Funding you earn now, next payment 05:00 UTC+0.0908%/8h= +99.4% APRpaid last 24h +0.141%
Price spread now: Deribit against KuCoin+0.070%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$540.541% of the position
Funding, last 7 days+0.190%+$19 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.070%, 7d avg +0.059%
=The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: +$27 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.190% in total (about 9.9% 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 | KuCoin XLMUSDTM | 0.2148 | 0.0100 | pay 0.0100% / 8h | 3h 43m | $14.1M | $9.5M | 75x |
| Short | Deribit XLM_USDC-PERPETUAL | 0.2150 | 0.1008 | get 0.0126% / 1h | 43m 00s | $533K | $154K | 25x |
KuCoin XLMUSDTM
Deribit XLM_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $190.68
- Price spread: +0.070% → +0.059%
- $1.09
- Slippage, 4 orders
- −$35.08
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $137.69
- Costs to cover
- 0.541%
- Break-even
- 1.9 days
Slippage from KuCoin: live order book, 6 min ago; Deribit: live order book, 11 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, 6 min ago | 2.56 bp | 22.6 bp −$23 | 40.0 bp −$400 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 11 min ago | 5.12 bp | 8.6 bp −$9 | 18.1 bp −$181 | 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 | 0.2147 | −0.040% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −1.071% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2151 | +0.126% | $378K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2148 | −0.004% | $571K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2145 | −0.135% | $55.0M | $157.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2144 | −0.168% | $43.4M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2145 | −0.163% | $12.6M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2148 | −0.014% | $4.0M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2148 | +0.009% | $24.1M | $27.0M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2148 | 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 | 0.2145 | −0.144% | $26.0M | $21.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2146 | −0.093% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2142 | −0.274% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2144 | −0.197% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2148 | −0.023% | $602K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2145 | −0.149% | $172K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2148 | 0.000% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2145 | −0.149% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2148 | −0.014% | $585 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2148 | −0.014% | $198K | $254K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2147 | −0.033% | $9.1M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2144 | −0.171% | $191K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2148 | −0.023% | $2.6M | $2.7M | 50x | as long as short |
| dYdX XLM-USD | +0.0203% | 1h | 0.2147 | −0.058% | $23K | $2K | 10x | as long as short |
| Hyperliquid XLM | +0.0210% | 1h | 0.2149 | +0.056% | $12.4M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2150 | +0.116% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2148 | −0.005% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2151 | +0.130% | $250K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0521% / S −0.0247% | 1h | 0.2147 | −0.057% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0690% | 1h | 0.2149 | +0.023% | $128K | $293K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUALshort | +0.1008% | 1h | 0.2150 | +0.070% | $533K | $154K | 25x |
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
dYdX XLM-USD
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP