Funding you earn now, next payment 05:00 UTC−0.0487%/8h= −53.3% APRnext payment −$0.61 per $10,000 · paid last 24h −0.242%
Price spread now: Injective against GMX−1.022%57s7-day average — · you buy dearer than you sell
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—needs both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Injective is 1.022% cheaper against GMX than usual: you would sell low and buy high (−$102 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. 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 | GMX XLM/USD [WBTC.b-USDC] | 0.2147 | L +0.0520% / S −0.0247% | pay 0.0065% / 1h | 51m 38s | $40K | — | 100x |
| Short | Injective XLM/USDC PERP | 0.2125 | 0.0033 | get 0.0004% / 1h | 51m 38s | $683 | $241K | 12x |
GMX XLM/USD [WBTC.b-USDC]
Injective XLM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against GMX. 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
- −$102.3
- Price spread: −1.022% → 0.000%
- −$102.19
- Slippage, 4 orders
- no order book: not counted
- Fee GMX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$216.51
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: GMX: no order-book sample; Injective: 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 GMX no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
GMX and Injective: 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/USD | L 0.0000% / S +0.0002% | 1h | 0.2146 | −0.023% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPshort | +0.0033% | 1h | 0.2125 | −1.022% | $683 | $241K | 12x | |
| Lighter XLM | +0.0096% | 1h | 0.2150 | +0.124% | $373K | $962K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2147 | +0.001% | $571K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2148 | +0.035% | $55.0M | $156.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2147 | −0.016% | $43.4M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2147 | +0.026% | $12.6M | $43.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2147 | −0.016% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2149 | +0.073% | $23.7M | $26.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2147 | −0.011% | $14.2M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
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 | 0.2147 | +0.026% | $26.0M | $21.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2147 | +0.021% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2137 | −0.457% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2146 | −0.034% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2147 | +0.012% | $594K | $605K | 10x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2148 | +0.049% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2146 | −0.062% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2148 | +0.045% | $585 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2147 | −0.002% | $198K | $253K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2147 | +0.003% | $9.1M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2147 | −0.003% | $191K | $1.8M | 10x | as long as short |
| dYdX XLM-USD | +0.0169% | 1h | 0.2147 | −0.015% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2148 | +0.036% | $2.6M | $2.7M | 50x | as long as short |
| ApeX Omni XLMUSDT | +0.0194% | 1h | 0.2148 | +0.031% | $172K | $258K | 50x | as long as short |
| Hyperliquid XLM | +0.0214% | 1h | 0.2149 | +0.115% | $12.4M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2147 | +0.021% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2141 | −0.272% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2146 | −0.039% | $241K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC]long | L +0.0520% / S −0.0247% | 1h | 0.2147 | long leg | $40K | — | 100x | |
| Backpack XLM_USDC_PERP | +0.0662% | 1h | 0.2149 | +0.087% | $127K | $290K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1101% | 1h | 0.2150 | +0.133% | $533K | $153K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
dYdX XLM-USD
Kraken Futures PF_XLMUSD
ApeX Omni XLMUSDT
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL