Funding you earn now, next payment 00:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against OKX+0.009%83s7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3as 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−$360.364% of the position
Funding, last 7 days+0.337%+$34 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now +0.009%, 7d avg +0.040%
=Funding pays, the price is against you. BloFin is 0.031% cheaper against OKX than usual: you would sell low and buy high (spread +0.009% now, against its 7-day average of +0.040%). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$4 a day). The two prices were read 83 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 | OKX XLM-USDT-SWAP | 0.2164 | 0.0100 | pay 0.0100% / 8h | 1h 23m | $13.1M | $42.4M | 50x |
| Short | BloFin XLM-USDT | 0.2165 | 0.0220 | get 0.0220% / 8h | 1h 23m | $2.4M | $6.0M | 75x |
OKX XLM-USDT-SWAP
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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: +0.009% → +0.040%
- −$3.09
- Slippage, 4 orders
- −$14.36
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.25
- Costs to cover
- 0.364%
- Break-even
- 11.0 days
Slippage from OKX: live order book, 5 min ago; BloFin: live order book, 5 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 OKX live order book, 5 min ago | 0.23 bp | 9.2 bp −$9 | 22.6 bp −$226 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.23 bp | 8.7 bp −$9 | 13.1 bp −$131 | 29.9 bp −$2,991 | 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 | 0.2167 | +0.110% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0015% | 1h | 0.2166 | +0.100% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2166 | +0.086% | $587K | $804K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2165 | +0.037% | $56.2M | $151.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2164 | 0.000% | $44.0M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAPlong | +0.0100% | 8h | 0.2164 | long leg | $13.1M | $42.4M | 50x | |
| Gate XLM_USDT | +0.0100% | 8h | 0.2166 | +0.079% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2167 | +0.106% | $26.4M | $26.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | −0.005% | $14.6M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2164 | +0.005% | $25.9M | $19.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2164 | −0.023% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2163 | −0.049% | $297K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2161 | −0.160% | $12K | $298K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2165 | +0.019% | $600K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2164 | −0.014% | $173K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2166 | +0.079% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2163 | −0.037% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2166 | +0.060% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2167 | +0.120% | $200K | $273K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2166 | +0.074% | $9.1M | $9.2M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2167 | +0.104% | $193K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0193% | 1h | 0.2166 | +0.083% | $102K | $261K | 20x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2165 | +0.009% | $2.4M | $6.0M | 75x | |
| Phoenix XLM | +0.0221% | 1h | 0.2162 | −0.125% | $5K | $41K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2167 | +0.111% | $45K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0342% | 1h | 0.2167 | +0.139% | $12.3M | $6.1M | 5x | as long as short |
| Lighter XLM | +0.0424% | 1h | 0.2169 | +0.236% | $419K | $812K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2170 | +0.240% | $234K | $1.6M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2035 | −5.974% | $5K | $238K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0504% | 1h | 0.2167 | +0.112% | $2.6M | $2.7M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0627% | 1h | 0.2167 | +0.148% | $538K | $176K | 25x | as long as short |
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
Backpack XLM_USDC_PERP
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Lighter XLM
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL