Funding you earn now, next payment 01:00 UTC−0.0340%/8h= −37.2% APRpaid last 24h −0.096%
Price spread now: Orderly against Coinbase International−0.127%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Orderly is 0.127% cheaper against Coinbase International than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XLM-PERP-INTX | 0.2134 | 0.0440 | pay 0.0055% / 1h | 23m 25s | $233K | $1.5M | 50x |
| Short | Orderly PERP_XLM_USDC_mythos | 0.2131 | 0.0100 | get 0.0050% / 4h | 2h 23m | $3K | $2K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly against Coinbase International. 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
- −$71.4
- Price spread: −0.127% → 0.000%
- −$12.65
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$100.05
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Orderly: 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 Coinbase International live order book, 5 min ago | 2.35 bp | 13.3 bp −$13 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 30 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 | 0.2130 | −0.171% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.408% | $683 | $241K | 12x | as long as short |
| dYdX XLM-USD | +0.0069% | 1h | 0.2131 | −0.105% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2134 | −0.005% | $360K | $906K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2132 | −0.094% | $54.1M | $154.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2130 | −0.150% | $42.9M | $46.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2131 | −0.131% | $12.7M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2131 | −0.117% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2131 | −0.108% | $23.9M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2131 | −0.122% | $14.1M | $10.0M | 75x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2131 | −0.108% | $25.5M | $20.7M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.145% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2132 | −0.089% | $89K | $262K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2132 | −0.073% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2129 | −0.217% | $11K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2131 | −0.128% | $596K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2133 | −0.023% | $171K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythosshort | +0.0100% | 4h | 0.2131 | −0.127% | $3K | $2K | 10x | |
| SunX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.244% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2131 | −0.127% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.164% | $197K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2130 | −0.150% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2131 | −0.144% | $191K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0131% | 8h | 0.2131 | −0.112% | $570K | $621K | 75x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2134 | +0.023% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0253% | 1h | 0.2133 | −0.028% | $12.3M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0380% | 1h | 0.2131 | −0.111% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0440% | 1h | 0.2134 | long leg | $233K | $1.5M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2130 | −0.180% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0830% | 1h | 0.2132 | −0.056% | $529K | $149K | 25x | as long as short |
Coinbase International XLM-PERP-INTX
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL