Funding you earn now, next payment 22:00 UTC+0.0332%/8h= +36.4% APRpaid last 24h +0.096%
Price spread now: Coinbase International against Gate+0.237%7-day average +0.079% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$720.719% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 3 days (all we have)−0.295%−$30 · spread now +0.237%, 7d avg +0.079%
=Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Coinbase International is 0.158% dearer against Gate than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.079%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.226% in total (about 11.8% 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 | Gate XLM_USDT | 0.2154 | 0.0100 | pay 0.0100% / 8h | 1h 05m | $4.1M | $6.2M | 75x |
| Short | Coinbase International XLM-PERP-INTX | 0.2159 | 0.0432 | get 0.0054% / 1h | 5m 45s | $234K | $1.6M | 50x |
Gate XLM_USDT
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $69.72
- Price spread: +0.237% → +0.079%
- $15.78
- Slippage, 4 orders
- −$46.89
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $13.61
- Costs to cover
- 0.719%
- Break-even
- 5.6 days
Slippage from Gate: live order book, 3 min ago; Coinbase International: 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 Gate live order book, 3 min ago | 4.42 bp | 23.1 bp −$23 | 42.7 bp −$427 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 4.87 bp | 13.2 bp −$13 | 18.0 bp −$180 | 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 | 0.2157 | +0.116% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0022% | 1h | 0.2157 | +0.121% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2154 | −0.019% | $584K | $816K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2154 | −0.028% | $55.9M | $151.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2153 | −0.042% | $43.9M | $44.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2154 | −0.023% | $13.1M | $42.2M | 50x | as long as short |
| Gate XLM_USDTlong | +0.0100% | 8h | 0.2154 | long leg | $4.1M | $6.2M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2154 | −0.014% | $25.9M | $26.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2153 | −0.056% | $14.2M | $10.7M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2153 | −0.032% | $25.7M | $19.3M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
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-USDT | +0.0100% | 8h | 0.2153 | −0.042% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2159 | +0.237% | $297K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2161 | +0.303% | $12K | $299K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2160 | +0.264% | $601K | $625K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2160 | +0.279% | $173K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2157 | +0.135% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2154 | −0.009% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2157 | +0.111% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2158 | +0.195% | $199K | $263K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2156 | +0.084% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2153 | −0.069% | $193K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0156% | 1h | 0.2156 | +0.074% | $97K | $272K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2153 | −0.056% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2159 | +0.218% | $5K | $41K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2156 | +0.084% | $45K | — | 100x | as long as short |
| Lighter XLM | +0.0352% | 1h | 0.2159 | +0.209% | $417K | $813K | 5x | as long as short |
| Hyperliquid XLM | +0.0413% | 1h | 0.2156 | +0.070% | $12.3M | $6.1M | 5x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0432% | 1h | 0.2159 | +0.237% | $234K | $1.6M | 50x | |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2026 | −5.947% | $5K | $238K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0507% | 1h | 0.2158 | +0.159% | $2.6M | $2.7M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0678% | 1h | 0.2158 | +0.190% | $536K | $166K | 25x | as long as short |
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Lighter XLM
Hyperliquid XLM
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL