Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Aster+0.004%7-day average −0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$480.476% of the position
Funding, last 7 days−0.129%−$13 on $10k
+Price spread, last 4 days (all we have)−0.294%−$29 · spread now +0.004%, 7d avg −0.051%
=Together, before fees−0.424%+ Points / potential airdropAster: Stage 5 · farm board−$42 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.055% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster XLMUSDT | 0.2136 | 0.0100 | pay 0.0100% / 8h | 3h 57m | $568K | $622K | 75x |
| Short | Phemex XLMUSDT | 0.2137 | 0.0100 | get 0.0100% / 8h | 3h 57m | $9.0M | $8.9M | 50x |
Aster XLMUSDT
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Aster. 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
- $0
- Price spread: +0.004% → −0.051%
- $5.47
- Slippage, 4 orders
- −$27.6
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$42.13
- Costs to cover
- 0.476%
- Break-even
- never at this rate
Slippage from Aster: live order book, 61 min ago; Phemex: 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 Aster live order book, 61 min ago | 3.06 bp | 13.5 bp −$14 | 45.0 bp −$450 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 4.68 bp | 11.7 bp −$12 | 18.0 bp −$180 | 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 | 0.2136 | −0.029% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.535% | $683 | $241K | 12x | as long as short |
| dYdX XLM-USD | +0.0090% | 1h | 0.2138 | +0.051% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2138 | +0.074% | $370K | $960K | 5x | as long as short |
| Aster XLMUSDTlong | +0.0100% | 8h | 0.2136 | long leg | $568K | $622K | 75x | |
| Binance XLMUSDT | +0.0100% | 8h | 0.2136 | −0.027% | $54.6M | $155.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2135 | −0.076% | $43.1M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2135 | −0.090% | $12.5M | $42.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2136 | −0.038% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2136 | −0.015% | $23.8M | $26.8M | 300x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
dYdX XLM-USD
Lighter XLM
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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2136 | −0.015% | $14.1M | $9.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2135 | −0.067% | $25.8M | $21.5M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2135 | −0.067% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2134 | −0.107% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2136 | −0.038% | $12K | $304K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2134 | −0.112% | $590K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2136 | −0.038% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2136 | −0.020% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2133 | −0.151% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2136 | −0.034% | $582 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2137 | +0.022% | $197K | $253K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2137 | +0.004% | $9.0M | $8.9M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2135 | −0.052% | $190K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0177% | 1h | 0.2137 | +0.012% | $12.3M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2136 | −0.042% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2137 | +0.008% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2137 | +0.036% | $5K | $46K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0451% | 1h | 0.2136 | −0.029% | $126K | $290K | 20x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2136 | −0.001% | $238K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0247% | 1h | 0.2136 | −0.038% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0874% | 1h | 0.2137 | +0.050% | $530K | $153K | 25x | as long as short |
KuCoin XLMUSDTM
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
Extended XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL