Funding you earn now, next payment 21:00 UTC+0.0187%/8h= +20.4% APRnext payment +$0.23 per $10,000 · paid last 24h +0.015%
Price spread now: Phoenix against dYdX−0.084%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
Funding pays, the price is against you. Phoenix is 0.084% cheaper against dYdX than usual: you would sell low and buy high (spread −0.084% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 36 hours of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | dYdX XLM-USD | 0.2151 | 0 | get 0.0000% / 1h | 20m 50s | $23K | $3K | 10x |
| Short | Phoenix XLM | 0.2149 | 0.0187 | get 0.0023% / 1h | 20m 50s | $5K | $43K | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $39.18
- Price spread: −0.084% → 0.000%
- −$8.4
- Slippage, 4 orders
- no order book: not counted
- Fee dYdX: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $13.78
- Costs to cover
- 0.170%
- Break-even
- 4.5 days
Slippage unknown: dYdX: no order-book sample; Phoenix: 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 dYdX no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
dYdX and Phoenix: 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-USDlong | 0.0000% | 1h | 0.2151 | long leg | $23K | $3K | 10x | |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2151 | +0.003% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2151 | +0.024% | $587K | $793K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2152 | +0.065% | $55.5M | $145.2M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2151 | +0.028% | $43.8M | $41.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2151 | +0.004% | $13.0M | $40.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2151 | +0.023% | $3.9M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2152 | +0.074% | $25.3M | $25.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2151 | +0.028% | $14.5M | $10.4M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2151 | +0.028% | $25.8M | $17.9M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDC | +0.0100% | 8h | 0.2152 | +0.051% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2152 | +0.056% | $102K | $221K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2142 | −0.385% | $207K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2146 | −0.230% | $12K | $298K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2148 | −0.116% | $602K | $595K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2146 | −0.228% | $172K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2152 | +0.060% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2149 | −0.093% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2152 | +0.037% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2151 | +0.004% | $201K | $267K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2151 | +0.032% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2152 | +0.042% | $193K | $1.6M | 10x | as long as short |
| Phoenix XLMshort | +0.0187% | 1h | 0.2149 | −0.084% | $5K | $43K | 5x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2152 | +0.069% | $2.3M | $6.3M | 75x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2127 | −1.102% | $476 | $154K | 12x | as long as short |
| Hyperliquid XLM | +0.0265% | 1h | 0.2153 | +0.128% | $12.0M | $5.8M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0313% / S −0.0166% | 1h | 0.2151 | +0.019% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2155 | +0.204% | $229K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0548% | 1h | 0.2152 | +0.079% | $2.6M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0726% | 1h | 0.2154 | +0.144% | $535K | $170K | 25x | as long as short |
| Lighter XLM | +0.0808% | 1h | 0.2155 | +0.200% | $424K | $803K | 5x | as long as short |
Phoenix XLM
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Injective XLM/USDC PERP
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL
Lighter XLM