Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.001%
Price spread now: Backpack against edgeX−0.001%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 7 days−0.040%−$4 on $10k
+Price spread, last 3 days (all we have)−0.030%−$3 · spread now −0.001%, 7d avg +0.016%
=Together, before fees−0.071%+ Points / potential airdropedgeX: Active · farm board−$7 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLMUSDC | 0.2162 | 0.0100 | pay 0.0050% / 4h | 3h 17m | $12K | $302K | 10x |
| Short | Backpack XLM_USDC_PERP | 0.2162 | 0.0100 | get 0.0013% / 1h | 17m 27s | $88K | $260K | 20x |
edgeX XLMUSDC
Backpack XLM_USDC_PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Backpack against edgeX. 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
- $0
- Price spread: −0.001% → +0.016%
- −$1.64
- Slippage, 4 orders
- −$9.44
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Backpack: 5 bp × 2 orders
- −$10
- Net
- −$30.09
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 56 min ago; Backpack: live order book, 56 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 edgeX live order book, 56 min ago | 1.16 bp | 5.9 bp −$6 | 56.8 bp −$568 | doesn't fit | doesn't fit |
| Sell Backpack live order book, 56 min ago | 0.23 bp | 10.5 bp −$11 | 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 | −0.236% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2162 | −0.027% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0034% | 1h | 0.2162 | +0.002% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2166 | +0.194% | $399K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2165 | +0.115% | $55.8M | $150.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2164 | +0.087% | $44.3M | $44.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2164 | +0.087% | $13.1M | $41.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2162 | +0.004% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2163 | +0.036% | $25.2M | $26.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | +0.069% | $14.4M | $10.1M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Lighter XLM
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 | 0.2164 | +0.069% | $25.8M | $19.6M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2163 | +0.023% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERPshort | +0.0100% | 1h | 0.2162 | −0.001% | $88K | $260K | 20x | |
| Variational Omni XLM | +0.0100% | 8h | 0.2161 | −0.045% | $284K | $1.3M | — | as long as short |
| edgeX XLMUSDClong | +0.0100% | 4h | 0.2162 | long leg | $12K | $302K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2162 | +0.011% | $609K | $590K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2161 | −0.038% | $173K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2161 | −0.051% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2153 | −0.403% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2161 | −0.056% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2156 | −0.269% | $199K | $256K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2162 | −0.024% | $9.0M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2163 | +0.028% | $193K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0142% | 8h | 0.2164 | +0.106% | $580K | $660K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0183% | 1h | 0.2162 | +0.017% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2159 | −0.144% | $2.3M | $5.3M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2162 | +0.018% | $5K | $42K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2158 | −0.195% | $232K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0520% | 1h | 0.2166 | +0.194% | $12.6M | $6.3M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0583% | 1h | 0.2162 | −0.014% | $537K | $150K | 25x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0605% / S −0.1175% | 1h | 0.2158 | −0.176% | $174K | — | 100x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
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
Aster XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL
GMX XLM/USD [WBTC.b-USDC]