Funding you earn now, next payment 01:00 UTC−0.0576%/8h= −63.1% APRpaid last 24h −0.144%
Price spread now: HTX against Deribit−0.056%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$890.892% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 3 days (all we have)−0.045%−$5 · spread now −0.056%, 7d avg −0.058%
=The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.097% in total (about -5.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit XLM_USDC-PERPETUAL | 0.2162 | 0.0676 | pay 0.0085% / 1h | 53m 51s | $537K | $161K | 25x |
| Short | HTX XLM-USDT | 0.2161 | 0.0100 | get 0.0100% / 8h | 7h 53m | $199K | $256K | 20x |
Deribit XLM_USDC-PERPETUAL
HTX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Deribit. 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
- −$120.96
- Price spread: −0.056% → −0.058%
- $0.24
- Slippage, 4 orders
- −$70.19
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$209.91
- Costs to cover
- 0.892%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 20 min ago; HTX: live order book, 18 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 Deribit live order book, 20 min ago | 2.56 bp | 6.1 bp −$6 | 13.6 bp −$136 | doesn't fit | doesn't fit |
| Sell HTX live order book, 18 min ago | 24.84 bp | 45.8 bp −$46 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.231% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2160 | −0.095% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0075% | 1h | 0.2160 | −0.104% | $23K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2164 | +0.100% | $580K | $752K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2161 | −0.052% | $55.7M | $151.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2160 | −0.074% | $43.9M | $44.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2160 | −0.093% | $13.1M | $41.7M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2160 | −0.069% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2161 | −0.065% | $24.9M | $26.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2160 | −0.079% | $14.4M | $10.4M | 75x | as long as short |
Injective XLM/USDC PERP
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 | 0.2161 | −0.065% | $25.6M | $19.4M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2161 | −0.065% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2163 | +0.056% | $284K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2161 | −0.065% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2163 | +0.034% | $598K | $604K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2160 | −0.097% | $173K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2161 | −0.046% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2162 | +0.019% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2160 | −0.069% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDTshort | +0.0100% | 8h | 0.2161 | −0.056% | $199K | $256K | 20x | |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2160 | −0.069% | $9.0M | $9.1M | 50x | as long as short |
| Lighter XLM | +0.0104% | 1h | 0.2162 | +0.009% | $400K | $836K | 5x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2160 | −0.086% | $193K | $1.6M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0183% | 1h | 0.2161 | −0.023% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2160 | −0.097% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2157 | −0.250% | $5K | $42K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0251% | 1h | 0.2161 | −0.046% | $89K | $269K | 20x | as long as short |
| Hyperliquid XLM | +0.0262% | 1h | 0.2162 | +0.023% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0316% / S −0.0167% | 1h | 0.2160 | −0.100% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2164 | +0.079% | $229K | $1.5M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUALlong | +0.0676% | 1h | 0.2162 | long leg | $537K | $161K | 25x |
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
Phemex XLMUSDT
Lighter XLM
Extended XLM-USD
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX