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 KuCoin+0.646%95s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as 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−$620.619% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)−0.697%−$70 · spread now +0.646%, 7d avg +0.011%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.635% dearer against KuCoin than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 95 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 | KuCoin XLMUSDTM | 0.2137 | 0.0100 | pay 0.0100% / 8h | 3h 41m | $14.1M | $9.5M | 75x |
| Short | BloFin XLM-USDT | 0.2150 | 0.0220 | get 0.0220% / 8h | 3h 41m | $2.3M | $5.5M | 75x |
KuCoin XLMUSDTM
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against KuCoin. 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: +0.646% → +0.011%
- $63.46
- Slippage, 4 orders
- −$37.87
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $26.79
- Costs to cover
- 0.619%
- Break-even
- from the start
Slippage from KuCoin: live order book, 2 min ago; BloFin: live order book, 2 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 KuCoin live order book, 2 min ago | 2.56 bp | 22.0 bp −$22 | 34.0 bp −$340 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 5.12 bp | 11.9 bp −$12 | 16.5 bp −$165 | 31.3 bp −$3,135 | 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 | 0.2138 | +0.080% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.548% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2141 | +0.187% | $376K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2138 | +0.057% | $568K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2137 | +0.017% | $54.8M | $157.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2136 | −0.033% | $43.2M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2135 | −0.061% | $12.6M | $43.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2136 | −0.019% | $4.0M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2136 | −0.023% | $23.9M | $27.0M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2137 | long leg | $14.1M | $9.5M | 75x |
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_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2135 | −0.061% | $25.8M | $21.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2136 | −0.047% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2142 | +0.254% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2148 | +0.516% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2148 | +0.506% | $602K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2145 | +0.379% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2139 | +0.108% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2136 | −0.023% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2139 | +0.084% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2138 | +0.061% | $197K | $254K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2139 | +0.112% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2135 | −0.065% | $191K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2139 | +0.109% | $2.6M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0200% | 1h | 0.2140 | +0.136% | $12.3M | $6.3M | 5x | as long as short |
| dYdX XLM-USD | +0.0217% | 1h | 0.2137 | −0.003% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2150 | +0.646% | $2.3M | $5.5M | 75x | |
| Phoenix XLM | +0.0225% | 1h | 0.2148 | +0.524% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2147 | +0.491% | $250K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2139 | +0.085% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0663% | 1h | 0.2139 | +0.094% | $128K | $293K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0779% | 1h | 0.2140 | +0.159% | $531K | $154K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL