Funding you earn now, next payment 08:00 UTC+0.0007%/8h= +0.7% APRnext payment +$0.07 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Phemex+0.161%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 7 days+0.129%+$13 on $10k
+Price spread, last 4 days (all we have)+0.522%+$52 · spread now +0.161%, 7d avg +0.051%
=Together, before fees+0.651%+ Points / potential airdropAster: Stage 5 · farm board+$65 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.110% dearer against Phemex than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.051%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2119 | 0.0100 | pay 0.0100% / 8h | 5h 38m | $8.9M | $8.9M | 50x |
| Short | Aster XLMUSDT | 0.2122 | 0.0107 | get 0.0107% / 8h | 5h 38m | $565K | $624K | 75x |
Phemex XLMUSDT
Aster XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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
- $1.41
- Price spread: +0.161% → +0.051%
- $10.95
- Slippage, 4 orders
- −$16.61
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$24.24
- Costs to cover
- 0.366%
- Break-even
- 127.3 days
Slippage from Phemex: live order book, 5 min ago; Aster: live order book, 24 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 Phemex live order book, 5 min ago | 2.35 bp | 8.5 bp −$9 | 15.5 bp −$155 | doesn't fit | doesn't fit |
| Sell Aster live order book, 24 min ago | 2.36 bp | 10.4 bp −$10 | 29.1 bp −$291 | 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2118 | −0.022% | $4K | — | 150x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2123 | +0.212% | $357K | $901K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2119 | +0.026% | $54.3M | $153.3M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2119 | +0.014% | $42.9M | $45.6M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2119 | 0.000% | $12.5M | $41.6M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2121 | +0.090% | $4.1M | $6.7M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2121 | +0.099% | $23.8M | $26.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2121 | +0.085% | $14.0M | $9.9M | 75x | as long as short |
| Bitget XLMUSDT | +0.0100% | 8h | 0.2121 | +0.104% | $25.5M | $20.8M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2121 | +0.104% | — | $6.7M | — | as long as short |
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
Gate XLM_USDT
MEXC XLM_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDCShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2118 | −0.028% | $92K | $270K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2122 | +0.150% | $254K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2122 | +0.163% | $12K | $303K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2128 | +0.420% | $589K | $598K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2127 | +0.392% | $170K | $256K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2119 | +0.005% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2116 | −0.142% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2118 | −0.047% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2121 | +0.104% | $196K | $252K | 20x | as long as short |
| Phemex XLMUSDTlong | +0.0100% | 8h | 0.2119 | long leg | $8.9M | $8.9M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2121 | +0.094% | $189K | $1.8M | 10x | as long as short |
| Aster XLMUSDTshort | +0.0107% | 8h | 0.2122 | +0.161% | $565K | $624K | 75x | |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2120 | +0.071% | $2.3M | $4.9M | 75x | as long as short |
| dYdX XLM-USD | +0.0246% | 1h | 0.2121 | +0.079% | $23K | $2K | 10x | as long as short |
| Phoenix XLM | +0.0264% | 1h | 0.2128 | +0.415% | $5K | $46K | 5x | as long as short |
| Hyperliquid XLM | +0.0443% | 1h | 0.2124 | +0.217% | $12.3M | $6.1M | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2126 | +0.349% | $232K | $1.5M | 50x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0464% | 1h | 0.2118 | −0.036% | $2.6M | $2.7M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0517% / S −0.0193% | 1h | 0.2118 | −0.047% | $44K | — | 100x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0647% | 1h | 0.2120 | +0.047% | $526K | $153K | 25x | as long as short |
| Injective XLM/USDC PERP | +0.1081% | 1h | 0.2125 | +0.288% | $683 | $241K | 12x | as long as short |
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
BloFin XLM-USDT
dYdX XLM-USD
Phoenix XLM
Hyperliquid XLM
Coinbase International XLM-PERP-INTX
Kraken Futures PF_XLMUSD
GMX XLM/USD [WBTC.b-USDC]
Deribit XLM_USDC-PERPETUAL
Injective XLM/USDC PERP