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 BingX+0.144%7-day average +0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$700.701% of the position
Funding, last 7 days−0.087%−$9 on $10k
+Price spread, last 3 days (all we have)−0.166%−$17 · spread now +0.144%, 7d avg +0.016%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.128% dearer against BingX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.016%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX XLM-USDC | 0.2155 | 0.0100 | pay 0.0100% / 8h | 1h 30m | — | $6.7M | — |
| Short | Phemex XLMUSDT | 0.2158 | 0.0100 | get 0.0100% / 8h | 1h 30m | $9.1M | $9.1M | 50x |
BingX XLM-USDC
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against BingX. 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: +0.144% → +0.016%
- $12.77
- Slippage, 4 orders
- −$48.07
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$57.3
- Costs to cover
- 0.701%
- Break-even
- never at this rate
Slippage from BingX: live order book, 7 min ago; Phemex: live order book, 3 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 BingX live order book, 7 min ago | 1.15 bp | 14.5 bp −$14 | 94.4 bp −$944 | 862.2 bp −$86.2K | 1109.7 bp −$554.8K |
| Sell Phemex live order book, 3 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit XLM_USDC-PERPETUAL | 0.0000% | 1h | 0.2159 | +0.181% | $536K | $176K | 25x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2160 | +0.212% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0011% | 1h | 0.2163 | +0.353% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2158 | +0.133% | $587K | $804K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2155 | +0.009% | $56.1M | $150.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2155 | −0.005% | $43.7M | $43.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2153 | −0.111% | $13.0M | $42.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2155 | +0.005% | $4.1M | $6.1M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2157 | +0.070% | $26.0M | $26.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2156 | +0.051% | $14.5M | $10.6M | 75x | as long as short |
Deribit XLM_USDC-PERPETUAL
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
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 | 0.2156 | +0.051% | $25.8M | $19.1M | 75x | as long as short |
| BingX XLM-USDClong | +0.0100% | 8h | 0.2155 | long leg | — | $6.7M | — | |
| Variational Omni XLM | +0.0100% | 8h | 0.2176 | +0.981% | $299K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2169 | +0.623% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2170 | +0.677% | $601K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2166 | +0.492% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2158 | +0.135% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2148 | −0.311% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2158 | +0.158% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2162 | +0.329% | $200K | $272K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2158 | +0.144% | $9.1M | $9.1M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2156 | +0.034% | $193K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0218% | 1h | 0.2157 | +0.102% | $102K | $261K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2159 | +0.181% | $2.4M | $6.0M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2175 | +0.909% | $5K | $41K | 5x | as long as short |
| Hyperliquid XLM | +0.0292% | 1h | 0.2159 | +0.184% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2159 | +0.189% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2163 | +0.390% | $233K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2033 | −5.666% | $5K | $238K | 12x | as long as short |
| Lighter XLM | +0.0504% | 1h | 0.2160 | +0.237% | $418K | $812K | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0506% | 1h | 0.2159 | +0.168% | $2.6M | $2.7M | 50x | as long as short |
Bitget XLMUSDT
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
Injective XLM/USDC PERP
Lighter XLM
Kraken Futures PF_XLMUSD