Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance−0.046%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 7 days−0.028%−$3 on $10k
+Price spread, last 7 days+0.007%+$1 · spread now −0.046%, 7d avg −0.034%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLMUSDT | 0.2157 | 0.0100 | pay 0.0100% / 8h | 22m 06s | $55.7M | $150.9M | 75x |
| Short | Bybit XLMUSDT | 0.2156 | 0.0100 | get 0.0100% / 8h | 22m 06s | $43.8M | $44.0M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: −0.046% → −0.034%
- −$1.24
- Slippage, 4 orders
- −$16.91
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$39.14
- Costs to cover
- 0.379%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: 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 Binance live order book, 6 min ago | 0.23 bp | 7.9 bp −$8 | 12.1 bp −$121 | 31.1 bp −$3,109 | doesn't fit |
| Sell Bybit live order book, 2 min ago | 2.32 bp | 12.5 bp −$12 | 16.5 bp −$165 | 64.3 bp −$6,428 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2158 | +0.042% | $2K | $240K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2157 | −0.019% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0098% | 1h | 0.2155 | −0.120% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2159 | +0.072% | $579K | $752K | 75x | as long as short |
| Binance XLMUSDTlong | +0.0100% | 8h | 0.2157 | long leg | $55.7M | $150.9M | 75x | |
| Bybit XLMUSDTshort | +0.0100% | 8h | 0.2156 | −0.046% | $43.8M | $44.0M | 75x | |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2156 | −0.065% | $13.0M | $41.7M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2156 | −0.060% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2157 | +0.005% | $25.1M | $26.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2157 | −0.009% | $14.5M | $10.4M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2156 | −0.065% | $25.6M | $19.3M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2156 | −0.037% | — | $7.0M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2157 | −0.009% | $90K | $270K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2156 | −0.039% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2154 | −0.123% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2160 | +0.123% | $597K | $613K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2154 | −0.139% | $173K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2157 | −0.005% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2157 | −0.023% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2157 | −0.028% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2159 | +0.074% | $199K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2157 | −0.009% | $9.0M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2156 | −0.071% | $193K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2156 | −0.037% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2161 | +0.162% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2157 | +0.001% | $45K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0413% | 1h | 0.2156 | −0.032% | $2.6M | $2.6M | 50x | as long as short |
| Hyperliquid XLM | +0.0414% | 1h | 0.2158 | +0.042% | $12.3M | $6.1M | 5x | as long as short |
| Lighter XLM | +0.0440% | 1h | 0.2158 | +0.046% | $404K | $827K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2156 | −0.056% | $231K | $1.5M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0677% | 1h | 0.2159 | +0.074% | $536K | $159K | 25x | as long as short |
Binance XLMUSDT
Bybit XLMUSDT
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Hyperliquid XLM
Lighter XLM
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL