Funding you earn now, next payment 06:00 UTC+0.0163%/8h= +17.9% APRpaid last 24h +0.020%
Price spread now: Phoenix against KuCoin+0.250%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Phoenix is 0.250% dearer against KuCoin than usual: you sell high and buy low: +$25 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 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 | KuCoin XLMUSDTM | 0.2119 | 0.0100 | pay 0.0100% / 8h | 1h 02m | $14.0M | $9.4M | 75x |
| Short | Phoenix XLM | 0.2124 | 0.0263 | get 0.0033% / 1h | 2m 34s | $4K | $50K | 5x |
KuCoin XLMUSDTM
Phoenix XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against KuCoin. 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
- $34.33
- Price spread: +0.250% → 0.000%
- $25.02
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $40.35
- Costs to cover
- 0.190%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 6 min ago; Phoenix: 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 KuCoin live order book, 6 min ago | 0.24 bp | 24.3 bp −$24 | 36.5 bp −$365 | doesn't fit | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | 0.2118 | −0.015% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | +0.297% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2122 | +0.151% | $366K | $947K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2120 | +0.062% | $563K | $615K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | +0.037% | $54.3M | $162.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2118 | −0.033% | $43.0M | $47.3M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2119 | +0.009% | $12.2M | $44.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2119 | −0.009% | $4.0M | $7.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2119 | +0.028% | $24.6M | $29.3M | 300x | as long as short |
| KuCoin XLMUSDTMlong | +0.0100% | 8h | 0.2119 | long leg | $14.0M | $9.4M | 75x |
gTrade (Gains Network) XLM/USD
Injective XLM/USDC PERP
Lighter XLM
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2118 | −0.014% | $25.4M | $22.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2119 | +0.005% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2123 | +0.209% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2123 | +0.225% | $12K | $308K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2123 | +0.198% | $595K | $585K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2122 | +0.175% | $170K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2121 | +0.109% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2120 | +0.071% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2121 | +0.104% | $578 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2121 | +0.118% | $195K | $249K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2122 | +0.142% | $8.7M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2119 | −0.004% | $189K | $1.5M | 10x | as long as short |
| Backpack XLM_USDC_PERP | +0.0207% | 1h | 0.2121 | +0.090% | $130K | $348K | 20x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2122 | +0.156% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLMshort | +0.0263% | 1h | 0.2124 | +0.250% | $4K | $50K | 5x | |
| dYdX XLM-USD | +0.0300% | 1h | 0.2119 | −0.001% | $23K | $2K | 10x | as long as short |
| Hyperliquid XLM | +0.0326% | 1h | 0.2122 | +0.132% | $12.1M | $6.5M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0332% | 1h | 0.2122 | +0.137% | $2.6M | $2.7M | 50x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2127 | +0.401% | $222K | $1.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0247% | 1h | 0.2119 | +0.008% | $39K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.1024% | 1h | 0.2122 | +0.170% | $526K | $172K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
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
Backpack XLM_USDC_PERP
BloFin XLM-USDT
dYdX XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL