Funding you earn now, next payment 23:00 UTC+0.0375%/8h= +41.0% APRpaid last 24h −0.011%
Price spread now: Injective against HTX−5.804%55s7-day average −0.197% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.125%−$12 on $10k
+Price spread, last 3 days (all we have)+5.690%+$569 · spread now −5.804%, 7d avg −0.197%
=Funding pays, the price is against you. Injective is 5.607% cheaper against HTX than usual: you would sell low and buy high (spread −5.804% now, against its 7-day average of −0.197%). If the spread goes back, that is −$561 on $10k: about 50 days of funding at the current rate (+$11 a day). Mind the row above: over the last 7 days funding on this pair cost −0.125%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.125% in total (about -6.5% 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 | 0.2171 | 0.0100 | pay 0.0100% / 8h | 1h 35m | $200K | $272K | 20x |
| Short | Injective XLM/USDC PERP | 0.2045 | 0.0475 | get 0.0059% / 1h | 35m 24s | $6K | $238K | 12x |
HTX XLM-USDT
Injective XLM/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $78.69
- Price spread: −5.804% → −0.197%
- −$560.68
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$494.01
- Costs to cover
- 0.120%
- Break-even
- 50.9 days
Slippage unknown: HTX: live order book, 46 min ago; 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 HTX live order book, 46 min ago | 21.43 bp | 44.3 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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 | 0.2174 | +0.122% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0012% | 1h | 0.2171 | −0.020% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2174 | +0.131% | $592K | $801K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2175 | +0.175% | $56.8M | $150.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2174 | +0.138% | $44.1M | $43.4M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2173 | +0.115% | $13.2M | $42.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2173 | +0.111% | $4.0M | $6.0M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2175 | +0.166% | $26.2M | $26.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2174 | +0.134% | $14.6M | $10.6M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2175 | +0.161% | $26.0M | $19.0M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2174 | +0.138% | — | $7.0M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2176 | +0.242% | $299K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2180 | +0.430% | $12K | $300K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2177 | +0.289% | $603K | $617K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2185 | +0.645% | $175K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2174 | +0.138% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2168 | −0.152% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2170 | −0.023% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDTlong | +0.0100% | 8h | 0.2171 | long leg | $200K | $272K | 20x | |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2171 | +0.009% | $9.1M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2173 | +0.095% | $195K | $1.6M | 10x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2181 | +0.474% | $2.4M | $6.1M | 75x | as long as short |
| Phoenix XLM | +0.0221% | 1h | 0.2182 | +0.502% | $5K | $41K | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0307% | 1h | 0.2171 | −0.005% | $104K | $259K | 20x | as long as short |
| Hyperliquid XLM | +0.0316% | 1h | 0.2176 | +0.226% | $12.3M | $6.1M | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2173 | +0.090% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0432% | 1h | 0.2182 | +0.484% | $233K | $1.6M | 50x | as long as short |
| Injective XLM/USDC PERPshort | +0.0475% | 1h | 0.2045 | −5.804% | $6K | $238K | 12x | |
| Kraken Futures PF_XLMUSD | +0.0503% | 1h | 0.2172 | +0.030% | $2.7M | $2.7M | 50x | as long as short |
| Lighter XLM | +0.0528% | 1h | 0.2175 | +0.189% | $421K | $812K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0579% | 1h | 0.2173 | +0.074% | $539K | $176K | 25x | as long as short |
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
Phemex XLMUSDT
Extended XLM-USD
BloFin XLM-USDT
Phoenix XLM
Backpack XLM_USDC_PERP
Hyperliquid XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Lighter XLM
Deribit XLM_USDC-PERPETUAL