ago | 1.18 bp | 6.0 bp −$6 | 52.3 bp −$523 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 4.46 bp | 14.0 bp −$14 | 18.2 bp −$182 | 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 | 0.2126 | −0.089% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.153% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2130 | +0.091% | $368K | $946K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2129 | +0.044% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2127 | −0.036% | $54.6M | $162.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2127 | −0.078% | $43.1M | $47.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2127 | −0.069% | $12.2M | $44.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2127 | −0.078% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2128 | −0.031% | $25.0M | $29.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2127 | −0.036% | $14.1M | $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 | 0.2127 | −0.069% | $25.5M | $23.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2127 | −0.064% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2125 | −0.147% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDClong | +0.0100% | 4h | 0.2128 | long leg | $12K | $308K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | −0.003% | $597K | $593K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | −0.083% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2127 | −0.059% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2127 | −0.074% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2127 | −0.064% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2129 | +0.053% | $196K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2127 | −0.055% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2127 | −0.064% | $189K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2127 | −0.036% | $2.3M | $5.6M | 75x | as long as short |
| Hyperliquid XLM | +0.0224% | 1h | 0.2129 | +0.053% | $12.1M | $6.5M | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0224% | 1h | 0.2128 | −0.031% | $130K | $349K | 20x | as long as short |
| dYdX XLM-USD | +0.0231% | 1h | 0.2127 | −0.058% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2129 | +0.039% | $4K | $50K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0331% | 1h | 0.2128 | −0.018% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0408% | 1h | 0.2125 | −0.139% | $222K | $1.7M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2126 | −0.110% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0785% | 1h | 0.2129 | +0.011% | $528K | $168K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
BloFin XLM-USDT
Hyperliquid XLM
Backpack XLM_USDC_PERP
dYdX XLM-USD
Phoenix XLM
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL