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: BloFin against Gate−0.074%93s7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.287%+$29 on $10k
+Price spread, last 3 days (all we have)+0.055%+$6 · spread now −0.074%, 7d avg +0.024%
=Funding pays, the price is against you. BloFin is 0.098% cheaper against Gate than usual: you would sell low and buy high (spread −0.074% now, against its 7-day average of +0.024%). If the spread goes back, that is −$10 on $10k: about 2.7 days of funding at the current rate (+$4 a day). The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate XLM_USDT | 0.2168 | 0.0100 | pay 0.0100% / 8h | 7h 25m | $4.1M | $6.3M | 75x |
| Short | BloFin XLM-USDT | 0.2167 | 0.0220 | get 0.0220% / 8h | 7h 25m | $2.3M | $5.4M | 75x |
Gate XLM_USDT
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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: −0.074% → +0.024%
- −$9.79
- Slippage, 4 orders
- −$21.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$32.67
- Costs to cover
- 0.481%
- Break-even
- 16.1 days
Slippage from Gate: live order book, 3 min ago; BloFin: live order book, 3 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 Gate live order book, 3 min ago | 2.54 bp | 11.8 bp −$12 | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 3 min ago | 2.31 bp | 9.8 bp −$10 | 13.9 bp −$139 | 26.0 bp −$2,598 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.512% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2167 | −0.071% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0042% | 1h | 0.2167 | −0.030% | $24K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2171 | +0.120% | $400K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2168 | −0.009% | $56.0M | $151.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2167 | −0.037% | $44.2M | $44.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2167 | −0.055% | $13.2M | $41.5M | 50x | as long as short |
| Gate XLM_USDTlong | +0.0100% | 8h | 0.2168 | long leg | $4.1M | $6.3M | 75x | |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2169 | +0.028% | $25.1M | $26.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2168 | −0.005% | $14.4M | $10.2M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
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 | 0.2167 | −0.060% | $25.8M | $19.6M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2167 | −0.060% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2168 | 0.000% | $89K | $269K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2166 | −0.090% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2164 | −0.186% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2165 | −0.156% | $610K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2164 | −0.189% | $173K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2169 | +0.042% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2165 | −0.166% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2169 | +0.037% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2167 | −0.046% | $200K | $256K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2169 | +0.051% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2167 | −0.070% | $194K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0142% | 8h | 0.2166 | −0.076% | $581K | $660K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0182% | 1h | 0.2169 | +0.043% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2167 | −0.074% | $2.3M | $5.4M | 75x | |
| Phoenix XLM | +0.0223% | 1h | 0.2165 | −0.129% | $5K | $42K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2165 | −0.148% | $229K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0538% | 1h | 0.2171 | +0.125% | $12.5M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0596% / S −0.1111% | 1h | 0.2167 | −0.060% | $174K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0811% | 1h | 0.2170 | +0.092% | $539K | $150K | 25x | as long as short |
Bitget XLMUSDT
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
Aster XLMUSDT
Kraken Futures PF_XLMUSD
Phoenix XLM
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL