Funding you earn now, next payment 08:00 UTC+0.0226%/8h= +24.7% APRnext payment +$0.28 per $10,000 · paid last 24h +0.054%
Price spread now: Phoenix against gTrade (Gains Network)+0.050%57s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Phoenix is 0.050% dearer against gTrade (Gains Network) than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 57 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 | gTrade (Gains Network) XLM/USD | 0.2140 | L 0.0000% / S +0.0002% | pay 0.0000% / 1h | 1m 20s | $4K | — | 150x |
| Short | Phoenix XLM | 0.2142 | 0.0226 | get 0.0028% / 1h | 1m 20s | $4K | $56K | 5x |
gTrade (Gains Network) XLM/USD
Phoenix XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $47.45
- Price spread: +0.050% → 0.000%
- $5.05
- Slippage, 4 orders
- no order book: not counted
- Fee gTrade (Gains Network): 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $35.49
- Costs to cover
- 0.170%
- Break-even
- 1.8 days
Slippage unknown: gTrade (Gains Network): 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 gTrade (Gains Network) no order-book sample | — | — | — | — | — |
| Sell Phoenix no order-book sample | — | — | — | — | — |
gTrade (Gains Network) 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USDlong | L 0.0000% / S +0.0002% | 1h | 0.2140 | long leg | $4K | — | 150x | |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.720% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2144 | +0.158% | $368K | $934K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2143 | +0.114% | $568K | $545K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2141 | +0.018% | $55.5M | $155.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2139 | −0.048% | $44.3M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2140 | −0.029% | $12.3M | $44.8M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2140 | −0.010% | $4.0M | $7.4M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2141 | +0.027% | $24.5M | $29.6M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2140 | +0.004% | $13.9M | $8.9M | 75x | as long as short |
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
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 | 0.2140 | −0.034% | $26.1M | $22.4M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2140 | −0.034% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2142 | +0.050% | $121K | $326K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2141 | +0.034% | $256K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2141 | +0.011% | $12K | $309K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2143 | +0.127% | $591K | $548K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2140 | −0.038% | $171K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2141 | +0.027% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2139 | −0.085% | $2K | $1.5M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | −0.034% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2143 | +0.121% | $198K | $189K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2141 | +0.013% | $8.8M | $8.7M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2139 | −0.043% | $191K | $690K | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2147 | +0.298% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLMshort | +0.0226% | 1h | 0.2142 | +0.050% | $4K | $56K | 5x | |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2142 | +0.055% | $214K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0337% | 1h | 0.2140 | −0.007% | $2.6M | $2.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0496% / S −0.0231% | 1h | 0.2139 | −0.066% | $38K | — | 100x | as long as short |
| Hyperliquid XLM | +0.0560% | 1h | 0.2143 | +0.135% | $12.4M | $6.0M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0778% | 1h | 0.2141 | +0.046% | $531K | $110K | 25x | as long as short |
| dYdX XLM-USD | +0.0845% | 1h | 0.2143 | +0.142% | $27K | $5K | 10x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
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
BloFin XLM-USDT
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL
dYdX XLM-USD