Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against Binance+0.009%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$510.512% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 3 days (all we have)−0.045%−$5 · spread now +0.009%, 7d avg 0.000%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance XLMUSDT | 0.2161 | 0.0100 | pay 0.0100% / 8h | 1h 28m | $56.1M | $151.0M | 75x |
| Short | Phemex XLMUSDT | 0.2161 | 0.0100 | get 0.0100% / 8h | 1h 28m | $9.1M | $9.1M | 50x |
Binance XLMUSDT
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.009% → 0.000%
- $0.9
- Slippage, 4 orders
- −$29.23
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$50.33
- Costs to cover
- 0.512%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; Phemex: live order book, 6 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 Binance live order book, 15 min ago | 0.23 bp | 9.2 bp −$9 | 16.6 bp −$166 | 38.2 bp −$3,823 | doesn't fit |
| Sell Phemex live order book, 6 min ago | 9.45 bp | 18.0 bp −$18 | 26.0 bp −$260 | 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 | 0.2162 | +0.042% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0013% | 1h | 0.2164 | +0.135% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2163 | +0.116% | $586K | $804K | 75x | as long as short |
| Binance XLMUSDTlong | +0.0100% | 8h | 0.2161 | long leg | $56.1M | $151.0M | 75x | |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2159 | −0.060% | $43.9M | $43.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2159 | −0.093% | $13.1M | $42.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2165 | +0.180% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2160 | −0.009% | $26.1M | $26.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2160 | −0.028% | $14.5M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2159 | −0.074% | $25.8M | $19.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2162 | +0.060% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2160 | −0.022% | $297K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2169 | +0.362% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2158 | −0.138% | $598K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2166 | +0.231% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2162 | +0.060% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2148 | −0.588% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2160 | −0.009% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2161 | 0.000% | $199K | $273K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2161 | +0.009% | $9.1M | $9.1M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2161 | +0.010% | $193K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0188% | 1h | 0.2163 | +0.116% | $102K | $261K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2161 | +0.028% | $2.4M | $6.0M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2162 | +0.042% | $5K | $41K | 5x | as long as short |
| Hyperliquid XLM | +0.0306% | 1h | 0.2166 | +0.259% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2161 | +0.017% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2164 | +0.139% | $233K | $1.5M | 50x | as long as short |
| Lighter XLM | +0.0464% | 1h | 0.2164 | +0.167% | $418K | $812K | 5x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2033 | −5.910% | $5K | $238K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0506% | 1h | 0.2161 | +0.020% | $2.6M | $2.7M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0537% | 1h | 0.2163 | +0.106% | $537K | $176K | 25x | as long as short |
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Lighter XLM
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL