Funding you earn now, next payment 22:00 UTC+0.0106%/8h= +11.6% APRpaid last 24h +0.037%
Price spread now: Hyperliquid against edgeX+0.424%7-day average +0.081% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs+$5as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 3 days (all we have)−0.233%−$23 · spread now +0.424%, 7d avg +0.081%
=Together, before fees−0.299%+ Points / potential airdropedgeX: Active · Hyperliquid: Season 2 · farm board−$30 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.343% dearer against edgeX than usual: you sell high and buy low: +$34 more if the spread goes back to its 7-day average of +0.081%. Mind the row above: over the last 7 days funding on this pair cost −0.066%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX XLMUSDC | 0.2125 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $11K | $298K | 10x |
| Short | Hyperliquid XLM | 0.2134 | 0.0206 | get 0.0026% / 1h | 37m 25s | $11.9M | $5.8M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid 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
- $22.2
- Price spread: +0.424% → +0.081%
- $34.32
- Slippage, 4 orders
- −$11.44
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $27.08
- Costs to cover
- 0.294%
- Break-even
- from the start
Slippage from edgeX: live order book, 50 min ago; Hyperliquid: live order book, 5 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, 50 min ago | 1.40 bp | 6.1 bp −$6 | 55.1 bp −$551 | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 5 min ago | 0.70 bp | 8.0 bp −$8 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2130 | +0.264% | $23K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2126 | +0.052% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2129 | +0.216% | $584K | $791K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2132 | +0.354% | $55.0M | $144.8M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2131 | +0.311% | $43.4M | $40.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2131 | +0.292% | $12.9M | $40.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2129 | +0.198% | $3.9M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2131 | +0.283% | $25.1M | $25.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2130 | +0.269% | $14.3M | $10.3M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2132 | +0.339% | $25.7M | $17.8M | 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-USDT | +0.0100% | 8h | 0.2132 | +0.321% | — | $6.8M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2128 | +0.165% | $101K | $222K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2129 | +0.175% | $206K | $1.1M | — | as long as short |
| edgeX XLMUSDClong | +0.0100% | 4h | 0.2125 | long leg | $11K | $298K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.142% | $596K | $620K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | +0.161% | $171K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2126 | +0.057% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2123 | −0.103% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2127 | +0.081% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2124 | −0.018% | $198K | $267K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2128 | +0.142% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2132 | +0.330% | $191K | $1.6M | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2125 | +0.029% | $5K | $43K | 5x | as long as short |
| Hyperliquid XLMshort | +0.0206% | 1h | 0.2134 | +0.424% | $11.9M | $5.8M | 5x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2125 | −0.009% | $2.3M | $6.2M | 75x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2127 | +0.104% | $476 | $154K | 12x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0311% / S −0.0166% | 1h | 0.2126 | +0.061% | $44K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2128 | +0.151% | $228K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0555% | 1h | 0.2128 | +0.137% | $2.5M | $2.6M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0596% | 1h | 0.2128 | +0.165% | $528K | $168K | 25x | as long as short |
| Lighter XLM | +0.0608% | 1h | 0.2136 | +0.523% | $425K | $786K | 5x | as long as short |
edgeX XLMUSDC
Hyperliquid 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-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
BloFin XLM-USDT
Injective XLM/USDC PERP
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Deribit XLM_USDC-PERPETUAL
Lighter XLM