Funding you earn now, next payment 22:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.037%
Price spread now: Hyperliquid against Orderly+0.075%7-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—+ Points / potential airdropHyperliquid: Season 2 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Hyperliquid is 0.075% dearer against Orderly than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_XLM_USDC_mythos | 0.2132 | 0.0100 | pay 0.0050% / 4h | 2h 37m | $3K | $2K | 10x |
| Short | Hyperliquid XLM | 0.2134 | 0.0208 | get 0.0026% / 1h | 37m 06s | $11.9M | $5.8M | 5x |
Orderly PERP_XLM_USDC_mythos
Hyperliquid XLMFunding history
latest
Range statsloading…
Price spread between the two exchanges
Hyperliquid against Orderly. 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
- $22.6
- Price spread: +0.075% → 0.000%
- $7.5
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- $15.1
- Costs to cover
- 0.150%
- Break-even
- 2.3 days
Slippage unknown: Orderly: no order-book sample; Hyperliquid: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 5 min ago | 0.70 bp | 8.0 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX XLM-USD | 0.0000% | 1h | 0.2130 | −0.075% | $23K | $3K | 10x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2132 | −0.010% | $4K | — | 150x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2131 | −0.045% | $585K | $791K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2132 | +0.019% | $55.0M | $144.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2132 | −0.009% | $43.4M | $40.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2131 | −0.033% | $12.9M | $40.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2131 | −0.052% | $3.9M | $5.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2132 | 0.000% | $25.1M | $25.1M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2131 | −0.028% | $14.3M | $10.3M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2132 | 0.000% | $25.7M | $17.8M | 75x | as long as short |
dYdX XLM-USD
gTrade (Gains Network) XLM/USD
Aster XLMUSDT
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX XLM-USDT | +0.0100% | 8h | 0.2132 | −0.014% | — | $6.8M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2132 | +0.023% | $102K | $222K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2129 | −0.164% | $206K | $1.1M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2125 | −0.338% | $11K | $298K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | −0.197% | $596K | $620K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2128 | −0.178% | $171K | $255K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythoslong | +0.0100% | 4h | 0.2132 | long leg | $3K | $2K | 10x | |
| SunX XLM-USDT | +0.0100% | 8h | 0.2130 | −0.103% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2132 | −0.023% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2131 | −0.056% | $199K | $267K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2131 | −0.052% | $8.9M | $9.0M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2132 | −0.012% | $191K | $1.6M | 10x | as long as short |
| Phoenix XLM | +0.0187% | 1h | 0.2125 | −0.310% | $5K | $43K | 5x | as long as short |
| Hyperliquid XLMshort | +0.0208% | 1h | 0.2134 | +0.075% | $11.9M | $5.8M | 5x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2131 | −0.028% | $2.3M | $6.2M | 75x | as long as short |
| Injective XLM/USDC PERP | +0.0249% | 1h | 0.2127 | −0.235% | $476 | $154K | 12x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0312% / S −0.0166% | 1h | 0.2131 | −0.031% | $44K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0408% | 1h | 0.2128 | −0.188% | $228K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0554% | 1h | 0.2132 | −0.014% | $2.6M | $2.6M | 50x | as long as short |
| Lighter XLM | +0.0608% | 1h | 0.2136 | +0.183% | $425K | $786K | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0735% | 1h | 0.2134 | +0.103% | $530K | $168K | 25x | as long as short |
BingX XLM-USDT
Backpack XLM_USDC_PERP
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
Phoenix XLM
BloFin XLM-USDT
Injective XLM/USDC PERP
GMX XLM/USD [WBTC.b-USDC]
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
Lighter XLM
Deribit XLM_USDC-PERPETUAL