Funding you earn now, next payment 06:00 UTC+0.0637%/8h= +69.8% APRpaid last 24h +0.145%
Price spread now: Deribit against edgeX−0.053%7-day average +0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 4 days (all we have)+0.193%+$19 · spread now −0.053%, 7d avg +0.069%
=Together, before fees+0.325%+ Points / potential airdropedgeX: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Deribit is 0.122% cheaper against edgeX than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of +0.069%). If the spread goes back, that is −$12 on $10k: about 15 hours of funding at the current rate (+$19 a day). At the pace of the last 7 days (+0.132% in total) that is about 6.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.132% in total (about 6.9% 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 | edgeX XLMUSDC | 0.2130 | 0.0100 | pay 0.0050% / 4h | 2h 02m | $12K | $307K | 10x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2129 | 0.0737 | get 0.0092% / 1h | 2m 57s | $528K | $167K | 25x |
edgeX XLMUSDC
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against edgeX. 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
- $133.77
- Price spread: −0.053% → +0.069%
- −$12.2
- Slippage, 4 orders
- −$10.34
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $95.23
- Costs to cover
- 0.263%
- Break-even
- 2.0 days
Slippage from edgeX: live order book, 45 min ago; Deribit: live order book, 46 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 edgeX live order book, 45 min ago | 1.18 bp | 5.9 bp −$6 | 49.4 bp −$494 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 46 min ago | 3.77 bp | 7.3 bp −$7 | 14.8 bp −$148 | 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 | 0.2126 | −0.184% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.245% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2130 | +0.008% | $357K | $997K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2128 | −0.107% | $564K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2129 | −0.065% | $54.7M | $162.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2127 | −0.151% | $43.1M | $47.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2128 | −0.100% | $12.3M | $44.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2128 | −0.114% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2129 | −0.057% | $24.6M | $28.7M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2129 | −0.071% | $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 | 0.2128 | −0.109% | $25.6M | $23.0M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2128 | −0.104% | — | $7.4M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2130 | −0.004% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDClong | +0.0100% | 4h | 0.2130 | long leg | $12K | $307K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | −0.024% | $590K | $602K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2130 | −0.034% | $171K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2128 | −0.104% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2125 | −0.245% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2128 | −0.090% | $580 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.057% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2129 | −0.048% | $8.8M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2128 | −0.105% | $190K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0142% | 1h | 0.2129 | −0.068% | $2.6M | $2.7M | 50x | as long as short |
| Backpack XLM_USDC_PERP | +0.0170% | 1h | 0.2129 | −0.071% | $117K | $322K | 20x | as long as short |
| Hyperliquid XLM | +0.0208% | 1h | 0.2130 | −0.010% | $12.1M | $6.6M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2129 | −0.039% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2130 | −0.015% | $4K | $49K | 5x | as long as short |
| dYdX XLM-USD | +0.0253% | 1h | 0.2127 | −0.130% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2131 | +0.022% | $223K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2126 | −0.199% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.0737% | 1h | 0.2129 | −0.053% | $528K | $167K | 25x |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
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
Kraken Futures PF_XLMUSD
Backpack XLM_USDC_PERP
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]