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: SunX against BloFin−0.240%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$165as in the Price arb table
costs, in and out, $10k−$1391.388% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)+0.364%+$36 · spread now −0.240%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SunX is 0.257% cheaper against BloFin than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin XLM-USDT | 0.2126 | 0.0220 | pay 0.0220% / 8h | 2h 10m | $2.3M | $5.6M | 75x |
| Short | SunX XLM-USDT | 0.2121 | 0.0100 | get 0.0100% / 8h | 2h 10m | $2K | $1.7M | 20x |
BloFin XLM-USDT
SunX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BloFin. 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: −0.240% → +0.018%
- −$25.74
- Slippage, 4 orders
- −$118.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$189.74
- Costs to cover
- 1.388%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; SunX: live order book, 5 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 BloFin live order book, 3 min ago | 0.24 bp | 7.6 bp −$8 | 10.6 bp −$106 | 24.3 bp −$2,425 | doesn't fit |
| Sell SunX live order book, 5 min ago | 29.49 bp | 76.9 bp −$77 | doesn't fit | 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 | 0.2123 | −0.122% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.042% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2128 | +0.080% | $356K | $996K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2126 | −0.004% | $563K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2128 | +0.113% | $54.6M | $162.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2126 | 0.000% | $43.0M | $47.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2127 | +0.052% | $12.3M | $44.5M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2126 | +0.014% | $4.0M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2127 | +0.075% | $24.4M | $28.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2126 | −0.005% | $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
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 | 0.2126 | +0.019% | $25.5M | $22.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2126 | +0.019% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2123 | −0.130% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2120 | −0.267% | $12K | $306K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2115 | −0.493% | $586K | $603K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2120 | −0.259% | $170K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2125 | −0.042% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTshort | +0.0100% | 8h | 0.2121 | −0.240% | $2K | $1.7M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2126 | −0.014% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2121 | −0.240% | $195K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2125 | −0.052% | $8.8M | $9.0M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0103% | 1h | 0.2127 | +0.033% | $131K | $315K | 20x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2127 | +0.052% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0142% | 1h | 0.2126 | −0.004% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0194% | 1h | 0.2127 | +0.075% | $12.1M | $6.6M | 5x | as long as short |
| dYdX XLM-USD | +0.0218% | 1h | 0.2125 | −0.022% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDTlong | +0.0220% | 8h | 0.2126 | long leg | $2.3M | $5.6M | 75x | |
| Phoenix XLM | +0.0226% | 1h | 0.2115 | −0.494% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2125 | −0.052% | $223K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0228% | 1h | 0.2123 | −0.153% | $41K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1351% | 1h | 0.2127 | +0.066% | $527K | $164K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
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
Backpack XLM_USDC_PERP
Extended XLM-USD
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL