Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Gate+0.132%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$430.430% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 4 days (all we have)−0.179%−$18 · spread now +0.132%, 7d avg +0.019%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.113% dearer against Gate than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XLM_USDT | 0.2129 | 0.0100 | pay 0.0100% / 8h | 2h 06m | $4.0M | $7.7M | 75x |
| Short | BloFin XLM-USDT | 0.2132 | 0.0220 | get 0.0220% / 8h | 2h 06m | $2.3M | $5.6M | 75x |
Gate XLM_USDT
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $25.2
- Price spread: +0.132% → +0.019%
- $11.27
- Slippage, 4 orders
- −$15.96
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.49
- Costs to cover
- 0.430%
- Break-even
- 8.8 days
Slippage from Gate: live order book, 2 min ago; BloFin: live order book, 7 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 Gate live order book, 2 min ago | 2.58 bp | 15.0 bp −$15 | 34.8 bp −$348 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 7 min ago | 0.24 bp | 6.6 bp −$7 | 11.9 bp −$119 | 26.7 bp −$2,674 | 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 | 0.2130 | +0.044% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.174% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2132 | +0.174% | $357K | $997K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2129 | +0.006% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2130 | +0.043% | $54.7M | $162.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2129 | +0.014% | $43.1M | $47.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2130 | +0.080% | $12.3M | $44.6M | 50x | as long as short |
| Gate XLM_USDTlong | +0.0100% | 8h | 0.2129 | long leg | $4.0M | $7.7M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2130 | +0.061% | $24.7M | $28.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2129 | +0.028% | $13.9M | $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
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 | 0.2130 | +0.038% | $25.6M | $23.0M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2129 | +0.028% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2123 | −0.262% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2124 | −0.226% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2125 | −0.158% | $589K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2125 | −0.179% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2131 | +0.108% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2129 | +0.023% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2131 | +0.089% | $580 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | +0.150% | $196K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2130 | +0.075% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2129 | −0.003% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0142% | 1h | 0.2131 | +0.121% | $2.6M | $2.7M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0151% | 1h | 0.2131 | +0.089% | $132K | $315K | 20x | as long as short |
| Hyperliquid XLM | +0.0197% | 1h | 0.2131 | +0.109% | $12.1M | $6.6M | 5x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2132 | +0.132% | $2.3M | $5.6M | 75x | |
| dYdX XLM-USD | +0.0226% | 1h | 0.2129 | +0.001% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2130 | +0.085% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2131 | +0.094% | $223K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2130 | +0.045% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1018% | 1h | 0.2133 | +0.193% | $529K | $167K | 25x | as long as short |
Bitget XLMUSDT
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
Extended XLM-USD
Kraken Futures PF_XLMUSD
Backpack XLM_USDC_PERP
Hyperliquid XLM
dYdX XLM-USD
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL