XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0221%/8h= −24.2% APRnext payment −$0.28 per $10,000 · paid last 24h −0.093%

Price spread now: Phoenix against Coinbase International+0.494%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Coinbase International Short on Phoenix

What this pair did over the last

the charts below follow

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

The price spread pays, funding is against you. Phoenix is 0.494% dearer against Coinbase International than usual: you sell high and buy low (spread +0.494% now, against zero (this spread has no 7-day history yet)): +$49 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 7.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International XLM-PERP-INTX	0.2127	0.0408	pay 0.0051% / 1h	26m 34s	$228K	$1.5M	50x
Short	Phoenix XLM	0.2138	0.0187	get 0.0023% / 1h	26m 34s	$5K	$43K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Coinbase International. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Coinbase InternationalbpFee PhoenixbpOrdersPrice spread, now +0.494%Rate

Funding earned: −$46.5
Price spread: +0.494% → 0.000%: $49.35
Slippage, 4 orders: no order book: not counted
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$14.15
Costs to cover: 0.170%
Break-even: from the start

Slippage unknown: Coinbase International: live order book, 2 min ago; Phoenix: 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, 2 min ago	4.44 bp	13.2 bp −$13	18.7 bp −$187	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

Phoenix: 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
dYdX XLM-USD	0.0000%	1h	0.2142	+0.678%	$23K	$3K	10x	as long as short
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	0.2139	+0.530%	$4K	—	150x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2144	+0.763%	$588K	$793K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2143	+0.749%	$55.3M	$144.9M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2143	+0.714%	$43.6M	$41.1M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2142	+0.700%	$13.0M	$40.5M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2143	+0.719%	$3.9M	$5.9M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2144	+0.794%	$25.1M	$25.2M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2142	+0.691%	$14.3M	$10.3M	75x	as long as short
Bitget XLMUSDT	+0.0100%	8h	0.2143	+0.733%	$25.7M	$17.9M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BingX XLM-USDC	+0.0100%	8h	0.2142	+0.700%	—	$6.7M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2142	+0.677%	$102K	$220K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2130	+0.137%	$206K	$1.1M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2131	+0.168%	$12K	$300K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2131	+0.187%	$598K	$611K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2130	+0.141%	$171K	$255K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2141	+0.635%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2138	+0.498%	$2K	$1.7M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2140	+0.611%	$2K	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2139	+0.531%	$200K	$267K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2141	+0.635%	$8.9M	$9.0M	50x	as long as short
Extended XLM-USD	+0.0104%	1h	0.2143	+0.742%	$192K	$1.6M	10x	as long as short
Phoenix XLMshort	+0.0187%	1h	0.2138	+0.494%	$5K	$43K	5x
BloFin XLM-USDT	+0.0220%	8h	0.2142	+0.663%	$2.3M	$6.3M	75x	as long as short
Injective XLM/USDC PERP	+0.0249%	1h	0.2127	−0.024%	$476	$154K	12x	as long as short
Hyperliquid XLM	+0.0250%	1h	0.2145	+0.808%	$12.0M	$5.8M	5x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0312% / S −0.0166%	1h	0.2139	+0.542%	$45K	—	100x	as long as short
Coinbase International XLM-PERP-INTXlong	+0.0408%	1h	0.2127	long leg	$228K	$1.5M	50x
Kraken Futures PF_XLMUSD	+0.0551%	1h	0.2142	+0.659%	$2.6M	$2.6M	50x	as long as short
Lighter XLM	+0.0800%	1h	0.2148	+0.964%	$429K	$788K	5x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0825%	1h	0.2143	+0.714%	$532K	$170K	25x	as long as short