Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Variational Omni against Backpack−0.538%7-day average −0.046% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.013%+$1 on $10k
+Price spread, last 3 days (all we have)+0.530%+$53 · spread now −0.538%, 7d avg −0.046%
=Together, before fees+0.543%+ Points / potential airdropVariational Omni: Active · farm board+$54 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: Variational Omni is 0.491% cheaper against Backpack than usual: you would sell low and buy high, −$49 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Backpack XLM_USDC_PERP | 0.2163 | 0.0100 | pay 0.0013% / 1h | 42m 42s | $88K | $270K | 20x |
| Short | Variational Omni XLM | 0.2151 | 0.0100 | get 0.0100% / 8h | 7h 42m | $283K | $1.3M | — |
Backpack XLM_USDC_PERP
Variational Omni XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: −0.538% → −0.046%
- −$49.15
- Slippage, 4 orders
- no order book: not counted
- Fee Backpack: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$59.15
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Backpack: live order book, 31 min ago; Variational Omni: RFQ quote, 1 min ago. 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, 31 min ago | 0.23 bp | 6.2 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 1 min ago | 6.97 bp | doesn't fit | 16.3 bp −$163 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.268% | $736 | $241K | 12x | as long as short |
| Deribit XLM_USDC-PERPETUAL | 0.0000% | 1h | 0.2162 | −0.060% | $536K | $162K | 25x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2160 | −0.107% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0049% | 1h | 0.2162 | −0.031% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2165 | +0.102% | $399K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2164 | +0.037% | $55.8M | $151.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2163 | 0.000% | $44.1M | $44.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2163 | 0.000% | $13.1M | $41.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2162 | −0.046% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2163 | +0.023% | $25.1M | $26.3M | 300x | as long as short |
Injective XLM/USDC PERP
Deribit XLM_USDC-PERPETUAL
gTrade (Gains Network) XLM/USD
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 | 0.2163 | 0.000% | $14.4M | $10.3M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2163 | 0.000% | $25.7M | $19.6M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2163 | −0.005% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERPlong | +0.0100% | 1h | 0.2163 | long leg | $88K | $270K | 20x | |
| Variational Omni XLMshort | +0.0100% | 8h | 0.2151 | −0.538% | $283K | $1.3M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2153 | −0.458% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2156 | −0.329% | $596K | $604K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2153 | −0.444% | $173K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2161 | −0.083% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2150 | −0.578% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2162 | −0.023% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2158 | −0.222% | $199K | $257K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2161 | −0.102% | $9.0M | $9.1M | 50x | as long as short |
| Aster XLMUSDT | +0.0101% | 8h | 0.2165 | +0.095% | $581K | $688K | 75x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2163 | +0.019% | $196K | $1.6M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0183% | 1h | 0.2162 | −0.036% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2161 | −0.074% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2154 | −0.402% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2160 | −0.119% | $45K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0439% | 1h | 0.2165 | +0.111% | $12.5M | $6.2M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2156 | −0.324% | $230K | $1.5M | 50x | as long as short |
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
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
Aster XLMUSDT
Extended XLM-USD
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Coinbase International XLM-PERP-INTX