Funding you earn now, next payment 04:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h −0.017%
Price spread now: ApeX Omni against Phoenix+0.304%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—needs both histories
The price spread pays, funding is against you. ApeX Omni is 0.304% dearer against Phoenix than usual: you sell high and buy low (spread +0.304% now, against zero (this spread has no 7-day history yet)): +$30 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 33 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix XLM | 0.2141 | 0.0225 | pay 0.0028% / 1h | 49m 58s | $5K | $46K | 5x |
| Short | ApeX Omni XLMUSDT | 0.2148 | 0.0194 | get 0.0024% / 1h | 49m 58s | $172K | $258K | 50x |
Phoenix XLM
ApeX Omni XLMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- −$6.49
- Price spread: +0.304% → 0.000%
- $30.36
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- $6.87
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; ApeX Omni: live order book, 2 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 Phoenix no order-book sample | — | — | — | — | — |
| Sell ApeX Omni live order book, 2 min ago | 6.29 bp | 15.0 bp −$15 | 95.0 bp −$950 | doesn't fit | doesn't fit |
Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XLM/USD | L 0.0000% / S +0.0002% | 1h | 0.2147 | +0.299% | $4K | — | 150x | as long as short |
| Injective XLM/USDC PERP | +0.0033% | 1h | 0.2125 | −0.752% | $683 | $241K | 12x | as long as short |
| Lighter XLM | +0.0096% | 1h | 0.2152 | +0.509% | $373K | $962K | 5x | as long as short |
| Aster XLMUSDT | +0.0100% | 8h | 0.2148 | +0.307% | $571K | $622K | 75x | as long as short |
| Binance XLMUSDT | +0.0100% | 8h | 0.2149 | +0.354% | $55.1M | $156.9M | 75x | as long as short |
| Bybit XLMUSDT | +0.0100% | 8h | 0.2148 | +0.304% | $43.5M | $45.9M | 75x | as long as short |
| OKX XLM-USDT-SWAP | +0.0100% | 8h | 0.2148 | +0.304% | $12.6M | $43.1M | 50x | as long as short |
| Gate XLM_USDT | +0.0100% | 8h | 0.2148 | +0.336% | $4.0M | $6.9M | 75x | as long as short |
| MEXC XLM_USDT | +0.0100% | 8h | 0.2148 | +0.336% | $23.8M | $26.9M | 300x | as long as short |
| KuCoin XLMUSDTM | +0.0100% | 8h | 0.2149 | +0.346% | $14.2M | $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 | 0.2148 | +0.322% | $26.0M | $21.9M | 75x | as long as short |
| BingX XLM-USDT | +0.0100% | 8h | 0.2149 | +0.383% | — | $7.3M | — | as long as short |
| Variational Omni XLM | +0.0100% | 8h | 0.2146 | +0.235% | $257K | $1.3M | — | as long as short |
| edgeX XLMUSDC | +0.0100% | 4h | 0.2146 | +0.239% | $12K | $305K | 10x | as long as short |
| GRVT XLM_USDT_Perp | +0.0100% | 8h | 0.2147 | +0.285% | $594K | $605K | 10x | as long as short |
| Orderly PERP_XLM_USDC_mythos | +0.0100% | 4h | 0.2148 | +0.322% | $3K | $2K | 10x | as long as short |
| SunX XLM-USDT | +0.0100% | 8h | 0.2146 | +0.220% | $2K | $1.6M | 20x | as long as short |
| SoDEX XLM-USD | +0.0100% | 1h | 0.2149 | +0.350% | $585 | $6K | 5x | as long as short |
| HTX XLM-USDT | +0.0100% | 8h | 0.2150 | +0.430% | $198K | $254K | 20x | as long as short |
| Phemex XLMUSDT | +0.0100% | 8h | 0.2149 | +0.355% | $9.1M | $8.9M | 50x | as long as short |
| Extended XLM-USD | +0.0104% | 1h | 0.2148 | +0.304% | $191K | $1.8M | 10x | as long as short |
| dYdX XLM-USD | +0.0169% | 1h | 0.2152 | +0.488% | $23K | $2K | 10x | as long as short |
| Kraken Futures PF_XLMUSD | +0.0184% | 1h | 0.2149 | +0.365% | $2.6M | $2.7M | 50x | as long as short |
| ApeX Omni XLMUSDTshort | +0.0194% | 1h | 0.2148 | +0.304% | $172K | $258K | 50x | |
| Hyperliquid XLM | +0.0209% | 1h | 0.2151 | +0.462% | $12.4M | $6.3M | 5x | as long as short |
| BloFin XLM-USDT | +0.0220% | 8h | 0.2145 | +0.177% | $2.3M | $5.1M | 75x | as long as short |
| Phoenix XLMlong | +0.0225% | 1h | 0.2141 | long leg | $5K | $46K | 5x | |
| Coinbase International XLM-PERP-INTX | +0.0464% | 1h | 0.2149 | +0.360% | $250K | $1.6M | 50x | as long as short |
| GMX XLM/USD [WBTC.b-USDC] | L +0.0521% / S −0.0247% | 1h | 0.2147 | +0.291% | $40K | — | 100x | as long as short |
| Backpack XLM_USDC_PERP | +0.0721% | 1h | 0.2150 | +0.406% | $127K | $292K | 20x | as long as short |
| Deribit XLM_USDC-PERPETUAL | +0.0961% | 1h | 0.2150 | +0.402% | $533K | $153K | 25x | as long as short |
Bitget XLMUSDT
BingX XLM-USDT
Variational Omni XLM
edgeX XLMUSDC
GRVT XLM_USDT_Perp
Orderly PERP_XLM_USDC_mythos
SunX XLM-USDT
SoDEX XLM-USD
HTX XLM-USDT
Phemex XLMUSDT
Extended XLM-USD
dYdX XLM-USD
Kraken Futures PF_XLMUSD
Hyperliquid XLM
BloFin XLM-USDT
Coinbase International XLM-PERP-INTX
GMX XLM/USD [WBTC.b-USDC]
Backpack XLM_USDC_PERP
Deribit XLM_USDC-PERPETUAL