Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Extended against Phemex+0.095%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$400.399% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.095%, 7d avg −0.046%
=Together, before fees+0.111%+ Points / potential airdropExtended: Active · farm board+$11 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: Extended is 0.141% dearer against Phemex than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2145 | 0.0100 | pay 0.0100% / 8h | 3h 50m | $9.0M | $8.9M | 50x |
| Short | Extended XLM-USD | 0.2147 | 0.0104 | get 0.0013% / 1h | 50m 59s | $191K | $1.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $0.84
- Price spread: +0.095% → −0.046%
- $14.06
- Slippage, 4 orders
- −$22.91
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$25.01
- Costs to cover
- 0.399%
- Break-even
- 215.4 days
Slippage from Phemex: live order book, 3 min ago; Extended: live order book, 2 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, 3 min ago | 6.30 bp | 14.1 bp −$14 | 28.0 bp −$280 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 3.03 bp | 5.5 bp −$6 | 14.3 bp −$143 | 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 | 0.2146 | +0.078% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.909% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2148 | +0.145% | $373K | $962K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2147 | +0.105% | $571K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2147 | +0.096% | $55.0M | $156.5M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2145 | +0.033% | $43.4M | $45.8M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2146 | +0.075% | $12.6M | $43.0M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2145 | +0.009% | $4.0M | $6.8M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2146 | +0.061% | $23.8M | $26.8M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2145 | +0.028% | $14.2M | $9.5M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2146 | +0.075% | $26.0M | $21.8M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2145 | +0.047% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2146 | +0.076% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2146 | +0.080% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2147 | +0.126% | $594K | $605K | 10x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2148 | +0.163% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2145 | +0.019% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2146 | +0.065% | $585 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2147 | +0.117% | $198K | $253K | 20x | as long as short |
| Phemex XLMUSDTlong | +0.0100% | 8h | 0.2145 | long leg | $9.0M | $8.9M | 50x | |
| Extended XLM-USDshort | +0.0104% | 1h | 0.2147 | +0.095% | $191K | $1.8M | 10x | |
| dYdX XLM-USD | +0.0169% | 1h | 0.2147 | +0.099% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2146 | +0.079% | $2.6M | $2.7M | 50x | as long as short |
| ApeX Omni XLMUSDT | +0.0194% | 1h | 0.2148 | +0.145% | $172K | $258K | 50x | as long as short |
| Hyperliquid XLM | +0.0211% | 1h | 0.2147 | +0.140% | $12.4M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2145 | +0.019% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2141 | −0.159% | $5K | $46K | 5x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2146 | +0.075% | $241K | $1.5M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0521% / S −0.0247% | 1h | 0.2146 | +0.059% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0704% | 1h | 0.2147 | +0.103% | $127K | $290K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0915% | 1h | 0.2149 | +0.205% | $533K | $153K | 25x | as long as short |
Phemex XLMUSDT
Extended XLM-USD
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_USDT
KuCoin XLMUSDTM
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Kraken Futures PF_XLMUSD
ApeX Omni XLMUSDT
Hyperliquid XLM
BloFin XLM-USDT
Phoenix XLM
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL