Funding you earn now, next payment 04:00 UTC−0.0364%/8h= −39.9% APRpaid last 24h −0.095%
Price spread now: Variational Omni against Coinbase International−0.223%7-day average −0.117% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.233%−$23 on $10k
+Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.223%, 7d avg −0.117%
=Together, before fees−0.198%+ Points / potential airdropVariational Omni: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.106% cheaper against Coinbase International than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International XLM-PERP-INTX | 0.2139 | 0.0464 | pay 0.0058% / 1h | 58m 50s | $239K | $1.5M | 50x |
| Short | Variational Omni XLM | 0.2134 | 0.0100 | get 0.0100% / 8h | 3h 58m | $256K | $1.3M | — |
Coinbase International XLM-PERP-INTX
Variational Omni XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$76.44
- Price spread: −0.223% → −0.117%
- −$10.62
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$97.06
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 5 min ago; Variational Omni: RFQ quote, just now. 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 | 2.81 bp | 14.4 bp −$14 | 20.2 bp −$202 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 7.03 bp | doesn't fit | 16.4 bp −$164 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2135 | −0.202% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2134 | −0.252% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.650% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2138 | −0.037% | $370K | $960K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2133 | −0.257% | $567K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2134 | −0.222% | $54.5M | $155.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2135 | −0.178% | $43.1M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2136 | −0.136% | $12.5M | $42.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2133 | −0.266% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2134 | −0.224% | $23.8M | $26.7M | 300x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2133 | −0.262% | $14.1M | $9.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2135 | −0.164% | $25.7M | $21.5M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2134 | −0.215% | — | $6.7M | — | as long as short |
| Variational Omni XLMshort | +0.0100% | 8h | 0.2134 | −0.223% | $256K | $1.3M | — | |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2135 | −0.193% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2131 | −0.348% | $590K | $600K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2131 | −0.388% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2134 | −0.229% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2127 | −0.570% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2134 | −0.224% | $581 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2136 | −0.136% | $197K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2134 | −0.229% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2133 | −0.259% | $190K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0137% | 1h | 0.2137 | −0.094% | $12.3M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2134 | −0.242% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | −0.229% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2136 | −0.140% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTXlong | +0.0464% | 1h | 0.2139 | long leg | $239K | $1.5M | 50x | |
| Backpack XLM_USDC_PERP | +0.0506% | 1h | 0.2134 | −0.215% | $126K | $290K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0247% | 1h | 0.2134 | −0.240% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0828% | 1h | 0.2135 | −0.168% | $530K | $153K | 25x | as long as short |
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL