Funding you earn now, next payment 06:00 UTC−0.0746%/8h= −81.7% APRnext payment −$0.93 per $10,000 · paid last 24h −0.145%
Price spread now: SoDEX against Deribit−0.090%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 −$22 a day on $10k at the current rate, and SoDEX is 0.090% cheaper against Deribit than usual: you would sell low and buy high (−$9 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 | Deribit XLM_USDC-PERPETUAL | 0.2101 | 0.0846 | pay 0.0106% / 1h | 31m 11s | $521K | $163K | 25x |
| Short | SoDEX XLM-USD | 0.2099 | 0.0100 | get 0.0013% / 1h | 31m 11s | $572 | $6K | 5x |
Deribit XLM_USDC-PERPETUAL
SoDEX XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$156.66
- Price spread: −0.090% → 0.000%
- −$9.04
- Slippage, 4 orders
- no order book: not counted
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$180.7
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Deribit: live order book, 18 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 Deribit live order book, 18 min ago | 3.77 bp | 7.3 bp −$7 | 14.7 bp −$147 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2099 | −0.119% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +1.142% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2102 | +0.029% | $351K | $988K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2100 | −0.059% | $556K | $629K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2099 | −0.073% | $53.6M | $161.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2099 | −0.100% | $42.3M | $47.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2100 | −0.057% | $12.2M | $43.7M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2099 | −0.114% | $4.0M | $7.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2100 | −0.043% | $24.4M | $28.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2099 | −0.109% | $13.8M | $9.4M | 75x | as long as short |
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_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 | 0.2099 | −0.109% | $25.3M | $22.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2099 | −0.086% | — | $7.4M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2099 | −0.071% | $130K | $314K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2105 | +0.199% | $251K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2100 | −0.071% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2103 | +0.081% | $589K | $608K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2099 | −0.119% | $168K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2099 | −0.095% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2098 | −0.143% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USDshort | +0.0100% | 1h | 0.2099 | −0.090% | $572 | $6K | 5x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2101 | −0.005% | $194K | $251K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2099 | −0.090% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2099 | −0.086% | $188K | $1.8M | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0144% | 1h | 0.2098 | −0.122% | $2.5M | $2.7M | 50x | as long as short |
| Hyperliquid XLM | +0.0177% | 1h | 0.2101 | −0.019% | $12.0M | $6.5M | 5x | as long as short |
| dYdX XLM-USD | +0.0198% | 1h | 0.2101 | −0.017% | $23K | $2K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2099 | −0.090% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0226% | 1h | 0.2109 | +0.362% | $4K | $49K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0456% | 1h | 0.2102 | +0.067% | $224K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0515% / S −0.0228% | 1h | 0.2098 | −0.127% | $40K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUALlong | +0.0846% | 1h | 0.2101 | long leg | $521K | $163K | 25x |
Bitget XLMUSDT
BingX XLM-USDT
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
Kraken Futures PF_XLMUSD
Hyperliquid XLM
dYdX XLM-USD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]