Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: SoDEX against Backpack−0.085%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SoDEX is 0.085% cheaper against Backpack than usual: you would sell low and buy high, −$8 on $10k if it 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 | 0.2127 | 0.0100 | pay 0.0013% / 1h | 56m 59s | $130K | $344K | 20x |
| Short | SoDEX XLM-USD | 0.2125 | 0.0100 | get 0.0013% / 1h | 56m 59s | $579 | $6K | 5x |
Backpack XLM_USDC_PERP
SoDEX XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- $0
- Price spread: −0.085% → 0.000%
- −$8.46
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$26.46
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 42 min ago; SoDEX: 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, 42 min ago | 1.42 bp | 8.4 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | 0.2124 | −0.118% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.094% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2128 | +0.066% | $367K | $916K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2125 | −0.115% | $563K | $583K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2126 | −0.029% | $55.0M | $159.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2125 | −0.094% | $43.4M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2126 | −0.061% | $12.1M | $45.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2125 | −0.071% | $3.9M | $7.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2126 | −0.038% | $24.5M | $28.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2125 | −0.085% | $14.0M | $9.2M | 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 | 0.2125 | −0.113% | $25.6M | $22.9M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2125 | −0.071% | — | $7.4M | — | as long as short |
| Backpack XLM_USDC_PERPlong | +0.0100% | 1h | 0.2127 | long leg | $130K | $344K | 20x | |
| Variational Omni XLM | +0.0100% | 8h | 0.2119 | −0.366% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2119 | −0.354% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2122 | −0.251% | $591K | $551K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2118 | −0.404% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2126 | −0.047% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.183% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USDshort | +0.0100% | 1h | 0.2125 | −0.085% | $579 | $6K | 5x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.155% | $196K | $213K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2126 | −0.056% | $8.7M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2126 | −0.059% | $189K | $1.1M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2127 | −0.024% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2122 | −0.221% | $4K | $56K | 5x | as long as short |
| dYdX XLM-USD | +0.0306% | 1h | 0.2123 | −0.203% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2123 | −0.197% | $219K | $1.6M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0339% | 1h | 0.2126 | −0.048% | $2.6M | $2.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2125 | −0.099% | $39K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0535% | 1h | 0.2128 | +0.052% | $12.2M | $6.4M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0973% | 1h | 0.2128 | +0.042% | $528K | $156K | 25x | as long as short |
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
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL