Funding you earn now, next payment 23:00 UTC+0.0315%/8h= +34.5% APRpaid last 24h +0.040%
Price spread now: Hyperliquid against HTX+0.120%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$84as in the Price arb table
costs, in and out, $10k−$890.891% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 3 days (all we have)+0.189%+$19 · spread now +0.120%, 7d avg +0.068%
=Together, before fees+0.127%+ Points / potential airdropHyperliquid: Season 2 · farm board+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Hyperliquid is 0.052% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.068%. Mind the row above: over the last 7 days funding on this pair cost −0.062%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.062% in total (about -3.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX XLM-USDT | 0.2168 | 0.0100 | pay 0.0100% / 8h | 1h 51m | $200K | $272K | 20x |
| Short | Hyperliquid XLM | 0.2170 | 0.0415 | get 0.0052% / 1h | 51m 08s | $12.3M | $6.0M | 5x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against HTX. 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
- $66.2
- Price spread: +0.120% → +0.068%
- $5.22
- Slippage, 4 orders
- −$68.09
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$17.67
- Costs to cover
- 0.891%
- Break-even
- 8.9 days
Slippage from HTX: live order book, 31 min ago; Hyperliquid: live order book, 11 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 HTX live order book, 31 min ago | 21.43 bp | 44.3 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Hyperliquid live order book, 11 min ago | 0.23 bp | 7.9 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2167 | −0.056% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0028% | 1h | 0.2165 | −0.112% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2169 | +0.035% | $589K | $799K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2170 | +0.115% | $56.5M | $148.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2170 | +0.083% | $44.1M | $42.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2168 | +0.028% | $13.2M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2167 | −0.060% | $4.0M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2168 | +0.014% | $25.9M | $25.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2167 | −0.032% | $14.6M | $10.5M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2169 | +0.060% | $26.0M | $18.6M | 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-USDC | +0.0100% | 8h | 0.2169 | +0.069% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2175 | +0.347% | $242K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2173 | +0.244% | $12K | $299K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2178 | +0.468% | $605K | $610K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2171 | +0.143% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2168 | +0.009% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2163 | −0.240% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2167 | −0.014% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDTlong | +0.0100% | 8h | 0.2168 | long leg | $200K | $272K | 20x | |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2168 | −0.005% | $9.2M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2167 | −0.019% | $194K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2168 | +0.005% | $2.3M | $6.3M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2176 | +0.387% | $5K | $41K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0244% | 1h | 0.2168 | +0.023% | $94K | $246K | 20x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0342% / S −0.0194% | 1h | 0.2166 | −0.076% | $49K | — | 100x | as long as short |
| Hyperliquid XLMshort | +0.0415% | 1h | 0.2170 | +0.120% | $12.3M | $6.0M | 5x | |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2173 | +0.226% | $231K | $1.5M | 50x | as long as short |
| Injective XLM/USDC PERP | +0.0475% | 1h | 0.2156 | −0.544% | $116 | $185K | 12x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0504% | 1h | 0.2168 | +0.011% | $2.6M | $2.6M | 50x | as long as short |
| Lighter XLM | +0.0688% | 1h | 0.2172 | +0.212% | $427K | $804K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0811% | 1h | 0.2169 | +0.074% | $538K | $174K | 25x | as long as short |
HTX XLM-USDT
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-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Injective XLM/USDC PERP
Kraken Futures PF_XLMUSD
Lighter XLM
Deribit XLM_USDC-PERPETUAL