Funding you earn now, next payment 01:00 UTC−0.0064%/8h= −7.0% APRpaid last 24h −0.012%
Price spread now: dYdX against Phemex−0.176%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and dYdX is 0.176% cheaper against Phemex than usual: you would sell low and buy high (−$18 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2164 | 0.0100 | pay 0.0100% / 8h | 7h 32m | $9.0M | $9.0M | 50x |
| Short | dYdX XLM-USD | 0.2160 | 0.0036 | get 0.0004% / 1h | 32m 47s | $23K | $2K | 10x |
Phemex XLMUSDT
dYdX XLM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
dYdX 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
- −$13.45
- Price spread: −0.176% → 0.000%
- −$17.61
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee dYdX: 5 bp × 2 orders
- −$10
- Net
- −$53.05
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: Phemex: live order book, 6 min ago; dYdX: 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 Phemex live order book, 6 min ago | 1.16 bp | 9.2 bp −$9 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell dYdX no order-book sample | — | — | — | — | — |
dYdX: 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective XLM/USDC PERP | −0.5000% | 1h | 0.2157 | −0.337% | $736 | $241K | 12x | as long as short |
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2165 | +0.013% | $4K | — | 150x | as long as short |
| dYdX XLM-USDshort | +0.0036% | 1h | 0.2160 | −0.176% | $23K | $2K | 10x | |
| Lighter XLM | +0.0096% | 1h | 0.2164 | −0.023% | $399K | $838K | 5x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2161 | −0.139% | $55.8M | $151.0M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2160 | −0.194% | $44.0M | $44.1M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2160 | −0.222% | $13.2M | $41.4M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2160 | −0.185% | $4.1M | $6.3M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2161 | −0.162% | $24.9M | $26.4M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2161 | −0.171% | $14.4M | $10.2M | 75x | as long as short |
Injective XLM/USDC PERP
gTrade (Gains Network) XLM/USD
Lighter XLM
Binance XLMUSDT
Bybit XLMUSDT
OKX XLM-USDT-SWAP
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 | 0.2159 | −0.254% | $25.7M | $19.6M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2159 | −0.254% | — | $6.7M | — | as long as short |
| Backpack XLM_USDC_PERP | +0.0100% | 1h | 0.2163 | −0.069% | $88K | $269K | 20x | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2166 | +0.086% | $285K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2164 | +0.007% | $12K | $302K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2164 | −0.032% | $610K | $619K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2164 | 0.000% | $173K | $258K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2164 | −0.014% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2162 | −0.116% | $2K | $1.7M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2165 | +0.009% | $2K | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2168 | +0.152% | $200K | $256K | 20x | as long as short |
| Phemex XLMUSDTlong | +0.0100% | 8h | 0.2164 | long leg | $9.0M | $9.0M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2158 | −0.276% | $194K | $1.7M | 10x | as long as short |
| Aster XLMUSDT | +0.0131% | 8h | 0.2166 | +0.083% | $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 | 0.2165 | +0.014% | $2.3M | $5.4M | 75x | as long as short |
| Phoenix XLM | +0.0223% | 1h | 0.2161 | −0.143% | $5K | $42K | 5x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0317% / S −0.0167% | 1h | 0.2164 | −0.022% | $45K | — | 100x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0448% | 1h | 0.2167 | +0.143% | $229K | $1.5M | 50x | as long as short |
| Hyperliquid XLM | +0.0514% | 1h | 0.2165 | +0.023% | $12.5M | $6.3M | 5x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0582% | 1h | 0.2166 | +0.060% | $537K | $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