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 SunX−0.057%55s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as 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−$1441.442% of the position
Funding, last 7 days+0.194%+$19 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.057%, 7d avg −0.016%
=Funding pays, the price is against you. BloFin is 0.041% cheaper against SunX than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.016%). If the spread goes back, that is −$4 on $10k: about 27 hours of funding at the current rate (+$4 a day). The two prices were read 55 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 | SunX XLM-USDT | 0.2115 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $2K | $1.6M | 20x |
| Short | BloFin XLM-USDT | 0.2114 | 0.0220 | get 0.0220% / 8h | 1h 28m | $2.3M | $5.5M | 75x |
SunX XLM-USDT
BloFin XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against SunX. 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: −0.057% → −0.016%
- −$4.08
- Slippage, 4 orders
- −$124.2
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$123.08
- Costs to cover
- 1.442%
- Break-even
- 41.2 days
Slippage from SunX: live order book, 7 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 SunX live order book, 7 min ago | 29.53 bp | 47.8 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.24 bp | 10.3 bp −$10 | 13.3 bp −$133 | 26.5 bp −$2,654 | 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 | 0.2115 | −0.032% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.463% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2119 | +0.161% | $359K | $938K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2116 | +0.017% | $561K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2117 | +0.085% | $54.3M | $162.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2115 | +0.005% | $42.9M | $47.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2117 | +0.071% | $12.2M | $44.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2113 | −0.123% | $3.9M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | +0.076% | $25.0M | $28.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2116 | +0.043% | $14.0M | $9.4M | 75x | as long as short |
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
KuCoin XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2116 | +0.033% | $25.4M | $23.0M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2115 | +0.009% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2113 | −0.098% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2114 | −0.037% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2114 | −0.066% | $593K | $593K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2116 | +0.028% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2116 | +0.038% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTlong | +0.0100% | 8h | 0.2115 | long leg | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2117 | +0.066% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.071% | $195K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2117 | +0.090% | $8.7M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2116 | +0.019% | $188K | $1.6M | 10x | as long as short |
| Hyperliquid XLM | +0.0158% | 1h | 0.2114 | −0.033% | $12.0M | $6.5M | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0162% | 1h | 0.2113 | −0.085% | $110K | $339K | 20x | as long as short |
| BloFin XLM-USDTshort | +0.0220% | 8h | 0.2114 | −0.057% | $2.3M | $5.5M | 75x | |
| Phoenix XLM | +0.0263% | 1h | 0.2113 | −0.090% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0267% | 1h | 0.2112 | −0.135% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0333% | 1h | 0.2117 | +0.105% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2116 | +0.024% | $221K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0247% | 1h | 0.2116 | +0.021% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0932% | 1h | 0.2118 | +0.118% | $525K | $168K | 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
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Hyperliquid XLM
Backpack XLM_USDC_PERP
Phoenix XLM
dYdX XLM-USD
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL