Funding you earn now, next payment 06:00 UTC+0.0128%/8h= +14.0% APRpaid last 24h +0.023%
Price spread now: GMX against Binance−0.289%50s7-day average — · 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)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. GMX is 0.289% cheaper against Binance than usual: you would sell low and buy high (spread −0.289% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$29 on $10k: about 7.5 days of funding at the current rate (+$4 a day). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLMUSDT | 0.2119 | 0.0100 | pay 0.0100% / 8h | 2h 14m | $54.3M | $162.1M | 75x |
| Short | GMX XLM/USD [WBTC.b-USDC] | 0.2113 | L +0.0516% / S −0.0228% | get 0.0029% / 1h | 14m 31s | $40K | — | 100x |
Binance XLMUSDT
GMX XLM/USD [WBTC.b-USDC]Funding history
latest
Range statsloading…
Price spread between the two exchanges
GMX against Binance. 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
- $26.9
- Price spread: −0.289% → 0.000%
- −$28.92
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$24.02
- Costs to cover
- 0.220%
- Break-even
- 13.3 days
Slippage unknown: Binance: live order book, 14 min ago; GMX: 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 Binance live order book, 14 min ago | 0.24 bp | 8.9 bp −$9 | 15.1 bp −$151 | 32.4 bp −$3,238 | doesn't fit |
| Sell GMX no order-book sample | — | — | — | — | — |
GMX: 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 | 0.2112 | −0.294% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.297% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2119 | +0.010% | $355K | $994K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2117 | −0.104% | $561K | $634K | 75x | as long as short |
| Binance XLMUSDTlong | +0.0100% | 8h | 0.2119 | long leg | $54.3M | $162.1M | 75x | |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2117 | −0.071% | $42.9M | $47.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2118 | −0.023% | $12.2M | $44.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2116 | −0.108% | $3.9M | $7.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2117 | −0.080% | $24.2M | $28.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2117 | −0.066% | $13.8M | $9.4M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster 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 | 0.2118 | −0.047% | $25.4M | $22.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2117 | −0.057% | — | $7.4M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2115 | −0.151% | $131K | $315K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2111 | −0.356% | $252K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2114 | −0.207% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2114 | −0.204% | $586K | $603K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2114 | −0.226% | $169K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2114 | −0.222% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2112 | −0.335% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2114 | −0.217% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2114 | −0.226% | $195K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2113 | −0.250% | $8.8M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2118 | −0.050% | $189K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0143% | 1h | 0.2115 | −0.176% | $2.5M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0174% | 1h | 0.2120 | +0.052% | $12.1M | $6.6M | 5x | as long as short |
| dYdX XLM-USD | +0.0203% | 1h | 0.2115 | −0.177% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2114 | −0.231% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2114 | −0.236% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2115 | −0.170% | $226K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]short | L +0.0516% / S −0.0228% | 1h | 0.2113 | −0.289% | $40K | — | 100x | |
| Deribit XLM_USDC-PERPETUAL | +0.1028% | 1h | 0.2116 | −0.146% | $524K | $163K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
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
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL