Funding you earn now, next payment 05:00 UTC−0.0059%/8h= −6.5% APRpaid last 24h −0.059%
Price spread now: HTX against Hyperliquid−0.107%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$750.751% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)−0.202%−$20 · spread now −0.107%, 7d avg −0.069%
=Together, before fees−0.158%+ Points / potential airdropHyperliquid: Season 2 · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.038% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XLM | 0.2148 | 0.0159 | pay 0.0020% / 1h | 30m 50s | $12.4M | $6.3M | 5x |
| Short | HTX XLM-USDT | 0.2146 | 0.0100 | get 0.0100% / 8h | 3h 30m | $198K | $249K | 20x |
Hyperliquid XLM
HTX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$12.44
- Price spread: −0.107% → −0.069%
- −$3.77
- Slippage, 4 orders
- −$54.14
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$91.35
- Costs to cover
- 0.751%
- Break-even
- never at this rate
Slippage from Hyperliquid: live order book, 12 min ago; HTX: live order book, 21 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, 12 min ago | 0.93 bp | 7.9 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell HTX live order book, 21 min ago | 13.29 bp | 31.3 bp −$31 | 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 | 0.2148 | +0.013% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −1.075% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2149 | +0.037% | $377K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2146 | −0.120% | $570K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2147 | −0.037% | $55.1M | $157.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2146 | −0.088% | $43.4M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2146 | −0.084% | $12.6M | $43.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2147 | −0.028% | $4.1M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2148 | −0.019% | $24.5M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2146 | −0.079% | $14.1M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
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 | 0.2146 | −0.093% | $25.9M | $21.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2147 | −0.056% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2147 | −0.045% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2144 | −0.178% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2144 | −0.181% | $601K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2145 | −0.154% | $172K | $263K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2149 | +0.042% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2143 | −0.223% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2148 | −0.019% | $585 | $6K | 5x | as long as short |
| HTX XLM-USDTshort | +0.0100% | 8h | 0.2146 | −0.107% | $198K | $249K | 20x | |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2148 | −0.019% | $9.0M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2147 | −0.071% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLMlong | +0.0159% | 1h | 0.2148 | long leg | $12.4M | $6.3M | 5x | |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2148 | +0.006% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2147 | −0.033% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2143 | −0.233% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0240% | 1h | 0.2145 | −0.144% | $23K | $2K | 10x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2146 | −0.084% | $249K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0521% / S −0.0247% | 1h | 0.2148 | −0.021% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0581% | 1h | 0.2149 | +0.033% | $128K | $294K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1100% | 1h | 0.2151 | +0.140% | $533K | $154K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL