XLM funding rates and arbitrage
Updated 2026-11-11 22:52 UTC
Best XLM arbitrage after every cost
No XLM pair nets a profit at this size right now.
At $10,000 per side, held 7 days, after taker fees, order-book slippage and carry.
XLM funding rate on every exchange
| Exchange | Contract | Rate | Every | Annualised | Settled 7d, annualised | Open interest | Next settlement |
|---|---|---|---|---|---|---|---|
| Bitfinex | tXLMF0:USTF0 | 0.0200% | 8 h | +21.9% | — | $56.3K | 2026-11-12 00:00 |
| Extended | XLM-USD | 0.0013% | 1 h | +11.4% | +11.4% | $360.6K | 2026-11-11 23:00 |
| Backpack | XLM_USDC_PERP | 0.0013% | 1 h | +10.9% | −7.6% | $107.4K | 2026-11-11 23:00 |
| ApeX | XLM-USDT | 0.0013% | 1 h | +10.9% | +8.9% | $119.1K | 2026-11-11 23:00 |
| HTX | XLM-USDT | 0.0100% | 8 h | +10.9% | +11.0% | $97.2K | 2026-11-12 00:00 |
| PopDEX | XLMUSDT | 0.0013% | 1 h | +10.9% | +11.0% | — | 2026-11-11 23:00 |
| Lighter | XLM | 0.0012% | 1 h | +10.5% | +7.3% | $140.3K | 2026-11-11 23:00 |
| Variational | XLM-PERP | 0.0094% | 8 h | +10.3% | +10.3% | $401.1K | 2026-11-12 00:00 |
| Hyperliquid | XLM | 0.0011% | 1 h | +9.3% | +7.5% | $8M | 2026-11-11 23:00 |
| Coinbase Derivatives | XLP-20DEC30-CDE | 0.0006% | 1 h | +5.3% | — | $3.6M | 2026-11-11 23:00 |
| Bitunix | XLMUSDT | 0.0034% | 8 h | +3.8% | +7.3% | — | 2026-11-12 00:00 |
| Phemex | XLMUSDT | 0.0025% | 8 h | +2.8% | — | $6.3M | 2026-11-12 00:00 |
| Aster | XLMUSDT | 0.0024% | 8 h | +2.7% | +7.5% | $759.9K | 2026-11-12 00:00 |
| BingX | XLM-USDT | 0.0004% | 8 h | +0.4% | +3.8% | $2M | 2026-11-12 00:00 |
| Kraken | PF_XLMUSD | 0.0000% | 1 h | +0.2% | +8.7% | $3.5M | 2026-11-11 23:00 |
| dYdX | XLM-USD | 0.0000% | 1 h | 0.0% | +0.1% | $30.4K | 2026-11-11 23:00 |
| GRVT | XLM_USDT_Perp | -0.0001% | 8 h | −0.1% | +6.3% | $408.5K | 2026-11-12 00:00 |
| Bybit | XLMUSDT | -0.0003% | 8 h | −0.4% | −1.0% | $27.8M | 2026-11-12 00:00 |
| Bitget | XLMUSDT | -0.0028% | 8 h | −3.1% | −0.8% | $17.4M | 2026-11-12 00:00 |
| BloFin | XLM-USDT | -0.0032% | 8 h | −3.5% | +7.6% | $1.5M | 2026-11-12 00:00 |
| TXFlow | XLM-USDC | -0.0004% | 1 h | −3.8% | — | $139.6K | 2026-11-11 23:00 |
| WhiteBIT | XLM_PERP | -0.0045% | 8 h | −4.9% | +10.0% | $7.6M | 2026-11-12 00:00 |
| MEXC | XLM_USDT | -0.0045% | 8 h | −4.9% | −0.6% | $16.4M | 2026-11-12 00:00 |
| LBank | XLMUSDT | -0.0046% | 8 h | −5.0% | −2.2% | — | 2026-11-12 00:00 |
| WOO X | PERP_XLM_USDT | -0.0046% | 8 h | −5.0% | −0.6% | $518 | 2026-11-12 00:00 |
| Binance | XLMUSDT | -0.0046% | 8 h | −5.0% | −0.6% | $30.8M | 2026-11-12 00:00 |
| Phoenix | XLM | -0.0007% | 1 h | −5.9% | −12.9% | — | 2026-11-11 23:00 |
| OKX | XLM-USDT-SWAP | -0.0056% | 8 h | −6.2% | −0.9% | $9.8M | 2026-11-12 00:00 |
| Gate | XLM_USDT | -0.0065% | 8 h | −7.1% | +0.9% | $18.3M | 2026-11-12 00:00 |
| KuCoin | XLMUSDTM | -0.0067% | 8 h | −7.3% | +2.7% | $11.7M | 2026-11-12 00:00 |
| Crypto.com | XLMUSD-PERP | -0.0013% | 1 h | −11.1% | +37.1% | $65.3K | 2026-11-11 23:00 |
Borrow XLM to sell spot
| Exchange | Borrow APR | Per-account limit |
|---|---|---|
| Bitget | 3.19% | — |
| Binance | 5.00% | — |
| Bybit | 5.52% | — |
| OKX | 8.55% | — |
| Gate | 14.28% | $120K |
Cost to enter $10,000 of XLM
| Exchange | Contract | Fee + slippage | Source |
|---|---|---|---|
| MEXC | XLM_USDT | 1.4 bp | order-book snapshot, 11 min old |
| Backpack | XLM_USDC_PERP | 7.7 bp * | order-book snapshot, 58 min old |
| BloFin | XLM-USDT | 9.2 bp | order-book snapshot, 49 min old |
| Phemex | XLMUSDT | 9.6 bp | order-book snapshot, 44 min old |
| Kraken | PF_XLMUSD | 12.1 bp | order-book snapshot, 1 min old |
| ApeX | XLM-USDT | 13.3 bp * | order-book snapshot, 54 min old |
| Gate | XLM_USDT | 14.3 bp | order-book snapshot, 15 min old |
| WhiteBIT | XLM_PERP | 14.5 bp | order-book snapshot, 41 min old |
| dYdX | XLM-USD | 39.1 bp | order-book snapshot, 2 min old |
| Lighter | XLM | 2.7 bp | top of book only |
| Extended | XLM-USD | 4.2 bp | top of book only |
| BingX | XLM-USDT | 5.3 bp | top of book only |
Taker fee plus slippage of a market buy of $10,000 from the mid price, at standard (VIP0) fees. * fee estimated: the exchange publishes no fee schedule without an account.
More on XLM
Questions
Is XLM funding-rate arbitrage profitable right now?
Not at $10,000 per side for 7 days: no XLM pair shows a verified profit after fees and order-book slippage right now. Rates change every hour; the live page re-ranks continuously.
Which exchange has the highest XLM funding rate?
Bitfinex at +21.9% a year (0.0200% every 8 h); the lowest is Crypto.com at −11.1%. A positive rate is paid by longs to shorts, a negative one by shorts to longs.
The method behind every number on AfterFees is published; Pro opens each figure into its line-by-line calculation. Estimates from current data, not investment advice. We never hold funds or trade for you.