Funding you earn now, next payment 08:00 UTC+0.0228%/8h= +25.0% APRpaid last 24h +0.091%
Price spread now: Coinbase International against KuCoin+0.194%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$550.548% of the position
Funding, last 7 days+0.239%+$24 on $10k
+Price spread, last 4 days (all we have)−0.235%−$24 · spread now +0.194%, 7d avg +0.073%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Coinbase International is 0.121% dearer against KuCoin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.073%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin XLMUSDTM | 0.2113 | 0.0100 | pay 0.0100% / 8h | 7h 36m | $13.9M | $9.1M | 75x |
| Short | Coinbase International XLM-PERP-INTX | 0.2117 | 0.0328 | get 0.0041% / 1h | 36m 29s | $215K | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $47.88
- Price spread: +0.194% → +0.073%
- $12.07
- Slippage, 4 orders
- −$32.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $5.2
- Costs to cover
- 0.548%
- Break-even
- 6.2 days
Slippage from KuCoin: live order book, 2 min ago; Coinbase International: 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 | 1.65 bp | 16.8 bp −$17 | 31.4 bp −$314 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 2.60 bp | 10.0 bp −$10 | 15.3 bp −$153 | 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 | 0.2116 | +0.141% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.577% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2116 | +0.151% | $365K | $917K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2115 | +0.090% | $560K | $583K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2114 | +0.038% | $55.0M | $160.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2112 | −0.038% | $43.6M | $46.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2113 | −0.005% | $12.1M | $44.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2112 | −0.019% | $3.9M | $7.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2114 | +0.038% | $24.5M | $28.9M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2113 | long leg | $13.9M | $9.1M | 75x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2112 | −0.024% | $25.5M | $23.0M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2113 | 0.000% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2116 | +0.170% | $129K | $344K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2112 | −0.031% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2114 | +0.073% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2113 | +0.033% | $589K | $551K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2113 | +0.028% | $169K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2117 | +0.199% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2115 | +0.090% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2116 | +0.142% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2117 | +0.204% | $195K | $218K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2116 | +0.170% | $8.7M | $8.8M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2113 | −0.007% | $188K | $925K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2117 | +0.194% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2117 | +0.185% | $4K | $56K | 5x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0328% | 1h | 0.2117 | +0.194% | $215K | $1.6M | 50x | |
| Kraken Futures PF_XLMUSD | +0.0341% | 1h | 0.2116 | +0.162% | $2.5M | $2.6M | 50x | as long as short |
| Hyperliquid XLM | +0.0462% | 1h | 0.2116 | +0.142% | $12.1M | $6.3M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0247% | 1h | 0.2116 | +0.147% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0790% | 1h | 0.2118 | +0.241% | $525K | $148K | 25x | as long as short |
| dYdX XLM-USD | +0.0917% | 1h | 0.2113 | −0.010% | $23K | $2K | 10x | as long as short |
KuCoin XLMUSDTM
Coinbase International XLM-PERP-INTX
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
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL