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 SunX+0.024%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1521.518% of the position
Funding, last 7 days+0.175%+$17 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.024%, 7d avg +0.045%
=Funding pays, the price is against you. Coinbase International is 0.021% cheaper against SunX than usual: you would sell low and buy high (spread +0.024% now, against its 7-day average of +0.045%). If the spread goes back, that is −$2 on $10k: about 5 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.175% in total) that is about 20 hours.
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 | SunX XLM-USDT | 0.2115 | 0.0100 | pay 0.0100% / 8h | 1h 27m | $2K | $1.6M | 20x |
| Short | Coinbase International XLM-PERP-INTX | 0.2116 | 0.0408 | get 0.0051% / 1h | 27m 35s | $221K | $1.7M | 50x |
SunX XLM-USDT
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SunX. 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: +0.024% → +0.045%
- −$2.1
- Slippage, 4 orders
- −$133.81
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$89.24
- Costs to cover
- 1.518%
- Break-even
- 16.7 days
Slippage from SunX: live order book, 8 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 SunX live order book, 8 min ago | 29.53 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 1 min ago | 3.31 bp | 13.7 bp −$14 | 19.8 bp −$198 | 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 | 0.2115 | −0.032% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.463% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2122 | +0.321% | $360K | $938K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2119 | +0.193% | $562K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2121 | +0.255% | $54.5M | $162.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2119 | +0.180% | $42.9M | $47.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2120 | +0.227% | $12.2M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2119 | +0.175% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | +0.265% | $25.0M | $28.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2120 | +0.222% | $14.0M | $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 | 0.2120 | +0.217% | $25.5M | $23.0M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2119 | +0.203% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2113 | −0.098% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2114 | −0.040% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2114 | −0.066% | $593K | $593K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2114 | −0.057% | $169K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2116 | +0.038% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2115 | long leg | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2117 | +0.066% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.071% | $195K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2117 | +0.090% | $8.7M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2120 | +0.212% | $188K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0156% | 1h | 0.2117 | +0.095% | $110K | $339K | 20x | as long as short |
| Hyperliquid XLM | +0.0161% | 1h | 0.2122 | +0.303% | $12.1M | $6.5M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2114 | −0.057% | $2.3M | $5.5M | 75x | as long as short |
| dYdX XLM-USD | +0.0248% | 1h | 0.2119 | +0.163% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2117 | +0.109% | $4K | $50K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0333% | 1h | 0.2117 | +0.105% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0408% | 1h | 0.2116 | +0.024% | $221K | $1.7M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0247% | 1h | 0.2116 | +0.021% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0932% | 1h | 0.2118 | +0.118% | $525K | $168K | 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
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Backpack XLM_USDC_PERP
Hyperliquid XLM
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL