Funding you earn now, next payment 02:00 UTC+0.0150%/8h= +16.5% APRnext payment +$0.19 per $10,000 · paid last 24h +0.082%
Price spread now: Hyperliquid against gTrade (Gains Network)+0.125%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Hyperliquid is 0.125% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | gTrade (Gains Network) XLM/USD | 0.2133 | L 0.0000% / S +0.0002% | pay 0.0000% / 1h | 48m 58s | $4K | — | 150x |
| Short | Hyperliquid XLM | 0.2135 | 0.0151 | get 0.0019% / 1h | 48m 58s | $12.3M | $6.4M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against gTrade (Gains Network). 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
- $31.6
- Price spread: +0.125% → 0.000%
- $12.52
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $25.12
- Costs to cover
- 0.190%
- Break-even
- 1.4 days
Slippage unknown: gTrade (Gains Network): no order-book sample; Hyperliquid: live order book, 4 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 4 min ago | 0.23 bp | 9.1 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
gTrade (Gains Network): 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 | 0.2134 | +0.043% | $23K | $2K | 10x | as long as short |
| gTrade (Gains Network) XLM/USDlong | L 0.0000% / S +0.0002% | 1h | 0.2133 | long leg | $4K | — | 150x | |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.362% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2134 | +0.074% | $371K | $879K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2136 | +0.173% | $54.3M | $153.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2136 | +0.158% | $43.1M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2136 | +0.153% | $12.8M | $41.7M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2133 | +0.017% | $4.0M | $6.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2135 | +0.083% | $24.2M | $26.3M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2133 | +0.022% | $14.1M | $10.0M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2136 | +0.167% | $25.4M | $20.4M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2135 | +0.092% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2135 | +0.092% | $89K | $263K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2127 | −0.261% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2125 | −0.362% | $11K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | −0.126% | $593K | $597K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | −0.208% | $171K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2134 | +0.060% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.081% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2134 | +0.036% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2136 | +0.149% | $197K | $269K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2134 | +0.060% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2133 | +0.007% | $190K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0138% | 8h | 0.2135 | +0.119% | $570K | $631K | 75x | as long as short |
| Hyperliquid XLMshort | +0.0151% | 1h | 0.2135 | +0.125% | $12.3M | $6.4M | 5x | |
| Phoenix XLM | +0.0187% | 1h | 0.2136 | +0.172% | $5K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | +0.069% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0379% | 1h | 0.2134 | +0.052% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2136 | +0.163% | $235K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0527% / S −0.0198% | 1h | 0.2133 | +0.003% | $45K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0688% | 1h | 0.2135 | +0.088% | $530K | $150K | 25x | as long as short |
gTrade (Gains Network) XLM/USD
Hyperliquid XLM
Injective XLM/USDC PERP
Lighter XLM
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
Aster XLMUSDT
Phoenix XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL