Funding you earn now, next payment 10:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.090%
Price spread now: Aster against Coinbase International−0.097%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days−0.194%−$19 on $10k
+Price spread, last 4 days (all we have)+0.398%+$40 · spread now −0.097%, 7d avg −0.018%
=Together, before fees+0.204%+ Points / potential airdropAster: Stage 5 · farm board+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Aster is 0.079% cheaper against Coinbase International than usual: you would sell low and buy high (−$8 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 | Coinbase International XLM-PERP-INTX | 0.2130 | 0.0328 | pay 0.0041% / 1h | 56m 51s | $212K | $1.4M | 50x |
| Short | Aster XLMUSDT | 0.2128 | 0.0100 | get 0.0100% / 8h | 5h 56m | $564K | $473K | 75x |
Coinbase International XLM-PERP-INTX
Aster XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Coinbase International. 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: −0.097% → −0.018%
- −$7.93
- Slippage, 4 orders
- −$38.42
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$112.22
- Costs to cover
- 0.564%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 5 min ago; Aster: live order book, 53 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 Coinbase International live order book, 5 min ago | 5.17 bp | 14.1 bp −$14 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell Aster live order book, 53 min ago | 4.48 bp | 12.1 bp −$12 | 64.4 bp −$644 | 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 | −0.203% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.216% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2128 | −0.080% | $372K | $803K | 5x | as long as short |
| Aster XLMUSDTshort | +0.0100% | 8h | 0.2128 | −0.097% | $564K | $473K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2127 | −0.125% | $55.0M | $146.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2126 | −0.169% | $44.2M | $41.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2127 | −0.141% | $12.3M | $42.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2126 | −0.164% | $4.0M | $6.5M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2127 | −0.141% | $24.6M | $27.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2126 | −0.160% | $13.8M | $8.7M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
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 XLMUSDT | +0.0100% | 8h | 0.2127 | −0.146% | $26.2M | $21.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2126 | −0.155% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2126 | −0.150% | $120K | $305K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2125 | −0.216% | $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 | +0.021% | $595K | $539K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2129 | −0.009% | $171K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2126 | −0.169% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2126 | −0.150% | $2K | $1.4M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2127 | −0.146% | $579 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2126 | −0.155% | $191K | $244K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2126 | −0.160% | $8.7M | $8.6M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2125 | −0.195% | $190K | $609K | 10x | as long as short |
| Phoenix XLM | +0.0150% | 1h | 0.2130 | +0.028% | $4K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2127 | −0.136% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0255% | 1h | 0.2126 | −0.154% | $2.6M | $2.5M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0328% | 1h | 0.2130 | long leg | $212K | $1.4M | 50x | |
| dYdX XLM-USD | +0.0343% | 1h | 0.2125 | −0.199% | $27K | $5K | 10x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0513% / S −0.0245% | 1h | 0.2126 | −0.185% | $39K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0535% | 1h | 0.2129 | −0.019% | $12.5M | $5.6M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0738% | 1h | 0.2128 | −0.080% | $527K | $103K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL