Funding you earn now, next payment 05:00 UTC−0.0356%/8h= −39.0% APRpaid last 24h −0.094%
Price spread now: SunX against Coinbase International−0.099%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$170as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1531.529% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.234%+$23 · spread now −0.099%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and SunX is 0.058% cheaper against Coinbase International than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.169% in total (about -8.8% 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 | Coinbase International XLM-PERP-INTX | 0.2131 | 0.0456 | pay 0.0057% / 1h | 5m 24s | $223K | $1.7M | 50x |
| Short | SunX XLM-USDT | 0.2129 | 0.0100 | get 0.0100% / 8h | 2h 05m | $2K | $1.7M | 20x |
Coinbase International XLM-PERP-INTX
SunX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$74.76
- Price spread: −0.099% → −0.040%
- −$5.84
- Slippage, 4 orders
- −$134.88
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$233.48
- Costs to cover
- 1.529%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 3 min ago; SunX: live order book, 10 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, 3 min ago | 3.99 bp | 14.5 bp −$14 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 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 | 0.2128 | −0.107% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.268% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2133 | +0.108% | $357K | $997K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2130 | −0.041% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2130 | −0.038% | $54.7M | $162.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2129 | −0.099% | $43.1M | $47.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2129 | −0.084% | $12.3M | $44.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2130 | −0.028% | $4.0M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2130 | −0.052% | $24.7M | $28.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2129 | −0.066% | $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 | 0.2129 | −0.099% | $25.6M | $23.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.061% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2130 | −0.027% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2131 | +0.021% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | −0.047% | $590K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2130 | −0.009% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2131 | +0.014% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTshort | +0.0100% | 8h | 0.2129 | −0.099% | $2K | $1.7M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2132 | +0.052% | $581 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | +0.084% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | +0.056% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2130 | −0.024% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0142% | 1h | 0.2132 | +0.074% | $2.6M | $2.7M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0157% | 1h | 0.2132 | +0.080% | $132K | $315K | 20x | as long as short |
| Hyperliquid XLM | +0.0201% | 1h | 0.2131 | +0.003% | $12.1M | $6.6M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2132 | +0.038% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2130 | −0.009% | $4K | $49K | 5x | as long as short |
| dYdX XLM-USD | +0.0237% | 1h | 0.2130 | −0.035% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0456% | 1h | 0.2131 | long leg | $223K | $1.7M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2128 | −0.122% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0970% | 1h | 0.2133 | +0.122% | $529K | $167K | 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
Extended XLM-USD
Kraken Futures PF_XLMUSD
Backpack XLM_USDC_PERP
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL