Funding you earn now, next payment 10:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.090%
Price spread now: Coinbase International against Bitget+0.306%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$480.480% of the position
Funding, last 7 days+0.248%+$25 on $10k
+Price spread, last 4 days (all we have)−0.332%−$33 · spread now +0.306%, 7d avg +0.090%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.216% dearer against Bitget than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of +0.090%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget XLMUSDT | 0.2123 | 0.0100 | pay 0.0100% / 8h | 5h 56m | $26.1M | $21.4M | 75x |
| Short | Coinbase International XLM-PERP-INTX | 0.2130 | 0.0328 | get 0.0041% / 1h | 56m 08s | $212K | $1.4M | 50x |
Bitget XLMUSDT
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Bitget. 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
- $47.88
- Price spread: +0.306% → +0.090%
- $21.63
- Slippage, 4 orders
- −$25.99
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $21.51
- Costs to cover
- 0.480%
- Break-even
- 3.9 days
Slippage from Bitget: live order book, 1 min ago; Coinbase International: live order book, just now.
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 Bitget live order book, 1 min ago | 0.47 bp | 10.9 bp −$11 | 17.7 bp −$177 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, just now | 5.18 bp | 13.2 bp −$13 | 19.3 bp −$193 | doesn't fit | doesn't fit |
XLM on 31 exchanges
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 | 0.2125 | +0.102% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.089% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2126 | +0.137% | $372K | $803K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2125 | +0.109% | $563K | $470K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2124 | +0.033% | $55.0M | $146.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2123 | −0.009% | $44.1M | $41.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2123 | 0.000% | $12.3M | $42.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2123 | +0.009% | $4.0M | $6.5M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2124 | +0.038% | $24.5M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2124 | +0.052% | $13.8M | $8.7M | 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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDTlong | +0.0100% | 8h | 0.2123 | long leg | $26.1M | $21.4M | 75x | |
| BingX XLM-USDT | +0.0100% | 8h | 0.2124 | +0.028% | — | $6.8M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2124 | +0.042% | $120K | $304K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2125 | +0.090% | $255K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2126 | +0.153% | $12K | $311K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | +0.327% | $595K | $539K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2129 | +0.297% | $171K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2124 | +0.042% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2126 | +0.141% | $2K | $1.4M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2124 | +0.019% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | +0.052% | $191K | $244K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2124 | +0.047% | $8.7M | $8.6M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2123 | −0.012% | $190K | $609K | 10x | as long as short |
| Phoenix XLM | +0.0150% | 1h | 0.2130 | +0.334% | $4K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2127 | +0.170% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0255% | 1h | 0.2123 | −0.010% | $2.6M | $2.5M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0328% | 1h | 0.2130 | +0.306% | $212K | $1.4M | 50x | |
| dYdX XLM-USD | +0.0343% | 1h | 0.2125 | +0.107% | $27K | $5K | 10x | as long as short |
| Hyperliquid XLM | +0.0483% | 1h | 0.2126 | +0.132% | $12.5M | $5.6M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0512% / S −0.0245% | 1h | 0.2123 | −0.016% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0551% | 1h | 0.2125 | +0.089% | $527K | $103K | 25x | as long as short |
BingX XLM-USDT
Backpack XLM_USDC_PERP
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
Phoenix XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
dYdX XLM-USD
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL