Funding you earn now, next payment 04:00 UTC+0.0135%/8h= +14.8% APRnext payment +$0.17 per $10,000 · paid last 24h −0.009%
Price spread now: dYdX against Backpack+0.101%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and dYdX is 0.101% dearer against Backpack than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XLM_USDC_PERP | 0.2117 | 0.0100 | pay 0.0013% / 1h | 48m 56s | $95K | $274K | 20x |
| Short | dYdX XLM-USD | 0.2120 | 0.0235 | get 0.0029% / 1h | 48m 56s | $23K | $2K | 10x |
Backpack XLM_USDC_PERP
dYdX XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX against Backpack. 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
- $28.35
- Price spread: +0.101% → 0.000%
- $10.1
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- $18.45
- Costs to cover
- 0.200%
- Break-even
- 2.4 days
Slippage unknown: Backpack: live order book, 9 min ago; dYdX: no order-book sample. Net counts fees only.
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 Backpack live order book, 9 min ago | 0.23 bp | 11.0 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 0.2117 | −0.023% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.354% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2120 | +0.118% | $370K | $961K | 5x | as long as short |
| Hyperliquid XLM | +0.0100% | 1h | 0.2119 | +0.080% | $12.2M | $6.2M | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2119 | +0.056% | $563K | $625K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | +0.063% | $54.1M | $154.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2118 | +0.019% | $42.8M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2119 | +0.061% | $12.4M | $42.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2118 | +0.005% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2118 | +0.043% | $23.7M | $26.7M | 300x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Hyperliquid 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 | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2118 | +0.014% | $14.0M | $9.8M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2119 | +0.052% | $25.5M | $21.2M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2118 | +0.024% | — | $7.0M | — | as long as short |
| Backpack XLM_USDC_PERPlong | +0.0100% | 1h | 0.2117 | long leg | $95K | $274K | 20x | |
| Variational Omni XLM | +0.0100% | 8h | 0.2120 | +0.124% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2128 | +0.491% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.486% | $593K | $595K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2121 | +0.156% | $170K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2118 | +0.024% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.080% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2118 | +0.019% | $577 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2119 | +0.066% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2118 | +0.043% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2119 | +0.068% | $189K | $1.8M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2117 | 0.000% | $2.3M | $5.0M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2129 | +0.519% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USDshort | +0.0235% | 1h | 0.2120 | +0.101% | $23K | $2K | 10x | |
| Kraken Futures PF_XLMUSD | +0.0266% | 1h | 0.2118 | +0.014% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0480% | 1h | 0.2120 | +0.104% | $233K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0516% / S −0.0193% | 1h | 0.2117 | −0.025% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0884% | 1h | 0.2119 | +0.090% | $526K | $153K | 25x | as long as short |
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
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
BloFin XLM-USDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL