XLM

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0083%/8h= +9.0% APRnext payment +$0.10 per $10,000 · paid last 24h +0.001%

Price spread now: Phoenix against Extended−0.283%88s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Phoenix

What this pair did over the last

the charts below follow

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—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Funding pays, the price is against you. Phoenix is 0.283% cheaper against Extended than usual: you would sell low and buy high (spread −0.283% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 11 days of funding at the current rate (+$2 a day). The two prices were read 88 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended XLM-USD	0.2144	0.0104	pay 0.0013% / 1h	25m 42s	$192K	$1.6M	10x
Short	Phoenix XLM	0.2138	0.0187	get 0.0023% / 1h	25m 42s	$5K	$43K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee PhoenixbpOrdersPrice spread, now −0.283%Rate

Funding earned: $17.34
Price spread: −0.283% → 0.000%: −$28.26
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$22.92
Costs to cover: 0.120%
Break-even: 16.3 days

Slippage unknown: Extended: live order book, 3 min ago; 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 Extended live order book, 3 min ago	5.38 bp	8.7 bp −$9	16.8 bp −$168	doesn't fit	doesn't fit
Sell Phoenix no order-book sample	—	—	—	—	—

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-USD	0.0000%	1h	0.2144	−0.021%	$23K	$3K	10x	as long as short
gTrade (Gains Network) XLM/USD	L 0.0000% / S +0.0002%	1h	0.2143	−0.061%	$4K	—	150x	as long as short
Aster XLMUSDT	+0.0100%	8h	0.2144	−0.007%	$585K	$793K	75x	as long as short
Binance XLMUSDT	+0.0100%	8h	0.2145	+0.052%	$55.3M	$144.9M	75x	as long as short
Bybit XLMUSDT	+0.0100%	8h	0.2144	−0.003%	$43.6M	$41.1M	75x	as long as short
OKX XLM-USDT-SWAP	+0.0100%	8h	0.2144	−0.003%	$13.0M	$40.5M	50x	as long as short
Gate XLM_USDT	+0.0100%	8h	0.2144	−0.026%	$3.9M	$5.9M	75x	as long as short
MEXC XLM_USDT	+0.0100%	8h	0.2144	−0.003%	$25.1M	$25.2M	300x	as long as short
KuCoin XLMUSDTM	+0.0100%	8h	0.2144	−0.021%	$14.3M	$10.3M	75x	as long as short
Bitget XLMUSDT	+0.0100%	8h	0.2144	−0.003%	$25.7M	$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-USDT	+0.0100%	8h	0.2144	−0.007%	—	$6.9M	—	as long as short
Backpack XLM_USDC_PERP	+0.0100%	1h	0.2145	+0.058%	$102K	$221K	20x	as long as short
Variational Omni XLM	+0.0100%	8h	0.2130	−0.637%	$206K	$1.1M	—	as long as short
edgeX XLMUSDC	+0.0100%	4h	0.2131	−0.606%	$12K	$300K	10x	as long as short
GRVT XLM_USDT_Perp	+0.0100%	8h	0.2131	−0.587%	$598K	$611K	10x	as long as short
ApeX Omni XLMUSDT	+0.0100%	1h	0.2130	−0.632%	$171K	$255K	50x	as long as short
Orderly PERP_XLM_USDC_mythos	+0.0100%	4h	0.2143	−0.049%	$3K	$2K	10x	as long as short
SunX XLM-USDT	+0.0100%	8h	0.2141	−0.124%	$2K	$1.7M	20x	as long as short
SoDEX XLM-USD	+0.0100%	1h	0.2144	+0.002%	$2K	$6K	5x	as long as short
HTX XLM-USDT	+0.0100%	8h	0.2142	−0.087%	$200K	$267K	20x	as long as short
Phemex XLMUSDT	+0.0100%	8h	0.2144	+0.002%	$9.0M	$9.0M	50x	as long as short
Extended XLM-USDlong	+0.0104%	1h	0.2144	long leg	$192K	$1.6M	10x
Phoenix XLMshort	+0.0187%	1h	0.2138	−0.283%	$5K	$43K	5x
BloFin XLM-USDT	+0.0220%	8h	0.2142	−0.115%	$2.3M	$6.3M	75x	as long as short
Injective XLM/USDC PERP	+0.0249%	1h	0.2127	−0.796%	$476	$154K	12x	as long as short
Hyperliquid XLM	+0.0252%	1h	0.2146	+0.086%	$12.0M	$5.8M	5x	as long as short
GMX XLM/USD [WBTC.b-USDC]	L +0.0312% / S −0.0166%	1h	0.2143	−0.043%	$45K	—	100x	as long as short
Coinbase International XLM-PERP-INTX	+0.0408%	1h	0.2145	+0.049%	$228K	$1.5M	50x	as long as short
Kraken Futures PF_XLMUSD	+0.0550%	1h	0.2144	+0.018%	$2.6M	$2.6M	50x	as long as short
Deribit XLM_USDC-PERPETUAL	+0.0730%	1h	0.2146	+0.077%	$533K	$170K	25x	as long as short
Lighter XLM	+0.0816%	1h	0.2149	+0.240%	$429K	$788K	5x	as long as short