Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.181%
Price spread now: BingX against Injective−0.574%57s7-day average +0.139% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.247%+$25 on $10k
+Price spread, last 4 days (all we have)+0.546%+$55 · spread now −0.574%, 7d avg +0.139%
=Funding pays, the price is against you. BingX is 0.713% cheaper against Injective than usual: you would sell low and buy high (spread −0.574% now, against its 7-day average of +0.139%). If the spread goes back, that is −$71 on $10k: about 36 days of funding at the current rate (+$2 a day). The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XLM/USDC PERP | 0.2125 | 0.0033 | pay 0.0004% / 1h | 36m 16s | $683 | $241K | 12x |
| Short | BingX XLM-USDT | 0.2113 | 0.0100 | get 0.0100% / 8h | 1h 36m | — | $7.4M | — |
Injective XLM/USDC PERP
BingX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Injective. 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
- $14
- Price spread: −0.574% → +0.139%
- −$71.34
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$67.36
- Costs to cover
- 0.100%
- Break-even
- 40.7 days
Slippage unknown: Injective: no order-book sample; BingX: live order book, 7 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 0.24 bp | 6.2 bp −$6 | 10.4 bp −$104 | 23.0 bp −$2,304 | 85.1 bp −$42.6K |
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 | 0.2113 | −0.587% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPlong | +0.0033% | 1h | 0.2125 | long leg | $683 | $241K | 12x | |
| Lighter XLM | +0.0096% | 1h | 0.2117 | −0.386% | $355K | $933K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2115 | −0.449% | $560K | $634K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2114 | −0.500% | $54.3M | $163.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2113 | −0.565% | $42.8M | $47.5M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2114 | −0.518% | $12.2M | $44.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2113 | −0.560% | $3.9M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2114 | −0.504% | $25.3M | $28.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2113 | −0.560% | $14.0M | $9.5M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
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 | 0.2113 | −0.565% | $25.4M | $23.1M | 75x | as long as short |
| BingX XLM-USDTshort | +0.0100% | 8h | 0.2113 | −0.574% | — | $7.4M | — | |
| Variational Omni XLM | +0.0100% | 8h | 0.2117 | −0.370% | $253K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2116 | −0.430% | $12K | $307K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2118 | −0.311% | $594K | $615K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2118 | −0.311% | $170K | $265K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2113 | −0.565% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2112 | −0.598% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2114 | −0.522% | $576 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2113 | −0.565% | $195K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2115 | −0.480% | $8.7M | $9.1M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2113 | −0.553% | $188K | $1.7M | 10x | as long as short |
| Hyperliquid XLM | +0.0181% | 1h | 0.2114 | −0.513% | $12.0M | $6.5M | 5x | as long as short |
| Backpack XLM_USDC_PERP | +0.0198% | 1h | 0.2116 | −0.409% | $129K | $329K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2118 | −0.334% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0263% | 1h | 0.2120 | −0.249% | $4K | $50K | 5x | as long as short |
| dYdX XLM-USD | +0.0276% | 1h | 0.2113 | −0.577% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0333% | 1h | 0.2115 | −0.485% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2113 | −0.584% | $220K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2112 | −0.608% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0933% | 1h | 0.2115 | −0.452% | $524K | $168K | 25x | as long as short |
Bitget XLMUSDT
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
Extended XLM-USD
Hyperliquid XLM
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL