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: SunX against Phemex−0.140%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1421.420% of the position
Funding, last 7 days+0.135%+$13 on $10k
+Price spread, last 4 days (all we have)+0.240%+$24 · spread now −0.140%, 7d avg +0.024%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.164% cheaper against Phemex than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of +0.024%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex XLMUSDT | 0.2140 | 0.0100 | pay 0.0100% / 8h | 3h 27m | $9.0M | $9.0M | 50x |
| Short | SunX XLM-USDT | 0.2137 | 0.0100 | get 0.0100% / 8h | 3h 27m | $2K | $1.6M | 20x |
Phemex XLMUSDT
SunX XLM-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- Price spread: −0.140% → +0.024%
- −$16.43
- Slippage, 4 orders
- −$122.05
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$158.48
- Costs to cover
- 1.420%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; SunX: live order book, 8 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, 2 min ago | 1.40 bp | 8.2 bp −$8 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 29.31 bp | 77.8 bp −$78 | doesn't fit | 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 | 0.2139 | −0.051% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.724% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2143 | +0.117% | $376K | $969K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2140 | −0.026% | $569K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2141 | +0.005% | $54.9M | $157.4M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2140 | −0.047% | $43.3M | $46.0M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2140 | −0.005% | $12.6M | $43.3M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2139 | −0.061% | $4.1M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2140 | 0.000% | $24.7M | $27.2M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2140 | −0.033% | $14.1M | $9.5M | 75x | as long as short |
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 XLMUSDTMShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget XLMUSDT | +0.0100% | 8h | 0.2140 | −0.023% | $25.9M | $21.9M | 75x | as long as short |
| BingX XLM-USDC | +0.0100% | 8h | 0.2140 | −0.042% | — | $6.7M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2147 | +0.309% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2147 | +0.310% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2145 | +0.233% | $601K | $618K | 10x | as long as short |
| ApeX Omni XLMUSDT | +0.0100% | 1h | 0.2147 | +0.308% | $172K | $264K | 50x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2140 | −0.023% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDTshort | +0.0100% | 8h | 0.2137 | −0.140% | $2K | $1.6M | 20x | |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2140 | −0.037% | $583 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2140 | −0.023% | $197K | $250K | 20x | as long as short |
| Phemex XLMUSDTlong | +0.0100% | 8h | 0.2140 | long leg | $9.0M | $9.0M | 50x | |
| Extended XLM-USD | +0.0104% | 1h | 0.2139 | −0.066% | $191K | $1.8M | 10x | as long as short |
| Hyperliquid XLM | +0.0171% | 1h | 0.2142 | +0.056% | $12.4M | $6.3M | 5x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0185% | 1h | 0.2140 | −0.014% | $2.6M | $2.7M | 50x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2141 | +0.042% | $2.3M | $5.5M | 75x | as long as short |
| Phoenix XLM | +0.0225% | 1h | 0.2143 | +0.131% | $5K | $46K | 5x | as long as short |
| dYdX XLM-USD | +0.0278% | 1h | 0.2139 | −0.056% | $23K | $2K | 10x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0405% | 1h | 0.2140 | −0.005% | $531K | $154K | 25x | as long as short |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2146 | +0.271% | $249K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0520% / S −0.0247% | 1h | 0.2139 | −0.078% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0544% | 1h | 0.2140 | −0.014% | $128K | $294K | 20x | as long as short |
Bitget XLMUSDT
BingX XLM-USDC
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
ApeX Omni XLMUSDT
Orderly PERP_XLM_USDC_mythos
SoDEX XLM-USD
HTX XLM-USDT
Extended XLM-USD
Hyperliquid XLM
Kraken Futures PF_XLMUSD
BloFin XLM-USDT
Phoenix XLM
dYdX XLM-USD
Deribit XLM_USDC-PERPETUAL
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP