Funding you earn now, next payment 02:00 UTC−0.0142%/8h= −15.6% APRnext payment −$0.18 per $10,000 · paid last 24h −0.052%
Price spread now: SoDEX against Hyperliquid−0.038%7-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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.038% cheaper against Hyperliquid than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hyperliquid XLM | 0.2133 | 0.0242 | pay 0.0030% / 1h | 24m 36s | $12.3M | $6.3M | 5x |
| Short | SoDEX XLM-USD | 0.2132 | 0.0100 | get 0.0013% / 1h | 24m 36s | $2K | $6K | 5x |
Hyperliquid XLM
SoDEX XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$29.86
- Price spread: −0.038% → 0.000%
- −$3.75
- Slippage, 4 orders
- no order book: not counted
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$50.61
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Hyperliquid: live order book, 8 min ago; SoDEX: 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 Hyperliquid live order book, 8 min ago | 1.18 bp | 9.3 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 30 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 | 0.2131 | −0.063% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.366% | $683 | $241K | 12x | as long as short |
| dYdX XLM-USD | +0.0052% | 1h | 0.2129 | −0.191% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2132 | −0.052% | $360K | $906K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2130 | −0.113% | $54.0M | $154.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2129 | −0.178% | $42.8M | $46.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2130 | −0.145% | $12.7M | $41.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2131 | −0.103% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2130 | −0.108% | $23.9M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2130 | −0.117% | $14.1M | $10.0M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
dYdX XLM-USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTMShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2130 | −0.141% | $25.5M | $20.7M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.145% | — | $7.1M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2131 | −0.066% | $89K | $262K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2132 | −0.031% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2129 | −0.175% | $11K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2130 | −0.143% | $596K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2122 | −0.502% | $170K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2133 | +0.009% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.141% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USDshort | +0.0100% | 1h | 0.2132 | −0.038% | $2K | $6K | 5x | |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.056% | $197K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | −0.038% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2129 | −0.173% | $191K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0132% | 8h | 0.2131 | −0.070% | $570K | $621K | 75x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2134 | +0.066% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLMlong | +0.0242% | 1h | 0.2133 | long leg | $12.3M | $6.3M | 5x | |
| Kraken Futures PF_XLMUSD | +0.0380% | 1h | 0.2132 | −0.035% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0440% | 1h | 0.2133 | −0.005% | $233K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0193% | 1h | 0.2131 | −0.071% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0735% | 1h | 0.2134 | +0.047% | $530K | $149K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Aster XLMUSDT
Phoenix XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL