Funding you earn now, next payment 00:00 UTC+0.5100%/8h= +558.5% APRpaid last 24h +0.005%
Price spread now: edgeX against Injective+6.644%7-day average +0.078% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 3 days (all we have)−6.563%−$656 · spread now +6.644%, 7d avg +0.078%
=Together, before fees−6.444%+ Points / potential airdropedgeX: Active · farm board−$644 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$153 a day on $10k at the current rate, and edgeX is 6.566% dearer against Injective than usual: you sell high and buy low: +$657 more if the spread goes back to its 7-day average of +0.078%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XLM/USDC PERP | 0.2041 | −0.5000 | get 0.0625% / 1h | 48m 34s | $5K | $238K | 12x |
| Short | edgeX XLMUSDC | 0.2177 | 0.0100 | get 0.0050% / 4h | 48m 34s | $12K | $301K | 10x |
Injective XLM/USDC PERP
edgeX XLMUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $1,071
- Price spread: +6.644% → +0.078%
- $656.58
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $1,718.56
- Costs to cover
- 0.090%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; edgeX: live order book, 29 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 edgeX live order book, 29 min ago | 1.39 bp | 6.3 bp −$6 | 88.4 bp −$884 | 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 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERPlong | −0.5000% | 1h | 0.2041 | long leg | $5K | $238K | 12x | |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2169 | +6.253% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0001% | 1h | 0.2168 | +6.214% | $24K | $3K | 10x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2170 | +6.343% | $581K | $752K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2169 | +6.256% | $56.0M | $150.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2168 | +6.222% | $44.1M | $43.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2168 | +6.227% | $13.2M | $41.9M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2169 | +6.257% | $4.1M | $6.2M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2168 | +6.242% | $25.8M | $26.0M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2169 | +6.281% | $14.6M | $10.6M | 75x | as long as short |
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
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 | 0.2168 | +6.237% | $25.8M | $19.2M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2168 | +6.232% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2175 | +6.577% | $258K | $1.3M | — | as long as short |
| edgeX XLMUSDCshort | +0.0100% | 4h | 0.2177 | +6.644% | $12K | $301K | 10x | |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2174 | +6.531% | $602K | $633K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2175 | +6.565% | $174K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2167 | +6.173% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2166 | +6.110% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2167 | +6.198% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2170 | +6.330% | $200K | $261K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2169 | +6.281% | $9.1M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2169 | +6.256% | $194K | $1.6M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0111% | 1h | 0.2168 | +6.213% | $98K | $265K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2170 | +6.311% | $2.3M | $5.6M | 75x | as long as short |
| Phoenix XLM | +0.0222% | 1h | 0.2175 | +6.590% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2168 | +6.239% | $45K | — | 100x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0411% | 1h | 0.2168 | +6.219% | $2.6M | $2.6M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2170 | +6.301% | $234K | $1.5M | 50x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0488% | 1h | 0.2168 | +6.242% | $538K | $160K | 25x | as long as short |
| Hyperliquid XLM | +0.0558% | 1h | 0.2172 | +6.428% | $12.4M | $6.1M | 5x | as long as short |
| Lighter XLM | +0.0576% | 1h | 0.2172 | +6.433% | $420K | $809K | 5x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
Deribit XLM_USDC-PERPETUAL
Hyperliquid XLM
Lighter XLM