Funding you earn now, next payment 01:00 UTC+0.0407%/8h= +44.5% APRnext payment +$0.51 per $10,000 · paid last 24h +0.226%
Price spread now: Coinbase International against Injective+0.245%64s7-day average +0.227% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.392%+$39 on $10k
+Price spread, last 3 days (all we have)−0.197%−$20 · spread now +0.245%, 7d avg +0.227%
=The price spread sits at its 7-day average of +0.227%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. The two prices were read 64 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 | 26m 03s | $683 | $241K | 12x |
| Short | Coinbase International XLM-PERP-INTX | 0.2130 | 0.0440 | get 0.0055% / 1h | 26m 03s | $232K | $1.5M | 50x |
Injective XLM/USDC PERP
Coinbase International XLM-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $85.4
- Price spread: +0.245% → +0.227%
- $1.78
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $77.16
- Costs to cover
- 0.100%
- Break-even
- 0.7 days
Slippage unknown: Injective: no order-book sample; Coinbase International: live order book, 3 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 Coinbase International live order book, 3 min ago | 2.35 bp | 14.0 bp −$14 | 18.2 bp −$182 | doesn't fit | doesn't fit |
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 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 | 0.2132 | +0.331% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERPlong | +0.0033% | 1h | 0.2125 | long leg | $683 | $241K | 12x | |
| dYdX XLM-USD | +0.0055% | 1h | 0.2129 | +0.194% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2134 | +0.424% | $360K | $901K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2134 | +0.421% | $54.1M | $155.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2132 | +0.344% | $42.9M | $46.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2132 | +0.344% | $12.7M | $42.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2133 | +0.358% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2134 | +0.419% | $23.7M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2133 | +0.376% | $14.2M | $10.0M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
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 | 0.2133 | +0.372% | $25.5M | $20.7M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2133 | +0.362% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2133 | +0.395% | $89K | $262K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2132 | +0.336% | $255K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2125 | +0.006% | $11K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2125 | −0.005% | $594K | $611K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2122 | −0.136% | $170K | $257K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2133 | +0.376% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2131 | +0.278% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2133 | +0.386% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2132 | +0.329% | $197K | $262K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2132 | +0.348% | $8.9M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2132 | +0.306% | $191K | $1.8M | 10x | as long as short |
| Aster XLMUSDT | +0.0131% | 8h | 0.2132 | +0.321% | $570K | $631K | 75x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2127 | +0.094% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0232% | 1h | 0.2135 | +0.480% | $12.3M | $6.4M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0379% | 1h | 0.2133 | +0.389% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTXshort | +0.0440% | 1h | 0.2130 | +0.245% | $232K | $1.5M | 50x | |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0518% / S −0.0193% | 1h | 0.2132 | +0.330% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1016% | 1h | 0.2135 | +0.471% | $530K | $149K | 25x | as long as short |
Bitget XLMUSDT
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
Extended XLM-USD
Aster XLMUSDT
Phoenix XLM
Hyperliquid XLM
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL