Funding you earn now, next payment 01:00 UTC−0.0340%/8h= −37.2% APRnext payment −$0.43 per $10,000 · paid last 24h −0.096%
Price spread now: SoDEX against Coinbase International−0.108%7-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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SoDEX is 0.108% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 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 | 0.2135 | 0.0440 | pay 0.0055% / 1h | 48m 23s | $235K | $1.5M | 50x |
| Short | SoDEX XLM-USD | 0.2133 | 0.0100 | get 0.0013% / 1h | 48m 23s | $2K | $6K | 5x |
Coinbase International XLM-PERP-INTX
SoDEX XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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: −0.108% → 0.000%
- −$10.77
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$100.17
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; SoDEX: 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 | 4.46 bp | 14.5 bp −$15 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | 0.2135 | −0.020% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2131 | −0.193% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.468% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2135 | +0.019% | $372K | $879K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2132 | −0.131% | $54.2M | $153.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2132 | −0.136% | $43.0M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2133 | −0.103% | $12.8M | $41.7M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2132 | −0.145% | $4.0M | $6.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2132 | −0.136% | $24.2M | $26.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2132 | −0.131% | $14.1M | $10.0M | 75x | as long as short |
dYdX XLM-USD
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 XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2133 | −0.094% | $25.4M | $20.4M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2132 | −0.155% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2135 | −0.014% | $89K | $263K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2127 | −0.367% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2125 | −0.468% | $11K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | −0.232% | $593K | $597K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | −0.314% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2133 | −0.094% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2129 | −0.276% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USDshort | +0.0100% | 1h | 0.2133 | −0.108% | $2K | $6K | 5x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2136 | +0.042% | $197K | $269K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2134 | −0.047% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2133 | −0.088% | $190K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0139% | 8h | 0.2135 | −0.014% | $570K | $631K | 75x | as long as short |
| Hyperliquid XLM | +0.0150% | 1h | 0.2134 | −0.062% | $12.3M | $6.4M | 5x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2136 | +0.066% | $5K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | −0.037% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0379% | 1h | 0.2133 | −0.096% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0440% | 1h | 0.2135 | long leg | $235K | $1.5M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0526% / S −0.0198% | 1h | 0.2130 | −0.215% | $45K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0688% | 1h | 0.2134 | −0.042% | $530K | $150K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
Hyperliquid XLM
Phoenix XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL