Funding you earn now, next payment 11:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.181%
Price spread now: SunX against Injective−1.181%61s7-day average +0.255% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.295%+$29 on $10k
+Price spread, last 4 days (all we have)+1.422%+$142 · spread now −1.181%, 7d avg +0.255%
=Funding pays, the price is against you. SunX is 1.436% cheaper against Injective than usual: you would sell low and buy high (spread −1.181% now, against its 7-day average of +0.255%). If the spread goes back, that is −$144 on $10k: about 2 months of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.295% in total) that is about 34 days. The two prices were read 61 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 | 29m 48s | $683 | $241K | 12x |
| Short | SunX XLM-USDT | 0.2100 | 0.0100 | get 0.0100% / 8h | 5h 29m | $2K | $1.4M | 20x |
Injective XLM/USDC PERP
SunX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −1.181% → +0.255%
- −$143.61
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$137.63
- Costs to cover
- 0.080%
- Break-even
- 75.8 days
Slippage unknown: Injective: no order-book sample; SunX: live order book, 8 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 SunX live order book, 8 min ago | 45.10 bp | 64.0 bp −$64 | doesn't fit | 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 exchanges
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 | 0.2101 | −1.113% | $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 | 0.2103 | −1.026% | $368K | $805K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2101 | −1.106% | $557K | $434K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2102 | −1.087% | $54.4M | $144.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2101 | −1.129% | $43.5M | $41.2M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2101 | −1.115% | $12.2M | $42.2M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2101 | −1.125% | $3.9M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2102 | −1.078% | $24.3M | $27.5M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2102 | −1.096% | $13.9M | $8.6M | 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 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2101 | −1.139% | $25.6M | $21.3M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2101 | −1.129% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2102 | −1.096% | $119K | $297K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2100 | −1.176% | $250K | $1.2M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2102 | −1.066% | $12K | $311K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2103 | −1.049% | $587K | $521K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2108 | −0.800% | $169K | $252K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2100 | −1.176% | $3K | $247 | 10x | as long as short |
| SunX XLM-USDTshort | +0.0100% | 8h | 0.2100 | −1.181% | $2K | $1.4M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2100 | −1.158% | $572 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2101 | −1.111% | $189K | $242K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2100 | −1.153% | $8.5M | $8.4M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2101 | −1.132% | $187K | $608K | 10x | as long as short |
| Phoenix XLM | +0.0150% | 1h | 0.2102 | −1.068% | $4K | $46K | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2103 | −1.040% | $2.3M | $5.2M | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0258% | 1h | 0.2100 | −1.165% | $2.5M | $2.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0299% | 1h | 0.2104 | −0.998% | $12.4M | $5.6M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0328% | 1h | 0.2120 | −0.249% | $211K | $1.3M | 50x | as long as short |
| dYdX XLM-USD | +0.0422% | 1h | 0.2100 | −1.154% | $27K | $5K | 10x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0510% / S −0.0245% | 1h | 0.2100 | −1.179% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0702% | 1h | 0.2102 | −1.064% | $521K | $103K | 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
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
BloFin XLM-USDT
Kraken Futures PF_XLMUSD
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
dYdX XLM-USD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL