Funding you earn now, next payment 22:00 UTC−0.0085%/8h= −9.3% APRnext payment −$0.11 per $10,000 · paid last 24h −0.035%
Price spread now: Extended against Hyperliquid−0.051%7-day average −0.115% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.341% of the position
Funding, last 7 days+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)−0.158%−$16 · spread now −0.051%, 7d avg −0.115%
=Together, before fees−0.084%+ Points / potential airdropHyperliquid: Season 2 · Extended: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.064% dearer against Hyperliquid than usual: you sell high and buy low (spread −0.051% now, against its 7-day average of −0.115%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.074%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XLM | 0.2134 | 0.0189 | pay 0.0024% / 1h | 50m 43s | $11.9M | $5.8M | 5x |
| Short | Extended XLM-USD | 0.2133 | 0.0104 | get 0.0013% / 1h | 50m 43s | $193K | $1.6M | 10x |
Hyperliquid XLM
Extended XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Hyperliquid. 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
- −$17.79
- Price spread: −0.051% → −0.115%
- $6.37
- Slippage, 4 orders
- −$20.06
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$45.47
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 2 min ago; Extended: live order book, 3 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 Hyperliquid live order book, 2 min ago | 1.17 bp | 8.6 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell Extended live order book, 3 min ago | 4.44 bp | 8.0 bp −$8 | 16.6 bp −$166 | 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2133 | −0.046% | $23K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2134 | −0.025% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2134 | −0.035% | $586K | $791K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2134 | −0.023% | $55.0M | $144.6M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2133 | −0.052% | $43.5M | $40.7M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2132 | −0.098% | $12.9M | $40.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2133 | −0.084% | $3.9M | $5.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2134 | −0.028% | $25.3M | $24.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2133 | −0.080% | $14.3M | $10.2M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2133 | −0.056% | $25.7M | $17.7M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) 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-USDC | +0.0100% | 8h | 0.2134 | −0.028% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2134 | −0.042% | $100K | $221K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2136 | +0.098% | $248K | $1.0M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2138 | +0.183% | $12K | $298K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2137 | +0.127% | $592K | $607K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2138 | +0.155% | $171K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2133 | −0.066% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.136% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2134 | −0.037% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2133 | −0.084% | $199K | $267K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2134 | −0.037% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2133 | −0.051% | $193K | $1.6M | 10x | |
| Phoenix XLM | +0.0187% | 1h | 0.2137 | +0.136% | $5K | $43K | 5x | as long as short |
| Hyperliquid XLMlong | +0.0189% | 1h | 0.2134 | long leg | $11.9M | $5.8M | 5x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2134 | −0.014% | $2.3M | $6.2M | 75x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2130 | −0.206% | $477 | $125K | 12x | as long as short |
| Lighter XLM | +0.0288% | 1h | 0.2138 | +0.173% | $425K | $786K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0312% / S −0.0166% | 1h | 0.2133 | −0.045% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0359% | 1h | 0.2135 | +0.037% | $530K | $168K | 25x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2135 | +0.005% | $227K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0553% | 1h | 0.2134 | −0.018% | $2.5M | $2.6M | 50x | as long as short |
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
Phoenix XLM
BloFin XLM-USDT
Injective XLM/USDC PERP
Lighter XLM
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD