Funding you earn now, next payment 03:00 UTC−0.0121%/8h= −13.3% APRpaid last 24h +0.010%
Price spread now: Phemex against dYdX−0.079%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Phemex is 0.079% cheaper against dYdX than usual: you would sell low and buy high (−$8 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 | dYdX XLM-USD | 0.2141 | 0.0221 | pay 0.0028% / 1h | 12m 22s | $23K | $2K | 10x |
| Short | Phemex XLMUSDT | 0.2139 | 0.0100 | get 0.0100% / 8h | 5h 12m | $9.0M | $8.9M | 50x |
dYdX XLM-USD
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against dYdX. 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
- −$25.45
- Price spread: −0.079% → 0.000%
- −$7.91
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$55.36
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: dYdX: no order-book sample; Phemex: live order book, 2 min ago. 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 4.66 bp | 12.6 bp −$13 | 19.4 bp −$194 | doesn't fit | doesn't fit |
dYdX: 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 | 0.2138 | −0.101% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2144 | +0.140% | $375K | $923K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2141 | +0.021% | $570K | $623K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2140 | −0.047% | $54.8M | $154.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2139 | −0.074% | $43.2M | $45.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2139 | −0.070% | $12.6M | $42.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2139 | −0.070% | $4.1M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2140 | −0.042% | $24.2M | $27.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2139 | −0.070% | $14.1M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2139 | −0.074% | $25.7M | $21.1M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2139 | −0.074% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2149 | +0.397% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2146 | +0.241% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2147 | +0.307% | $594K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2145 | +0.225% | $172K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2139 | −0.074% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2138 | −0.130% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2139 | −0.074% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2139 | −0.079% | $197K | $252K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2139 | −0.079% | $9.0M | $8.9M | 50x | |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2141 | 0.000% | $96K | $274K | 20x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2139 | −0.086% | $191K | $1.8M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2141 | +0.024% | $2.3M | $4.9M | 75x | as long as short |
| dYdX XLM-USDlong | +0.0221% | 1h | 0.2141 | long leg | $23K | $2K | 10x | |
| Phoenix XLM | +0.0264% | 1h | 0.2145 | +0.215% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0351% | 1h | 0.2141 | +0.014% | $12.4M | $6.2M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0460% | 1h | 0.2139 | −0.055% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2146 | +0.257% | $235K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0519% / S −0.0193% | 1h | 0.2139 | −0.088% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0685% | 1h | 0.2140 | −0.004% | $531K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | −0.728% | $683 | $241K | 12x | as long as short |
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
HTX XLM-USDT
Backpack XLM_USDC_PERP
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP