Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against OKX+0.046%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$410.405% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 3 days (all we have)−0.042%−$4 · spread now +0.046%, 7d avg +0.032%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX XLM-USDT-SWAP | 0.2165 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $13.2M | $41.4M | 50x |
| Short | Phemex XLMUSDT | 0.2166 | 0.0100 | get 0.0100% / 8h | 7h 33m | $9.1M | $9.0M | 50x |
OKX XLM-USDT-SWAP
Phemex XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against OKX. 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
- $0
- Price spread: +0.046% → +0.032%
- $1.42
- Slippage, 4 orders
- −$18.53
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$39.11
- Costs to cover
- 0.405%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Phemex: live order book, 5 min ago.
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 OKX live order book, 5 min ago | 0.23 bp | 12.6 bp −$13 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 5 min ago | 1.16 bp | 8.4 bp −$8 | 17.8 bp −$178 | doesn't fit | doesn't fit |
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 PERP | −0.5000% | 1h | 0.2157 | −0.370% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2166 | +0.028% | $4K | — | 150x | as long as short |
| dYdX XLM-USD | +0.0033% | 1h | 0.2164 | −0.062% | $23K | $2K | 10x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2168 | +0.152% | $400K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2165 | −0.021% | $55.9M | $151.1M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2164 | −0.028% | $44.1M | $44.1M | 75x | as long as short |
| OKX XLM-USDT-SWAPlong | +0.0100% | 8h | 0.2165 | long leg | $13.2M | $41.4M | 50x | |
| Gate XLM_USDT | +0.0100% | 8h | 0.2164 | −0.046% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2164 | −0.042% | $25.0M | $26.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2164 | −0.060% | $14.4M | $10.2M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
dYdX XLM-USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
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 | 0.2163 | −0.069% | $25.7M | $19.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2164 | −0.037% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2165 | +0.005% | $89K | $269K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2166 | +0.054% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2162 | −0.120% | $12K | $301K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2160 | −0.240% | $609K | $619K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2164 | −0.032% | $173K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2167 | +0.092% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2163 | −0.069% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2165 | +0.023% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2166 | +0.032% | $200K | $256K | 20x | as long as short |
| Phemex XLMUSDTshort | +0.0100% | 8h | 0.2166 | +0.046% | $9.1M | $9.0M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2164 | −0.064% | $193K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0129% | 8h | 0.2166 | +0.065% | $581K | $689K | 75x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0183% | 1h | 0.2165 | +0.023% | $2.6M | $2.6M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2163 | −0.074% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2161 | −0.176% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2165 | +0.005% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2166 | +0.055% | $229K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0510% | 1h | 0.2166 | +0.065% | $12.5M | $6.2M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0812% | 1h | 0.2168 | +0.134% | $538K | $152K | 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
Extended XLM-USD
Aster XLMUSDT
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Hyperliquid XLM
Deribit XLM_USDC-PERPETUAL